Connect with us

News

Experts Raise National Security Worries Over ID Card Scheme

Published

on

Kindly share this post

The federal government has been urged to immediately halt the National Identity Card (ID) project and review the legal limits on use of data to be generated by the exercise because of the involvement of MasterCard Incorporated, an American firm in the scheme.

MasterCard and the National Identity Management Commission (NIMC) recently formed a partnership for the purpose of rolling out the new national identity cards in Nigeria as approved by the federal government.

But MasterCard had said that her synergy deal with NIMC involves provision of prepaid payment technology back-up for the National Identity card while the NIMC and other partners would handle the biometric aspect of the project.

A cross section of ICT experts and a lawyer at the weekend, argued that the partnership was wrong in the first place because of the involvement of the American company and the sensitivity of information to be gathered.

According to them, the project is a very vital national security tool that must be sovereign in every respect adding that it was careless of the government to involve MasterCard in such a delicate project that affects the security of the country.

Institute of Software Practitioners of Nigeria (ISPON) disassociated itself from the project, saying the partnership with MasterCard contravenes global guideline and standard.

Chris Uwaje, president, ISPON, said that the United Nations guidelines on the implementation of projects like national ID (that has to do with national security) stipulate that the scheme should be executed with open source software with indigenous people as primers.

“In the case of the national identity card project, none of the ISPON members were contacted neither is any indigenous firm involved in the implementation. We are not aware of any indigenous company working with them.” He said.

Elsewhere, Engr. Lanre Ajayi, president, Association of Telecommunications Companies of Nigeria (ATCON), said that the project should be stopped because trusting information about Nigerians in the hands of foreigners is a security risk.

According to him the involvement of a foreign company in the scheme is not in the interest of the country.

“The right thing would have been for the National Identity Management Commission to assemble Nigeria professionals, empower them and mandate them to implement the project;  by this our confidential data will be secured, that will also bring about development to the country” Ajayi said.

In his opinion, Bob Okonyia, chairman, Bocal Limited, a card scheme, said that the project is not in line with expectations of Nigerians from regulators and policy makers.

“First of all, giving the national identity management project to MasterCard is opening our gateways to foreigners.  Everybody with that card cannot feel at home. Everyone involved in this project should know better.

Even local companies with competence to implement the project were disregarded. What are they trying to achieve? The foreign company is not offering us free service; they are going to be paid in foreign currency, by that they are liquidating the economy. They are pretending as though they want to help us” Okonyia added.

John Owobokiri, a renowned legal practitioner based in Port Harcourt, Rivers State, said that the scheme is not likely to address the controversy that confronts it before it goes into full implementation.

Owobokiri warned of severe consequences if legal limits on use of data to be generated by the exercise are not reviewed.


Kindly share this post
Continue Reading
Comments

News

Inlaks CEO, Femi Adeoti, Wins Top CEOs & Next Bulls Award

Published

on

Kindly share this post

Femi Adeoti, managing director and CEO, Inlaks, Africa’s foremost Information Technology and Infrastructure solutions provider in West Africa, has been announced as a winner of the 2020 Top CEOs & Next Bulls Awards organised by Business Day Media Limited in collaboration with the Nigerian Stock Exchange (NSE).

The MD/CEO whilst receiving the award dedicated it to the management and staff of Inlaks for their relentless service even during these trying times.

He also appreciated the board of the organization that drove changes within the organisation particularly in the pandemic which led to the company being recognized and the customers who have continued to support Inlaks while being ambassadors of all Inlaks’ solutions.

The CEO and Next Bulls awards, the sixth in its series, recognizes the CEOs of listed companies creating competitive shareholder value through sound strategy, disciplined execution and world class governance. In addition, it celebrates chief executives of quoted companies that have demonstrated the most impressive gains in both share price and service delivery.

Themed “Advancing Against all Odds,” this year’s award particularly recognised businesses that have been thriving in spite of the global harsh economic realities.

According to the organisers of the award, the indomitable Next Bulls are the CEOs raging forward at a time when many businesses are choosing to retreat, thus acknowledging Adeoti’s good leadership in the area of corporate governance, innovation and service delivery.

The CEOs award celebrates the CEOs of successful, privately-owned indigenous companies built by Nigerians, led by Nigerians and poised to lead their categories on the continent.

Established in 1982, Inlaks is Africa’s leading Information Technology systems integrator with presence in Nigeria, Ghana, Kenya, Gambia, Sierra Leone, Guinea, Liberia and Cameroon. As solutions provider, it offers core banking, agency banking, fraud management, cyber-security, cloud, data centre, enterprise risk management and software solutions.

