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Knowledge Economy Can Improve Nigeria’s Development

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Chukwuemeka Fred Agbata, presenter of Tech Trends on Channels Television
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Knowledge sharing economy is definitely one of the potent ways to improve our current ailing economy.

All that this entails is to start engaging those that have succeeded and established themselves in various fields of endeavor and tap from their wealth of experience. We can then apply these to also achieve success in any area of life.

Knowledge-based economy serves as catalyst for individuals, governments, private and public organizations, to engage in accessing and asking relevant and important questions most pressing to them and getting answers in real-time to assist them in making better decisions that will enhance more productivity and provide the necessary guidance to achievements and success.

Why Knowledge-Based Economy?
Of note, knowledge-based economy has taken roots in countries such as Britain and Russia in Europe; America in the American continent as well as Singapore, Japan, China, India, North, and South Korea in Asia. These powerful economies of the world are distinguished when it comes to knowledge-based economy.

All of these countries have started to reap the benefits, having successfully applied this strategy. They have been able to process convergence, aimed at integrating conventional strategies and leveraging ICT to mass produce and commodify information and their cultures for sale to local and foreign consumers at a profit. These have worked for them, and we should just start kicking off from the fundamentals here in Nigeria.

According to Ogbonnaya Onu, Minister of Science and Technology, it has become clear that nations that desire to develop, modernize her economy and remain competitive, must embrace knowledge, especially scientific and technological knowledge.

Apparently, scholars of various schools of thought agree with several political leaders in recognition of learning as an important instrument necessary to unlock the doors of underdevelopment.

He goes on to posit that the need to move from resource-based economy to knowledge-based economy is needed more than ever before, considering the recent near collapse in crude oil prices that exposed the vulnerability of the Nigerian economy. This has occasioned the important and urgent need for Nigeria to diversify her economy to help her withstand any future shocks arising from the decline in commodity prices in the international market”.

Meanwhile,  If you take a critical look at the concept of globalization, the concentration and conglomeration of mass producing knowledge, you will agree with me that they have taken control of the international market, using mass media such as books, radio, television, newspapers and magazines, digital materials and the Internet to promote international trade and politics.

Knowledge-Based Economy, how do we start?
Nigeria needs to use its oil proceeds to develop other sectors of the economy while also building a knowledge-based economy.

This was the submission of the former Vice- President & Treasurer of the World Bank, Arunma Oteh in an interview with CNBC.

“The reason I am very keen for us to focus on us being a knowledge economy is that I do think that our greatest asset is our people. A knowledge economy has four key elements.

The first pillar is a kind of conducive environment; your institutions, macro-economy, regulatory framework, but the second one focuses on education and skills and it is focused on people.

 The third pillar focuses on innovation which is based on investing in your people and the aspiration to introduce new industries and new ways of doing business. The fourth is leveraging technology.”

Apparently, we can only be citing instances and examples from other countries because we are yet to do what other developed countries are doing.

Studies have shown that the success in the knowledge driven economies of the UK, Singapore and the US have been due in large part to the skilled workforce and human resources.

Virtually across all the sectors of their economy, all of their workers are more highly educated than any other country. In the technology industry, for instance, where everything concerning innovation is happening, the value of a company or its intangible assets resides almost entirely in the knowledge and creativity embodied in its patent and its staff. We can start to heavily invest in our workforce.

More importantly, investing in knowledge, skills and learning for all Nigerians should be a top priority.

With the challenges in the state of our educational system in Nigeria, there is the need to come up with the right policies, so that all its people can have access to high-quality education.

Although, the government had introduced the Universal Compulsory Education (UCE), much more still needs to be done.

It is not an exaggeration to say that the Nigerian educational system had been plagued by issues ranging from perpetual strikes by university lecturers, due in part to the non-regular payment or underpayment of salaries and a lack of adequate funding.

In this regards, a complete overhaul of the higher education system and an acute injection of resources is necessary to ensure that Nigerian universities can produce high quality and well-trained graduates who will be capable of competing with their counterparts around the globe.

The Role of Experts
What should be the responsibility of academics, experts, and professionals in encouraging the knowledge-based economy which we are advocating for?

The truth is that in this information era, millions of people are always seeking the right sources of information to enable them make critical and informed decisions daily. We have seen many websites in developed countries where experts identify themselves and are always ready to render their services to the public sector, private sector, and the government.

