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Nigeria’s Competitiveness Survey Will Spur Growth-Friendly Policies- NCCN

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By peter oluka

The National Competitiveness Council of Nigeria (NCCN) has said that Nigeria’s first national competitiveness report in November is part of its efforts in driving the viability of States in Nigeria and spurring viable policies for sustainable national prosperity.

Speaking at a press panel discourse on the theme “Competitiveness: The Viable Path to Job Inclusive Growth’”, Chika Mordi, NCCN CEO, explained that the move would help spur growth-friendly policies.

The forum brought together stakeholders in policy advocacy space and also financial, business and economic experts. Panelists at the forum agreed that States were vital to Nigeria’s quest to attaining a productive and viable economy.

According to the NCCN, the index evaluates the competitiveness of Nigeria’s 36 states and FCT through metrics that examine growth, development and productivity potential.

Explaining the findings of the new report to be released by his council, Mordi said, “There were some states where you saw a clear path when it comes to education and skills. What we hope is that the policy and interventions that have worked will be transferred from the states where they have worked to the states that haven’t done it yet. The goal we have is all about poverty reduction. We feel that competitiveness will drive inclusive growth.”

The NCCN report, which was compiled over the last 20 months with support from the Ford Foundation, the Tony Elumelu Foundation, the World Bank and a host of other reputable international organisations, looks into how economically competitive states in Nigeria are.

“What we did was to set parameters for assessing the competitiveness of every state,” Mordi said. And based on parameters that have pillars and sub-pillars around macroeconomics, human capital, infrastructure, trade and around things like settlement and enforcement, we did surveys across the country.”

“We did one of the largest surveys you are going to see in this part of the world. We had 8,000 plus households, over 2,000 business surveys and we had a response rate of 91 percent.

“So we asked them a series of questions about their businesses, their experiences and all of these were plugged into the pillars, after some analysis. We also had primary data that we used as well, and cross-validated all of this information to see where it made sense and cleaned it up.

“Based on those results, we now ranked every state on each pillar, aggregated it and now ranked the states, in terms of their competitiveness.”

The NCCN’s index drew from resources of the World Economic Forum, World Bank, Mexico’s IMCO and HBS’s Prof Michael Porter.

The NCCN also stated that it received funding from Ford Foundation, the Tony Elumelu Foundation, and resource support from the EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) to drive initiatives targeted at fiscal balance, healthy public-private policy contestation and unleashing private enterprise potential.

“The NCCN Sub-National Index is a potent tool for catalysing business-friendly policies that will spur job-rich growth in Nigeria’s 36 states,” NCCN Chief Executive Officer, Chika Mordi said. The findings of NCCN Sub-National Index underscore the salience of state governments in Nigeria’s overall economic growth potential.”

The NCCN sub-national is expected to enable states to identify ways to maximise growth and development potential. State policies and actions hold the key to boosting Nigeria’s overall growth.

It added: “Nigeria faces a well-documented overdependence on oil for fiscal revenue that has stifled incentives for private sector growth and remains insufficient for sustainable poverty reduction.”

According to OPEC, the oil and gas sector accounts for about 35 per cent of gross domestic produc t and petroleum exports revenue represents over 90 per cent of total exports revenue.

Gross capital formation as a percentage of GDP remained inadequate for growth compared to other emerging economies (Algeria 51%, Mexico – 23%, South Africa – 21%, Nigeria – 15%).

Also, operational costs are high, the lack of adequate infrastructure constitutes a binding constraint for manufacturing and agriculture, and structural rigidities suffocate diversification and industrialisation efforts.

“Perhaps the most disturbing aspect of today’s context is Nigeria’s rising youth population, which is an unutilised demographic window of opportunity that is fast turning to a ticking demographic bomb in the form of a massive army of unemployed youths. 62.27% of the population is under the age of 25, Countries such as the US, China, Japan, and South Korea achieved economic growth and poverty reduction by exploiting a similar demographic window of opportunity.

