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NITDA A Catalyst For IT Driven Economy — Pantami
Dr. Ali Pantami, Director-General, National Information Technology Developmental Agency (NITDA), has said that the agency is a catalyst for transforming Nigeria into a knowledge-based and IT-driven economy
He stated this over the weekend at the 9th edition of the eWorld Forum 2018, held at Oriental Hotel, Lagos.
Pantami, who was represented by Mrs Chioma Okee-Aguguo, Head, South West Zonal Office, said that they are at the forefront of digital transformation in the country, adding that digital transformation would trigger rapid economic growth in the country.
He noted that the agency came up with a Roadmap and an Action plan to develop the ICT sector of the country and digitally transform our nation.
According to him, “Our Roadmap for digital transformation is based on the following 7 pillars which are Information Technology Regulation, Capacity Building, Digital Job Creation, and Local Content Development and Promotion.
The remaining pillars include Government Digital Services, Cyber Security, and Digital Inclusion”.
He said that contrary to widely held beliefs, regulation provided a level playing ground required for the ICT industry to support the digital transformation drive of the country.
“As part of our activities in this area, we have strengthened our role in the clearance of all government funded ICT projects.
“We have embarked on this clearance process in order to harmonise the implementation of IT projects within MDAs, provide value-for-money for all projects funded by the government, avoid undue duplication, reduce the cost of implementing IT projects in Nigeria and ensure that the IT projects are sustainable,” he said.
The DG added that the agency had succeeded in saving the Federal Government billions of naira and had significantly improved the likelihood of success of the projects.
He said that NITDA has also assisted state governments to develop IT Policies and Strategic Plans, as a way of building their capacity to regulate and develop the ICT sector in their areas of strength.
According to him, in addition to these, the agency is ensuring that all sovereign data as well as data regulated and hosted by the government through its MDAs, are repatriated and hosted in Nigeria.
He stated that as part of the transformation process, the agency is involved in capacity building through scholarship offered at the PhD and Masters levels to improve expertise and provide quality personnel at workplaces.
“We live in an era of disruptive technologies and technologies such as Internet of Things, Cloud Computing, Block Chain and Big Data Analytics, will define the future of the sector.
“We have partnered with the industry to train a critical mass of Nigerians in these areas.
“With digital transformation comes a transformation of the workplace.
“’The skills and types of jobs of today are very likely to be antiquated tomorrow.
“It is necessary for us to have the foresight to begin the transformation of the workplace,” he stated.
Pantami said that this was one of the reasons the agency identified Digital Job Creation as one of the seven pillars and establishing Digital Job Creation Centres (DJCC) across the country.
According to him, these centres empower users to set up businesses that incorporate cutting edge digital technologies.
“We want these centres to be triggers for the development of jobs that can thrive in this Fourth Industrial Revolution.
“Jobs that evolve with the needs of the citizens and take advantage of cutting edge technologies.
“The media industry is a very dynamic one and we have provided some of the latest media and editing software at the DJCC.
“This will enable users of the Centre to create new streams of businesses for the benefit of our national economy,” the DG said.
He identified rapid growth in the number of cybercriminals and the increased sophistication of cybercrimes as some of the negative effects of digital transformation.
The director-general said that through NITDA’s pillar on cybersecurity, such threats were being tackled to safeguard Nigerians in cyberspace.
He also said that the digital inclusion pillar ensured the ability to include all strata of society in the country’s digital transformation efforts.
According to him, NITDA has programmes that have captured persons living with disability, prison inmates, as well as women and girls, to mention a few.
MTN Foundation hosted its annual Anti-Substance Abuse Programme (ASAP) Conference on July 9, 2025, at the MTN Rooftop in Ikoyi, Lagos, bringing together stakeholders from government, healthcare, education, security, civil society, and the private sector to address the growing challenge of drug abuse among Nigerian youth.
L-R: Tobe Okigbo, Chef Corporate Services Officer, MTN Nigeria; Archieabia Ibinabo, Assistant Commander General of Narcotics, representative of Brig. Gen Mohammed Buba Marwa, Chairman/CEO, National Drug Law Enforcement Agency (NDLEA); Barrister Abimbola Salu-Hundeyin, Secretary to the Lagos State Government, (representative of His Excellency, Governor of Lagos State, Mr. Babajide Sanwo-Olu); RT. Honourable Princess Lasbat Mojisola Meranda, Deputy Speaker, Lagos State Assembly; Dr. Mosun Olusoga, Chairman, MTN Foundation; Odunayo Sanya, Executive Director, MTN Foundation, and Dr. Tolu Ajomale, Head of Special Projects and Mental Health, Lagos State Ministry of Health (representative of Prof. Akin Abayomi, Commissioner for Health, Lagos State) during the MTN Anti-Substance Abuse Programme (ASAP) Lagos Conference held in commemoration of World Drug Day at the MTN Rooftop, Ikoyi, Lagos on Wednesday, July 9, 2025.
Prominent attendees included Dr. Mosun Olusoga, Chairman of MTN Foundation; Barrister Bimbola Salu-Hundeyin, Secretary to the Lagos State Government; and Dr. Tolu Ajomale of the Lagos Ministry of Health, among others. Also present were representatives of NDLEA, UNODC, academia, psychologists, recovery advocates, and youth leaders.
Speaking on behalf of Governor Babajide Sanwo-Olu, Salu-Hundeyin reaffirmed Lagos State’s commitment to safeguarding its youth and fostering a future free from substance abuse. Dr. Olusoga emphasized that drug addiction extends beyond health, touching families, communities, and national well-being, calling for proactive, united action.
