Connect with us

News

Nigeria: Gradually Enforcing Regulation

Published

on

Austin Okere, Founder of CWG Plc
Kindly share this post

The rule of law is more about enforcing existing rules than creating new laws. Any society that does not abide by some code of conduct whether in public or private matters tends to become chaotic, and virtually ungovernable.

This is precisely what happened when the Economic and Financial Crimes Commission (EFCC), and the Independent Corrupt Practices Commission (ICPC) simultaneously went into deep slumber until being surreptitiously awoken with the coming of the new Government of President Muhammadu Buhari.

According to Yury Fedotov, executive director, United Nations Office on Drugs and Crime, “Corruption represents a major threat to rule of law and sustainable development the world over. It has a disproportionate, destructive impact on the poor and most vulnerable, but it is also quite simply bad for business”.

There is something disturbingly eerie about not enforcing the rules. I am quite certain that if you have lived in any of the big cities in Nigeria, you may have had cause to ironically question your sanity when you sit dutifully and patiently in your lane on a busy traffic day and you see what should ordinarily be the folly of ‘mad people’ driving against oncoming cars to beat the traffic.

You can’t help fuming inwardly when they suffer absolutely no consequence, and as a result, car after car drive past you to partake in the maddening spree.

The smart aleks, when challenged, cursorily pass their actions off by reminding you that “this is Nigeria”; whatever that is supposed to mean.

That is where normality seems crazy and madness assumes the new normal. The whole society eventually descends into a macabre dance of impunity. Conscience is thrown out, and on sale to the highest bidder.

To buttress the importance and impact of enforcement, consider that Insurance regulation in Nigeria, vide the Insurance Companies Act of 1961 was not far behind Banking regulation vide the The Central Bank Act of 1958 (which was only fully implemented in July 1959).

While our banks have thrived, expanding across the continent and beyond, mostly due to stringent regulation and effective supervision, insurance has fallen very far behind because the regulators have not made the required bold calls. Very recently, Mohammed Rafiu, House Committee Chairman on banks and other financial institutions shockingly revealed that only 30% of cars in Nigeria are insured. And that there is flagrant disregard for the five other compulsory insurance categories in the country.

Nigeria is a classic example of a nation rich in laws but weak in enforcement.

This is why the recent spates of regulatory enforcement brings good cheer to locals and foreigners alike, albeit some of the fines for infringements have tended to be quite excessive; most especially the $5.1b record fine on GSM giant MTN, by the Nigerian Communication Commission (NCC) for mobile phone SIM card registration infractions.

There have been other high profile regulatory actions by the Standards Organisation of Nigeria (SON) on Guinness and the Financial Reporting Council (FRC) on Stanbic Bank.

Enforcement of regulation however, must be undertaken within the full ambit of the law and respect for fundamental human rights. The right of appeal must be guaranteed up to the highest level of jurisprudence.

The blind application of the law without regard to status, colour or creed is what enshrines deterrence and increases the value of the real estate of the postcode.

There is no doubt that the recent imposition of a hefty $15b fine by the US Government on German carmaker, Volkswagen, for emission results falsification will cause contemporaries to think twice before yielding to any temptation to similarly cut corners.

It is the pursuit of deterrence that drives developed countries from sparing any high ranking members of the society who fall foul of the law, not least their Presidents, who are rather held to higher account.

The celebrated case of former American President, Richard Nixon in the Watergate scandal is a good example.

On this score we have a lot to do to change the negative perception of the Nigerian (and indeed African) postcode.

Creating an orderly and equitable society is more edifying and sustainable than the sheer desperation displayed by our brothers and sisters who feel stymied by a skewed society, thus seeking to migrate to other climes by any means possible, not excluding dangerously hanging from the tyres of an aircraft, to braving raging storms at sea on makeshift rafts.