Meanwhile, during the round-table discussion, which was held in Lagos, one of Nigeria’s foremost data analyst companies, BudgIT, said the nation’s current fiscal structure does not motivate state governments to look within and solve their own problems.

BudgIT’s co-founder, Oluseun Onigbinde explained that the current system of federal allocations and bailouts cripples the imagination of state governments to increase internal revenue.

“The incentive is grossly lacking and this is partly because the Nigerian political elites do not like to answer hard questions,” Onigbinde said.

NCCN is a nonpartisan private effort aimed at enhancing the productivity of businesses operating in Nigeria with the ultimate goal of improved socio-economic outcomes for Nigeria,” it added.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

E-Business

Firm Discovered a New Corporate Phishing Technique using a Popular AI Web Development Platform

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Kaspersky has discovered that attackers have begun exploiting another legitimate service for malicious purposes – this time it is Tencent EdgeOne Pages, a platform for creating and hosting web applications.

Attackers are misusing its capabilities to generate phishing emails targeting corporate users. Previously Kaspersky has described similar attacks leveraging Google services and web applications generated by Bubble, an AI-powered app builder, to hunt for corporate credentials.

Employees across multiple industries including the industrial sector, sales, and government are among the targets. The goal of the attack is to steal login credentials for corporate resources. Over the past 30 days, the company’s experts have detected more than 8,000 phishing emails using this tactic, including messages in English, Korean, and Russian.

The Tencent EdgeOne Pages service is positioned as a platform for quickly creating and deploying web applications using AI. Scammers misuse it to generate and publish phishing pages in minutes with virtually no web development skills.

Attackers host phishing pages on EdgeOne’s legitimate cloud infrastructure and use trusted domains. As a result, such sites appear to be established and secure to many protective solutions, complicating the detection of such attacks.

How the attack begins

The user receives an email from the alleged “corporate email support team”. The message states that the account login credentials will expire in 48 hours, and that failure to update them may result in problems receiving or sending emails.

To avoid restrictions, the user is prompted to click a link and enter relevant information. Phishing emails are not limited to this narrative, and could deliver any corporate message, such as a message from the HR department or a notification of a received document that should be downloaded.

Clicking the link in the email opens a page with a form for entering the victim’s name, email address, and password. It is a simple design, with virtually no additional elements.

After the user enters their login and password, the data is transferred to a server controlled by the attackers.

“We are seeing a continuation of the trend in which attackers use AI and no-code platforms as part of their phishing infrastructure. We’ve previously observed a similar scheme using the Bubble platform, and here we have yet another example.

“While the communication used in these phishing attacks is typical and has been used before multiple times, the attack technique itself significantly lowers the barrier to entry for attackers and accelerates the creation of phishing resources.

“Previously this required at least basic web development skills, but now an infrastructure for fraudulent emails can be created in minutes,” comments Roman Dedenok, Anti-Spam Expert at Kaspersky.


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Kaspersky Report Shows Early 2026 Witnessed an Increase in Cyberattacks on the Manufacturing Sector

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According to a new Kaspersky ICS CERT report, in Q1 2026 the percentage of industrial control systems (ICS) on which malicious objects were blocked reached 19.6% globally. Kaspersky security solutions blocked malware from 10,052 different malware families of various categories on industrial automation systems.

Regionally, the share of ICS computers that were attacked ranged from 27.4% in Africa to 9.1% in Northern Europe. Compared to the previous quarter, attacks on the manufacturing sector in Q1 increased in multiple regions, including in Europe and Asia.

Regional split

In terms of overall numbers across all industry sectors, five regions saw an increase in the share of attacked ICS computers in Q1 2026 compared to the previous quarter. These were Southern Europe, Russia, Northern Europe, Canada and Africa.

Industries

In Q1, biometric systems traditionally placed first in terms of the share of ICS computers on which malicious objects were blocked, at 26.4%. These systems commonly have Internet access, are used for email, and, in many cases, have minimal cybersecurity controls within the organisations that use these systems.

Regionally, Southern Europe leads the ranking based on the percentage figures for biometric systems, at 35.15%. Africa follows at 29.58%, and Central Asia comes in third at 28.53%.

