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Foreign Investors, Key Partners to Actualizing FG’s Local Content in ICT- Faulkner

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Ernest Oladipo Faulkner,  Country General Manager, IBM Nigeria
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Oladipo Faulkner, country general manager for IBM Nigeria, has called for improved collaboration between the government, the local ICT industry and the foreign partners, as a critical step to actualizing robust local content development.

Faulkner made the remark in an interview with Nigeria CommunicationsWeek on the sidelines of the recent eNigeria held by the National Information Technology Development Agency (NITDA) in Abuja, stating that globalization entails that nations depend on each other to harness its ICT potentials.

Faulkner was recently appointed to lead IBM’s overall business in Nigeria with a focus on deploying the company’s advanced technology capabilities in cognitive, cloud computing, big data and analytics, mobile and security to solve current and future needs of institutions in key economic sectors across the country.

Faulkner will also provide leadership for IBM’s relationships and corporate social initiatives in the civil Society, ICT, and academic communities.

Faulkner is currently IBM’s Global Business Services Lead for Central and West Africa. Prior to joining IBM in 2013, Faulkner spent 13 years working with Accenture Nigeria, a consulting firm, rising to become a Director. He holds a bachelor’s degree in Mechanical Engineering from the University of Lagos and an Advanced Management Program certificate from Institute de Empressa (IE) in Madrid, Spain.

IBM operates in over 170 countries. Some of the myriad of IBM’s inventions include the automated teller machine (ATM), the floppy disk, and the hard disk drive. He spoke to peter oluka.

IBM’s Contributions Towards Achieving Growth Via ICT Development in Nigeria
Our point of view in IBM is that technology is a tool for business management and economic development. From that perspective, we fully understand that whatever solution or technology we put out in the market is used to enable businesses and unlock the economy.
What are we doing specifically in IBM? Well, two key fronts: First, we have a world class innovation centre in Nigeria operating as a platform for incubating ideas, developing new concepts/ideas. Secondly, the enablement we do, which is not just about businesses but cuts across board.
 Every quarter we conduct training for people and other stakeholders such as our partners, clients, the academia, inundating them on specific technology advancements and domains so they become better skilled to using these technologies.
We also conduct trainings for the Universities in Nigeria, impacting the local communities as well. Recently, we carried out a corporate social responsibility project in Ogun State, specifically how technology can assist the government become more efficient in their projects. We are connected to this market as a Company. Watson, our intelligent system was introduced, aside America, first in Africa. When our Global CEO was in Africa in 2014, she announced that Watson will be deployed in two key areas: cervical cancer treatment and education.
We believe that if the people are empowered with the necessary skills they can become their own entrepreneurs, or use the skills to help the businesses they find themselves.
In today’s world, and Africa is not left behind, we believe that with cloud platforms and other software running on them, we can introduce other solutions that can become globally available for segmented market, especially for those that could not afford the tools in the first place.

Government Needs to Embrace Foreign Investors
I think we should not continue looking certain issues in one direction. Take IBM for instance, we have over 150 employees (locally). IBM is here (Nigeria) as s solution provider.
Though, every foreign Company is here for profit-making however they contribute towards the growth of the local environment. Let’s take for instance, the local content guidelines.
As a company we are in full support of the policy. Where the issue may arise is in speeding up the execution or those laws. For us, we are abiding by the laws set before us and in full support of the Government

Developing Plan for Industrial Growth
The New DG of NITDA has said without mincing words that he intends to transform the Agency from an administrative to a policy organization.
NITDA as an Agency is our regulator and critical for the healthy competition. Once the transformation is achieved there will be a lot changes in approach, ability to executive and improved results.
Yes, we are talking about technology and have seen a lot supports from the executive arm of the Government, but we need to ask the right questions such as what do we need to do, and how. We need a plan that will direct every action of each player in the industry.

Developing an IT Driven Public Service
I think in the last couple of years government has been showing more commitment towards the sector through executive support.
We have seen some different compare to the past. Same time, we have our roles to play by constrictively advising them. There should be improved discussions to drive this sector better.

