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Nigeria in 2018: Emerging Tech, Cybersecurity Growths; Increased Investments in Startups & ICT– Mike Oljide

Internet of Things (IoT), Artificial Intelligence (AI) and Advanced Machine Learning (AML), Cloud Computing (CC), Cybersecurity, Block-chain & Bitcoin and Enterprise Mobility are technologies that will receive major focus in Nigeria in 2018, Mr. Michael Olajide, executive director, Finance and Administration at Sidmach Technologies Nigeria Limited, said during an interview with peter oluka, Nigeria CommunicationsWeek Correspondent.
The man Mike Olajide:
Mr. Mike Olajide is also the Executive Chairman, WaveTek Nigeria Limited. He is a 1981 graduate of Computer Science from the University of Lagos. He is a distinguished Data System Analyst with over 35 years in the IT industry.
He was a Programmer/Analyst in the Statistics and Planning Division of the Niger State Ministry of Education (NYSC), before he joined the services of the Joint Admissions and Matriculation Board (JAMB) immediately after his service year in 1982 and was the deputy leader of the team that developed a new Pre and Post Examinations Processing System that was used to process the University Matriculation Examinations (UME) locally for the first time in 1986. This led to his rapid promotion by the Board. In 1989, he resigned from JAMB as Assistant Chief Analyst to venture into the private sector where he joined ABICS Nigeria Limited, a foremost software development company at that time.
He was briefly with the Shell Petroleum Development Company (SPDC) as a Senior Consultant from ABICS, before he joined Data Sciences Nigeria Limited in 1990 as a Manager, Software Development. While in Data Sciences, he led the team that developed the National Payroll System and Vote Accounting System for the Office of the Accountant General of the Federation (OAGF), among other projects. He left Data Sciences in 1994 to join SIDMACH as a co-founder and Pioneer Staff. In the year 2012, Mike also co-founded WaveTek Nigeria Limited and presently serves as the Executive Chairman of the company.
He has served in SIDMACH as Executive Director, Managing Director and Chairman of the Board of Directors at various times. He is also a member of the Board of Directors of some organizations and companies.
Mike is a visionary and an information technology expert described by his colleagues as inspirationally cerebral. He is passionate about education and capacity development. This love and passion for education made him to develop a number of IT Solutions to enhance teaching, learning and educational assessment. His core is to employ the use of Information Technology to improve lives and enhance business outcomes.
He has in the past 35 years attended many IT trainings and conferences locally and abroad to improve his professional and leadership skills. He is well-grounded in Software Development, Leadership, Management and Selling Skills.
He is a Fellow of the Nigeria Computer Society (FNCS), a Member of the Computer Professional Registration Council of Nigeria (MCPN), a Fellow of the Chartered Institute of Local Government and Public Administration of Nigeria (FCILGPAN).
He has served as the Chairman, Publicity, Events and Trade Services Committee in the National Executive of the Nigeria Computer Society (NCS). He is presently the NCS South-West Representative on the Board of the CPN and also doubles as a member of the National Executive of the NCS.
Sidmach’s Technology Trends 2018 (Predictions) in Nigeria
Internet of Things (IoT): Internet of Things (IoT) is simply the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and network connectivity, which enable these objects to connect and exchange data. On a preliminary level, we currently have applications on our smartphones we can use to switch off our electronics at home or in the office e.g. Televisions, Audio Systems, Air Conditioners, etc. The level of interconnectivity with electronic devices is gradually increasing and this is an indication that we are gradually gravitating towards the full adoption of IoT.
Internet of Things (IoT) will grow to create smarter solutions that will be programmatically adjusted to be in sync with human behaviour. AI and machines will enable these things to operate autonomously or semi-autonomously, and the driving forces will be efficiency and convenience. As businesses are adapting to the emerging era of the digital world, companies will strive to find innovative ways of delivering their products and services. Thus, there will be more adoption of IoT by corporate organizations and individuals in 2018.
Artificial Intelligence (AI) and Advanced Machine Learning: Simply put, Artificial Intelligence is intelligence exhibited or shown by machines. AI is continuously pushing the limits of science and technology and helping us achieve the unimaginable. 2018 will see a lot of startups utilising AI technologies to create revolutionary solutions that are going to solve real-life and complex business challenges. Be rest assured that AI is something to look forward to this year as a simple voice search is gaining its prominence already in Nigeria. Apple’s Siri, Google Assistant and Microsoft Cortana are examples of simple AI technologies that will be leveraged on in 2018.
