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Lagos Lauds SAP, Tips Africa Code Week to Bridge Digital Skills Gap
The Lagos State Government has identified ‘Africa Code Week’ (ACW), a continent-wide initiative to spark the interest of African children, teenagers and young adults in software coding, as a digitally revolutionary approach to get the youths acquainted with the required skills set to face future workplace/ technological developments.
Spearheaded by SAP as part of its social investments to drive sustainable growth in Africa, Africa Code Week (ACW) is the story of hundreds of schools, teachers, ministers, community centres, code clubs, NGOs, businesses and non-profits getting together to give birth to the largest digital literacy initiative ever organized on the African continent.
Speaking at the week-long AfricaCodeWeek 2016 in Lagos, Mr. Femi Odubiyi, Commissioner, Lagos State Ministry of Science and Technology, said that with SAP’s long-term goal through ACW, to empower over 200,000 teachers and positively impacting the lives of five million children and youth within the next 10 years, the programme is appropriate and critical to the State’s plan to empower the youths.
Odubiyi said, “One of the things that drive this government is the action to grow and empower our youths. One of the areas through which we can articulate that, is through the information and communication technologies (ICTs). We are in the era of digital revolution. This government wants to ensure that we do not miss out of that revolution; we want to empower our future leaders who are the youths of today.
“We want to help them to develop their creativity and be able to think out of the box. Today they are using coding tools; tomorrow they will be empowered to do more than that, by developing programs on e-health, security apparatuses and so forth. What is been imbedded in them today are skills required for the future.”
In reflecting on the ICT/coding curriculum for Schools in the State, the Commissioner said that ICT is consistently changing the environment; hence the State is moving with the trends. “This is the principal reason the State adopts programmes like Africa Code Week. We want to enhance the capacity of our teachers to be relevant”.
To the participating teachers the Commissioner had the following message: “The teachers are the first beneficiaries; thus, they are being empowered. What they are doing now is to get the required skills to develop the future cognitive thinkers. They are trail blazers who are going to lead the digital revolution in Lagos State”.
Also speaking at the event was Mr. Olu Familusi, head, Business Operations, SAP West Africa, who said that with businesses increasingly digital and globally connected, coding is the new language for individual and economic growth.
With the distinction of being the fastest growing digital consumer market on the planet, Africa continues to quickly embrace new technology and digital trends as estimated. For example, there will be 360 million Smart Phone users in Africa by 2025, there are 100 million African people active on Facebook every month, 40% of African businesses are in the planning stages of a big data project and 31% of all Africans live within 25kms of fibre node.
To this end, Familusi said, “We have to emphasis ‘Digitization, Youth and the Skills Gap in Africa. Today’s millennial generations are truly digital natives. Over the next 25 years, it is estimated that Africa’s working-age population will double to one billion, exceeding that of China and India, with 122 million people to be added to the workforce by 2020. It is also estimated that less than one percent of African children currently leave school with basic coding skills.
“Moving forward, coding skills will almost become like the math and English. That is what we see and we are trying to address same. At this point in time in Africa, less than one percent (less 1%) of school leavers has this skill. So we have this metric around people who are coming on board, huge workforce, but how prepared are they to face the future.”
Africa Code Week (ACW) is aligned with SAP’s skills development program launched in 2013. Investing in IT skills for young people is critical to SAP’s commitment to build sustainable growth in Africa. SAP has launched successful IT skills development programs around the world touching the lives of children and youth at various phases of education from primary to graduate. ACW builds on the success of government driven Code Week across the EU, which SAP strongly supports as a private sector partner.
Speaking on the significance of ACW, Mr. Olajide Ajayi, Nigeria’s Coordinator of Africa Code Week, emphasized that by sparking interest in creative computing through hands-on, playful learning,
Africa Code Week simplifies the face of coding for the young generation.
“When it comes to accessing higher skills development, training thousands of teachers, parents and educators across 30 African countries and providing access to them online with courses beyond the actual event time allows to multiply efforts and impact.”
Even the results recorded in 2015 speak for themselves. The 2015 edition went viral with over 89,000 youth introduced to coding across 17 countries in 10 days only (over 4 times the initial goal of training 20,000).
What makes ACW unique is that, by sparking interest in creative computing through hands-on, playful learning, Africa Code Week simplifies the face of coding for the young generation.
ACW is aimed at spreading digital literacy across the continent and start shaping tomorrow’s skilled workforce for sustainable growth in Africa.
SAP already invests in Skills for Africa, which provides additional business and IT skills to recent university graduates.
ACW reinforces that commitment to graduates while extending it to primary and secondary students, creating a full lifecycle of skills support for young people in Africa.
Xora Finance has announced it will no longer consider job applicants from Nigeria.
Xora Finance is a digital bank founded by Joren Lundgren, in February 2026 and allows users to deposit and earn interest on their XRP cryptocurrency.
Lundgren, founder, in an announcement on X (formerly Twitter), cited an ongoing pattern of misconduct, such as dishonesty and theft, from previous Nigerian hires as the reason for the decision.
This sudden blanket ban came just days after the company’s official career page was aggressively recruiting remote workers for marketing and content roles.
The announcement generated heavy backlash online, with many people upset that a blanket rule punishes honest job seekers.
Some lawyers have said that victims of Ponzi schemes have legal remedies, although recovering lost funds and prosecuting perpetrators remain major challenges.
A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new participants rather than from actual profits.
Operators lure victims by promising high returns with little to no risk.
The scheme inevitably collapses when the flow of new investors slows down.
Some lawyers who spoke to News Agency of Nigeria (NAN) separate interviews with on Sunday, said that victims could pursue civil actions to recover their money.
