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Fourth Revolution: It’s Africa’s Time to Shine

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Nkemdilim Begho

It’s 2038 – exactly 20 years from now – imagine an interconnected world where computing is truly pervasive and everything is automated; we are once again enslaved. Just this time there are no visible shackles; our shackles are virtual.

We don’t own our digital infrastructure, we don’t own our data, our developers write code for the rest of the world and foreign investors largely own our digital private sector.

We are at the mercy of the developed world, tied into long-term agreements and deals that favour the providers of capital, a self inflicted digital colonisation.
A scary, yet very possible future for our continent. How did we get here you ask?

When the world was uniquely describing Africa as the last frontier and speaking about the impact of the 4th Industrial Revolution and the advancement of Africa into a truly developed continent, through cutting edge technologies such as mobile, artificial intelligence, big data, blockchain etc., it appeared we were fast asleep, in a deep slumber, oblivious to what was happening around us.

Oblivious to the fact that it was time to take intentional action towards ensuring that we needed to play an active part in this revolution.

We did not realize that he who builds the infrastructure determines its purpose and use, determines its security and engagement protocols but most critical of all – access.

We did not realize that data and technology ownership is the foundation of every digital nation and that both infrastructure and data must be protected with all our might.

The same way we have signed land and resources away to the Chinese in exchange for infrastructure development and funding, instead of looking within and coming up with strategies that will not only develop our nation, but also empower our people, that same way we signed away our technology infrastructure development and intellectual property, leaving the digitalization of our continent in the hands of anyone who could throw buzzwords like artificial intelligence, blockchain, identity management, virtual and augmented reality around and of course the greatest need of all, provide the much needed capital and ideas.

We signed on the dotted lines, took pictures profusely smiling, thinking we had just hit the jackpot, because the deal seemed too good to be true.

My deepest desire for this continent, my continent, is that we act and collectively awaken from the slumber before it’s too late. You may ask why this topic is relevant now, you may say our leaders have much bigger fish to fry and whilst all of this may be true, we must understand what is before us.

A revolution is truly only identified once it has taken root – in retrospect. It’s inception and life is described like it came to being suddenly.

The reality is that the 4th Industrial Revolution is here. It’s happening! We are already late to the party.

Every tech conference I’ve spoken at this year has focused on digitalization and innovation – the corner stones of this revolution.

At the Digital Africa Conference in Abuja last week, there was an interesting panel on the role our history plays in our current technology development.

It was interesting to hear speakers reference the innovations and technologies of the Benin Kingdom and how they were wiped out when the city was invaded and burnt to the ground hundreds of years ago.

I sat and I wondered how we lost our competitive edge and never thought about getting it back. I wondered when we became comfortable with mediocrity, when low standards became the norm. We accept the poor state of our nation; refer to ourselves as a third world country.

We go out cap in hand asking for aid, subsidies and support, albeit the fact that we have all the resources and all the brains to get our nation back on track.

What do we lack then? Is it the vision or is it the drive and motivation to do better, be better? Is it probably a bit of both mixed with self-interest that surmounts the collective good? We must become part of the on-going conversation and re-ignite the spark we once had.

Our journey ahead: I have spoken at 4 international conferences in the first half of this year – Africa and the 4th Industrial Revolution were the focus of all of them.

In the course of the last few months it has become crystal clear to me that the only ones who are not seriously looking at the digitalization of Africa collectively as an opportunity are Africans.

This realization made me very sad, but also made the sense of urgency for transformation of our continent more obvious than ever before. We need a structured plan that we can implement in order to not get left behind.

At the conferences I spoke at, I made recommendations towards this plan, which I would like to share with you – so here I go:

1. Nigeria & Africa need a future proof national / continental strategy that is driven by innovation, technology and digitalization and forms the cornerstone of all economic development plans and policies.

2. Policy Makers need to educate themselves and ensure that they are able to actively engage in the discussions that are currently going on. They must furthermore embrace disruption instead of being afraid of it. Without disruptive technologies we will not be able to survive in the 4th industrial revolution.

3. We need a Ministry of Innovation & Digitalization that drives the 4th Industrial Revolution in Africa and is lead by a young Minister from the tech industry. All technology acquisitions, deals and developments should be vetted by this ministry to ensure complete alignment with the above-mentioned national strategy.

4. Our educational systems need to be reformed – making technology and innovation the cornerstone of learning and not just another subject. Without a skilled digital workforce we will not only depend on the West, but also remain in poverty.

