General News
Misappropriation of Funds Greatest of Science & Tech-Jackson

Sunny Jackson is the managing director/CEO of Holgate Communications, a thriving IT consultancy, training and event-packaging company. He has worked with different communications company. He spoke to funmi ilesanmi.
Operations
We are a firm that is into marketing and brand consultant, public relations and human resources. We train people on computer systems, package events and concept development.
Incorporating IT into Primary and secondary schools curriculum
IT courses should be introduced from the primary school. In the United Kingdom for example, children are introduced to the computer right from their homes. Parents provide their children with mini laptops and notebooks with instructor ready software and also make sure the children are connected to the internet. For Nigeria to move up with what is applicable in Europe, I believe the most appropriate thing to do is to incorporate these courses especially data processing into the curriculum.
Running successful computer vendorship
Financial support is needed to run a successful computer vendorship because IT is a very wide area. Unlike in other sectors where you can wake up one morning, make plans, forecast and everything falls into place but in IT it is not like that. Everyday we work hard to bring in new innovations, to create software and find ways to solve problems so financial involvement from the government is very important.
A conducive environment in the form of a leveled playing ground is also needed. If it is a government establishment, fair hand should be given to individuals to run it and if it an individual establishment, the government should do likewise.
Personnel is also very important, if possible expatriates should be brought in because everyday ICT comes in a new form. Five years ago, the industry was not like this, five years to come it will not be like this. So we need to be abreast and to be abreast, we need to marry ideas. Marry ideas, bring in expatriates and when they come together they sit with one another to forge a new way forward. Invariably, we can also send our engineers abroad to learn in order to bring in new ideas that obtain out there. IT is about the most expensive course for investors to run now. In our view, we believe in audio-visuals because there is the power of what you see and has a considerable level of impact.
Venture into IT reality show
In the past 36 months, reality TV shows have been on the screen. It has been about dancing and selecting the best dancer with nothing educational wise been achieved. The objective of coming up with the IT reality TV show is to create opportunities for the youths. The winner of the IT reality show has the opportunity to school abroad on scholarship basis which will be a plus for the Nigerian ICT industry and Nigeria as a country, hence our involvement in this empowerment programme. It is also designed for the growth of science and technology in Nigeria because it is developed by Nigerians for Nigerians.
Form of the show
The show requires youths to come up with software they can invent or manufacture and the processes involved in the development. We will bring in professors and experts in the IT space to look at the projects and inventions, and check if it matches the total solution. This means coming up with what you have and we do an elimination test to select the best innovation. We have done out logistics, the feeding will be handled by one of the best hoteliers in town. Every minute detail like accommodation, laundry and others will be well taken care of. We are into partnership with two top ICT companies, a reputable hotel in Nigeria and two other sponsors.
Challenges facing science and technology in Nigeria
Diversion and misappropriation of funds are the greatest challenges facing science and technology in Nigeria. If these funds had been channeled towards developing science and technology, the country’s technology sector would have been well developed. In Akwa-Ibom State for instance, they have an existing science and technology park and I commend the governor for this. If each state government has at least one ICT hub, then the federal government would have imagined the level of science and technology in Nigeria. In a bid to commit financial crime, they misappropriate funds and this invariably affects the growth of science and technology which accounts for why Nigeria as a country is still lagging behind in ICT.
Preventing users from patronizing obsolete products
What we can do is to create awareness. The government should extend the same zero tolerance that applies to fake drugs to electronic products. The NCC should work hand in glove with the Nigerian Port Authority, the SON and the Nigerian Customs Service to checkmate the importation of substandard products. There should be a standard gauge.
Setbacks in IT training
One is poor funding; two is lack of conducive learning environment and lack of electricity. Another militating factor is lack of skilled manpower.
Going by the recent ASUU strike, the number of months the students have been out of the classroom, if you are the lecturer teaching them on ICT and you have a syllabus to cover, how would you go about this? That means they can never catch up but when you have a stable programme and you follow it assiduously, you are sure of getting there.
Capacity
Currently, we have two main buildings accommodating our training facilities. As time goes on and the turnout of student increases, we are sure to expand our facility centre to accommodate more people.
Future of Holgate Communications
We seek to add value to the company on daily basis. In the next five years, we hope to build a one stop ICT centre. We are also looking at going into the energy sector.
General News
MTN Graduates 20 Fellows, Expands Media Innovation Programme

MTN Nigeria, in partnership with Pan-Atlantic University (PAU), marked a significant milestone in advancing Africa’s media landscape with the graduation of 20 Fellows from the MTN Media Innovation Programme (MIP) Cohort 4 held at the Lagos Business School.