Leveraging Technology For Ease Of Doing Business
I know the Vice President’s office is working on ease of doing business and from his pronouncements they are serious about that. Recently we had discussions with the Minister on same subject. We are open to make contributions and engage with the authorities on how to actualize that, if we are allowed.

How IBM Helps Businesses Leverage Big Data
When you talk about big data we focus on both structured and unstructured data. I think sometimes we overdo the analyses. I today’s world, using dynamic predictive/analytic tools they pull data from different sources, to give you a view or an outlook. We have the best solutions that can help companies tap into their current structured and unstructured data to come up with informed business decisions.
We are willing to engage as many are willing to do that. At our last business connect event we discussed extensively with stakeholders on the potency of big data in running today’s business.

Cloud Computing: Adoption Rate, And IBM’s Expectations in The Market
First, our global CEO defines IBM as a cognate solutions and cloud platform business. That is differential in the true sense of it; based on our focus and drive. We strongly believe that cloud is the way to go. Cloud is a platform that provides new capabilities and cost saving measures for businesses. As a country, we are slow adopters but not as slow as a lot of people think.
Nigerian companies are already in the cloud; many with cloud infrastructures. A lot of companies have local clouds. So, conversation is: when are going to migrate to the hybrid cloud. As individuals we are in cloud as we go about using iPads, smartphones and other smart devices.
Where you find issues is around financial records, sensitive information and national records. I am glad that the conversations are still on-going and that the government hasn’t come up with a blanket policy on it. As the engagements continue we need to even define data; what element of data is critical. What are the motivating factors that make us use data the way we do? I think when the conversations are finalized before we can have a national policy on where data can reside. That will impact data strategy. We are working on our strategy, though without a local centre yet. But we have centres where we can connect our clients. It is our hope that we have a local hosting centre to also address issues around data governance.

Achievements with Watson In Africa
Watson is key in our engagements with clients. We are at different stages to using Watson help them solves some business problems. That is bank in West Africa we are talking to; another one in Nigeria we are discussing with too. Very soon they will engage Watson. Already, Watson is available for health and education as well as the rest of businesses.

Stepping Up Start-ups Engagements
The drive towards stepping up engagements with start-up was borne out of need to contribute to the development of the economy we found ourselves in; help to improve the quality of lives. We can only do better when the quality of lives gets better.

Recession: How ICT Can Save the Day
When economies slide into recession, it can be a blessing or curse. It is blessing because, for us as a nation, finally our eyes are clear over reliance on just a natural resources which is crude oil. I think we need to review our strategy around what will drive our economy.
It is also a good time for government to play an active role. Government needs to create enabling platforms for stakeholders to rally around and agree on where to head to. There are lots of stakeholder engagement that is going on especially around ease of doing business.


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NITDA DG Calls for Innovation-Led Economic Rebirth @ Kano Startup Weekend

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Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), has called for a fundamental shift in Kano State’s economic strategy, urging stakeholders to embrace innovation, technology and collaboration as the drivers of growth in the 21st century.

Speaking at the Kano Startup Weekend, Inuwa acknowledge Kano’s long-standing reputation as the commercial nerve centre of Northern Nigeria and the wider Sahelian region, noting that its history of trade, enterprise and human capital provides a solid foundation for future growth.

He emphasised that while these strengths powered Kano’s success for centuries, the modern economy now offers even greater opportunities through innovation and technology.

He described innovation as the process of transforming ideas into impactful solutions through commercialization, stressing that when ideas are effectively deployed, they create value, solve societal challenges and generate sustainable economic growth. He noted that Kano’s large market, strategic location and vibrant entrepreneurial culture place it in a strong position to take advantage of innovation-driven opportunities.

According to him, “Innovation is the process of taking an idea from inception to impact. Invention on its own is a cost centre, but when you commercialise an idea, when you turn it into a product or service that solves a real problem and creates value, that is when you begin to drive economic growth and inclusion.”

He noted that the state hosts numerous degree-awarding institutions across federal, state and private ownership, providing a strong base for human capital development. However, he expressed concern that these institutions often operate in isolation from industry, with research outputs rarely translating into commercial or industrial applications.

He explained that innovation does not happen in silos and stressed the need for a strong, interconnected ecosystem that brings together academia, industry, startups, entrepreneurs and government.