Microsoft for example is already using AI to build more intelligent tools so we can put technology to work on increasingly complex tasks. They have partnered with Adaptive Technologies to bring together an AI platform and their biotech research to decode the human immune system, diagnose and treat diseases.
AI and Advanced Machine Learning will lead to the emergence of more intelligent apps virtually in all sectors. For us at Sidmach, we are going to leverage on AI and Advanced Machine Learning technologies to solve real-life problems in both the Health and Education sectors in Nigeria.
Cloud Computing: Many businesses are adopting cloud computing already. 2018 will witness more cloud adoption from businesses and individuals. It is obvious most businesses are now gravitating towards cloud computing. “Mobile first Cloud First” world is a Microsoft slogan that is a reality in the world today. In Nigeria today, the cloud has become the standard for the Enterprise and SMBs. Cloud computing and storage is extremely efficient and cost-effective. From Fintech to transportation and manufacturing, most of the industries in Nigeria are migrating to the cloud. This trend will continue in 2018 in Nigeria. The issue of hosting data locally will also be in focus as the Nigerian government will try to enforce the policy. Companies that have invested in providing data center services locally will take advantage of this government policy to grow their business in 2018.
Blockchain& Bitcoin: The blockchain is a shared, distributed, de-centralized and tokenized ledger that removes business friction by being independent of individual applications or participants. Fintech startups in Nigeria will start leveraging the foundation of blockchain to create disruptive and innovative business solutions. Bitcoin, on the other hand, is a form of digital currency. It’s a type of cryptocurrency used for transactions on a digital payment system.
Blockchain and Bitcoin are gradually gaining more popularity in Nigeria. Attentions are gradually shifting to the inherent benefits of these seemingly new technologies in Nigeria. The current hype of Blockchainis around financial services industry particularly with bitcoin, but there are many other possible applications including music distribution, identity verification, title registry and supply chain. We will start seeing real usage and deployment in Nigeria in 2018.
Enterprise Mobility: Enterprise mobility describes the trend of a great number of employees working outside the office and using mobile devices and cloud services to perform business tasks. The waves of technology in Nigeria is gradually moving to where Enterprise Mobility and business applications will no longer be mere tools that are good to possess, but they will evolve into indispensable instruments that will provide better productivity and increased security. 2018 will drive a wider scale adoption of serious business applications that will cater beyond communication and collaboration, and this will be an opportunity for many startups to create innovative enterprise.
Enterprise Mobility will bring about increased speed or tempo of operations to gain a competitive advantage; efficient data collection so better and faster decisions can be made; quicker reporting of events and KPIs to a wider audience to provide full situational awareness and promote good decision making and issue resolution and so on.
Cybersecurity: The new technology trends come with new security challenges for professionals. Security solutions will therefore continue to receive great attention in 2018.
Sidmach Cloud, Others: The Developments So Far
In March 2017, we launched our Microsoft Cloud platform, this makes us a Microsoft Tier-1 Cloud Solution Provider (CSP), one of the selected few in the country. This affords us the opportunity to serve our clients and prospective customers better with cloud solutions. We also now have the privilege of selling Microsoft products at wholesale prices directly to our customers. Thereby, lowering their current cost. It avails us the opportunity to meet the different needs of our clients from a single point. This provides scalability, affordability, accessibility, efficiency, speed and security. We take full responsibility for the cloud services and solutions that we deploy.
In the almost one year of the CSP launch, we have been able to open new vistas and new grounds. We have also expanded our clients’ base while we helped businesses achieve their goals. We believe firmly that year 2018 will bring in more opportunities to serve businesses and organisations more.
At the same period of March 2017, we also launched our ‘SmartSchool’ solution. It is a solution designed for School Management and Administration. This was developed from our more than 2 decades’ experience in the Nigerian Educational System. SmartSchool is designed to address all aspects of School Management System from registration, attendance, lecture notes, curriculum, fees payment through to result checking; and it has recorded considerable adoption in schools. We are happy for the progress recorded in the current session.
In the first quarter of 2018, we will launch the All Purpose Medical Information System (APMIS) for public use. This is a strategically developed solution to address the challenges in the delivery of health services to patients. APMIS is developed to serve as a link between the patient and the medical practitioners on one side and the hospital management on the other side. APMIS is easy to use and flexible. The free trial is ongoing in many hospitals in the country. At present, Hospitals can use it at no cost for a period of three months after which payment will commence. The adoption rate is currently high.