MTN
The ceremony celebrated excellence, resilience and forward-thinking storytelling, while also announcing the programme’s expansion into a Pan-African edition beginning next year.
The six-month programme, known for its rigorous coursework, demanding schedule and strong emphasis on critical thinking, included an international study visit to South Africa that broadened participants’ understanding of media innovation across the continent.
The graduation event acknowledged the Fellows’ commitment to completing the intensive journey while strengthening their capacity to influence the future of African media.
Dr. Ikechukwu Obiaya, Dean of the School of Media and Communications, PAU, commended the Fellows for their persistence throughout the programme. “In some moments, it was pretty grueling for some of you, but you made it. You are here, and I congratulate you,” he said.
“He encouraged them to see the graduation as a new beginning, adding, “We have so much to do, and each one of us is best positioned now to make that transformation.”
Tobe Okigbo, Chief Corporate Services and Sustainability Officer, MTN Nigeria, congratulated the cohort on successfully completing the six-month programme and reaffirmed MTN’s long-term vision for the initiative.
He said, “Congratulations on completing this journey. You are joining a network of professionals who are committed to elevating the media landscape in Nigeria and beyond.
“The future of this programme depends on your impact. This cohort represents the outcome we envisioned when the journey began. Today, the programme is not only thriving but also expanding.”
He further announced that the Pan-African edition of the programme will be launched in 2026, providing media professionals across the continent with the same level of immersive training and unique exposure experienced by the Fellows.
A key highlight of the event was MTN Nigeria’s presentation of ₦2.5 million in cash prizes to Fellows whose projects demonstrated exceptional innovation, depth of research and alignment with the programme’s ethos of impactful storytelling. The awards were presented by Chineze Gbenga-Oluwatoye, General Manager, Corporate Affairs, MTN Nigeria, and Odunayo Sanya, Executive Director, MTN Foundation.
Vanessa Ukamaka Richard Bassey, Head of Programmes, Sparkling 92.3 FM, Calabar, emerged as the top winner, receiving ₦1 million for the MTN Foundation Chairman Award for Innovative Reportage and another ₦1 million for the MTN Chairman’s Prize for Innovation. Sharing her experience, she said, “It’s been a training ground. It has opened me up to new things and made me more confident. There’s something about knowledge and information and exposure to your mind and to your esteem. After today, I know there’s nothing to be afraid of.”
Abolaji Adebayo received ₦500,000 for the MIP Cohort 4 Best Report, recognised for its clarity, depth and relevance to national discourse.
Several Fellows shared how the programme has reshaped their careers. Adekeye Ayobami of Abamimigo FM described the programme as arriving at the perfect moment, aligning with his recent career elevation.
Ubani Amarachi of Channels TV highlighted the value of the South Africa trip, noting that it transformed her approach to telling African stories and reinforced her belief that graduation marks the beginning of greater responsibility and impact.
The graduation of the MIP Cohort 4 Fellows, coupled with the announcement of the Pan-African edition, reinforces MTN Nigeria’s long-standing commitment to strengthening the media ecosystem through education, exposure and innovation.
The partnership between MTN Nigeria and Pan-Atlantic University continues to serve as a catalyst for developing media professionals equipped to shape narratives, advance societal progress and drive meaningful change across Africa.
General News
FirstCap Acts as Joint Issuing House on Veritasi Homes & Properties Plc’s ₦30 Billion Bond Programme

FirstCap Limited, a premier investment banking business and a wholly owned subsidiary of FirstHoldCo Plc, acted as Joint Issuing House and Placing Agent on the Veritasi Homes & Properties Plc’s Series 1 Bond of ₦10 billion under its ₦30 billion Bond Programme duly registered with the Securities and Exchange Commission (SEC).

