General News
Nigeria Losses Revenue from Improper Planning- Oyedokun

Nigeria Losses Revenue from Improper Planning- Oyedokun
Mr. Oyewole Ayodeji Oyedokun is the president, Records and Information Management Awareness Foundation (RIMA Foundation).
He is a member of renowned international networking bodies, such as the Network and System Professionals Association, USA; International Association of Business Communicators (IABC); Association for Information and Image Management (AIIM) and Computer Professional Registration of Nigeria. He works for a major oil and gas company in Nigeria, where he has served for over thirteen years and still waxing stronger.
Oyedokun was among a thirteen-man committee inaugurated in March 2010b by the Lagos State Government for the formulation of Policy on Records and Archives management in Lagos State. At RIMA’s first quarterly training for Information Management professionals, he spoke with Peter Ugwu on the imperative of a national database, among other issues. Excerpt.
Encouraging Societal Changes through ICT and Records Management
Overview of RIMA’s Activities
RIMA has been in operations since 2004 as a Non-profit Non-Governmental Organization (NGO), with the sole objective of promoting proper management and security of records and information in Nigeria, and Africa in general; for the benefit of the society encouraging investment and provision of employment opportunities.
Records and Information Management (RIM): A specialized Discipline
Yes; RIM is a specialized discipline with gamut of disciplines that requires different skill set. Some of the functions in the Records and Information Management (RIM) industry include but not limited to Records Management (RM), Archives Management (AM), Documents Control (DC), Health Information Management (HIM), Data Management and Analysis (DMA) and so many others. Regrettably, within the scope of Africa, one will discover that majority of these disciplines are almost non-existing and people have been lamenting for lack of employment opportunities; uncharitable structures for investment and so on. RIMA Foundation discovered this gap and realized that by developing the records and information management industry; this will really help to alleviate the sufferings of our teeming youths. Records and Information are very important aspect of any business, required for the efficient administration and sustenance of the business regardless of the sector they belong to. And when we talk about governance, we will find out that majority of the problems we are piqued with, especially in this part of the world, are largely drawn from poor handling and management of records and information thereby making it almost impossible for government to demonstrate to the populace talking about transparency and accountability, not necessarily in the financial aspects alone, but in the area of good information management governance. For example, for a government to prepare a budget; beneficial to the citizenry, there has to be accurately captured and recorded information concerning the population, which will inform certain government’s decision in implementing assured policies. Information, if properly harnessed could give government the right direction. You can imagine, each general election period in Nigeria is followed by revalidation of voters register, with several millions budgeted for it, but if we had a proper national database, budgetary allocation to such exercise would have been cut down and channeled towards other developmental projects.
Records and Information Management Policy Debate
I will say this forms part of our mandate. Our directive is to identify the various gaps, challenges being faced in the information management industry, covering both private and public arena, and proffer a way on how to tackle them. So, we are favorably disposed to any legislation that will promote proper handling, management and security of records and information in Nigeria.
Improper Information Management and Security Lapses in Nigeria
Infact, managing information is very keen and directly applicable to every facet of our life. So, in the area of security, if we had maintained good information governance about the citizenry, adequate security would not have eluded us as it is presently.
Manual Record Management in ICT Era
There are cases of things being done wrongly because of the system we run in Nigeria, and so many things are responsible for that. Firstly, there is growing fear in people when it comes to ICT. In fact, some people, when you mention ICT, they are thrown off-balance; a lot of people feel threatened by this. Even in organizations, workers will think that implementation of ICT solutions will lead to job loss, which is not. Is aimed at enhancing whatever activity they are involved in. They are supposed to see it as complement to whatever profession they are involved in. IT is not coming to take over anybody’s job; rather it will create greater opportunities and better career ladder which will eventually give room for growth within the organization.
Awareness Campaign
We have been involved in so many awareness campaigns to raise the tempo for proper management of records and information in Nigeria and other parts of Africa. We have worked with many international organizations for us to learn best practices, around the world. We target a-home-grown solutions to our problems and our activities are progressive in nature. RIMA has been partnering with a good number of international organisations on different projects and programmes. Aside the free quarterly training organized for students, professionals and other interested members of the society, we have outlined a number of awareness programmes for the year. And we are not giving up in promoting professional ethics among RIM practitioners in Nigeria and Africa. Quite a number of them are not aware of certain expectations that they are supposed to leave up to within their organisations, which is one of the key consciousnesses RIMA Foundation is out to create in them.
Perils of Inexistence of National Database
Apart from the improper planning and decision making suffered by the different countries as a result of lack of a national database, the country will continue to loss revenue.
Generic or Unified Retention Period of Confidential Records
The implications of not having a generic or unified retention period for confidential documents has a lot of negative implications, but I will stress on the fact that if we continue to shy away from maintaining a general standard for every practice, we should not expect (positive) results. Because people will tend to do things the way it suits them; which boils down to revenue loss. We will continue to mark time, while losing valuables. And the process must be back up by the law.
SIM Card Registration and Skeptic Public
I will not out-rightly blame whoever is skeptic about his or her data being captured, particularly in the absence of framework or infrastructure in place, like the records and information policy we are harping on. Presently, we do not have laws to address personal information protection act or law in Nigeria. In fact, it is very wrong for government to start asking for (personal) information from the masses without putting the necessary infrastructure in place, because a house that is not built on a solid ground will collapse.
Unfair Treatment of Professionals
I will share the blame between the practitioners and the organizations. From our findings, quite a good number of Information Management Professionals (IMPs) are not doing enough to convince their management on how relevant they are to operations of their organizations. Some of them are not innovative enough to come up with projects that will add value to their organisations. Talking about the organizations, you will find out that most of them are yet to realize that information is a very important aspect of their businesses, thereby not regards it as an asset to cater for and guide jealously. These are some of the challenges that we (RIMA Foundation) believe will be overcome with time as we proceed in our resolve for a better society through information management.
General News
LG Electronics Celebrates Women Who Power Progress @ 2026 Women’s Month Event