Now beaming the searchlight to Nigeria, If, as an expert, you have developed the required proficiency in any field over the years, it is imperative that you start making yourself available on different platforms.  This is a collective responsibility; the experts are essential if Nigeria must adopt the knowledge-based economy.

For instance, we have the Ask an Expert App (www.askanepxert.expert) which is a new initiative, solely focused on enhancing knowledge sharing amongst Africans with a view to driving value-driven productivity starting in Nigeria where all experts in diverse fields could register and conveniently share their insights, knowledge and expertise to discerning members of the general public, the government or private institutions.

This type of platform has been able to successfully combine current successful global technology trends like on-demand and private messaging services as well as micro-blogging and expert network directory to give more value to people via real-time mobile or web live chat sessions.

Just like in other developed countries, it has made it very easy for Nigerians to connect, using technology to start knowledge sharing among communities of novices to experts, experts to experts, people to institutions and breaking geographical boundaries of accessibility nationally to help people solve everyday issues.

Conclusion
Knowledge remains the tool to unlock the impediments associated with underdevelopment. All government agencies and private citizens must seek and promote knowledge. In the same vein, experts in different fields of endeavor must make themselves readily available to support others to also succeed.

CFA is the Founder, www.CFAtech.ng & Co-producer/Presenter,Tech Trends on Channels Television

 

 

 
 


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Study Reveals 83% of Employees Stay Connected to Work During Time Off, Fuelling Digital Anxiety

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A new Kaspersky survey undertaken in the Middle East, Turkiye and Africa (META) region reveals that digital anxiety is becoming a defining feature of modern work culture, as employees don’t disconnect even during their free time and vacations.

According to the findings, 83% of respondents keep an eye on work tasks outside working hours. An overwhelming 85% reply to all work-related messages in instant messaging apps, while the same share (85%) check work emails during their time off – and 81% admit they are responding to work emails while on vacation or in their personal time.

The pressure to remain constantly available is contributing to heightened stress levels in the workplace. Other sources of stress include work issues, for example, 43% experience anxiety after accidentally sending a random message to a work chat.

Interestingly, not all digital mishaps are perceived equally: 40% report that they take it calmly when they send an unfinished email, proving that some mistakes are considered less damaging than others.

Blurred boundaries between professional and personal life, combined with instant communication tools, are intensifying feelings of constant monitoring and fear of making digital errors.

More than a third (36%) of respondents say they feel extremely uncomfortable or even scared if their boss notices them scrolling through social media at work instead of working. The “always-on” culture may undermine employee well-being, increase burnout risks, and reduce overall productivity in the long term.

“Digital anxiety doesn’t just affect employee well-being – it can also increase cybersecurity risks for organisations. When people feel constant pressure to respond immediately to messages and emails, they are more likely to act impulsively, without carefully verifying links, attachments, or sender identities.

This urgency can make employees more vulnerable to phishing, and other scams using social engineering techniques,” comments Brandon Muller, Technical Expert at Kaspersky.

Kaspersky recommends employees to follow the below tips to avoid digital anxiety and associated cyber risks:

  • Slow down before clicking or replying. Digital anxiety can trigger automatic reactions. A short pause to check sender details, URLs, or attachments can prevent security breaches.
  • Treat urgency as a red flag. Cybercriminals often exploit pressure and fear. Always verify unexpected or urgent requests before responding.
  • Avoid handling sensitive information on unsecured networks. Public Wi-Fi, often used when working outside regular hours, increases exposure to cyber threats. Mobile network and VPN should be applied in such cases.
  • Use technologies that will help reduce risks. For example, Kaspersky Premium offers AI-powered anti-phishing features designed to help warn of potential threats.

Businesses can reduce cybersecurity risks related to employees’ digital anxiety by providing regular cybersecurity training that helps staff recognise threats and respond correctly even under stress.

At the same time, organisations should use robust cybersecurity solutions to minimise the impact of human error. Kaspersky Next’s adaptable and robust cloud-native protection, underpinned by an unequalled cybersecurity track record, is one of such products.

Protection solutions for mail servers, such as Kaspersky Security for Mail Server, with anti-phishing capabilities, help to additionally decrease the chance of infection through a phishing email.


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FG Approves Electric Buses for Civil Servants, Pushes Local Auto Growth

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Federal Government of Nigeria has approved the acquisition of electric buses for civil servants as part of efforts to promote cleaner transportation and boost local vehicle manufacturing.