MTN Nigeria’s Chief Corporate Services Officer, Tobe Okigbo, stressed the company’s long-standing dedication to youth development through initiatives like ASAP. NDLEA’s Assistant Commander General of Narcotics, Archieabia Ibinabo, representing Brigadier General Buba Marwa, commended MTN Foundation as a vital ally in drug prevention efforts.
The conference featured personal stories of recovery in a session titled “Journeys Through the Fire,” followed by a panel discussion on multi-sectoral solutions to substance abuse. It concluded with a dramatic performance, “Just One Breath,” by LASU’s WADA Club, illustrating the personal and societal toll of drug use.
Executive Director of the MTN Foundation, Odunayo Sanya, closed the event with a powerful call to action, urging media, communities, and policymakers to drive sustained investment in youth empowerment and early intervention.
The Foundation reaffirmed its commitment to building resilience among young Nigerians and catalyzing cross-sector partnerships for a drug-free future.
MUSON Centre, Onikan, Lagos, was filled with music, pride and emotion on Thursday, July 4, as the Class of 2025 of the MTN Foundation–MUSON Diploma in Music graduated in a ceremony that celebrated discipline, artistry and the power of partnership in nurturing young Nigerian talents.
The event marked the culmination of two years of intensive training for the graduating scholars, supported by the MTN Foundation–MUSON Scholarship Programme. This partnership has provided full scholarships to hundreds of talented Nigerians, giving them access to world-class music education and helping them hone their skills as professional musicians.
Speaking at the ceremony, Dr. Mosun Olusoga, Chairman of the MTN Foundation, praised the graduates for their resilience and dedication. “Despite personal and financial obstacles, you showed up with determination, supported one another and embodied the values of excellence and empathy. You are stepping into the world as teachers, performers and cultural advocates. Nigeria and the world need your music now more than ever,” she said.
Chairman of MUSON’s Board of Trustees, Louis Mbanefo, SAN, reflected on the legacy of MUSON and the impact of its partnership with MTN. “Through the generosity of MTN and the dedication of our faculty, MUSON has produced more than 500 graduates who are making significant contributions to Nigeria’s cultural scene and beyond. As you join this vibrant alumni community, remember your responsibility to give back, uphold excellence and enrich the nation’s musical heritage,” he said.
Director of the MUSON School of Music, Princess Banke Ademola, described the graduates as ambassadors of discipline and artistry. “Today, we are not just sending graduates into the world; we are releasing ambassadors of discipline, creativity, and cultural excellence. Each of you has proven that with hard work and resilience, music can transcend challenges and inspire change. Go out there and let your music heal, connect, and transform lives.”
In her speech, Chief Mrs. Joke Chukwuma, Yeye Oba Iye of Ekiti Kingdom, encouraged them to use their music to inspire change and heal communities. “Music is the heartbeat of our culture, and today’s graduates are its future custodians. You are not just musicians; you are storytellers and architects of emotion. Carry your craft with pride and remember that your sound has the power to give voice to the voiceless and light to the world.”
As the graduates received their diplomas to loud applause, the event highlighted the impact of public-private collaboration in advancing Nigeria’s creative industries. The MTN Foundation–MUSON partnership continues to inspire hope for the future of music in Nigeria, turning dreams into reality and passion into excellence.
Nvidia has become the first publicly traded company to hit a $4 trillion market valuation, surpassing tech giants Apple and Microsoft. Shares rose 2.5% in early trading on Wednesday, July 9, lifting the chipmaker’s market cap past the historic milestone.
Nvidia’s rapid rise reflects its dominant role in powering the global artificial intelligence boom. The company’s chips run the data centers behind AI models and cloud services for Microsoft, Amazon, Google, and more. Global spending on AI infrastructure is expected to top $200 billion by 2028, driving further demand.
Nvidia’s revenue for the quarter ending in April soared 69% year-over-year to $44.1 billion. Its stock has climbed nearly 20% this year, despite facing export restrictions and fresh competition from China’s DeepSeek, which briefly rattled markets. Nvidia shares dropped as much as 37% from January to April, before roaring back to gain almost 74% since early April.
Analysts say Nvidia’s success cements it as the backbone of the AI revolution. “There is one company in the world that is the foundation for the AI revolution, and that is Nvidia,” wrote Wedbush Securities’ Dan Ives. He predicts Microsoft, currently valued around $3.77 trillion, will also cross the $4 trillion threshold later this summer.
Nvidia rose to prominence through graphics cards loved by gamers, but now leads in AI hardware, from autonomous vehicles to next-gen chips like the Blackwell Ultra, which promises to support more advanced reasoning in AI models.
The company’s surge has also made CEO Jensen Huang one of the world’s richest people, with a net worth of roughly $140 billion. Huang has met with President Trump and joined other tech leaders on trips abroad, as Nvidia partners in major initiatives like Project Stargate, a $500 billion push to expand US AI infrastructure.
Despite challenges from new players and US-China trade tensions that cost it an estimated $2.5 billion last quarter, Nvidia’s outlook remains bright. On a May earnings call, Huang said AI would become essential for “every country” and “every industry,” from software and healthcare to manufacturing and transportation.
Some on Wall Street believe Nvidia’s rise is only beginning. Loop Capital analysts recently projected the company could reach a staggering $6 trillion valuation by 2028, calling it “essentially a monopoly for critical tech” in the AI space.
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