General News
National Traditional Council Benefits from NITDA’s Capacity Building
In recognition of the significant role of traditional institutions as custodians of cultural values in the country, the staff of the National Traditional Council for Traditional Rulers in Nigeria NTCRN were selected among the recent beneficiaries of NITDA’S capacity building on e- government.
Mallam Kashifu Inuwa, director general, National Information Technology Development Agency NITDA, said, “the exercise is being carried out with a view to ensuring successful implementation of the e-Government Master Plan as well as inculcating the use of Information Technology in all government activities.”
Kashifu who was represented by Dr Usman Gambo Abdullahi, director, Information Technology and Infrastructure Solutions of the Agency, noted that the training was aimed at ensuring application of Technology in running government businesses especially in the Post COVID-19 era.
With this engagement of traditional institutions in the country, the impact of the National Digital Economy Policy and Strategy NDEPS had recorded yet another breakthrough in it’s quest to ensure a Digital Nigeria.
This feat was attained when the Federal Ministry of Communications and Digital Economy, through the National Information Technology Development Agency NITDA, resolved to strengthen the policy by engaging the administrators of traditional institutions in the country with digital technology as a platform for stimulating growth.
While highlighting the National Digital Economy Policy and Strategy Policy’s components, the Director General explained that NITDA has a Strategic Road Map which it has been implementing. He added that in line with the National e-Government Master Plan for the country, a strategy to have institutional framework was designed to implement the NDEPS.
“As engine room for the implementation of government policies and programs, building the capabilities of government officials to deliver on your mandates should be a priority to any government”, he added.
He argued that as the apex body saddled with IT development and regulations, our ability to deliver on the Federal government Digital Economy mandate is our primary focus. “We recognize the fact that building your capabilities as traditional institution should be among our top priority.”
While further highlighting the benefits of the training to the staff of National Council for Traditional Rulers in Nigeria NTCRN, the Director General of NITDA described the role of Traditional institutions as critical to sustenance of any meaningful development in view of their closeness to the people at the grassroots.
“What the government is doing is to provide services to the people, and the best way to doing that is through the full engagement of traditional rulers,” he alluded.
He said the Participants, during the training, will be exposed to understanding how virtual platforms works and how to create Teams and Channels as well as how to set up Video Conferencing amongst many others.
Mallam Kashifu also hinted that the training will save participants from the vulnerabilities of online platforms as Nigeria is fast approaching the full attainment of Digital Economy, where the country must be on the Cyber Space with its associated myriads of challenges.
Declaring the training workshop open, Etsu Nupe and Chairman Coordinating Committee National Council for Traditional Rulers in Nigeria, Alhaji Yahaya Abubakar CFR, commended the Ministry of Communications and Digital Economy under the able leadership of Professor Isa Ali Ibrahim Pantami for his resilience and commitment towards making Nigeria a digitally dependent country.
Alhaji Abubakar noted that the giant strides recorded in the sector demonstrates that the country will soon join the league of top economies of the world.
The Director, National Traditional Council for Traditional Rulers in Nigeria, Kasim Yawa, express gratitude to the management of NITDA for acquitting them with rudiments of ICT and benefits derivable from digital economy.
Federal Competition and Consumer Protection Commission (FCCPC) has warned Lagos traders against enforcing the unlawful “no return, no refund” policy, declaring it illegal under the Federal Competition and Consumer Protection Act (FCCPA) 2018.
FCCPC
Dr Olubunmi Otti, FCCPC Southwest Zonal Coordinator, issued the directive during the inauguration of new executives of the Phone and Allied Products Dealers Association (PAPDA) on Wednesday, stressing consumer education as the strongest defence against market exploitation.
“There is no such thing as ‘no return, no refund’. If a product does not fulfil its intended purpose, the consumer has the right to return it,” Otti declared, adding the commission mediates complaints for refunds, replacements, or exchanges.
Non-compliant businesses face fines, product withdrawals, seizures, prosecutions, or shutdowns. Otti noted thousands of monthly complaints via the FCCPC portal in the Southwest alone, with sensitisation expanding to Alaba Market and Trade Fair Complex.
She urged consumers: “When your rights are violated, do not just say, ‘You give it to God.’ Bring your complaints to the FCCPC. The law empowers us to protect you,” while calling for traders’ collective responsibility to ensure quality products and services.
African Development Bank Group (AfDB) has approved a €6.5 million investment in the Saviu II venture capital fund to boost technology start-ups across Francophone West and Central Africa.
The Bank Group will contribute €4.5 million as equity investment and an additional €2 million as a first-loss hedging tranche on behalf of the European Commission under the Boost Africa Programme.
The investment is expected to strengthen early-stage financing for innovative businesses with strong technological and digital components, particularly in French-speaking countries.
Saviu II, the second investment vehicle managed by Saviu Partners, plans to invest between €500,000 and €3 million in about 20 seed-stage or early institutional fundraising start-ups. The fund will primarily target B2B technology-oriented companies with scalable models.
At least 60 per cent of the fund’s commitments will focus on French-speaking countries in West and Central Africa, including Côte d’Ivoire, Cameroon, Benin, Senegal, Togo, Burkina Faso and Mali.
The fund may also co-invest in promising East African technology firms seeking expansion into Francophone markets.
In addition, Saviu II will dedicate a special funding envelope for pre-seed investments, mainly through minority equity stakes, often in collaboration with incubators, venture studios and other ecosystem partners.
Industry observers say the AfDB’s backing is expected to de-risk early-stage investment and crowd in more private capital into Africa’s growing digital economy.
Saviu Partners previously launched Saviu I in 2018 with a capitalization of €10 million.
The first fund invested in 12 start-ups, mainly based in French-speaking West Africa, offering not just funding but hands-on support in business development, recruitment, international expansion and fundraising.
Nigerian Electricity Regulatory Commission (NERC) has ruled in favor of electricity consumers, directing distribution companies (DisCos) to refund ₦20.33 billion in outstanding costs for meters bought under the Meter Asset Provider (MAP) framework.
NERC
Signed on February 27, 2026, by Musiliu Oseni, chairman,NERC and Dafe Akpeneye, commissioner Order No. NERC/2026/025 amends a 2023 directive.
It requires DisCos to disburse the funds via energy credits over 12 months starting March 1, 2026, addressing years of slow refunds.
As of December 31, 2025, DisCos owed this amount due to delays in reimbursing prepaid customers who funded their own meters.
DisCos must automate credits for the full MAP meter cost upon activation, disbursed monthly over 120 months based on the customer’s tariff—credits cannot offset legacy debts.
Prepaid customers will receive a monthly token by the 4th day equivalent to the reimbursement value; for arrears, they’ll get two tokens per month.
Postpaid customers will see a distinct credit line on bills subtracted from totals, with two line items monthly for arrears.
NERC mandates monthly reports on reimbursement values using an approved template, plus dedicated email channels for complaints with resolution status included.
The order aims to end delays, improve notifications, and boost sector trust. DisCos must accelerate arrears recovery over 12 months without further excuses.
This follows NERC’s February 2026 compliance review, amid ongoing power sector challenges highlighted by Power Minister Adebayo Adelabu.
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