E-Business
Knowledge Economy Can Improve Nigeria’s Development

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
E-Business
Weebly Websites to Shut Down for Nigeria, 66 Other Countries from September

Weebly, US-based free, beginner-friendly, drag-and-drop website builder and eCommerce service, will no longer be available for customers in 67 countries, including Nigeria, after September 2026, according to an email seen by Nigeria CommunicationsWeek.

Weebly said it is “winding down” services in different nations “due to changes in regulation and to simplify our global operations”.
The firm released a timeline of gradual changes, to help existing users access their data before the site shuts down.
Starting June 29, customers of 67 countries were no longer able to publish any new pages.
September 27, 2026: Weebly websites will be unpublished.
Before this date, users should download site content and data. Follow these steps:
Go to Account Settings, click on My Data, and select Download My Data.
This will help you migrate your content to another website provider, or retain it.
Concerned about privacy? Ask Weebly to delete your data, through the Erase Data and Forget Me option under the My Data tab on your account page.
December 26, 2026: Last date of accessing Weebly account.
Until this date, you will have access to the account, although sites will be unpublished.
This period helps users move their site, domains, and data to another service.
Domain names can be moved to another registrar only after 60 days from the registration date.
According to the Weebly website, users must make sure that they do not make changes to your registrant contact information (email, phone number, first/last name), as this will lead to a 60-day registrar lock and prevent you from transferring your domain name.
Note that domain name transfers work differently for country-specific domains; users must contact Weebly’s support team for assistance.
How to unlock, transfer domain name
From your Weebly Dashboard, go to websites, and click on Domains, then select Manage Domain.
Disable registrar lock, get EPP authorisation code, and copy the full code.
Disabling registrar lock will also disable privacy protection. It is important to set privacy protection once again with the new registrar.
Follow the instructions for the newly chosen registrar as the rest of the transfer process will be managed by them
Why is Weebly winding down?
While the firm attributed it to “a change in regulation,” online users have argued that Square, which acquired Weebly in 2018, is pushing its platform ‘Square Online’.
Square is originally a US-based payment processor, and the firm says it has since evolved into the “largest business tech platform”.
It calls Square Online a “free online store” but clarifies that those who do not sell online can also use it to build their websites.
In an earlier support update for the Weebly Website Builder, Square Online was consistently referred to as a better alternative, although at the time, it was said that Square “has no plans to discontinue the Weebly website builder”.
Which countries will Weebly no longer be available in? Albania, Algeria, Andorra, Armenia, Aruba, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbadoa, Belarus, Benin and Bosnia and Herzegovina.
Others are: Cambodia, Cameroon, Chile, Colombia, Congo, Costa Rica, and Côte d’Ivoire.
Also affected are: Ecuador, Egypt, Ethiopia, French Polynesia, Gabon, Georgia, Ghana, Guinea, Iceland, Jordan, Kazakhstan, Kenya, Laos, Malaysia, Mauritius, Moldova, Montenegro, Morocco, Nepal and New Caledonia.
The rest are: Nigeria, Oman, Pakistan, Palau, Paraguay, Peru, Russia, Saudi Arabia, Senegal, Serbia, Sierra Leone, Singapore, South Korea, Suriname, Taiwan, Tajikistan, Tanzania, Thailand, Turkey, Uganda, Ukraine, United Arab Emirates, Uruguay, Uzbekistan, Vietnam, Zambia and Zimbabwe.
E-Business
NOTAP to Commercialise University Research, Expands Patent Drive

National Office for Technology Acquisition and Transfer (NOTAP), has commenced the process of patenting and commercialisation of research works by universities and other research institutions in the country.

