General News
Identity Card Scheme Helps in National Planning– Bickersteth

Adesola Bickersteth is the general manager Chams City , a world-class ICT company.
Bickersteth is a seasoned Internet specialist who has distinguished himself professionally in the ICT industry with bias in e-Commerce arena over the past eleven years.
The graduate of Electronics and Electrical Engineering has worked on major international and local projects before joining Chams. He spoke to chike onwuegbuchi and funmi ilesanmi.
Agreement Signed with National Identity Card Scheme
I am sure you will agree with me that in Nigeria, it is so difficult for us to have an accurate number on population.
In order for us to have the actual number on how many people who are truly Nigerians living in Nigeria or abroad; we need to capture that data moving from one local government to state government and of course looking at it from the federal level. In order for us to have the actual number, we need to have an identity. As responsible Nigerians, we owe it to ourselves to carry a national identity card. This will go a long way in avoiding foreigners who claim to be Nigerians defrauding us. It is mandatory for the federal government to ensure that each Nigerian carries a national identity card that we can use to our benefit. This is how the government can plan effectively in terms of providing health services. You know how many people live in a particular local government, you know how much fund to make available to them for the provision of basic amenities, without data it is impossible to plan effectively and that is why we have shortcomings. It is a wonderful thing we are doing and we are grateful to the government for giving us an opportunity to do something that will benefit all Nigerians.
Relevance of National Identity Card
Yes, the national ID card is relevant. The goal here is to synchronize it into a card that will have a multipurpose effect. It is going to be the same for all Nigerians regardless of region.
Capacity to Handle the Contract
I can assure you that our leaders in government did not award us the contract with their eyes closed. They were referred to us when they traveled abroad to source for the machinery to get this done. They were referred to Chams on the ground that we have what they were looking for. The government took the right and appropriate steps to ensure that we have the machinery and capacity to deliver. This was thoroughly investigated before we were awarded the contract.
Benefits of LASG Biometric Card
There are a lot of benefits to it and I am so happy that we have a wonderful governor in the person of Fashola. I guess intelligence is playing out here. He knows the relevance and importance of this and that is why his administration is revenue generation driven by way of us paying our taxes and levies because by doing that you are socially responsible to the community you live in. This is where money is generated from to provide the immediate infrastructure we need. Without data, planning will be done with the eyes closed and this is where we have missed it in time past and I am happy that Chams as a company and Chams City as a business unit are contributing to the success of capturing the data of all Lagosians. We are not restricted to Lagos alone; most states are catching up because they have seen the value in doing this. If I knew that instead of doing a guess work, we have 10 million people living in Lagos, that way we will be able to plan better. We cannot continue to demand and not give back to the state. Our own way of helping is to capture the biometrics of all Lagosians so that the government would have the information to plan adequately. We cannot continue to chase shadows. For example, in Canada, it is mandatory within 10 days to provide your new address to the ministry for them to know that this individual has moved to another neighbourhood so that when allocations are made, they know who gets more and who gets less. It is a crucial information and we have been getting positive responses.
Proof of Biometrics Registration
By capturing that data, it would be very relevant not just to Lagos State but to all states in Nigeria. The information would be stored here and we are going to have backups and everyone would definitely carry a card.
Offering Competitive Training
We believe strongly in giving back to the society. Aside that, in everything we do, we put our trust in God because what we do is highly sensitive. You need the fear of God to be consistent and effective in delivering. We did our feasibility study and we know how much the cheapest IT training costs. Instead of going out there to pay N10,500 for the cheapest IT training, we charge N5,000 for any e-learning course. The only requirement for anyone to use our facility is to be registered and enrolled by way of biometrics because you are coming into an environment where we have secured information; therefore, we need to capture who you are and store it. You will be required for the first time to pay N4,500 for one month access depending on your course duration. In comparism to how much is paid outside, it is very cheap. At the moment we have 850 professional courses that we offer online at the convenience of your home. If you want to come into our facility, you can be rest assured of electricity 24/7. We provide an environment conducive for people to learn and at an affordable rate. We live in the real world so we know what it takes.
Outsourcing IVR to Telcos
We do not outsource to telcos, it is an in-house thing. We have different packages that would be affordable to all, no matter how small the business is. Instead of employing physical bodies which would be more expensive, the smallest business owner can afford to have an IVR service. We reach out to a lot of people. We have different options in our call centres, companies can either bring in bodies or train them but we provide them seats. A seat costs N90,000 per month or if you want to supply the individual and everything else that comes with it, it is N150,000 a month. There would be no more excuses why people cannot reach you or if you want certain information relayed to your customers consistently, we would show you what the price structure would look like. It would be of huge benefit to Nigerians in terms of general information about any key place in Nigeria. You do not have to rely on anyone to tell you where to go in case you need something. We have been deprived of access to information for so long. You can get the information whenever you need it because information is power.
Guinness World of Records Awards
The award means a lot. We are the largest digital mall in the whole world. The closest to us is in New York with 670 Pcs in one location. We have 1,000 Pcs in this location, 1,000 at our Abuja location and in the next six months we would have a larger structure than this in McCarthy at Onikan in Lagos. In about a month’s time, we would have another location in Abuja and the plan for 2010 is to have additional seven locations across Nigeria. Hopefully, in the next three years, we would be present in all key states in Nigeria because we are universal. What the award has done for us is to ensure that we always put the right foot forward and we are always thinking ahead. That is why as part of our slogan, innovation in the future tense, that is continuous innovation. It is about trust in God, hardwork, dedication, creativity, the total package is endless.
Expansion Policy
It is the law of demand and supply. We have seen the need in Lagos and Abuja. We are working very hard to come up with structures in Benin, Enugu, Port Harcourt, Ibadan and Kano. It might not be as big as what we have in Lagos but it is definitely coming. We do not want to take on too many projects all at the same time. We refocus our energy because we have seen the demand for it. A lot of money is involved in the project and we are being proactive in the steps we are taking but you can be rest assured that Nigerians will feel us all over the country.
Use of Biometrics to Solve Fraud Problems
Biometrics is all about capturing fingerprints and no two people have the same DNA. It is unique to each individual unless someone cuts off someone else’s thumb and puts it there. Before they could even achieve that, I am sure the bank must have been notified. For extra protection of our individual identity in banks, biometrics is the answer.
Level of Discussion with Banks
I do know that banks have come up with a chip and pin card which is a better technology that can be effectively managed to prevent fraud. Already, banks are taking steps but ours would be an added value. We are doing everything we can to support the banks and we are indirectly supporting Nigerians to ensure we are secured from ATM fraud. We have a responsibility as individuals to ensure that our pin is not written anywhere but in our brain. We owe it to ourselves to be security conscious.
Services Offered by Chams
Chams City is a growing nationwide network of world class digital facilities that can be used by government agencies, institutions, organizations and service providers as well as individuals to enhance their operations, business activities and electronic transactions. Also, Chams City has the world record for the largest number of Pcs in one digital facility and has been certified by the Guinness Book of World Records. Chams City offers 1,000 fully network Pcs in a location that enables processing and activation of a wide range of transactions simultaneously. Until Chams City, the world’s largest digital mall in New York offered not more than 670 Pcs.
In terms of facility users, agencies become merchants on our platform and use our facilities to conduct their businesses, they go out there, source for the business, come in here and we provide the facilities not the service. A lot of people make the mistake of referring to Chams as a service provider but we do not provide service because we do not want to compete with our clients.
We also have training rooms, call centre with IVR (Interactive Voice Response) capability, test centres, virtual offices and conference rooms. We have different rooms, different centres within the facility itself for business owners and individuals to come in and conduct their businesses.
We provide unrivalled high level platform for the execution of writing computer based examinations. We have over a thousand fully network large screen computers where prospective employers can test and streamline large number of applications.
General News
FirstCap Acts as Joint Issuing House on Veritasi Homes & Properties Plc’s ₦30 Billion Bond Programme

