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FG Inaugurates Committee on Proposed ICT University of Nigeria

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The Federal Government yesterday in Abuja inaugurated an implementation committee to facilitate the establishment of the proposed Information Communication Technology (ICT) University of Nigeria.

Mr Adebayo Shittu, minister of Communications said the committee, which has former Executive Secretary, NUC, Prof. Julius Okogie as Chairman, has six weeks to produce its report.

Shittu said that the members of the committee were carefully selected comprising men and women who had made their marks in ICT development in the country and pledged the ministry’s support for the assignment.

The minister said that as demand for ICT products and services in the country increased rapidly with the emergence of a digital economy, the demand for ICT skills was expected to also grow exponentially.

He said that there was, therefore, need for capacity of ICT education in Nigeria to be strengthened by people who were well grounded in the field to provide the required skills.

“The linkage between the academia and industry as a result of the establishment of the university will not only lead to constant improvement of the curriculum but also drive innovation through joint research and development programmes.

“Research and development, human capacity building are key focal areas critical for the full development and harnessing of ICT toward fast-tracking socio-economic progress in Nigeria.

“Research and Development propels innovation while human capacity building helps to equip the people with necessary skills and literacy to innovate and use ICT for further development.’’

Shittu said in the past, researches had been carried out without recourse to the relevant industries.

He said that consequently, many outcomes of such researches had remained in the laboratories and not in the industry where they would have been exploited.

“The university will offer variety of programmes aimed at providing specialist knowledge and expertise required for a professional career in the broad field of Information Communication Technology.

“In fields such as Telecommunications, Internet of Things, cyber security, robotic, embedded systems, computer forensics, digital media and entertainment technology.

“The university will also be expected to offer skills development programmes in emerging and transformation technologies such as Cloud Computing and Big Data,’’ the minister said.

Shittu said it was expected that each of the six campuses of the present Digital Bridge Institute (DBI) would be transformed into a centre of technological excellence in specific areas of ICT.

He said that teaching experience in the new university would include a blend of theory, analysis, innovation and hands-on activities such as project-based learning and live industry-led projects.

In his remarks, Okojie said the project was a laudable one, noting that Nigeria was far behind technologically.

He said that there was that need to join the rest of the world to get on board the technological train.

The chairman said that members of the implementation committee were already aware of the challenges of the gap in the digital divide and promised that the report would be delivered shortly.

In his goodwill remark, Mr Yusuf Kazauri, the Director-General of Galaxy Backbone, an agency under the Ministry, said the establishment of the university would herald a new era in the country’s development.

He said that ICT was an important catalyst to attain economic advancement for nations of the world.

“In today’s world, without a good knowledge of ICT, it will be impossible to attain the desired height, especially with Nigeria’s youthful population.’’

Members of the committee were drawn from both the private and public sectors and other stakeholders in the industry.

The university will be the first of its kind in Africa but not the first in the world.

Some of such institutions around the globe include the Multimedia University of Malaysia; IT University of Gutenberg, Sweden; IT University of Copenhagen, Denmark.


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Startups Seek More Access to Capital to Upscale Businesses

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Some emerging Nigerian entrepreneurs have stressed the need for the country to provide more access to capital for them to upscale their businesses in view of the rising economic challenges facing the country.

Speaking at the 2023 Founders Mixers and Award event in Lagos, Publisher and CEO, Business Africa Online (BAO), Ayinuola Alaba said the government should begin to create a mechanism that would provide the needed funds for emerging businesses.

The event tagged, “Celebrating Grit in A Challenging Economy,” was organised according to Alaba to bring founders together to share their experiences while encouraging one another.

He harped that notable startups in the country have continued to pursue growth through grit, hence the government should support them by removing every hurdle confronting them.

According to him, “One way the government can do this is to deliberately remove tax hurdles and give entrepreneurs more access to elusive capitals. We can see how young technological startups are emerging in the country making impacts and at the same solving some of our indigenous problems.

However, the CEO, GAIA Africa, Olatowun Candide-Johnson, said they need investors and are looking for equity because that is what makes it easier for them.


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Bank Empowers over 100 Entrepreneurs with Business Financing Masterclass

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Over 100 young entrepreneurs and traders have benefited from the business financing masterclass programme organised by Pecan Bank and powered by Pecan Trust Microfinance Bank.

The training, which was hosted by the bank’s finance academy in Lagos, saw participants learn about the various funding instruments through an interactive workshop session and expert-led discussions.

The masterclass comes at a time when market conditions are stringent due to economic uncertainty and rising interest rates, making it more difficult for entrepreneurs to raise much needed capital, especially those in the early stages.

Kunle Karounwi, head of Credit at Pecan, said the bank is committed to partnering with entrepreneurs to achieve their dreams, and the business financing master class is a testament to this.

“As a bank, we have always contributed meaningfully to the lives of not only our customers, but also members in our broader community. The moment you walk into our premises or reach out to us, you can be sure of a supportive atmosphere that enables you to achieve your financial and business goals, because above all, we are rooting for you first.

“We believe that this masterclass has provided entrepreneurs with the knowledge and tools they need to secure a more assured path for their businesses”, Karounwi, said.

Karounwi further stated that the Business Financing Master class is one of the many ways Pecan Bank is supporting young entrepreneurs and small businesses in Nigeria. “The bank also offers a variety of financial products and services including business loans, working capital and asset financing products designed to meet the needs of business owners”.

According to him, the success of the Business Financing Master class further establishes Pecan Bank as a key player in driving entrepreneurship and economic growth in Nigeria.

 


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NCAA Lifts Suspension on United Nigeria Airline Aircraft

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The Nigeria Civil Aviation Authority (NCAA) has lifted the suspension placed on the Part G operations specifications of a wet leased Airbus aircraft operated by United Nigeria Airlines.

The agency had last Sunday suspended the airline’s Airbus following after it temporarily diverted its flight NUA 0504 headed for Abuja to Asaba.

In a letter signed by the NCAA’s Director of Licensing and training, Captain I.B Danbazzau and addressed to the Managing Director of the airline, the agency outlined the outcome of its investigation and made recommendations.

It then stated that the suspension has been lifted and the airline is required to comply with the Nigeria Civil Aviation All Operators letter (DG 15/2023) referenced NCAA/DGCA/AIR/11/16/347.


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