As Nigeria turns to ICT and Telecoms for the next wave of economic growth, in the wake of the oil price collapse, it is imperative that we create an enabling regulatory environment that will attract entrepreneurs and enable them to thrive. In ensuring an enabling environment, I shall like to deviate from the well-worn songs of inadequate power supply and other infrastructure deficiencies and rather focus on one critical area where we could very easily be blindsided; the role of the National Office for Technology Acquisition and Promotion (NOTAP).

NOTAP was established in 1979 in response to Nigeria’s need to facilitate the emergence of a strong Innovative, Science and Technology based economy.

NOTAP systematically tracks the inflow of technology into Nigeria and strategizes for its adaptation and domestication. Essentially, NOTAP is the gate-keeper that approves all foreign exchange payments to global technology suppliers.

Specifically with regard to the Software space, and following reports of flagrant flouting of the rules of the NOTAP Act by the major global software vendors, NOTAP along with the CBN convened a workshop in September 2007, with all major software vendors operating in Nigeria to reiterate the rules and emphasize the need for strict adherence.

Part of the communique following the workshop included the following: Every foreign software licensor should set up a Technical Support Centre for software development beyond their current sales and marketing offices.

Review the Annual Technical Support (ATS) fees from 10% of cost of the software license to a percentage ranging from 15% to 23%.

A minimum of 40% of the ATS fee should be paid to Local Value Added Resellers (VAR) in local currency and the VAR must be indigenous.

Collaboration with NOTAP to develop a checklist to ensure that Local VARs are not mere ‘commission agents’ but actually acquire marketable competent skills from the foreign licensors with a view to developing variants of the software which can complement the foreign software to meet the needs of the local market, while shouldering their fair share of the workload.

While the global vendors ensured that they benefitted from the doubling of ATS fees from 10% to 23% they did nothing about the setting up of technical support centers in the country nor ensure that 40% of the increased ATS is paid to local companies who are the channels for delivery of the technical support services.

Once again, lack of enforcement is at the heart of the collapse of an otherwise fair trade regulation.

Unfortunately, this is not without the mal-acquiescence of the local companies who will rather engage in cut throat competition by sabotaging the system to collect a paltry 5-10% of ATS fees than insist on the NOTAP stipulated 40% that had been instituted to protect them from unfair trade, and help them to grow and thrive and contribute to the economy.

What the indigenous companies do not realize is that this unhealthy competition and sabotage of the regulation can only lead to a race to the bottom.

Take a typical case where a local software Value Added Reseller (VAR) receives a paltry 5% of the ATS fees, and is also expected to bear the full tax liability on the transaction (including that of the global software company who pays absolutely no taxes in Nigeria on the transaction).

Now the applicable withholding tax on Software and Services is 10% of the transaction value. In essence, the local company has already incurred a deficit of 5% in operating margin (a clear and outright loss, without even factoring in operating expenses).

This is one of the main reasons why most of the local companies are dying at a time when many economies are booming on the back of technology entrepreneurship, think Google, UBER and Alibaba.

This scenario however, does not entirely exonerate NOTAP, as they are charged with enforcement of the regulation and have all means, power and instruments of sanction to achieve effective enforcement. What seems lacking is the will to succeed at our jobs upon which the sustainability of the polity depends; and this does not apply to NOTAP alone. Many examples abound.

As a nation, we have two choices; throw our hands helplessly up in the air and justify our tardiness with the cliché ‘this is Nigeria’, or we can buckle down to enforce the rules and make our country an attractive postcode.

Austin Okere is the Founder of CWG Plc, the largest Systems Integration Company in Sub-Saharan Africa & Entrepreneur in Residence at CBS, New York. Austin also serves on the World Economic Forum Business Council on Innovation and Intrapreneurship.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

News

Okonjo-Iweala Urges Nigeria to Shift from Importing Tech to Local Manufacturing

Published

on

Kindly share this post

Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation, WTO, has urged Nigeria to move decisively beyond importing technology to manufacturing it locally, warning that sustained dependence on foreign technology weakens the country’s industrial base and constrains job creation in the digital economy.