The Bond Programme is designed to support the development of Project Oyster Towers, located within Eko Atlantic City. Proceeds from the Series 1 Bond issuance are expected to be applied towards the construction of 30 luxury residential units, forming part of an 82-unit residential development comprising one-bedroom, two-bedroom, and three-bedroom apartments.
Veritasi Homes & Properties Plc is an indigenous real estate development company with operations across Lagos State and the Federal Capital Territory, Abuja, and a growing track record in the delivery of residential real estate projects in Nigeria.
Commenting on the transaction, Ukandu E. Ukandu, Managing Director/Chief Executive Officer of FirstCap Limited, stated:
“We are proud to partner with Veritasi Homes & Properties Plc on this important transaction. The establishment of the ₦30 billion Bond Programme reflects our commitment to mobilising capital for the real estate sector, which remains a key driver of Nigeria’s economic growth. Project Oyster Towers exemplifies the future of luxury and sustainable living in Nigeria, and this transaction reinforces FirstCap’s role as a trusted advisor in major corporate finance initiatives.”
FirstCap’s involvement in the Bond Programme further reinforces our dedication to supporting the growth of the Nigeria’s real estate sector. The successful execution of this transaction highlights the depth of expertise within our capital markets team and our role in supporting issuers in accessing long-term funding solutions aligned with their strategic objectives.
By continuing to connect capital providers with high-impact infrastructure projects such as Project Oyster Towers, we remain committed to driving economic development and delivering long-term value for all stakeholders, Ukandu added.
General News
NITDA DG Calls for Innovation-Led Economic Rebirth @ Kano Startup Weekend

Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), has called for a fundamental shift in Kano State’s economic strategy, urging stakeholders to embrace innovation, technology and collaboration as the drivers of growth in the 21st century.

Speaking at the Kano Startup Weekend, Inuwa acknowledge Kano’s long-standing reputation as the commercial nerve centre of Northern Nigeria and the wider Sahelian region, noting that its history of trade, enterprise and human capital provides a solid foundation for future growth.
He emphasised that while these strengths powered Kano’s success for centuries, the modern economy now offers even greater opportunities through innovation and technology.
He described innovation as the process of transforming ideas into impactful solutions through commercialization, stressing that when ideas are effectively deployed, they create value, solve societal challenges and generate sustainable economic growth. He noted that Kano’s large market, strategic location and vibrant entrepreneurial culture place it in a strong position to take advantage of innovation-driven opportunities.
According to him, “Innovation is the process of taking an idea from inception to impact. Invention on its own is a cost centre, but when you commercialise an idea, when you turn it into a product or service that solves a real problem and creates value, that is when you begin to drive economic growth and inclusion.”
He noted that the state hosts numerous degree-awarding institutions across federal, state and private ownership, providing a strong base for human capital development. However, he expressed concern that these institutions often operate in isolation from industry, with research outputs rarely translating into commercial or industrial applications.
He explained that innovation does not happen in silos and stressed the need for a strong, interconnected ecosystem that brings together academia, industry, startups, entrepreneurs and government.
According to him, universities should conduct research informed by industry needs, industries should leverage research to improve productivity and competitiveness, and startups should serve as the bridge that converts ideas into market-ready solutions.
He further encouraged entrepreneurs to leverage technology to build businesses that can grow beyond local markets, explaining that innovation-driven enterprises have the power to scale rapidly, create jobs and position Kano competitively at both national and global levels. According to him, digital platforms and emerging technologies now make it easier for startups to reach wider markets and develop solutions that were previously unimaginable.
“You can start your business here in Kano, but your thinking must be global from day one. Technology has removed barriers. With the right skills and platforms, a startup in Kano can build solutions that serve not just Nigeria, but the world,” he noted.
Highlighting NITDA’s ongoing interventions, the Director General outlined the Agency’s commitment to building national innovation capacity through targeted human capital development programmes. He cited the Digital Literacy for All (DL4ALL) initiative, which aims to equip Nigerians across all segments of society with essential digital skills, and the 3 Million Technical Talents (3MTT) programme, designed to produce a pipeline of globally competitive technical professionals in areas such as software development, data analysis and emerging technologies.
He said, “Through DL4ALL, we are ensuring that Nigerians at all levels have the basic digital skills needed to participate in the digital economy, while 3MTT is deliberately building a pipeline of globally competitive technical talents who can drive innovation, create jobs and attract investment.”
He explained that these programmes are key pillars of President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises skills development, innovation, job creation and inclusive economic growth as pathways to national prosperity. According to him, empowering Nigerians with digital and technical skills is essential for building a resilient economy capable of competing in the global digital landscape.
“President Tinubu’s Renewed Hope Agenda is about investing in people, empowering them with relevant skills and creating opportunities for inclusive growth. At NITDA, we are using digital skills and innovation as tools to translate that vision into real economic impact for Nigerians,” he said.
Inuwa urged all stakeholders in Kano to work together to build a functional innovation ecosystem that can unlock the state’s vast potential. He expressed confidence that with the right mindset, strong collaboration and sustained investment in digital skills and innovation, Kano can reclaim its historic leadership role and emerge as a major innovation and entrepreneurship hub in Nigeria and beyond.
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