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Nigeria’s Position in MINT Economy Revolves Round IT-Experts

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Ngozi Okonjo-Iweala, Coordinating Minister for the Economy
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Information Technology (IT) experts unanimously agreed that Nigeria can leverage on its position in the MINT economy by exploring all aspects of information technology and intelligence.

Addressing guests at the Digital Africa Conference and Exhibition in Lagos, on Monday, Mrs Omobola Johsnon, minister of Communication technology, said the national ICT policy reflects the countries yawning to play at the global stage in the IT/ICT sector.

The Minister represented by Engineer Peter Jack, director general of NITDA, said that various policies articulated by the Ministry since its establishment in 2011 are geared towards opening the sector for the public and private sectors to jointly articulate projects that will reflect global trends in the ICT industry.

Dr. Evans Woherem, executive chairman, Digital Africa Global Consults, while welcoming guests to Conference and Exhibition, said there is socio-economic dimension of the exponential growth in IT.

He said, for example, in the nearest future more and more robots will take away not only jobs by blue collar workers but even the jobs of white collar workers including managers and professionals.

“As this happen, it means that capital is becoming labour thus blurring the demarcation between capital and labour.  In fact, the prediction that Nigeria is part of the MINT nations is largely based on our population size. So, what if IT or robots in particular also become labour by working and displacing humans, then it means that some of the advantages provided by labour has been eroded. So where lies the population advantage of countries like Nigeria?

“We have an exponential world. How do we ride it, or shape it, instead of merely reacting to it, to how it unfolds? My argument has always been that Africa should not sit idly by while the future of the world it will participate in, live in, is created elsewhere. Africa should be part of the debate or discourse on how to shape the exponential technologies to provide us a desired future.

“The idea of the exponential new techs is that they seem unbelievable and products of science fiction and yet they are already here with us. Africa should note them as they denote some of the revolutionary products out there that we have to take into consideration as we play catch up.

“I am suggesting that Africa needs Techshops. They are places with all the materials, to produce things, e.g., cutting and shaping machines, as well as the laboratory or factory environment that anybody requires to make anything imaginable. Many people in Africa, especially the youth have numerous ideas of what they want to make but for the fact that there are no Techshops that can assist them to do so.

“Africa needs either through the private sector or public sector, to own Techshops here in Africa. It will unleash a season of creativity and innovation in Africa. This is a pure case of democratization of technology and knowledge.

On his part, Mr Folusho Philips, chairman of the occasion said, said the African market must be unlocked to enable individuals and countries harness the potentials the market posses.

He said that Nigeria and African IT experts must be focused on developing models that will enable the continuity in achieving digital singularities.

He added that the industry needs to develop platforms for keen enthusiasts of IT unleash development in all sectors of the economy.

He added that the Conference portends something very positive for the IT industry in the country, for IT diffusion both in private and public sector organisations and for eGovernance.

The event tagged, “Towards Digital Singularity in Africa,” is expected to raise though provoking topics to address quantum of developmental challenges facing Africa, that lags behind other continents of the world in technology acquisition.

Other continents, especially the Americas, Europe and Asia seem to be on steroids in acquiring and adopting new technologies.

However, in Africa, there is no sense of urgency in this regard at all.

The experts re-emphasized that Information and Communication Technology (ICT) is changing the world; transforming governance, agriculture, health, oil and gas, and financial services, among other sectors, by driving effective and efficient performance largely for the benefit of the governed, consumers and corporations.

Picture: a cross section of delegates to the Digital Africa Conference and Exhibition which commenced in Lagos yesterday.

 

 
 


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E-Business

CAC to Prosecute Business Owners Operating Without Registration

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Corporate Affairs Commission (CAC) has reaffirmed its commitment to enforcing business registration laws in Nigeria, warning that individuals and organizations operating unregistered businesses will face prosecution.

In a statement, the CAC emphasized that conducting business without proper registration violates the Companies and Allied Matters Act (CAMA) 2020, undermining transparency and accountability in the corporate sector.

The commission stressed that registration is not only a legal requirement but also a gateway to formal business opportunities, including access to bank loans, government grants, and partnerships.

The enforcement drive will be nationwide, targeting small and medium-sized enterprises (SMEs), online vendors, and informal traders who have failed to comply despite previous awareness campaigns and registration amnesty windows.

The CAC disclosed that enforcement teams, in collaboration with security agencies, will be deployed to identify and prosecute defaulters.

