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FG Mulls Specialised for Innovators, Science/Tech Ventures

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Dr. Ogbonnaya Onu, minister of Science and Technology
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Dr Ogbonnaya Onu, minister of Science and Technology, has said that the federal government is working toward establishing specialised bank to assist innovators and entrepreneurs in science and technology ventures.

 

The minister said this after listening to presentations by some student inventors and innovators at the ongoing 1st International Workshop on Science Parks and Innovation Eco-system for National Development on Friday at University of Nigeria, Nsukka.

 

He said the delay in the coming on board of the specialised bank was due to the earlier economic recession in the country, noting that the bank should have taken off by now “but we had a challenge of recession and accompanying paucity of funds”.

 

Onu said: “But I believe that with the picking up of the economy and other economic activities now; I believe it would not be long it would be a reality.

 

“Talks were in progress with stakeholders and government partners on the specialised bank project.”

 

Onu said that with the coming on stream of the bank, funding issue for innovations, science and technology ventures, as well as to an extend science researches meant to solve societal challenges, would be taken care of.

 

He said federal government had also made innovations and development in science and technology as the focal point of its Economic Recovery and Growth Plan.

 

He advised young innovators to protect their work through patenting them and jealously guard the secret of their work against intellectual theft.

 

The minister assured UNN that he would be sending heads of parastatal agencies under his ministry to discuss and know how to help the university to develop its science park programme and other technological-driven programmes.

 

He said: “The ministry and its agencies will assist you in various ways to ensure that we build the capacity of young inventors and innovators.

 

“Heads of parastatal agencies under the ministry will be coming down here to discuss with the vice-chancellor on how best to assist you in any aspect of these programmes to create jobs and wealth needed from it.”

 

Onu urged the students not to give-up hope, saying “I see many Bill Gates and other great inventors and innovators among you”.

 

The four-day workshop, which started on February 21, was organised by UNN; Ideon Science Park, Sweden and LundaVision AB, Sweden.

 

It was attended by over 100 lecturers from across Nigerian and African universities, including investors.


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‘Fraudsters Have Cloned my Voice’- Akume

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George Akume, secretary to the Government of the Federation, has raised alarm over the activities of a criminal syndicate allegedly cloning his voice and using it to defraud unsuspecting Nigerians with promises of Federal Government appointments.

‘Fraudsters Have Cloned my Voice’ – Akume

George Akume, SGF

In a statement issued by Yomi Odunuga, his special adviser on Media and Publicity, on Thursday, Akume said the fraudsters have impersonated him in audio calls and text messages, targeting high-profile individuals and soliciting payments ranging from ₦5 million to ₦15 million in exchange for phantom political positions.

“From information available to the office, the fraudsters cloned the voice of the SGF, using it to solicit money in return for federal appointments,” the statement read.

The SGF further revealed that the scammers not only cloned his voice but also spoofed the phone numbers of other high-profile individuals to give credibility to their fraudulent scheme.

“These scammers attach bank account details to messages sent to victims and request them to send their CVs to cloned emails,” Odunuga added.

The statement noted that the fraudsters have been operating through both traditional bank accounts and fintech mobile wallets, complicating efforts to trace the financial trails.

Distancing himself from the illicit scheme, Akume stressed that appointments to Federal Government boards and parastatals are transparent and not for sale under any guise.

The statement noted, “Senator Akume emphasized that the appointment processes for Nigerians into boards and parastatals are transparent and verifiable, urging individuals not to pay any money in expectation of securing a position.”

The Office of the SGF confirmed that it has notified relevant security agencies, urging members of the public to report suspicious calls or messages to law enforcement.

“The Office of the SGF strongly advises Nigerians to report the activities of these fraudulent people to the authorities while taking all precautionary steps necessary to avoid being victims of th


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Olukoyede, EFCC Chair Denies Forcing Ojulari to Resign as NNPC Boss

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Ola Olukoyede, executive chairman, Economic and Financial Crimes Commission (EFCC),  has denied claims that he compelled Bayo Ojulari, group chief executive officer, Nigerian National Petroleum Company Limited (NNPCL), to step down from his role.