LG Electronics has reinforced its commitment to gender inclusion and women’s empowerment with the successful hosting of its 2026 Women’s Month event, themed “Women Who Power Progress,” at its Lagos office.

The event brought together accomplished women from diverse industries for a thought‑provoking panel discussion that explored their personal journeys, career-defining moments, and the inspiration behind their success in traditionally male-dominated and highly competitive fields.
The distinguished panel featured award‑winning filmmaker Mrs. Biodun Stephen, Mechanical Engineer Engr. Adeola A. Adeleke, Interior Design Leader Dr. Jennifer Chukwujekwe, and MEP Engineer Engr. Moyosore Onabolu. The session was expertly moderated by actress and entrepreneur Blessing Obasi‑Nze, who guided candid conversations around ambition, resilience, and purpose.
Throughout the discussion, panelists shared compelling stories of perseverance, the challenges they overcame, and the values that shaped their professional paths. They also offered practical advice to women navigating their careers, emphasizing the importance of resilience, continuous learning, self-belief, and mentorship as key drivers of long-term success.
A major highlight of the event was the keynote address delivered by Engr. Dr. Funmilade Akingbagbohun, the first female National Chairman of the Nigerian Institution of Mechanical Engineers (NIMechE), Mechanical Engineer, and STEM Advocate. Her keynote address tagged “Women Building, Fixing, Innovating, and Powering the Future of Technology,” delivered a compelling call to action for women, organisations, and society at large.
“Women are building, fixing, innovating, and powering the future of technology. As we mark International Women’s Day, my call to action is simple but urgent: rise, build, break barriers, and lift others along the way,” she said.
“To organisations like LG Electronics, continue to foster inclusive environments where women can thrive, lead, and innovate. To every woman here, be bold, pursue excellence, and never underestimate your potential. To the next generation, embrace STEM careers with confidence and courage. And to all of us, support one another because success is more meaningful when it is shared.”
“While we celebrate progress, we must acknowledge the challenges that still exist, from gender stereotypes and underrepresentation in leadership to the pressure of balancing multiple roles. Yet today’s woman is competent, resilient, and visionary. We are no longer waiting for opportunities; we are creating them, claiming them, and excelling in them. When women rise, organisations grow, and society progresses. There is no limit to what we, as women, can accomplish.”
Speaking at the event, the Managing Director of LG Electronics, Mr. Hyoung Sub Ji, underscored the company’s belief in the transformative power of inclusion.
“At LG Electronics, we believe that empowering women is not just a social responsibility, it is a catalyst for innovation, growth, and sustainable progress. Creating platforms where women’s voices and experiences are celebrated is essential to building a more inclusive future,” he said.
Held in a vibrant and engaging atmosphere, the event also provided a valuable networking platform for attendees to connect, celebrate achievements, and exchange ideas in a relaxed and inspiring environment.
In line with the broader International Women’s Day theme, “Give to Gain,” LG Electronics used the occasion to reaffirm its belief that investing in women strengthens communities, organisations, and society at large.
Through initiatives like “Women Who Power Progress,” LG Electronics continues to champion diversity and inclusion, celebrating women who are not only breaking barriers but actively shaping the future and powering progress across industries.
General News
EFCC Waxes Worriedly over $160Bn Crypto Crime Losses