Dr. Obiageli Amadiobi, director general of NOTAP
Dr. Obiageli Amadiobi, director general of NOTAP, stated this in Abuja, during an interaction with journalists on her achievements since assuming office.
Speaking on the theme, “Strengthening Indigenous Capacity: NOTAP’s Drive for Technology Transfer, Local Content Development, and Innovative activities,” Amadiobi said the agency had involved both the academia and industry so that researchers can work on topics brought forward for commercialisation purpose.
“My minister is very intentional about this– very intentional about commercialisation of research results, which we have already submitted to him. They are meaningful researches, which we need to commercialise.
“We have established 69 intellectual property technology transfer offices in 69 universities that we are still counting. We have informed the vice chancellors of Nigerian universities to set up such offices and we will come and educate them on intellectual property and technology transfers.
“As we are doing this, we are also taking record of all the researchers of these universities and research centres and documenting them in a compendium.
“So, we have compendiums from the universities to us and we put them in a database. If you will recall, recently, the ministry, our supervising ministry, which is the Federal Ministry of Innovation, Science, and Technology, launched a programme titled Energise Commercialisation. This entirely was for commercialisation of all R&Ds,” she said.
On research Institutions carrying out research on areas of industry needs, she said, “NOTAP is bridging the gap between research and development with industry needs, “it is on our programme called the NITDF, NOTAP Industry Technology Transfer Fellowship. By this programme, we engage the universities and the industries, in what we call the triple helix. We liaise with the universities and the industries to sponsor, the industries will sponsor a Ph.D candidate in a Nigerian university to conduct relevant researches.
“They will provide the topics that they want researches for and such students will research on that with the assistance of the industries, because they wear the shoes, so they know where it pinches them. But usually, there are Ph.D candidates already established. This year alone, we certified about 15 of them to enter into this programme and they have gone into the various universities.
“And we are still looking for people to update some of the projects; the research topics we already have. But we are not getting enough persons to do the researches. So, we are going to do further advertisement to see if other candidates will come up.
E-Business
FG Unveils Digital Postcode System for MDAs

Federal government has launched a drive to standardise operations across all Ministries, Departments, and Agencies (MDAs) through the nationwide adoption of the new National Digital Alphanumeric Postcode System.

Dr Bosun Tijani, minister of Communications, Innovation and Digital Economy, launched the initiative at a high-level stakeholder workshop on Thursday in Abuja.
The conference, themed “Embedding the Nigerian Digital Postcode in Public Service Delivery,” brought together key stakeholders to discuss the adoption of the system across government institutions.
Represented by Nadungu Gagare, permanent secretary of the Ministry, declared that the initiative was a critical pillar for the country’s economic and security framework.
“The Nigerian Digital Postcode represents far more than an improvement to postal services. It is a strategic national asset. Without accurate location intelligence, governments struggle to plan effectively, emergency responders lose valuable time, and financial institutions face verification challenges,” he said.
Tijani said the Alphanumeric digital postcode system was a pathway and a defining moment for Nigeria’s digital transformation under the Renewed Hope Agenda of President Bola Tinubu.
He said an accurate national addressing system would enable government agencies to plan better, improve emergency response, support credible census and elections, expand financial inclusion and ensure citizens were not excluded from essential services because of poor location data.
The Minister commended NIPOST for leading the initiative and urged MDAs and state governments to integrate the system into their operations, stressing that its success would depend on collaboration, interoperability, and nationwide adoption.
Omotola Odeyemi, postmaster general and chief executive officer, Nigerian Postal Service (NIPOST), explained that the digital postcode system creates a “common language of location” for the entire government.
She urged federal and subnational entities to integrate the infrastructure into their daily operations to maximise its value.
“Just as digital identity has helped to establish who a citizen is, this National Digital Postcode helps us to determine where services, opportunities, and interventions should be delivered. Its success will not be measured by the number of postcodes that we generate but by the lives that we improve,” the NIPOST boss explained.
Mrs Didi Esther Walson-Jack, head of the Civil Service of the Federation, represented by Dr Abdul Sule Garba, permanent Secretary of the Service Welfare Office, pledged full administrative backing for the rollout.
She noted that the civil service would be properly equipped to adapt to the data-driven system.
“The operationalisation of the Nigerian digital postcode is a strategic initiative that has the potential to significantly improve public administration, service delivery, and digital governance across the country,” Mrs Walson-Jack added.
The workshop featured live demonstrations and technical panel sessions focused on linking the new digital postcode system directly into national healthcare, social protection, education, and electoral planning.
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