General News
Nigerian Youths, Technology & the Future
In this digital age, the backbone of every economy is hinged on Technology with entrepreneurship driving the growth of the entire system.
We see Technology powering every facet of human endeavor, enabling effective governance, empowering security, driving economic and social changes.
No nation especially the developing countries can afford to neglect the importance of technology if they want to be relevant in future.
Going by the projections from Gartner, Information Technology spending will nearly hit $4 trillion threshold by the end of this year and then Software spending will be $158 billion in 2016.
The positive economic indexes coming from Nigeria as an emerging market, we are certainly a centre of global attraction.
The most unfortunate thing is we are yet to realize some of these inherent potentials as to take rightful position to benefit from them, this is our greatest undoing!
I have often times stated that for a country like Nigeria, the realities of achieving the UN Millennium Development Goals(MDGs) within the given time will still be an illusion if we do not quickly channel the strength of the young population into exploring ways of creating wealth and opportunities through the use of Technology.
It is obvious that Nigerian youths when given the right technology tools and support can create products and services that will impact on the economy of the country positively, perhaps this could be the panacea to unemployment.
Just as a recent report released from the research done by Omidyar Network on Accelerating Entrepreneurship in Africa, shows that despite the challenges entrepreneurs in Nigeria face like lack of easy access to capital, infrastructural and power deficiencies etc., there is a positive and strong entrepreneurial culture in Nigeria driven by the young population.
This shows that many young Nigerians are eager to become entrepreneurs if given the needed support in an enabling environment!
As a startup founder, observing, facilitating and following the Tech trends (www.techtrendng.com) in Nigeria over the years, this is one of the most interesting times in terms of the realities and possibilities of technology entrepreneurship amongst young people.
In that spirit, many young Nigerians despite the daunting challenges are working so hard to build tech Start-Ups that will be globally competitive. These young Techpreneurs are continuously placing Nigeria in the eyes of Global media attracting investment and re-branding the image of the nation.
At the just concluded Mobile Web West Africa conference held in Lagos, the event which is a leading Mobile-focused conference tracts the development and trends in the Mobile ecosystem in the region.
The conference which x-rays the impact and economic potentials of Mobile devices and Applications, saw delegates from leading Mobile business all over the world participate.
The most amazing thing at that conference was seeing a lot of young Nigerians, who have started their own Tech Startups as Software and Application developers.
The passion and drive seen in these young people can only be likened to what our Super Eagles football team did at the last African Cup of Nation-#winning!
A good number of these young people who also live in Nigeria are making headlines and grabbing attention internationally.
Talk about Iroko Partners, Jumia, Konga, Jobberman, Kaymu,Paga,TruSpot,The Inye Tablet etc are a few of such Tech businesses attracting great funding from international organizations and corporations.
The Beni American University- an Online University founded by the 24-year old Gossy Ukanwoke is one Startup that needs mentioning. Ideas like the iPolice, iConnect, iWatch, BudgIT, Enough is Enough Nigeria, social media platforms and bloggers are many of such driving social changes in Nigeria and have received global recognitions. The Maliyo games, Kuluya games, Danfo Driver games, AfriNolly etc. are all driving Nigerian content into relevance.
The effort of the duo- Bosun Tijani and Femi Longe, Founders of Co-creation Hub (CcHub) Nigeria is worthy of mentioning.
The CcHub which is at the centre of tech innovation amongst young people in Nigeria is Nigeria’s first open living lab and pre-incubation space designed to be a multi-functional, multi-purpose space where work to catalyze creative social tech ventures take place.
It is a place for technologists, social entrepreneurs, government, tech companies, impact investors and hackers in and around Lagos to co-create new solutions to the many social problems in Nigeria.
The organizers of Mobile Monday are doing their bits too.
The Women in Technology in Nigeria organization is at the heart of grooming and mentoring Young Girls in becoming Techpreneurs.
Recently they organized a Mobile Application Development Competition for young girls in secondary schools in Nigeria; I saw many Mobile apps developed by these Young girls.
One of such Apps is a Traffic Monitoring App developed by the Princeton Girls for ICT, their project was showcased in the US at the Technnovation competition in May 2013.