Economic and Financial Crimes Commission (EFCC) has warned of rising cryptocurrency-related crimes, revealing that illicit digital currency transactions exceeded $160 billion globally in 2025.

Ola Olukoyede, chairman, raised the concern during the inauguration of the United Nations Office on Drugs and Crime Country Programme for Nigeria (2026–2030) in Abuja.
Olukoyede, warned that digital currencies such as Bitcoin are increasingly being exploited by criminal networks to move funds across borders undetected.
According to him, advances in technology, weak regulatory frameworks, and gaps in global financial systems have created fertile ground for cyber-enabled financial crimes.
The anti-graft agency boss stressed that tackling cryptocurrency crime required coordinated national strategies, stronger institutions, and intelligence-driven enforcement.
According to him, the new UNODC programme comes at a critical time when Nigeria and the global community are facing growing threats from organised crime, cybercrime, and illicit financial flows.
Olukoyede described the initiative as a strategic platform to strengthen the rule of law, improve the criminal justice system, and protect citizens from financial and violent crimes.
Musa Aliyu, chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), in his comments, called for stronger inter-agency cooperation.
Aliyu said Nigeria faced interconnected threats, including violent extremism, smuggling, organised crime, and illicit financial flows, warning that no single agency could address them alone.
General News
FG Awards N50m Each to 45 Students under S-VCG

Federal government has awarded N50 million each to 45 students selected from 65 finalists drawn from public and private tertiary institutions nationwide under the Student Venture Capital Grant (S-VCG).

Tunji Alausa, minister of Education, unveiled the initiative at the weekend at the United Nations Development Programme Innovation Hub in Ikoyi, Lagos, describing it as a bold step toward positioning Nigerian youth as drivers of global innovation.
Alausa said the programme marked a significant shift in education policy, aimed at empowering students through innovation, entrepreneurship, and skills development. He noted that the grant offers equity-free funding, mentorship, incubation, and access to digital tools.
He explained that the beneficiaries emerged after a rigorous selection process involving over 30,000 applicants from more than 400 tertiary institutions across the country, culminating in a three-day bootcamp and pitch session before industry experts.
According to the minister, the initiative is designed to transform tertiary institutions into hubs of innovation and economic development, enabling students to move from ideation to commercialisation and become job creators.
“Today is not just another programme event. We are activating a new future for Nigerian students where great ideas are nurtured into impactful solutions,” he said.
Also speaking, Suwaiba Ahmad, minister of State for Education, described student entrepreneurship as a critical national strategy for job creation and economic growth. She emphasised the need for institutions to move beyond theory and support students in translating ideas into viable enterprises.
Similarly, Bosun Tijani, minister of Communications and Digital Economy, commended the initiative, urging beneficiaries to focus on building sustainable and impactful solutions rather than pursuing short-term gains.
He advised students to adopt consistency and long-term thinking, noting that small, sustained efforts could lead to meaningful innovation and societal impact.
In her goodwill message, Elsie Attafuah reaffirmed the commitment of the United Nations to supporting Nigeria’s innovation ecosystem.
She encouraged beneficiaries to refine their ideas, respond to market needs, and contribute meaningfully to national development through innovative solutions.
The minister acknowledged key partners, including the UNDP, Google, and the Bank of Industry, for their support in implementing the initiative and expanding opportunities for young innovators across Nigeria.
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