Mr Chibuikem Opara, a lawyer at Justification Chambers, Ikeja,said many Nigerians continued to fall victim to Ponzi schemes in spite of repeated warnings.
Opara said it was wrong to attribute participation in Ponzi schemes to a lack of investment opportunities, noting that promoters often exploit investors’ greed through promises of unrealistic returns.
“What you cannot take away is the fact that many Nigerians have fallen and continue to fall victim to these schemes every time,” he said.
According to him, victims may individually or collectively institute civil actions against the beneficiary company for breach of contract or refund arising from failure of consideration.
Opara said victims could also unite to seek an order from the Federal High Court to wind up the beneficiary company.
He, however, noted that such efforts might yield little benefit if perpetrators had already siphoned the funds and left behind an empty shell.
The lawyer said available remedies largely depended on the actions of relevant authorities, adding that recipient accounts could be frozen to facilitate fund recovery and support winding-up proceedings.
Opara said regulators and law enforcement agencies often became aware of Ponzi schemes only after substantial losses had occurred.
According to him, victims frequently failed to report suspicious schemes early enough to enable timely intervention.
He added that funds are sometimes moved outside the country before authorities become aware of the fraud.
Opara also cited inadequate information and the deceptive nature of the schemes as major obstacles to investigation and prosecution.
“Most times, everything about the schemes is made to appear elusive, just like the profits promised to victims,” he said.
Also speaking, Mr Vincent Aminu of A.F. Aminu and Co. advised that victims of investment scams should report such cases to appropriate law enforcement agencies on time.
Aminu said victims could petition the Economic and Financial Crimes Commission (EFCC) or file reports with the police.
He said that after investigation, prosecutors could bring charges against suspects under relevant fraud-related laws, including provisions of the Criminal Code and the Advance Fee Fraud and Other Fraud Related Offences Act.
Beyond criminal prosecution, Aminu said .victims could pursue civil actions to recover their money
According to him, such actions may be based on breach of contract, unjust enrichment, or fraudulent misrepresentation, depending on the circumstances.
He added that victims could petition the Securities and Exchange Commission (SEC), which could investigate illegal operators, shut down unauthorised platforms, and freeze assets.
He identified the anonymity of online fraudsters as one of the biggest challenges confronting investigators.
According to him, many operators concealed their identities through fake digital profiles and technologies that made tracking them difficult.
Aminu also noted that victims who delayed taking legal action risked losing opportunities for redress.
He added that prolonged court proceedings often delayed justice for victims.
“Many fraud-related cases take years before the court reaches a verdict, thereby delaying justice for victims,” he said.
Also, Mr Chris Ayiyi of Ayiyi Chambers, Apapa, described Ponzi schemes as a gamble that benefited early participants at the expense of later investors.
Ayiyi said some early entrants received returns on their investments, thereby encouraging others to join the schemes.
He said the schemes eventually collapsed, leaving late investors to bear the losses
The lawyer called for a complete ban on Ponzi schemes or sustained public enlightenment campaigns against them.
He urged the National Assembly to enact laws that would strengthen regulation and provide greater protection for investors.
According to him, stronger legal safeguards are necessary in a country operating a capital-based economy.
PalmPay Group (“PalmPay”), a multinational fintech company providing digital financial services across high-growth emerging markets, is pleased to appoint Samuel Oluyemi as Chief Operating Officer (“COO”) of its Nigeria practice, effective immediately.
The appointment comes at a pivotal moment for PalmPay as it looks to reach more underserved communities and continuously strengthen the reliability and security of its services. It also comes as Nigeria’s broader financial services sector continues to modernize, bring millions more Nigerians into the formal financial system, and strengthen the cybersecurity and fraud-prevention standards that underpin public confidence in digital payments.
As COO of PalmPay Nigeria, Mr. Oluyemi will oversee PalmPay’s Nigerian operations — where the company provides a full suite of digital financial services to individuals and businesses — and communicate with regulators to ensure the company’s growth happens harmoniously with the country’s financial, digital, and social inclusion goals.
Mr. Oluyemi brings more than two decades of experience at the Nigeria Inter-Bank Settlement System (“NIBSS”). During his tenure as the Business Development Lead, he championed the development of key national payment services — including the Digital Validation of Nigerian International Passport (e-Passport Validation), Electronic Dividend Mandate Management System (“e-DMMS”), and the Electronic Pensions Contribution Collection System (“EPCCOS”) — and played a pivotal role in introducing and driving early adoption of NIBSS Instant Payment (“NIP”), Nigeria’s first online, real-time, inter-bank transfer system in 2011 and its subsequent extension to the Other Financial Institutions (“OFI”) segment of the Nigeria Payments System.
He holds an MSc in Monetary Economics from the University of Ibadan with extensive local and international professional training.
“Samuel joins PalmPay at an important stage in our journey to strengthen the foundations that will support our long-term goal of driving financial inclusion,” said Chika Nwosu, Managing Director of PalmPay Nigeria. “His extensive experience makes him well positioned to help us scale sustainably while maintaining the operational discipline, governance and customer-first culture that define PalmPay.”
“PalmPay has established itself as one of the most impactful fintech companies in emerging markets by making financial services more accessible and affordable for millions of people,” said Mr. Oluyemi.
“I am excited to join the company and look forward to working alongside an exceptional team to strengthen operational excellence and support PalmPay’s vision of building a leading digital financial services platform. Together, we will continue delivering secure, reliable, and customer-focused financial solutions while contributing to the continued evolution of Nigeria’s digital financial ecosystem.”
As Nigeria’s digital financial services sector continues to mature, this appointment reflects a broader commitment guiding PalmPay across all markets it serves: building financial services that are secure, reliable, and effective enough to earn a permanent place in people’s everyday lives.
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