In the manufacturing industry, Southeast Asia ranks first among regions in terms of the percentage of ICS computers attacked (23.21%), followed by Africa (21.36%) and South Asia (20.13%).

In 2025, Kaspersky and VDC Research estimated that in just the first three quarters of 2025 cyberattacks on manufacturing organisations via ransomware could have generated over $18 billion globally in losses. Actual business losses could have been even higher when factoring in supply-chain disruptions, reputational damage, and recovery expenses.

“Legacy operational technology systems remain deeply embedded in manufacturing environments, which makes them vulnerable. Supply chain complexity and branching of the trusted partner network expands the attack surface beyond the network perimeter.

Attackers are realising that targeting OT assets of an industrial enterprise is not rocket science, which is why factory shutdowns bring massive financial losses,” commented Evgeny Goncharov, Head of Kaspersky ICS CERT.

 


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NDPC, Meta Launch 2-Year M-SIDP after Regulatory Settlement

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Nigeria Data Protection Commission (NDPC) has launched the Meta-Supported Initiatives for Data Protection (M-SIDP), a strategic programme aimed at strengthening data privacy awareness, regulatory compliance and institutional capacity across Nigeria’s digital ecosystem.

NDPC, Meta Launch 2-Year M-SIDP after Regulatory Settlement

The initiative follows the conclusion of regulatory proceedings involving Meta Platforms Inc., the parent company of Facebook, Instagram and WhatsApp, over concerns relating to the processing of personal data belonging to Nigerian users. The matter was resolved in 2025 through a court-approved settlement.

Under the agreement, Meta committed to supporting a two-year programme of public-facing data protection measures designed to advance the objectives of the Nigeria Data Protection Act (NDP Act) 2023, the General Application and Implementation Directive (GAID), and the NDPC Strategic Roadmap and Action Plan (SRAP) 2023–2027.

Announcing the initiative, the Commission said the programme would strengthen safeguards for data subjects while promoting responsible data processing practices among organisations operating in Nigeria.

According to a statement signed by Itunu Dosekun, head of the NDPC Media Unit, the programme will focus on governance, research and development, safety and sustainability mechanisms for technology ecosystems, capacity building for Data Protection Officers (DPOs) and Data Protection Compliance Organisations (DPCOs), as well as public awareness campaigns targeted at vulnerable groups.

The Commission stated, “As part of the settlement, Meta committed to supporting a two-year programme of public-facing data protection measures that aligns with the objectives of the Nigeria Data Protection Act, 2023 (NDP Act), the NDP Act General Application and Implementation Directive (GAID) and the NDPC Strategic Roadmap and Action Plan (SRAP) 2023–2027.”

The NDPC stressed that the settlement does not limit its regulatory authority.

“Nothing in this settlement limits the Commission’s independent statutory powers as we continue to exercise our regulatory mandate in relation to data processing activities in Nigeria, in accordance with the NDP Act and other applicable laws,” it stated.

The development comes amid rising global scrutiny of technology companies over data privacy practices, with regulators in regions including the European Union and the United States tightening enforcement against breaches and non-compliance.

Nigeria has also intensified efforts to strengthen its privacy framework following the enactment of the Nigeria Data Protection Act in 2023, which established the NDPC as an independent regulator empowered to monitor compliance, investigate violations and impose sanctions.

Industry experts warn that increasing digital adoption across banking, telecommunications, e-commerce, healthcare and public services has heightened risks of identity theft, cybercrime and unauthorised data sharing.

The NDPC has in recent years stepped up enforcement actions against organisations that violate data protection rules, while also expanding accreditation for Data Protection Compliance Organisations and training for privacy professionals.

The Meta-supported initiative is expected to address gaps in public awareness and technical capacity, while also supporting research and policy development on emerging issues such as artificial intelligence, cross-border data transfers and platform governance.

The Commission said it would provide periodic updates on the implementation of the programme and called on stakeholders to support efforts to build a secure, transparent and accountable privacy ecosystem in Nigeria.


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