Speaking at Ahmadu Bello University, ABU, Zaria, Okonjo-Iweala said the current disruption of the global order, driven by technology, geopolitics and climate pressures, presents both serious risks and unprecedented opportunities for Nigeria and Africa, if they are prepared to act strategically.

“It is always a pleasure to come home to Nigeria, but it is particularly special to be here at one of the country’s most important seats of learning,” she said, stressing that universities such as ABU must remain central to Africa’s technological, industrial and economic transformation.

Tracing Nigeria’s post-independence journey, Okonjo-Iweala recalled that at independence in 1960, the country had only one degree-awarding institution, making the rapid expansion of universities a critical pillar of nation-building.

She noted that institutions such as ABU laid the foundation for Nigeria’s scientific, technological and entrepreneurial capacity.

Founded in 1962 as the University of Northern Nigeria, ABU has evolved into a multidisciplinary institution producing graduates across engineering, medicine, sciences, ICT, public administration and the humanities.

“Research conducted here has advanced the frontier of knowledge and offered practical solutions to real-world problems, from animal feed innovations during dry seasons to wind power generation in rural areas,” she said.

Turning to global trends, the WTO chief identified technology, particularly the internet and artificial intelligence, AI, as one of the most disruptive forces reshaping trade, production and employment worldwide.

“The technological shift we are experiencing has made it easier to communicate, produce and trade, but not everyone has shared equally in the gains,” she said, warning that automation and AI could deepen inequality if not properly managed.

She stressed that multilateral institutions and global trade rules must evolve to respond to emerging technologies such as AI and quantum computing.

“We need a new kind of multilateralism, one that is nimble, responsive and capable of addressing new global opportunities,” she said.

Okonjo-Iweala said Africa stands to benefit from what the WTO now describes as “re-globalisation”, the diversification of global supply chains away from over-dependence on a few countries.

She identified opportunities in labour-intensive manufacturing, critical minerals processing, renewable energy technology, pharmaceuticals, agro-processing and electric vehicle, EV, supply chains.

“Africa has the capacity to process its critical minerals all the way to EV battery manufacturing,” she said, pointing to Nigeria’s emerging lithium processing investments and vast renewable energy potential.

Reinforcing her call for local technology production, she said Nigeria must stop importing technologies it can manufacture domestically.

“Instead of importing solar panels, we should be manufacturing them here. That is how we create jobs, build resilience and grow our economy,” she said.

Okonjo-Iweala warned that Nigeria’s projected economic growth of 4.4 percent remains insufficient once population growth is factored in, calling for sustained growth of 6 to 7 per cent driven by productivity, technology and value addition.

She said achieving this would require strong digital infrastructure, skills development and innovation-friendly policies, alongside full implementation of the African Continental Free Trade Agreement, AfCFTA.

“Technology-enabled trade and deeper regional integration could increase intra-African trade by up to 45 per cent and lift millions of people out of poverty,” she said.

With Africa projected to account for about 25 per cent of the global working-age population by 2050, Okonjo-Iweala described Nigeria’s young population as one of its greatest technology assets.

“On an ageing planet, Africa’s youth represent the world’s future talent pool,” she said, urging universities, policymakers and the private sector to better align education, innovation and industrial strategy.

She, therefore, called for stronger collaboration between academia, industry and government to ensure Nigeria does not miss the opportunities created by global technological disruption.

“This country has what it takes. What we need is urgency, coordination and the courage to invest in our people and our ideas,” Okonjo-Iweala said.


Kindly share this post
Continue Reading

News

Stanley Amandi, Nollywood Actor Arrested over Alleged Coup Plot against Tinubu

Published

on

Kindly share this post

Stanley Amandi, veteran Nollywood actor and filmmaker, has been arrested by the Nigerian military over his alleged role in a foiled coup plot to overthrow President Bola Tinubu’s government, according to an exclusive report by Premium Times.