According to him, universities should conduct research informed by industry needs, industries should leverage research to improve productivity and competitiveness, and startups should serve as the bridge that converts ideas into market-ready solutions.

He further encouraged entrepreneurs to leverage technology to build businesses that can grow beyond local markets, explaining that innovation-driven enterprises have the power to scale rapidly, create jobs and position Kano competitively at both national and global levels. According to him, digital platforms and emerging technologies now make it easier for startups to reach wider markets and develop solutions that were previously unimaginable.

“You can start your business here in Kano, but your thinking must be global from day one. Technology has removed barriers. With the right skills and platforms, a startup in Kano can build solutions that serve not just Nigeria, but the world,” he noted.

Highlighting NITDA’s ongoing interventions, the Director General outlined the Agency’s commitment to building national innovation capacity through targeted human capital development programmes. He cited the Digital Literacy for All (DL4ALL) initiative, which aims to equip Nigerians across all segments of society with essential digital skills, and the 3 Million Technical Talents (3MTT) programme, designed to produce a pipeline of globally competitive technical professionals in areas such as software development, data analysis and emerging technologies.

He said, “Through DL4ALL, we are ensuring that Nigerians at all levels have the basic digital skills needed to participate in the digital economy, while 3MTT is deliberately building a pipeline of globally competitive technical talents who can drive innovation, create jobs and attract investment.”

He explained that these programmes are key pillars of President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises skills development, innovation, job creation and inclusive economic growth as pathways to national prosperity. According to him, empowering Nigerians with digital and technical skills is essential for building a resilient economy capable of competing in the global digital landscape.

“President Tinubu’s Renewed Hope Agenda is about investing in people, empowering them with relevant skills and creating opportunities for inclusive growth. At NITDA, we are using digital skills and innovation as tools to translate that vision into real economic impact for Nigerians,” he said.

Inuwa urged all stakeholders in Kano to work together to build a functional innovation ecosystem that can unlock the state’s vast potential. He expressed confidence that with the right mindset, strong collaboration and sustained investment in digital skills and innovation, Kano can reclaim its historic leadership role and emerge as a major innovation and entrepreneurship hub in Nigeria and beyond.


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Sterling Bank Renewable Energy Colloquium Urges Stakeholders to Unlock Nigeria’s Clean Energy Potential

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Sterling Bank Limited on Monday convened stakeholders in the renewable energy industry to explore strategies for accelerating Nigeria’s transition to clean energy and boosting economic growth.

Sterling Bank Renewable Energy Colloquium Urges Stakeholders to Unlock Nigeria’s Clean Energy Potential

L-R: Mr. Ayo Ademilua, President, Renewable Energy Association of Nigeria; Dr. Jekwu Ozoemene, Group Executive, The Alternative Bank; Mr. Biodun Ogunleye, The Honourable Commissioner, Lagos State Ministry of Energy and Mineral Resources; Mr. Dele Faseemo, Group Executive, Coprporate and Investment Banking, Sterling Bank; Engr. Bem Samuel Anyangeuor, Representative, Honorable Minister of Power and Mr. Oluwaseyi Okunnuga, Group Head, Renewable Energy & Sustainability Finance, Sterling Bank at the just concluded Renewable Energy Colloquium held in Lagos recently.

The colloquium, themed “Beyond the Grid: Unlocking New Frontiers in Renewable Energy”, was held in Lagos and brought together policymakers, financiers, and industry leaders to deliberate on priority areas for action.

In his opening address, Managing Director and Chief Executive Officer of Sterling Bank, Mr. Abubakar Suleiman, represented by Mr. Dele Faseemo, Group Executive, Corporate and Investment Banking, said the bank would focus on regulation and financing to expand access to energy.

He noted that energy access remained critical to supporting economic growth and achieving Nigeria’s ambition of building a one trillion-dollar economy.

Delivering a keynote address titled “Scaling Electrification in Nigeria: The REA Impact”, Managing Director of the Rural Electrification Agency (REA), Dr. Abba Aliyu, represented by Mr. Abba Hayatudden, said Nigeria required about 26 billion dollars to bridge its energy deficit.