The Software Nigeria Challenge for Higher Education Community in Nigeria powered by the Institute of Software Practitioners of Nigeria (ISPON) has seen many Applications being developed by young people.
Seeing the great potentials in these young Nigerians, several Multi -national Companies like Google, Microsoft, Nokia, Blackberry, Tecno are harnessing the potentials of these young app developers in building their platform and also supporting the growth of the ecosystem.
And then the critical question is-What is the Government doing to facilitate the growth of Youth Tech Entrepreneurship in Nigeria? Indeed, over the years Government has not played their role in creating the enabling environment for these young Tech entrepreneurs to thrive; it seems government is beginning to appreciate the importance as seen by the recent effort of the newly created Ministry of Communications Technology led by Mrs. Omobola Johnson.
The ministry has set up Software Venture Fund, commissioned two software incubation centers in Lagos and Calabar, inaugurated a Technology Innovation Committee, these are all steps in the right direction which are commendable but a whole lot needs to be done by government to support technology entrepreneurs in Nigeria.
One of the major tasks of government is not to be a player but to help structure, facilitate and promote the growth of the ecosystem in Nigeria where Venture capitals, Accelerators, Incubators, Angel investors, the Private Public Partnership, the academics, Multinational Companies will be stakeholders in the ecosystem driving innovation.
And then most importantly, the right people with hands- on experience in Tech entrepreneurship should be involved to make these projects by government achieve the desired goals.
For other young people who are yet to embrace techpreneurship, this few advice can be of great help seeing what the future holds.
Learn the necessary skills in Technology: With the way things are going, not every skill, vocation or training will be relevant for the future. It is time for more young Nigerians to get into the field of Software Engineering, Microelectronics, Nanotechnology, Computer and information sciences, Physics, Mathematics and related courses.
Here, am not just talking about getting the certificate or degrees and then go to look for a job, am talking about learning it so you can start up something with what you have learnt, you begin to create value in the society as well.
Generate Ideas from problems around You: Nigeria is faced with a lot of problems no doubt; it simply means that there are a lot of opportunities in finding the solution to those problems.
Studying the problems and proffering a solution to them using technology is what am talking about here. Generate ideas that will address those problems like poverty, lack of quality Education, unemployment, social changes, bad governance, environmental challenges, Technology deficiency, health and many others.
As Mobile is said to be the future of Africa, explore the use of Mobile phones and Mobile Internet then Mobile Applications; these are growing so fast in Africa. Jeff Bezos, the founder of Amazon.com said this about the Internet just before he started” Anything growing that fast is going to be ubiquitous very quickly” Seeing this about the Internet at that time motivated him to start Amazon.com and today Amazon is a leading Tech company in the World. m-Commerce , m-Health, m-learning, m-agriculture, m-governance, m-social etc. offer new opportunities.
Imbibe the Success Attitude: The words of Thomas Edison, the great inventor suitably summarizes the attitude you need to have as an aspiring techpreneur.
He said” The most important factors of invention can be described in few words. They consist first of definite knowledge as to what one wishes to achieve, one must fix his mind on that purpose with persistence and begin searching for that which he seeks, making use of all accumulated knowledge on the subject. He must keep searching no matter how many times he may meet with disappointment. He must refuse to be influenced by the fact that someone else may have tried the same idea without success. He must keep himself sold on the idea that the solution of his problem exists somewhere and that he will find it. When a man makes up his mind to solve any problem, he may at first meet opposition, but if he holds on and keeps on searching, he will be sure to find some sort of solution.
The trouble with most people is that they quit before they start. In all my experiences, I do not recall having ever found solution to any problem connected with my work on my first attempt. And one of the most surprising things is the fact that when I discovered the thing for which I am searching, I generally find that It has been within my reach all the time; but nothing except persistence and a will to win would have revealed it”
Omeruo, Editor www.techtrendsng.com sent via [email protected]
General News
Indigenous Firm Deploys 400,000 Smart Electricity Meters in 2025

MOJEC International Limited has revealed that it deployed over 400,000 smart meters nationwide in 2025, representing a significant year-on-year growth for the indigenous smart meter manufacturer.