We must use technology to create enabling environments and teach practical skills. Virtual reality offers a huge potential to teaching practical skills without heavy investment in infrastructure / labs or equipment.
Online learning environments and content from both the educational sector and the private sector are key.

Heavy investments in Research and Development facilities are key. We must also ensure that lecturers are fit for purpose.

Any lecturer who cannot produce digital lecture notes should not be teaching or must be up skilled with a matter of urgency.

5. Policy makers must create policies that accelerate the growth of the tech and tech driven economic ecosystem and spur digitalization, not hamper it.

Our aim should be to scale existing tech and tech driven businesses to create more jobs. Part of these policies should focus on tax breaks, elimination of additional charges / unnecessary license fees, establishment of minority bids for Government procurement, provision of infrastructure through tech hubs / innovation centres, support of locally made technology solutions, grants etc.

6. Local Investors need to be encouraged to invest in locally created technologies, tech and driven companies.

They must also be educated on disruptive technologies and the potentials in order to ensure that local Investors revise their investment strategy in line with the above-mentioned national strategy.

7. Government must engage the local tech ecosystem and hand in hand create a digitalization plan that is sustainable and most importantly future proof. Intimate Private – Public – Partnerships will be required to leapfrog our nation into the future.

8. We must set up Think tanks and research groups that study and research new cutting edge technologies and see how we can localise them, align them with our own cultural values and seamlessly integrate them into our society.

Nigeria and Africa must exploit the comparative advantage of her Diaspora Tech Knowledge resources as a fundamental strategy and imperative to accomplish the accelerated and sustainable delivery of the promise of the 4th Industrial revolution and global competitiveness.

9. We must find ways of leveraging existing technologies in unconventional and innovative ways in both the public and private sector.

10. We must ensure women and youth inclusive policies are made to ensure that women and youth exploit and fully embrace technology and the opportunities it brings.

I strongly believe that Africa with a well articulated path to digitalization and focused implementation and engagement that sees traction over the next 20 years will lead to a continent vastly different to what we currently envision with the contribution of all sectors (agriculture, mining etc).

A truly first world is possible.  Let’s not get left behind! The success of this continent lies with our generation.
By Mrs. Nkemdilim Begho (Founder/CEO Future Software Resources.)

 


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How Fraudsters Emptied a Judge’s Account of N7.2 Million in Midnight Attack

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Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), has disclosed that the commission recovered more than N7.2 million stolen from the bank account of a serving judge by suspected internet fraudsters in a midnight cyberattack.

How Yahoo Boys Emptied a Judge's Account of ₦7.2 Million in Midnight Attack

Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC).

Olukoyede made the disclosure at the public presentation of two books authored by retired High Court judge, Justice Alaba Omolaye-Ajileye.

He said the serving judge, who is from a South-South state, contacted him around 1:00 a.m. after receiving multiple debit alerts indicating that funds had been withdrawn from her account.

According to him, the stolen money represented savings the judge had accumulated over six years to finance her child’s education.

Olukoyede said the EFCC immediately swung into action and successfully recovered the entire sum before 6:00 p.m. on the same day.

He said the incident underscored the increasing sophistication of cybercriminals and the urgent need for stronger collaboration among law enforcement agencies, the judiciary and members of the public in tackling financial crimes.

The EFCC chairman also called for amendments to Nigeria’s legal framework to accommodate the use of artificial intelligence (AI) in criminal investigations and prosecutions.

According to him, existing evidence laws should be reviewed to recognise AI-generated evidence as technology continues to reshape crime detection and investigation.

Also speaking at the event, former Attorney-General of the Federation and Minister of Justice, Chief Kanu Agabi (SAN), urged anti-corruption agencies to intensify efforts to trace and recover public funds allegedly stolen and stashed in foreign countries.

Agabi stressed the need for sustained collaboration among relevant institutions to strengthen Nigeria’s anti-corruption efforts and improve accountability in public service.

In his remarks, a former President of the Nigerian Bar Association (NBA), Chief Wole Olanipekun (SAN), called for stricter enforcement of the country’s cybercrime laws to curb the growing menace of internet fraud.

Olanipekun said effective implementation of existing laws, alongside stronger institutional cooperation, would help address the increasing threat posed by cybercriminals to individuals and the nation’s financial system.


