General News
Johnson Toasts Local Developers @ Launch of Students PC Ownership Scheme
Mrs. Omobola Johnson, minister of Communication Technology has paid glowing tributes to Nigerian software developers who developed the technology used to power the students PC ownership scheme.
She informed participants at the launch that the group demonstrated that Nigerians can develop a viable and vibrant local software industry catering to the nation’s domestic needs but exportable to other markets.
The students PC ownership scheme with the theme “promoting increased access and utilization of ICTs in education” was launched in conjunction with National Information Technology Development Agency (Nitda) in Abuja last week.
Johnson disclosed that the Scheme is a collaborative and mutually beneficial effort between PC assemblers, universities, banks, global technology companies and telecoms companies that has required many months of conceptualising and fine tuning.
‘’This initiative is entirely technology driven and contributes to the growing number of ecommerce initiatives that will move us to the desired digital, diversified, productive and efficient economy’’ she said
She decried the low PC penetration in Nigeria which is ranked the lowest in Africa and noted that, the affordability and availability of the devices and the slow pace by which ICTs were being adopted for teaching and learning in secondary and tertiary institutions was partly responsible for the low PC penetration in the country.
The minister emphasised that the initiative is in line with two of the mandates of the Ministry of Communication Technology- first, to promote the utilization of ICTs in all sphere of life-with education as a priority, and the second to promote and facilitate the development of the ICT industry.
She stated that, the whole world of knowledge and learning was to be found on the internet and effort should be made to ensure that young students have unfettered access to this world so they can participate meaningfully in the knowledge society.
Johnson stressed that being connected to electronic libraries, having access to world class research material, being connected to a network of students and research institutions means that students can also participate as not only consumers of all of this content but also creators of the content through the productivity and efficiency benefits of having their own device.
Johnson noted that government in this scheme has moved from the role of the contracting entity to the enabling entity through the efforts of NITDA and the Ministry in conceptualising the scheme and being the ‘honest broker’ that brought all the parties together.
Speaking earlier in his welcoming speech, Prof.Cleopas O. Angaye, director-general of National Information Technology Development Agency said that the student personal computer ownership scheme was born out of the dire need to increase PC penetration among the students of higher learning especially in Nigerian Universities.
Angaye, noted that it was means of challenging licensed OEMs to boost their productive capacities which would eventually have a multiplier effect in terms of job creation, poverty reduction and increase their market share in the Global competitive economy.
He enumerated some of the unique strategy adopted for the student PC ownership scheme to include: ensuring sustainability. Continued and increased access; partners with tertiary institutions’; and the student’s scheme is self funding.
He solicited for collaboration and partnership with any of the stakeholders to ensure the sustenance of the scheme.
Federal Competition and Consumer Protection Commission (FCCPC) has warned Lagos traders against enforcing the unlawful “no return, no refund” policy, declaring it illegal under the Federal Competition and Consumer Protection Act (FCCPA) 2018.
FCCPC
Dr Olubunmi Otti, FCCPC Southwest Zonal Coordinator, issued the directive during the inauguration of new executives of the Phone and Allied Products Dealers Association (PAPDA) on Wednesday, stressing consumer education as the strongest defence against market exploitation.
“There is no such thing as ‘no return, no refund’. If a product does not fulfil its intended purpose, the consumer has the right to return it,” Otti declared, adding the commission mediates complaints for refunds, replacements, or exchanges.
Non-compliant businesses face fines, product withdrawals, seizures, prosecutions, or shutdowns. Otti noted thousands of monthly complaints via the FCCPC portal in the Southwest alone, with sensitisation expanding to Alaba Market and Trade Fair Complex.
She urged consumers: “When your rights are violated, do not just say, ‘You give it to God.’ Bring your complaints to the FCCPC. The law empowers us to protect you,” while calling for traders’ collective responsibility to ensure quality products and services.
African Development Bank Group (AfDB) has approved a €6.5 million investment in the Saviu II venture capital fund to boost technology start-ups across Francophone West and Central Africa.
The Bank Group will contribute €4.5 million as equity investment and an additional €2 million as a first-loss hedging tranche on behalf of the European Commission under the Boost Africa Programme.
The investment is expected to strengthen early-stage financing for innovative businesses with strong technological and digital components, particularly in French-speaking countries.
Saviu II, the second investment vehicle managed by Saviu Partners, plans to invest between €500,000 and €3 million in about 20 seed-stage or early institutional fundraising start-ups. The fund will primarily target B2B technology-oriented companies with scalable models.
At least 60 per cent of the fund’s commitments will focus on French-speaking countries in West and Central Africa, including Côte d’Ivoire, Cameroon, Benin, Senegal, Togo, Burkina Faso and Mali.
The fund may also co-invest in promising East African technology firms seeking expansion into Francophone markets.
In addition, Saviu II will dedicate a special funding envelope for pre-seed investments, mainly through minority equity stakes, often in collaboration with incubators, venture studios and other ecosystem partners.
Industry observers say the AfDB’s backing is expected to de-risk early-stage investment and crowd in more private capital into Africa’s growing digital economy.
Saviu Partners previously launched Saviu I in 2018 with a capitalization of €10 million.
The first fund invested in 12 start-ups, mainly based in French-speaking West Africa, offering not just funding but hands-on support in business development, recruitment, international expansion and fundraising.
Nigerian Electricity Regulatory Commission (NERC) has ruled in favor of electricity consumers, directing distribution companies (DisCos) to refund ₦20.33 billion in outstanding costs for meters bought under the Meter Asset Provider (MAP) framework.
NERC
Signed on February 27, 2026, by Musiliu Oseni, chairman,NERC and Dafe Akpeneye, commissioner Order No. NERC/2026/025 amends a 2023 directive.
It requires DisCos to disburse the funds via energy credits over 12 months starting March 1, 2026, addressing years of slow refunds.
As of December 31, 2025, DisCos owed this amount due to delays in reimbursing prepaid customers who funded their own meters.
DisCos must automate credits for the full MAP meter cost upon activation, disbursed monthly over 120 months based on the customer’s tariff—credits cannot offset legacy debts.
Prepaid customers will receive a monthly token by the 4th day equivalent to the reimbursement value; for arrears, they’ll get two tokens per month.
Postpaid customers will see a distinct credit line on bills subtracted from totals, with two line items monthly for arrears.
NERC mandates monthly reports on reimbursement values using an approved template, plus dedicated email channels for complaints with resolution status included.
The order aims to end delays, improve notifications, and boost sector trust. DisCos must accelerate arrears recovery over 12 months without further excuses.
This follows NERC’s February 2026 compliance review, amid ongoing power sector challenges highlighted by Power Minister Adebayo Adelabu.
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