FG Approves Electric Buses for Civil Servants, Pushes Local Auto Growth

The development was disclosed in Abuja by Joseph Osanipin, Director-General of the National Automotive Design and Development Council (NADDC). Osanipin said the buses would be sourced from local assemblers to strengthen domestic production and stimulate growth in Nigeria’s automotive sector.

He stated: “The initiative is aimed at encouraging the transition to cleaner mobility while creating opportunities for local manufacturers.” According to him, the government has also procured charging infrastructure that will be deployed across parts of the country to support the adoption of electric vehicles.

As part of broader efforts to develop the sector, the council is establishing the Nnewi Automotive Development Park in Anambra State. Osanipin explained: “We are developing the Nnewi Automotive Development Park where we will provide the necessary infrastructure so that users of the park can share facilities.”

He added that the shared infrastructure model would enable investors and manufacturers to operate without bearing the full cost of setting up independent facilities. The council is also seeking additional investment to accelerate the development of the park and attract more industry participants.

Osanipin urged Nigerians to support locally assembled vehicles, noting that increased patronage would help create jobs and drive economic growth. He said the council is providing training to manufacturers and stakeholders to enhance local production of vehicle components such as batteries and tyres.

“The move will reduce import dependence, create employment opportunities, and contribute to the country’s Gross Domestic Product,” he said. The NADDC is also working with the Bank of Industry Nigeria to facilitate the disbursement of the National Automotive Development Fund to qualified stakeholders.


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Jumia Reaffirms Commitment to Consumer Trust on World Consumer Rights Day

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As the global community commemorates World Consumer Rights Day, Jumia Nigeria joined industry leaders, regulators, and consumer advocates at the Lagos Marriott Hotel, Ikeja, for a high-level panel session hosted by the Lagos State Consumer Protection Agency (LASCOPA) on Tuesday, March 17, 2026.

Speaking during the session, Peters Afebuame, Group Head of Content and Production at Jumia, highlighted Jumia’s comprehensive approach to protecting consumers from counterfeit or adulterated products on its marketplace, noting that the company has implemented structured checks and technology-driven systems across the entire product lifecycle, from seller onboarding to post-listing monitoring, to safeguard product authenticity.

“Ensuring product authenticity on our platform requires a combination of technology, policy enforcement, and continuous seller engagement,” he stated.

“At Jumia Nigeria, we have implemented a multi-layered process that begins with rigorous seller onboarding and policy agreements, followed by catalogue configuration controls, AI-driven product attribute verification, and the use of global product identification standards. These systems are reinforced by ongoing quality moderation, brand protection mechanisms, and strict enforcement actions, including product and seller delisting, ensuring that customers can shop on our platform with confidence.”

Central to Jumia’s consumer protection framework is a rigorous seller verification process designed to ensure marketplace integrity. Vendors are required to provide proof of legal and regulatory compliance before gaining access to the platform. This vetting process is reinforced by a strict quality control system that monitors products listed on the platform, backed by a zero-tolerance policy toward counterfeit or substandard goods. Non-compliant sellers face penalties and permanent delisting from the marketplace.

Transparency also remains a core priority in helping customers make informed purchasing decisions. Product listings across the platform feature clear specifications, verified descriptions, and detailed images, enabling shoppers to understand exactly what they are purchasing before completing a transaction.

Recognising that digital literacy plays a critical role in online safety, Jumia continues to invest in consumer education initiatives through instructional “how-to” videos, platform guides, and social media campaigns that equip Nigerian shoppers with practical knowledge to navigate online shopping securely and confidently.

To further strengthen transaction security, Jumia leverages its proprietary payment solution, JumiaPay, which provides a secure and encrypted payment infrastructure designed to protect customer financial data. The company also adheres to internationally recognised data protection standards such as the General Data Protection Regulation (GDPR) and local regulatory frameworks established by the Nigeria Data Protection Commission (NDPC), ensuring responsible handling and protection of user information.

Beyond the point of purchase, Jumia reinforces consumer protection through a customer-centric return and refund policy designed to ensure seamless resolution when issues arise. A dedicated customer service team also provides support through multiple channels, including phone and social media, enabling swift response to consumer inquiries and complaints.

As e-commerce continues to expand across Nigeria, Jumia reaffirmed its commitment to building a marketplace that prioritises fairness, transparency, and consumer safety. Through continuous investment in technology, strong policy enforcement, and ongoing consumer engagement, the company aims to strengthen trust and confidence in Nigeria’s growing digital commerce ecosystem.


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