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Lai, IIM Push For Proper Information Management, E-Governance
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Alhaji Lai Mohammed, minister of Information and Culture, has highlighted the obvious need for concerted actions of stakeholders in information management sphere to improve data management, enhance the quality, improve quality of decisions and ultimately yield outcomes beneficial to citizens.
The Minister in a speech delivered at this year’s Institute of Information Management (IIM-Africa) annual lecture held at the University of Lagos, said that every decision, policy or programme administered by the Government uses information.
Alhaji Mohammed, who was represented by an Assistant Director at APCON, Mr. Ralph Anyacho, premised his speech on “Proper Information Management as Basis for Promoting Transparency, Accountability and Good Governance in Nigeria”, reckoned with the view that effective information management forms the bedrock for achieving President Muhammadu Buhari’s administration “Change Mantra”.
While extolling IIM-Africa’s perseverance in the pursuance of information management sectorial development, he admitted that the information that underpins government administration must be adequate, complete, discovered, accessible and usable.
He added that a key aspect of information management designed to bring about transparency, accountability, efficiency and good governance is e-Governance.
“Automation helps to strengthen government’s drive towards effective governance and increased transparency for better management of resources, for growth and development…government is leveraging broadband to provide online service portals where citizens are receive information and interact with public service administration.
“Broadband holds the potential to move government processes online, increasing the speed of service delivery, improve transparency and accountability, reduce arbitrariness, impropriety and promote cooperation across departments at different levels of government”, the Minister said.
Earlier in a welcome speech, the President and Chairman of the Council, Institute of Information Management (IIM), Dr. Oyedokun Oyewole, said that they have continued in our zeal to ensure that the Information Management profession is accorded the right respect and position in the society, through the various initiatives over the years.
This, Dr. Oyewole said, they believe will also go a long way, as information is a force required to power the economy and democracy.
“The Federal Government of Nigeria today is faced with massive amounts of data that they must process, harmonised and integrated in order to meet mission requirements and deliver relevant, consistent, and current information to other government entities and the constituents they serve.
“Accountable governance, the fight against corruption, and improved service delivery depend upon the availability of good quality information about decisions and actions. Poor quality data, information and records will lead to missed opportunities to maximize the full value of publicly funded projects and programs.
“The recent drive by the present administration to fight corruption, promote transparency and good governance can only succeed if government have unhindered access to quality information. It is obvious from recent happenings in government that Nigeria as a nation is yet to have full control over the records and information being generated, used and transmitted by the government, as government struggle to manage their public records in accordance with international good practice standards. Most often, basic records and information management controls are not in place.
“Without these controls, records are likely to be incomplete, difficult to locate and authenticated. Where they exist, they can be easily manipulated, deleted, fragmented or lost. Poorly kept records, resulting in inaccurate or incomplete data, can lead to misunderstanding and misuse of information; cover-up of fraud; skewed findings and statistics; misguided policy recommendations and misplaced funding, all with serious consequences for poverty reduction and economic development,” he said.
The IIM-Africa’s President added that managing public sector records as a basis for accountability, transparency and good governance is a systemic issue rather than an issue relating to any particular records type.
“In developing records and information management commitments, government should clearly state how records and information management will serve to make government more transparent. Introducing a records control regime or upgrading systems to streamline procedures without actually making information available to the public does not make governments more transparent. Government should be committed to increasing transparency and access to information, and should therefore ensure appropriate powers, resources and enforcement procedures are in place to facilitate data and information sharing amongst various government agencies,” he said.
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EFCC Arraigns Two FSDH Bank Officials Over $307k, €50k Fraud


EFCC
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AfDB Supports Francophone Africa Start-ups with €6.5M

The African Development Bank Group last week approved an investment of €6.5 million in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa.

The Bank will invest €4.5 million as equity and €2 million as a first-loss hedging tranche on behalf of the European Commission, under the Boost Africa Programme.
This participation of the Bank Group will enable the Saviu II fund to give priority to companies with a strong technological or digital component.
Saviu II, the second investment vehicle of Saviu Partners, plans to invest between €500,000 and €3 million in about 20 technology or technology-oriented business-to-business start-ups in the seed phase or carrying out first institutional fundraising.
The Saviu II venture capital fund aims to make at least 60% of its commitments in the French-speaking countries of West and Central Africa: Côte d ‘Ivoire, Cameroon, Benin, Senegal, Togo, Burkina Faso and Mali.
The fund can also co-invest in promising technology companies in East Africa that have a strong team and business model, and whose strategy includes entering the market in French-speaking West African countries and establishing a strong presence there.
In addition, the fund will devote a dedicated envelope to pre-seed investments, focusing on minority equity investments, usually in co-investment with studios, incubators or other ecosystem partners.
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Nigeria Inks $1.3bn MoU with AFC for Alumina Refinery, Mining Push

Nigerian Government has signed a $1.3 billion Memorandum of Understanding (MoU) with Africa Finance Corporation (AFC) via the Solid Minerals Development Fund (SMDF) to fund an alumina refinery, national geoscience mapping, and a strategic investment vehicle for mining growth.

Special Assistant to the Minister of Solid Minerals Development, Segun Tomori, said the refinery will process one million tonnes of bauxite yearly using a modern Bayer process, powered by an on-site gas-fired cogeneration plant.
Minister Dele Alake called it a transformative milestone boosting GDP, aligning with reforms that improve investment climate, regulations, and licensing to attract private capital. He directed agencies to fast-track permits.
The 20-year project at 95% utilization eyes 19 million tonnes total output, $1.2 billion annual GDP addition, $25 billion economic impact, and $8 billion forex earnings, per feasibility studies.
SMDF Executive Secretary Fatima Shinkafi termed it the agency’s biggest funding deal, supporting value-addition policy.
The partnership extends to geoscience mapping for mineral data, de-risking exploration, and a joint vehicle for mining assets.
Permanent Secretary Engr. Farouk Yabo praised the reforms. Shinkafi signed for government; AFC’s Franklin Edochie for the corporation, witnessed by AFC CEO Samaila Zubairu.
Tomori positioned it as Nigeria’s largest private mining investment and FDI magnet.
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