Market Penetration Strategies
We are collaborating with the various stakeholders in both the health and education sectors to drive adoption.
Sidmach Appears not Involved in Computer Based Test (CBT) Facilities? Any plans for that?
Who says we are not providing CBT solution? Indeed, we have a robust CBT solution that is in the market.
Investment in the Nigerian ICT Sector Seems Stagnant
I don’t agree that investment in the ICT sector is stagnant, it is not stagnant. If you look at the Telecoms sub-sector, yes you can say things have slowed down but in the IT sector a lot is going on right now especially with the Start-ups. I believe that 2018 will bring more investments in the IT sector. The focus has shifted to Nigeria by the big international players such as Facebook, Microsoft, Google, etc. The fairly big players in Nigeria are also focusing on investing in the Start-ups. I tell you this trend will continue in 2018.
The Nigerian Software Industry, What Has Gone Wrong?
Just like in every other sectors, we failed as a nation to do what we need to do to develop the software industry. It was a deliberate policy of the Indian government and people to develop the software industry for both local and international consumption. We have not developed and implement such a policy even now. What you are seeing today in the software industry is a product of private initiatives. Young people decided to move the industry on their own. Even the local content policy is not enforced for the MDAs not to talk of Private Enterprises. Government only reacts to what people are doing in the industry.
I can tell you that the Nigerian Software industry is innovative, virile and versatile but the management and support from the government is still very low. Indians have grown their homemade software and are exporting them to the world while Nigeria still depends on imported. We pride ourselves in imported products than homegrown products. The time has come to have a change of attitude.
Software development costs time and money. No developer can survive without requisite expertise, experience, financial clout/support and patronage. For more than two decades now, Sidmach have been engaged in software development, which are deployed to our clients’ sites and they have performed optimally without fail. We pride ourselves in software development and we have engaged many young people through this.
Lack of patronage of local software companies is one of the greatest problems confronting the industry in Nigeria, a situation that is not applicable in India. Due to non-patronage or low-patronage of local software in Nigeria, the country loses much in foreign exchange. The payment made in dollars and euros for subscriptions and annual software maintenance fee could be reduced and retained in the country through the purchase of local software.
For example, let us imagine what we would have gained if, at least, just one Nigerian bank decides to use an indigenous software rather than the prevailing situation where they all use foreign software or if the software used by the National Identity Management Commission (NIMC) or the one installed at the Office of the Accountant General of the Federation [OAGF], Federal Inland Revenue Service [FIRS], NIBSS and the Central Bank of Nigeria [CBN] are powered by indigenous software companies. This is possible today but it is requires government policy. WAEC, JAMB and NYSC are not using foreign software and they have continued to do very well in carrying out their functions.
Is the Country Making Progress with Local Content in ICT?
Honestly, I cannot say we are making any headway. It appears to me that NITDA does not have the enabling authority to enforce the local content policy or it does not have the capacity. Let us say clearly here that software professionals are not asking for reserved seats. No, we are saying give local software houses the opportunity. Our guys can and are bringing out solutions with global standards. I can also tell you that some of our solutions are superior to the foreign solutions. For example, I can vouch for Sidmach’s Insurance solutions namelyIndemnityPro and IndemnityProLife, as meeting global standards.
Don’t you think lack of professionals at the helms of affairs, is affecting the growth of the ICT industry?
As a practitioner, I will like to see one of my colleagues as the Minister but I cannot say for sure that such a person may perform better than any other person in managing the industry. It is a perception that we may see better policies.
NCS ICT Personality of the Year Award at NITMA 2017, How Do You Feel?
I feel great and I thank God for His mercies. The award is a call to service. It is a call to more work, more innovation, more quality work and more service to the people. At Sidmach, we innovate and develop solutions to make people work smarter and make life better, this is our core and we shall continue.
The award is dedicated to the entire staff of Sidmach Technologies Nigeria Limited, who were committed to innovation and quality, without whom it would not have been possible to win this. I also thank all those who believed in us and voted for us.
Telecom
MoMo PSB, SMEDAN Forge Pact to Digitise Nigeria’s SMEs