Olukoyede, EFCC Chair Denies Forcing Ojulari to Resign as NNPC Boss

Bayo Ojulari,

The allegations stemmed from an August 2, 2025, online publication which alleged that Olukoyede and Adeola Ajayi, director general, Department of State Services (DSS),  pressured Ojulari into signing a resignation letter during a closed-door meeting in Abuja.

The report also suggested that Ojulari was interrogated over his purported links to Olatimbo Ayinde, British-Nigerian oil mogul, who is reportedly close to key figures in the present administration.

In a follow-up story, the news outlet further claimed Ojulari was later invited to the Presidential Villa, where First Lady Senator Remi Tinubu reportedly opposed his resignation.

Responding to the allegations, Dele Oyewale, spokesman, EFCC<  issued a statement on Wednesday on behalf of the Commission, noting that Olukoyede, through his legal counsel Adeyinka Olumide-Fusika (SAN), described the publications as defamatory and injurious to his integrity.

“The publications and the imputations conveyed by them are so damning and cannot be ignored or treated with levity,” the statement quoted.

Olukoyede denied any suggestion that he was acting at the behest of Ayinde or that his actions were influenced by external political figures.

A letter addressed to the editor of the publication, signed by Olumide-Fusika, reiterated the gravity of the claims and insisted on corrective measures.

“He, therefore, demanded that the medium acknowledge your wrongdoing, expressly admit that what you published and imputed against my client are false, apologise for it unreservedly and retract and pull down the stories from your newspaper website and social media handles,” the statement added.

Olukoyede said the story portrayed him as “someone that has betrayed and subverted public trust by submitting the authority of his public office and trust as Chairman of the EFCC to the dictates and directives of one Olatimbo Ayinde.”

Labelling the report as entirely fabricated, Olukoyede demanded an official apology and complete removal of the story from the outlet’s digital platforms within 48 hours.

 

 

 


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PalmPay Partners FG to Drive Data Protection Awareness

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PalmPay reinforced its commitment to data protection and youth empowerment with a ground-breaking partnership with the Federal Ministry of Youth Development to launch the Youth Data Protection Awareness and Training (YDPAT) Program, which is targeted at equipping over 1,000,000 Nigerian youths digitally over 3 years.

The training program, commissioned last week at the Shehu Musa Yar’ Adua Centre in Abuja, will focus on providing youths with the right knowledge and skills required to navigate the digital landscape safely. With over 70% of the Nigerian population consisting of youths, this is an important move to foster trust, security and youth-focused innovation.

Speaking at the launch, the Honourable Minister of Youth Development, Comrade Ayodele Olawande, commended PalmPay’s partnership in the actualisation of the program and described YDPAT as a bold step toward building a digitally literate and security-conscious generation.

In his words, “This is about building a privacy-first generation, one that is inclusive, future-facing, and globally competitive.” He also emphasised the low awareness of the Nigerian Data Protection Act (NDPA), 2023 and the critical shortage of certified Data Protection Officers (DPOs), despite over 500,000 data controllers operating in the country.

This position was equally supported by PalmPay’s Managing Director, Mr Chika Nwosu, who stated how data protection is as important as innovation in tech. He noted that PalmPay integrates privacy into every stage of its product development, ensuring that user information is safe.

Beyond ensuring data protection, PalmPay is committed to empowering young Nigerians with real opportunities for growth, with mentorship and internship placements for top-performing participants. It has led several youth-oriented initiatives, including the Purple Woman campaign, and Passing the Baton CSR for thousands of youths and women in urban and rural communities.

With a drive to achieve nationwide digital literacy, PalmPay is championing campaigns in Northern Nigeria, with more activations planned across various states.

 


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