This performance reflected a 33.3 percent increase over the 300,000 meters deployed in 2024, highlighting the scale and acceleration of MOJEC’s metering operations.
Chantelle Abdul, group managing director, attributed the sustained impact to deliberate investments in infrastructure, people, and technology.
“MOJEC operates two state-of-the-art meter production facilities with a combined installed capacity of up to five million meters annually. This scale enables us not just to meet current demand, but to support Nigeria’s long-term metering and energy efficiency goals,” she said.
She further noted that MOJEC’s expansive installer ecosystem, comprising over 5,000 trained professionals nationwide, remains a critical enabler of its delivery advantage, ensuring speed, quality, and compliance across diverse terrains and markets.
The company stated that the deployment surge reflected growing confidence by Distribution Companies (DisCos) and sector stakeholders in MOJEC’s technical capacity, delivery speed, and end-to-end metering solutions.
According to Monday Ubogu, MOJEC’s head of installation, the scale and consistency of delivery set the company apart.
“Within the first three quarters of the year, MOJEC completed about 300,000 installations, accounting for roughly 40 percent of total installations nationwide during that period.
“The momentum continued into the final quarter with an additional 150,000 meters deployed, highlighting our operational depth and nationwide reach,” he said.
Ubogu added that MOJEC’s performance builds on decades of sector engagement, spanning key national metering initiatives including CAPMI, MAF, Vendor Financing, MAP Phases I & II, and NMMP 0, with the company having deployed nearly four million meters since the privatisation of NESI.
According to the company, a substantial portion of the deployment was driven by MOJEC Meter Asset Management Company (M3AC), the Group’s asset management subsidiary, which accounted for about 350,000 installations.
General News
Globacom Donates ₦1Bn to Lagos State Security Trust Fund

In its bid to contribute its quota to the consolidation of security in Nigeria’s commercial capital, Lagos, telecommunications giant, Globacom, has thrown its weight behind the Lagos State Security Trust Fund (LSSTF) with a donation of ₦1 billion.

The generous donation was announced at a Private Sector Breakfast Meeting with CEOs, convened at the instance of the Executive Governor of Lagos State, Mr Babajide Sanwo-Olu, on Friday, January 30, 2026 and shows the company’s commitment to fostering public safety which would in turn, culminate in enhanced prosperity and social re-engineering in the state.
The donation, which is the biggest private-sector intervention from the telecommunications sector to the Fund in recent years, again shows that Globacom is a responsible, responsive and people-oriented corporate citizen.
Globacom disclosed that the intervention emphasized deeper collaboration between government and the state’s business community especially in relation to security, innovation and economic resilience—an agenda which the digital solutions company has unabashedly supported through sustained social investments.
The Executive Secretary/CEO of the Fund, Dr. Ayo Ogunsan, in his display of appreciation described Globacom’s largesse as “a powerful demonstration of corporate citizenship and a strategic investment in the stability of Lagos State,” saying since LSSTF was established to bridge funding gaps in security infrastructure, it desired voluntary contributions from corporate bodies and well-meaning collaborators.
Dr. Ogunsan promised that the ₦1 billion donation will significantly enhance the Fund’s capacity to address critical priorities for 2026, including multipurpose security helicopters and drones, Armoured Personnel Carriers (APCs), water cannons, digital communication equipment and Smart CCTV systems. These assets, he added, were germane to proactive policing, rapid response and intelligence-led operations across the state.
He therefore encouraged Lagosians to support businesses that invest in the safety and development of the state, saying, “When companies step forward to secure our environment, residents should reciprocate by patronizing them. Their support directly impacts the protection of lives, property and economic activity.”
A statement from Globacom explained that the donation was an expression of the company’s staunch belief in Nigeria’s future. “At Globacom, we see security not as a government burden alone, but as a shared responsibility. When people feel safe, enterprise grows, creativity flourishes and hope becomes practical. Our support for the LSSTF is about protecting the everyday dreams of millions of Lagosians,” he noted.