Part of the criteria for selecting winners of this year’s awards held virtually on September 5, are stock price appreciation, Profit After Tax (PAT) growth, an unblemished regulatory compliance record, and positive marketplace reputation among customers in the period under review.

Winners are also selected based on significant interest shown by active and informed investors on the Nigerian Stock Exchange to invest in their stock should their boards ever decide to take them public.


Kindly share this post
Continue Reading

News

Transcorp Hotels Hard Hit by COVID-19, Mulls Restructuring

Published

on

Kindly share this post

The novel COVID-19 pandemic has caused the African Hotel and Tourism industry to lose over $50bn in revenue.

Transcorp Hotels Hard Hit by COVID-19, Mulls Restructuring

Dupe Olusola, MD, Transcorp Hotels

Amidst this, Transcorp Hotels Plc has suffered unprecedented losses and is looking to restructure the business strategy of its hotels and optimize its operations.

The management of Transcorp Hotels Plc has announced that it will be taking steps to ensure business continuity in the wake of the losses recorded due to the COVID-19 pandemic.

To this end, the hotelier is diversifying its portfolio and reducing its workforce as part of its cost management initiatives.

Mrs Dupe Olusola, managing director, Transcorp Hotels Plc, disclosed this during a Press Conference on Thursday saying “The impact of COVID-19 on the business is like nothing the company has ever witnessed. The hotel and hospitality industry in Nigeria has never faced a crisis that brought travel to a standstill, including the Ebola Virus Outbreak of 2014 and the recession of 2015. The slow pick up of international travel, restriction on large gatherings, the switch to virtual meetings and fear of the virus, has drastically reduced demand for our hotels and occupancy levels to its lowest of less than 5%.”

According to her “Despite the losses incurred we have fulfilled our obligations to staff. At the inception of the pandemic, we maintained a 100% salary payment to our over 900 employees in March and April. We also activated various cost-saving initiatives such as renegotiations of service contracts and restructuring of our loans. We suspended further commitment to buy fixed assets and operating equipment as well as reducing our energy consumption and maintenance costs. Despite undertaking these, it has become apparent that more fundamental changes need to be made for the business to survive. To this end, our workforce headcount will be reduced by at least 40%, and our reward system will be optimized.”

Mrs Olusola further disclosed that negotiations are ongoing to ensure that our colleagues who will be impacted are adequately compensated given the peculiarities of the economy at this time.

A health insurance package to reduce their health burden costs, especially during the pandemic, amongst other payment settlements, will be activated.

Equally, all Executives of Transcorp Hilton Abuja have now taken a pay cut.

As one of the leading hospitality brands in Africa, Transcorp Hotels Plc has stated its commitment to uphold service standards and ensure that all guests continue to experience the warmth and hospitality that it is known for.


Kindly share this post
Continue Reading

News

LCCI Announces Date for Virtual Edition of ICTEL Expo

Published

on

Kindly share this post

The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice in the organised private sector (OPS) in Nigeria, is set to host the 6th edition of the Information, Communication, Technology and Telecommunications (ICTEL) Expo.

The tech event is scheduled to take place virtually on Tuesday 22ndand Wednesday 23rd September at 9am daily. To this end, interested participants are urged to register online via www.ictelexpo.com.ng

Muda Yusuf, director general of the Lagos Chamber of Commerce and Industry (LCCI) said: “The ICTEL EXPO is positioned to be a veritable platform for both operators and regulators to network, showcase and explore with technology with the view to repositioning the ICT sector of the economy.”

Yusuf added “that this year’s edition promises to be the best ever in the series with the theme “Exploring Opportunities in the Digital Economy” This is intended to create a platform to discuss strategies for economic diversification and business sustainability with particular focus on ICT, especially with the current challenges posed by the COVID-19 pandemic. There would also be virtual conferences and exhibition during the two-day event.

Yusuf also emphasized that relevant agencies and departments of Government will be exhibiting and attending to other exhibitors and participants.

He stated that the Government Ministries, Departments and Agencies that have confirmed attendance to participate are Ministry of Communications; Nigerian Communications Commission (NCC) amongst others.

In addition, the Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Pantami and the Executive Vice Chairman, Nigerian Communications Commission, Prof. Umar GarbaDanbatta, are expected as Special Guests.

Mrs. Funke Opeke, managing director, MainOne Cable and chairman, Presidential Committee on National Broadband Plan, is expected to deliver the Keynote Address on the first day.

While Mr. Victor Eburajolo, deputy group managing director, Kewalram Group, will be delivering the Keynote Address on the second day at the virtual Expo.

Yusuf stated that “so far, so good the excitement that the virtual Expo has generated has been phenomenal and we are indeed happy about it.”


Kindly share this post
Continue Reading
Advertisement

Social

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Trending