The commission urged business owners to take advantage of its simplified registration platform to regularize their status, noting that compliance will boost investor confidence and improve Nigeria’s ease of doing business. It warned that ignorance of the law will not be accepted as an excuse.

Business owners are advised to act promptly to avoid legal consequences, as the CAC moves to ensure a more structured and regulated business environment in Nigeria.


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NCC Vows to Tackle Online Infringement, Block Illegal Music Websites

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Nigerian Copyright Commission (NCC) has pledged to enforce its legal obligations to combat online intellectual property infringement and urged commercial music users to obtain proper licences from rights holders or their representatives.

NCC Vows to Tackle Online Infringement, Block Illegal Music Websites

The Commission stated that this ensures creators are fairly compensated, supporting the music industry’s sustainable growth.

In a statement commemorating the 2025 World Intellectual Property Day, themed “IP and Music: Feel the Best of IP,” the NCC announced plans to enforce the Copyright Act 2022, which allows for the takedown of infringing materials and blocking of websites hosting illegal content.

Signed by Mrs Ijeoma Egbunike, director of Public Affairs, the statement outlined an aggressive anti-piracy campaign in collaboration with the private sector, targeting the online environment.

Egbunike affirmed the NCC’s commitment to establishing enforceable standards for transparency, digital audits, and real-time royalty reporting to protect creators’ rights. She stated, “The NCC will continue to champion policies that support the growth of the music industry, improve the livelihoods of Nigerian musicians, and foster a culture of creativity and respect for intellectual property.”

Despite the global success of Afrobeats and other Nigerian genres, the NCC noted that many musicians face low royalty returns due to rampant digital piracy.

To address this, the Commission revised its Collective Management Regulations to enhance transparency and accountability among Collective Management Organisations (CMOs).

The NCC emphasised that proper licensing is a legal obligation and vital for Nigeria’s creative economy, stating, “Music must feel the beat of intellectual property for the full potential of creativity to be realised.”

The Commission highlighted that creators’ livelihoods depend on fair royalty compensation.

Recent enforcement measures include the NCC’s designation by the Attorney-General of the Federation as an authority under the Proceeds of Crime (Recovery and Management) Act 2022.

This, combined with the Copyright Act 2022, empowers the NCC to order takedowns and block illegal music distribution websites.


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FG Warns Nigerians Against Growing Threat of Cyber Slavery in West Africa

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The Federal Government, has warned Nigerians against the growing threat of cyber slavery within the West African sub-region.

The Ministry of Foreign Affairs, in a statement issued in Abuja by Kimiebi Imomotimi Ebienfa, acting spokesperson, noted with grave concern the alarming rise of cyber slavery across parts of West Africa, targeting Nigerian citizens, particularly vulnerable youths.

The government said many young Nigerians, including underage teenagers, were lured out of the country under the false promise of lucrative employment opportunities abroad, particularly in crypto-related operations.

According to the government, “In reality, these individuals are trafficked into sophisticated scam operations and enslaved to work in criminal “call centres” — often referred to as “419 cyber-scam factories.” There, they are forced under coercive and inhumane conditions to send thousands of fraudulent emails, text messages, and calls aimed at defrauding victims worldwide.”

The government also noted with dismay, a recent incident where the Economic and Organised Crimes Office (EOCO) in Accra, Ghana, rescued and detained a group of Nigerians forced to engage in cybercrime activities under inhumane conditions.

“This incident highlights the severe exploitation and abuse associated with cybercrime operations. It also underscores the need for enhanced efforts to combat such multibillion-dollar criminal networks and mitigate the susceptibility of victims.

“The Ministry strongly warns all Nigerians, especially the youths and parents, to exercise the utmost caution when presented with job offers, particularly those promising easy money, overseas travel, or remote work involving cryptocurrencies.

“Nigerians are therefore advised to verify all employment offers through official channels and report suspicious cases to relevant authorities for necessary investigation and action to curtail the activities of the perpetrators.

“The Ministry wishes to assure the general public that, as a precautionary measure to address this unfortunate situation, the Federal Government is working closely with regional partners, law enforcement agencies, and international organizations to tackle this heinous crime, rescue victims, and bring perpetrators to justice.

“The Ministry remains committed to protecting Nigerian citizens at home and abroad and will continue to raise awareness about emerging threats to the welfare and dignity of our people,” the statement read.


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