MoMo PSB, MTN Nigeria’s fintech powerhouse, sealed a game-changing pact with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) on February 3 at its Victoria Island headquarters, unleashing digital and financial tools to turbocharge SMEs nationwide for seamless operations, revenue surges, and sustainable scaling.

MoMo PSB, SMEDAN
The partnership arms SMEDAN-registered merchants with MoMo’s multi-channel arsenal—apps, POS, USSD, partner portals, and custom platforms—to hoover payments across streams, automate payrolls, juggle tills and shop chains, and boss core business metrics from one slick dashboard.
This powerhouse duo targets Nigeria’s SME engine room, where digital chokepoints throttle growth, injecting MTN’s MoMo muscle to slash friction and unlock efficiencies for mama-put hustles to mid-tier factories alike.
Industry watchers hail the MoU as a masterstroke in President Tinubu’s economic revival playbook, fusing government SME scaffolding with private-sector fintech firepower to birth a new breed of digitally dominant entrepreneurs primed for AfCFTA conquests.
Telecom
MTN Ignites Teacher Revolution: 5,000 Digitally Armed for Phase Two

MTN Foundation and SAIL Innovation Lab have roared into Phase Two of their blockbuster Teachers Fellowship Programme, onboarding 5,000 elite educators from Nigeria’s 36 states and the FCT since January 13 to turbocharge public schools with cutting-edge digital wizardry and global teaching firepower.

MTN
This mobile-first crusade, laser-focused on arming primary and secondary school titans for the digital economy showdown, kicks off with a grueling four-week virtual bootcamp via WhatsApp and Google Classroom—slashing travel barriers for even the remotest rural warriors.
Organisers promise peer-to-peer fireworks and real-time gut-checks, capping Stage One with a virtual gala saluting milestones before culling the pack to a fierce “Top 500” via engagement, assessments, and hustle for Phase Two’s inquiry-based mastery and deep-dive digital metamorphosis.
MTN Foundation’s Executive Director Odunayo Sanya lit the fuse: “Teachers are the backbone of our education system. By empowering them with digital competencies and innovative teaching methods, we are directly investing in the future of our youth.
This Fellowship Programme is designed to ensure that our educators are not just keeping pace with global best practices but are actively shaping the next generation of innovators and leaders.”
Nigeria’s heftiest private teacher uprising scales from last year’s triumphs, minting classroom commandos as state ambassadors to ignite inquiry-driven, tech-fueled learning revolutions coast-to-coast.
Telecom
Onafriq, PAPSS Launch Wallet-Based Payments Pilot from Nigeria to Ghana

Onafriq Nigeria Payments Ltd, a CBN licenced payment service provider, partners with The Pan-African Payment and Settlement System (PAPSS) to pilot the continent’s first wallet-based outbound payments from Nigeria to Ghana – fully in Naira and instant, without relying on hard currency conversion, in partnership with Banks and Mobile Money Operators.

The pilot service, approved by the Central Bank of Nigeria (CBN), enables cross-border intra-Africa payments for individuals, merchants, and traders.
In particular, the service will benefit SMEs, the real engine of intra-African trade; all now have access to a faster, cheaper way to reach customers and suppliers across the border.
By reducing barriers to cross-border trade, the new service will allow these businesses to grow their addressable markets and activity. From the 1st of December, this service will be fully operational for a 6-month period.
Through the partnership with PAPSS, Onafriq is supporting the operationalization of the AfCFTA (Africa Continental Free Trade Area) mandate.
The mandate itself is driving tariff-free trade for the 54 member states of AfCFTA. Within the partnership itself, Onafriq provides the mobile money rails, with an ecosystem consisting of over 1 billion mobile wallets.
Meanwhile, PAPSS brings a network of over 160 commercial banks, representing an ecosystem of more than 400 million bank accounts across its 19 African countries of operation.
The two partners are essentially seamlessly connecting two worlds: mobile money and banking. As a consequence, intra-African trade transactions will take place more easily and opportunities will be created.
Currently, Africa is made up of bank and mobile-led markets, with siloes often inhibiting transactions between these economies. However, this partnership will remove these boundaries. With over one billion mobile wallets and 500 million bank wallets across Africa, this partnership will allow for cross-border collaboration at scale.
This partnership builds on Onafriq and PAPSS’ existing partnership for payments into Ghana, announced earlier this year.
Mxolisi Msutwana, Managing Director Anglophone West Africa said, “Our work with PAPSS shows what collaboration at scale can unlock—seamless, secure connections between banking systems and mobile money ecosystems.
“This is how we open bi-directional trade corridors, reduce costs for businesses, and give African enterprises the rails they need to trade with confidence in their own currencies. The vision is continental, but it starts with practical steps like this one.”
Ositadimma Ugwu, Chief Information Officer, PAPSS, added “Too often, African businesses and individuals see borders as roadblocks instead of opportunities. With this step, we’re challenging that mindset, giving Nigerians the ability to send value next door with the same ease as sending a text message.
“Our vision is simple: make Africa’s borders invisible to payments. This pilot makes that a reality, moving us closer to a continent where payments don’t pause at the border.”
This new Nigeria-to-Ghana outbound capability builds on the successful Ghana-to-Nigeria instant payments corridor launched earlier this year – further proof that Africa’s payments future is local, instant, and inclusive.
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