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Experts Say Stable Policies, Economy Vital for IT Revolution

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(L-r): Professor David Adewumi, president, Nigeria Computer Society (NCS) and Chinenye Mba-Uzoukwu, managing director, Infographics limited, during #NCSENUGU2014
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Computer professionals under the umbrella of the Nigeria Computer Society (NCS) have said that Nigeria must address issues such as inconsistency in policies, economic instability and manpower development to make progress in the new knowledge economy.

The experts, who gathered in Enugu last week for the NCS national conference, also said that without stable polity and society, there will be no stable economy and that investments in the IT and other sectors will be threatened.

Speaking at the Conference, Sir Demola Aladekomo, group managing director of Chams Group, said that the use of improved knowledge and facilities that can provide and protect the economy has become vital.

Aladekomo, who chaired the opening session of the Conference and past president of NCS, said that the Society will not give up in highlighting the need for a knowledge based economy, which formed the major topic discussed at the conference.

He said, “The timing of the theme for this year’s conference is apt. Because, before you make development, you must build the society.

The theme of this year’s conference was: “Building a Knowledge-Based Economy in Nigeria: The Role of Information Technology”.

According to him, a knowledge based security system, (smart) roads accompanied close circuit televisions, among others will help stabilize the security in the environment, while helping the economy achieve greater results.

“I do not see any reason Nigeria will not gain in the current IT revolution having lost in the industrial revolution era. We see it in our children, especially incubators who have proven themselves at angel networks- hubs, providing operational networks,” he said.

Also speaking, Chris Uwaje, past president of the Institute of Software Practitioner of Nigeria (ISPON), said that the Institute views Nigeria as on the threshold of IT transformation following the prevalence nature of broadband and its price on downward trends.

“Indeed, the theme goes a long way to amplify what NCS has been pointing at for years. To take it further, ISPON stands that intellectual property and knowledge-based economy cannot be done without.

“Against that backdrop, broadband is a key factor in achieving all this as we expect it happen soon,” he noted.

 On his part, Mr Peter Jack, director general, National Information Technology Development Agency (NITDA), said that the country has all it takes to achieve a knowledge-based economy, however, all industry stakeholders should rally round the government, supporting her policies and contribute meaningful to towards the drive.

The DG who spoke through Mr Inye Kemabonta, a director at the Agency, said that NITDA has various prgrammes capable of launching the nation in comity of knowledge-based economy, provided industrial stakeholders’ supports are not lacking.

He said, “If we are talking about building a knowledge based economy, it goes beyond codes, but companies, local content, skills developments and sustainable institutions. Through programmes like iDEA (Information Technology Developers Entrepreneurship Accelerator), NITDA has succeeded in making Tinapa in Cross River State tech savvy area. We have a replica in Yaba, Lagos State and other centres on the way. NITDA needs industrial support to achieve even more.

He urges members on improved support for NITDA which is regarded as the voice of the industry in Government sphere.

Earlier, Professor David Adewumi, president of NCS said that the Society will not relent in efforts to sensitize stakeholders on the need to start embracing individual and organizational responsibility for technological growth that creates a better, brighter future for the nation.

He said that, dropping the prevailing analogue mentality in leadership starts with the mainstreaming of technology into all vital practices and programs, adding that a sincere embrace of those driving the society and economy is required.

“The nation fails when it fails to recognize those creating jobs faster and playing critical roles in the developing Nigeria’s knowledge economy.

“NCS therefore is using this medium to call for better and more strategic engagement with Nigerian IT professionals,” he said.

Adewumi also said that there is certainly a serious need for adequate representation of Nigerian IT professionals in decision and policy making in governance and critical sectors, while stressing that the knowledge economy in Nigeria is a joke without a strong technology sector.

 


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E-Business

NITDA DG Reaffirms FG Commitment to Responsible and Inclusive AI

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The Federal Government of Nigeria has reaffirmed its commitment to building a responsible, inclusive, and sovereign artificial intelligence ecosystem to enable Nigeria to transition from being a passive consumer of AI technologies to an architect and builder of indigenous AI systems.

This was said by the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi CCIE, while delivering a virtual address at the InnovateAI Conference held in Lagos.

The conference brought together policymakers, technology leaders, innovators, and stakeholders to discuss the future of artificial intelligence and its role in driving Nigeria’s digital economy and national development agenda.

Inuwa outlined Nigeria’s ambition to transition from being a consumer of artificial intelligence technologies to becoming a builder and owner of AI systems that reflect national values and priorities, in line with the National AI Strategy.

“Our goal is not just to use AI, but to architect and build our own AI systems in Nigeria,” he said, stressing that the country must take ownership of its AI future.

He noted that Nigeria’s approach to artificial intelligence extends beyond innovation to include governance, infrastructure, data sovereignty, and policy evolution.

According to him, “Responsible AI is never a finished job; it is an iterative journey. Our policies must evolve as the technology evolves, and we must avoid frozen laws by adopting living policies that adapt over time.”

He cited the implementation of the Digital Economy and E-Governance Bill as a key mechanism for generating insights that will help refine AI regulations and governance frameworks.

Inuwa also highlighted the challenge of data representation in global AI systems, noting that most models are trained on non-African datasets, which often results in bias against local dialects, cultures, and demographics.