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FG Clears N39Bn Pension Arrears for NITEL, PHCN, Other Retirees

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Federal Government has cleared nearly N39 billion in outstanding pension liabilities owed to retirees under the Defined Benefit Scheme (DBS), including former employees of the defunct Nigerian Telecommunications Limited (NITEL), Mobile Telecommunications Limited (MTEL), the Power Holding Company of Nigeria (PHCN) and other federal government agencies.

FG Clears ₦39bn Pension Arrears for NITEL, PHCN, Other Retirees

The Pension Transitional Arrangement Directorate (PTAD) disclosed this in a statement, saying the payments were in line with President Bola Tinubu’s Renewed Hope Agenda, which prioritises the settlement of inherited pension liabilities and improved welfare for retired public servants.

According to the directorate, the largest component of the payment, amounting to N25 billion, covered about 35 months of outstanding pension arrears owed to nearly 10,000 eligible retirees of the defunct NITEL and MTEL.

PTAD also said it disbursed about N9.5 billion as the first tranche of Back End Computation (BEC) arrears to eligible pensioners of the defunct Power Holding Company of Nigeria.

The Executive Secretary of PTAD, Mrs Tolulope Odunaiya, described the payments as a significant milestone in the Federal Government’s efforts to clear inherited pension obligations and strengthen confidence in the Defined Benefit Scheme.

Odunaiya said the settlement was made possible following presidential approval granted in 2025 and funding provided under the 2026 Appropriation Act.

She noted that the intervention had enabled the directorate to resolve long-standing pension liabilities affecting thousands of retirees.

“The successful settlement reflects the Federal Government’s commitment to sustaining pension reforms and ensuring that retirees receive their entitlements promptly in line with the objectives of the Renewed Hope Agenda,” she said.

Odunaiya thanked the affected pensioners for their patience while the liabilities remained outstanding and reaffirmed PTAD’s commitment to transparent, efficient and pensioner-focused service delivery.

She added that the directorate would continue to work towards improving pension administration and ensuring timely payment of retirees’ benefits.


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Court Declares Keystone Bank Staff Wanted over Alleged N35m Fraud

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A Federal High Court, Lagos has declared Mrs. Ebele Okpala, a female banker with Keystone Bank, wanted over alleged N35 million fraud.

Court Declares Keystone Bank Staff Wanted over Alleged N35m Fraud

Apart from declaring the banker who is said to be outside the country wanted, Justice deinde Dipeolu, trial judge in the matter, also directed the Department of State Security (DSS), Nigerian Immigration Service (NIS), and Nigeria Customs Service (NCS), to arrest her upon arriving the country.

Justice Dipeolu made the above order while granting a motion ex-parte marked FHC/L/530C/2024, filed and moved by M. Bello, on behalf of the Nigeria Police.

In the motion, Ebele Okpala and one Perpetual Onyeto, also a banker were listed as first and second defendants/respondents in the suit, while DSS, NIS and NCS were listed as cited parties/respondents.

In urging the court to make the above orders, Bello, informed the court that the application was pursuant to several sections of the Administration of Criminal Justice Act (ACJA) 2015, and under the court’s inherent jurisdiction. Adding that the application was supported by an affidavit deposed to by Inspector Tope Akerele of the Force Criminal Investigation Department (FCID), Special Fraud Unit (SFU), Ikoyi, Lagos.

In granting the application, Justice Dipeolu held, “After considering the application and the supporting affidavit, the request had merit and granted all the reliefs sought by the prosecution.

“That an order is hereby made that the 1st defendant/despondent be declared wanted and placed on the wanted list of the Nigeria Police Special Fraud Unit, 13, Milverton Road, Ikoyi, Lagos until she is arrested.

“That an order is hereby made compelling cited parties/respondents to assist in apprehending 1st defendant/Respondent once he enters into the country.

“That an order is hereby made permitting the Publication of the name of the 1st defendant/despondent in the National Daily Newspapers and Social Media handles by the Nigeria Police Special Fraud Unity Ikoyi, Lagos for the purpose of fulfilling the requirement of the Order 1 above.”

Recall that both the wanted banker and the second defendant/respondent were previously arraigned before the court by the operatives of the police Special Fraud Unit, PSFU.

Specifically, the two bankers were arraigned before the court sometimes in September 2024, on alleged conspir­acy, theft, money laundering, fraudulent lift of lien placed on bank’s customer’s account and obtaining the sum of N35 million by false presence.

 


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