With this donation to the LSSTF, Globacom has furthered its tradition of investing directly in the conditions like safety, confidence and stability which help commerce to thrive. Consequent on the support, LSSTF is gingered to raise the bar of security thereby concretizing Lagos State’s position as Nigeria’s safest and most vibrant commercial hub.
This recent financial intervention from Globacom is in tandem with its avowed commitment to social responsibility that is practical, timely, scalable and aligned with national priorities.
The company’s interventions in the past decades have spanned relief efforts for flood-affected communities, support for displaced persons, advanced youth skills through structured training programmes, and investments in education, culture and digital inclusion.
General News
WIEG to host Nigeria’s first International Investment Summit in Lagos

World International Economic Group (WIEG) Nigeria has announced plans to host its inaugural International Investment Summit on Feb. 25 and 26 at the Four Points by Sheraton Hotel, Oniru, Victoria Island, Lagos.

WIEG
The summit, themed “Nigeria’s Next Frontier: Unlocking Sustainable Investments for Economic Transformation,” is aimed at connecting investment-ready Nigerian enterprises with global capital while addressing long-standing challenges facing micro, small and medium enterprises (MSMEs), cooperatives and women-led businesses.
Speaking at a pre-summit press conference on Friday at Compact Communications Ltd., GRA Ikeja, Lagos, Mr. Bassey Essien, WIEG’s Project & Event Consultant said the summit would serve as a structured platform linking policy, finance and enterprise growth.
Essien identified limited access to structured funding, poor investment readiness and weak documentation as major barriers confronting Nigerian businesses, despite the availability of domestic and international capital.
“Enterprises that succeed understand the importance of preparation. Some invest as much as N200 million in professional feasibility studies to meet the standards of banks and institutions such as the African Development Bank. That level of preparation enables access to collateral-free funding,” he said.
According to him, weak policy continuity, inadequate post-intervention monitoring and fragmented regulatory frameworks have continued to undermine business growth in the country.
“Policies often change with governments, and there is little tracking after interventions. More importantly, many businesses are not prepared in ways financiers require,” Essien noted.
He explained that the summit would convene policymakers, investors, development finance institutions and pre-screened MSMEs and SMEs operating in priority sectors, including the creative industry, agriculture, energy transition, finance and aviation.
Essien described the creative sector as a major contributor to Nigeria’s economy, accounting for about 2.5 per cent of the Gross Domestic Product, but said weak financing structures, piracy and poor intellectual property (IP) protection had limited its growth.
Highlighting the summit programme, he said Day One would feature conferences on macroeconomic issues, policy reforms and enterprise growth, while Day Two would focus on sector-specific deal-making roundtables.
“These deal rooms will be organised by sector — from aviation maintenance, repair and overhaul (MRO) to renewable energy — with lawyers, financiers and policymakers present to fast-track transactions,” he said.
Essien added that the Nigerian Investment Promotion Commission (NIPC) would be present to ensure post-event monitoring and tracking of investment deals concluded during the summit.
He disclosed that the creative economy segment would be supported through partnerships with the Association of Movie Producers of Nigeria (AMP) and financial institutions to fund viable projects in Nollywood, music and fashion.
“Intellectual property regularisation is critical. Once ideas are properly documented and protected, investors gain confidence,” he said.
On energy and aviation, Essien said the summit would spotlight renewable energy solutions to reduce dependence on generators and promote the establishment of commercial MRO facilities to curb the high cost of aircraft maintenance abroad.
He also announced the participation of B Lab Africa, a U.S.-certified organisation focused on environmental, social and governance (ESG), diversity, equity and inclusivity standards, noting that the initiative would help small businesses improve governance and access global funding.
Essien revealed that investment commitments estimated at about 500 million dollars were expected to emerge from the summit.
“This is a private-sector-led, non-partisan initiative that places no financial burden on government. It is focused on job creation, empowering women-owned enterprises and improving investor confidence through transparent and secure processes,” he said.
He urged Nigerian entrepreneurs and SMEs to prioritise proper documentation, professional advisory services and IP protection to position themselves for sustainable growth.
“We are creating a structured pathway from policy to capital to enterprise growth,” Essien added.
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