“If a model shows bias against a local dialect or demographic, we cannot just patch it. We must reinvest in infrastructure to retrain it with inclusive and representative local datasets,” he stated.

He added that building national AI infrastructure is critical to achieving data sovereignty and ensuring that Nigeria is not merely an end user of foreign AI systems.

He further called for strategic partnerships with global technology companies and hyperscalers to build AI infrastructure in Nigeria while aligning with local values and national priorities.

“The world today is a global village. We need to work with global players, but they must understand our local nuances and help us build the infrastructure to retrain and develop AI models that reflect our context,” he said.

The NITDA Director General explained that adopting a comprehensive AI lifecycle approach, from responsible data collection and governance to deployment and continuous feedback, will enable Nigeria to move from reacting to AI developments to proactively designing indigenous AI systems.

“Without understanding how AI models are trained, how decisions are made, and how models are retrained, it will be difficult to build a responsible and trustworthy AI system,” he warned.

He reaffirmed that the Federal Government is intentional about promoting responsible AI and is working closely with the technology ecosystem to co-design national AI guardrails. He described platforms such as the InnovateAI Conference and other national AI dialogues as critical to shaping Nigeria’s AI future.


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Mutual Benefits Assurance Settles ₦5.9bn Claims in January 2026

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Mutual Benefits Assurance, a leading Nigerian insurance company, has paid a total of ₦5,937,665,353.57 in claims to policyholders in January 2026 alone, underlining its strong financial capacity and unwavering commitment to prompt claims settlement.

Mutual Benefits Assurance Settles ₦5.9bn Claims in January 2026

Mutual Benefits Assurance

A breakdown of the figures shows that ₦3,426,602,834.28 was paid under its General (Non-Life) Insurance portfolio, while ₦2,511,062,519.29 was paid across its Life businesses, including Group Life and Retail Life policies.

The significant payout within a single month reinforces Mutual Benefits’ reputation as a dependable insurer that honors its obligations swiftly and responsibly.

Commenting on the development, Olufemi Asenuga, Managing Director, Mutual Benefits Assurance Plc stated that claims settlement remains the core promise of insurance and the ultimate test of an insurer’s credibility.

“Insurance is built on trust. Our ability to settle over ₦5.9 billion in claims in one month demonstrates not only our financial strength, but also our deep commitment to our policyholders. At Mutual Benefits, we do not just sell policies. We stand by our promises,” he said.

With over three decades of operations, Mutual Benefits has consistently positioned itself as a strong and well-capitalised insurer.

The company operates both Life and General Insurance businesses and remains fully compliant with regulatory capital requirements as stipulated by the National Insurance Commission (NAICOM).

The January payout reflects Mutual Benefit’s robust underwriting standards, prudent risk management practices and efficient claims administration framework.

It also aligns with the company’s broader record of substantial claims settlement in recent years, reinforcing its standing as a trusted brand in the Nigerian insurance industry.

Mutual Benefits employs over 5,000 staff, managed by seasoned management team and an experienced Board of Directors. Industry observers note that prompt claims payment remains one of the most critical differentiators in Nigeria’s competitive insurance landscape.

By consistently settling valid claims without delay, Mutual Benefits continues to strengthen customer confidence, deepen market trust and expand its footprint across retail and corporate segments.

As the company begins 2026 on a strong footing, it reiterates its commitment to innovation, service excellence and delivering value to policyholders and stakeholders alike. Mutual Benefits Assurance focused on its mission to provide reliable risk protection solutions while maintaining the highest standards of professionalism and integrity.


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NITDA Warns Nigerians of Actively Exploited Microsoft Office Vulnerability

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National Information Technology Development Agency (NITDA) has issued an urgent cybersecurity warning about a serious Microsoft Office vulnerability (CVE-2026-21509) that attackers are actively exploiting.

NITDA Warns Nigerians of Actively Exploited Microsoft Office Vulnerability

This advisory, shared through Nigeria’s Computer Emergency Response Team (CERRT.NG), highlights the risks of this flaw and recommends immediate action to protect systems.

Microsoft has released quick security updates to fix this vulnerability, which has a severity score of 7.8, showing it is a serious risk. Attackers have already used it in targeted attacks.

CVE-2026-21509 affects multiple versions of Microsoft Office, including Office 2016, Office 2019, Microsoft 365 Apps, Office 2021, and later versions.

This flaw allows attackers to bypass security features meant to stop harmful Object Linking and Embedding (OLE) controls. OLE is an older Microsoft technology that can be used to embed links or content, but it has often been exploited by malware.

By exploiting this flaw, attackers can create specially designed Office documents.

When a user opens these documents, they can run malicious code or gain further access to the system.

Exploitation requires user interaction, meaning attackers often trick people into opening harmful Word, Excel, or other Office documents. Common methods include using email attachments or files from untrusted sources.

Because Microsoft confirmed that the vulnerability is being actively exploited, they have made emergency security updates available outside their usual schedule. Users and organisations should:

  1. Install the latest Microsoft Office security updates for all affected versions.
  2. Restart Office applications for Office 2021 and later to ensure that the updates take effect.
  3. Use registry-based settings for protection if updates can’t be applied right away.
  4. Follow good cybersecurity practices, like using endpoint protection and filtering emails.

Microsoft’s updates for Office 2021 and newer versions are automatically applied, but need a restart of the applications to be active.


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