Aliyu explained that the energy transition strategy integrates grid, mini-grid and off-grid technologies to achieve universal, reliable and sustainable energy access while aligning with national development and climate goals.

Minister of Power, Mr. Adebayo Adelabu, represented by Engineer Samuel Ayangeaor, commended Sterling Bank for convening the dialogue.

He said renewable energy and rural electrification were central to the Federal Government’s Renewed Hope Agenda.

“The Ministry of Power has continued to expand electricity access to underserved communities to drive economic growth, foster industrial activity and create jobs across the nation,” Adelabu said.

Lagos State Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye, highlighted the state’s efforts in renewable energy, including the ongoing two-gigawatt grid-scale solar project.

He described it as the most ambitious energy transformation ever undertaken by the state.

Chief Executive Officer of Sterling One Foundation, Mrs. Olapeju Ibekwe, urged participants to move beyond communiqués and act with intention to deliver meaningful impact.

The colloquium featured panel sessions on financing and scaling green energy solutions in Africa, among other discussions.


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Cellulant Taps Freddie Oduro to Lead Enterprise Payments Expansion in Ghana

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Mr. Freddie Oduro, New Country Manager for Ghana.
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Cellulant, a leading Pan-African payments company enabling seamless digital transactions across Africa, has appointed Mr. Freddie Oduro as its new Country Manager for Ghana.

Cellulant Taps Freddie Oduro to Lead Enterprise Payments Expansion in Ghana

Mr. Freddie Oduro, New Country Manager for Ghana.

Freddie’s appointment is a key step in Cellulant’s broader strategy to deepen its presence in priority markets by accelerating the acquisition of in-country enterprise businesses and strengthening its position as the payments partner of choice in Africa.

Freddie brings over a decade of commercial and strategic leadership experience in the telecommunications and financial services sectors, with expertise in  sales, business operations, and market expansion.

In his new role, he will drive merchant acquisition, strengthening partnerships, oversee collections and payout operations, while ensuring strong internal controls and regulatory compliance.

He joins Cellulant from Payaza and previously served as Sales Director at Cellulant, where he helped significantly expand the company’s footprint in Ghana.

Cellulant has been powering payments in Ghana for leading brands in sectors like e-commerce, utilities, oil and gas and retail, helping them offer their customers a wide range of secure digital payment options.

“We are happy to welcome Freddie back to the Cellulant family,” says Richard Gesimba, Chief Revenue Officer at Cellulant. “Ghana remains a critical market for us, with immense potential driven by rising digital payments adoption.

“As we sharpen our focus on in-country enterprise customers, Freddie’s leadership and industry insight make him the ideal person to steer our Ghana operations.”

The appointment comes at a transformative time for the company. Following a strategic shift between late 2023 and early 2024, focused on streamlining operations, doubling down on enterprise payments, and strengthening customer intimacy, Cellulant achieved profitability in 2024 and continues to build on this momentum.

The company now processes close to 4.5 million transactions daily for businesses across Africa, reinforcing its position as a fintech leader.

“I am honoured to return to Cellulant and lead the Ghana team at such a defining moment,” says Freddie, Country Manager for Cellulant Ghana. “Ghana presents a tremendous opportunity.

“We will ramp up our efforts to sign on more local merchants, strengthen our compliance and control frameworks, and introduce innovative solutions like Tingg Edupay, our automated school fee management solution that eliminates reconciliation delays by validating payments in real time and instantly updating student accounts.

“We will build on Cellulant’s strong foundation to deliver real value, reliability, and economic impact.”

Ghana’s digital payments sector continues to grow steadily, supported by increased mobile money usage and a progressive regulatory environment. Between January and October 2025, the value of mobile money transactions hit about GH¢ 3.6 trillion, up sharply from GH¢ 2.37 trillion in the same period of 2024.

Registered mobile money accounts now exceed 79 million, demonstrating strong consumer and business confidence in digital financial services and in turn creating many opportunities for payment innovation.

This leadership appointment underscores Cellulant’s commitment to building a resilient, high-performance organisation geared towards playing a pivotal role in the next era of Africa’s digital economy.

Looking ahead to 2026, Cellulant plans to further enhance the user experience on its payment platform, Tingg, and expand its  footprint across Ghana.


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