Stanley Amandi, Nollywood Actor Arrested over Alleged Coup Plot against Tinubu

Stanley Amandi, Nollywood Actor

The filmmaker, also a former chairman of the Actors Guild of Nigeria (AGN) Enugu State chapter, was reportedly detained in September 2025 alongside several military officers accused of planning a violent overthrow, including potential assassinations of top officials, according to the newspaper’s sources.

Reports indicated that the coup plotters planned to wholesale assassination of top government officials including President Tinubu, Vice President Kashim Shettima, Senate President Godswill Akpabio, and Speaker of the House of Representatives Tajudeen Abbas, among others.

On Monday, the Defence Headquarters confirmed the plan to illegally oust the Tinubu administration, saying the indicted officers will be arraigned before military judicial panels.

In its statement, the Defence Headquarters said the investigation has been completed and forwarded to “appropriate superior authority in line with extant regulations.”

According to the military, the investigation was “comprehensive” and conducted in line with established procedures, examining “all circumstances surrounding the conduct of the affected personnel.”

The military disclosed that the findings identified “a number of the officers with allegations of plotting to overthrow the government,” describing such conduct as “inconsistent with the ethics, values and professional standards required of members of the Armed Forces of Nigeria.”

Mr Amandi has featured in many Nollywood movies and is known for his work as an actor, production manager and director.

His notable works include “The Album,” where he served as director; “Tiger King,” where he also served as director and produced in 2008; “Cornerstone,” produced in 2019; and “Once Upon a Dream,” in which he appeared as an actor in 2024.

Mr Amandi’s last Instagram post was on 19 September 2025, shortly before his arrest.


Kindly share this post
Continue Reading

News

Firms Commit to Boost African Robotics Market

Published

on

Kindly share this post

AfricAI and Micropolis Robotics have signed a multi-year exclusive distribution and deployment agreement, which marks one of the continent’s most significant robotics market entries.

Micropolis AI Robotics is a United Arab Emirates-based robotics manufacturer operating in autonomous systems, while AfricAI is a company building practical, revenue-driven artificial intelligence (AI) systems for African businesses, governments, and global partners operating in emerging markets.

According to the agreement, Micropolis Robotics named AfricAI as its exclusive continental partner, prohibiting direct sales, alternative distributors, and third-party agents from operating in the territory.

The partnership establishes AfricAI as the primary execution, localisation, and go-to-market platform for intelligent robotics in Africa’s industrial, security, logistics, and infrastructure sectors.

AfricAI said this exclusive mandate positions the company as the gateway for advanced autonomous systems entering African markets, ensuring regulatory compliance, local capacity building, and sovereign control over deployment frameworks.

The partnership, according to the two parties, moves beyond software- based AI into the realm of physical AI — intelligent machines capable of operating in complex, real-world African environments.

“This is not a collaboration, it is a market-shaping mandate,” said Fareed Aljawhari, CEO of Micropolis Robotics. “AfricAI now represents the exclusive gateway through which Micropolis technologies enter Africa. Their sovereign AI vision, operational reach, and regulatory fluency make them the only partner capable of executing at a continental scale.

Furthermore, the agreement enables AfricAI to integrate Micropolis’ autonomous robotics systems with AfricAI’s sovereign AI stack, resulting in AI-powered security and surveillance platforms, robotics-enabled logistics and port operations, industrial automation, smart infrastructure, and municipal robotics tailored to African operating conditions.

Initial deployments will commence in security, smart infrastructure, and logistics, with phased expansion across multiple African states as part of AfricAI’s broader continental AI, data, and intelligent infrastructure strategy.

The agreement also includes long-term performance-linked expansion rights, automatic renewals, and a defined localisation framework to support robotics deployment, workforce training, and skills transfer across Africa.

Prince Malik Ado-Ibrahim, executive chairman of AfricAI, said: “Africa does not need imported automation — it needs sovereign, context-aware intelligent systems. This exclusive mandate allows AfricAI to industrialise robotics deployment at scale while retaining control, compliance, and value creation on the continent.”

 


Kindly share this post
Continue Reading

Trending