FirstCap Limited, a premier investment banking business and a wholly owned subsidiary of FirstHoldCo Plc, acted as Joint Issuing House and Placing Agent on the Veritasi Homes & Properties Plc’s Series 1 Bond of ₦10 billion under its ₦30 billion Bond Programme duly registered with the Securities and Exchange Commission (SEC).

The Bond Programme is designed to support the development of Project Oyster Towers, located within Eko Atlantic City. Proceeds from the Series 1 Bond issuance are expected to be applied towards the construction of 30 luxury residential units, forming part of an 82-unit residential development comprising one-bedroom, two-bedroom, and three-bedroom apartments.
Veritasi Homes & Properties Plc is an indigenous real estate development company with operations across Lagos State and the Federal Capital Territory, Abuja, and a growing track record in the delivery of residential real estate projects in Nigeria.
Commenting on the transaction, Ukandu E. Ukandu, Managing Director/Chief Executive Officer of FirstCap Limited, stated:
“We are proud to partner with Veritasi Homes & Properties Plc on this important transaction. The establishment of the ₦30 billion Bond Programme reflects our commitment to mobilising capital for the real estate sector, which remains a key driver of Nigeria’s economic growth. Project Oyster Towers exemplifies the future of luxury and sustainable living in Nigeria, and this transaction reinforces FirstCap’s role as a trusted advisor in major corporate finance initiatives.”
FirstCap’s involvement in the Bond Programme further reinforces our dedication to supporting the growth of the Nigeria’s real estate sector. The successful execution of this transaction highlights the depth of expertise within our capital markets team and our role in supporting issuers in accessing long-term funding solutions aligned with their strategic objectives.
By continuing to connect capital providers with high-impact infrastructure projects such as Project Oyster Towers, we remain committed to driving economic development and delivering long-term value for all stakeholders, Ukandu added.
General News
NITDA DG Calls for Innovation-Led Economic Rebirth @ Kano Startup Weekend

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

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.

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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