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NITDA Targets 4,000 Investors @ GITEX 2014
The National Information Technology Development Agency (NITDA) said that Nigeria will leverage on its country-partnership with Gulf Information Technology Exhibition (GITEX) to showcase the nation’s information technology (IT) potentials to over 4,000 investors aside other high profile participants expected at the event holding at the United Arab Emirates in October 2014.
Meanwhile, to ensure Nigeria derives optimal benefits at the Gitex Technology Show holding in Dubai this October, Mr. peter Jack, director general of NITDA inaugurated a Gitex Local Organising Committee (LOC) chaired by Dr. Vincent Olatunji, deputy director, Corporate Strategy and Research at the Agency.
The LOC is tasked with ensuring Nigeria’s successful participation through pre-show work-plans.
Speaking to journalists at the ongoing NCS Conference holding in Enugu, Olatunji, Nigeria is the official Country Partner for Gitex 2014, which is the premier Technology event in the Middle East Africa and South Asia (MEASA).
Also, more than 35,000 visitors came from Africa in the 2013 edition of GITEX where Nigeria premiered its presence by setting up the Nigerian Pavilion which was promoted NITDA.
He said that, this year, Nigeria is riding on its last year’s presence as Official Country Partner to become the centre of thematic activities for the five day technology expo and conference in Dubai.
He said Nigeria’s presence at Gitex would offer the opportunity to explore international opportunities for collaborations and investments that would further advance Nigeria’s burgeoning IT sector.
He cited examples of countries like South Korea and India where IT alone contribute over $200 billion to the economy, adding that 100 other countries will be in attendance to at the event.
Olatunji said, “The NITDA is determined to position Nigeria in that light, and would work through multilateral stakeholders approach to get everyone involved and achieve our core goals at NITDA. For instance, we are targeting foreign direct investment (FDI) knowing that participants will be open to know about IT potentials in Nigeria. We are leveraging on the opportunities provided by GITEX which has been in existence for 30 years”.
The LOC Chairman said NITDA is committed to ensure Nigeria’s presence at Gitex 2014 is a success, adding that it shows government’s support for IT development at all levels. About four years ago, the ICT sector contributed less than 5% to the GDP, currently, it contributes 9%. We want to see a situation is reaches 20% in the next few years.
“It is in the spirit of partnership that NITDA has invited other agencies to be part of this preparation and we believe that this is imperative to achieve best results,” he noted.
Bilal Al-Rais, commercial director, Exhibition & Events Management, Dubai World Trade Centre, said that highlighted GITEX Technology Week 2014 is the gateway to the Middle East, Africa and South Asia’s ICT Industry.
He said that participants shall be top technology brands from around the world, exciting interactive features and cutting edge conference programmes that will have about 40 other countries are taking similar steps like Nigeria in developing their IT platforms.
Al-Rais added a need for all stakeholders to strongly get everybody who has something innovating to showcase at Gitex to use it as a global platform to show the world what Nigerians are doing.
On his part, Mr. Akande Ojo, president and chief executive officer, Pinnacle International Consulting Limited, said that preparations had begun already since Nigeria officially enlisted to be partner for Gitex 2014.
According to him, there was need for the every sector of the economy to partake in the trend, as the result will impact positively on the country’s transformation agenda.
The LOC members were drawn from different private and public sectors organizations including Nigeria Investment Promotion Council (NIPC), Ministry of Foreign Affairs, Ministry of Agriculture, Institute of Software Practitioners of Nigeria (ISPON), Computer Professional Registration Council (CPN), Nigeria Internet Registration Association (NIRA), Nigeria Computer Society (NCS), National Association of Computers Science Students (NACOSS), Nigeria Satellite Communications Limited (NigComSat), and Information Technology Industries Association of Nigeria (ITAN).
Others are Pinnacle Consult LLC and Knowhow Media International – both marketing and media consultants on Nigeria’s participation at Gitex 2014.
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News
NIMASA, BOI Partner to Grow Capacity In Maritime Sector
Nigerian Maritime Administration and Safety Agency (NIMASA) and the Bank of Industry (BOI) have initiated discussions on strategies for capacity building in the maritime industry.
Dr. Dayo Mobereola, Director General of NIMASA, represented by the Executive Director of Maritime Labour and Cabotage Services, Mr. Jibril Abba disclosed this during a visit by the management of the bank led by Executive Director of Large Enterprises, Mrs. Ifeoma Uz’Okpala.
Osagie Edward, the agency’s Head of Public Relations, said in a statement that in addition to safety, security and maritime labour, the agency’s mandate encompasses capacity development aimed at growing the sector.
Also, Mobereola explained that NIMASA’s commitment to collaboration was a vital tool for achieving its mandate.
He said: “The aim is to actualise the vision of the Federal Government to reposition the maritime sector, especially with the creation of the Ministry of Marine and Blue Economy.”
Also, Uz’Okpala affirmed the bank’s readiness to support NIMASA, emphasising the importance of collaboration in implementing a robust capacity-building initiative that would contribute to economic growth in Nigeria.
She noted: “Bank of Industry Limited is Nigeria’s oldest and largest Development Finance Institution (DFI) currently in operation. It is owned by the Ministry of Finance Incorporated (MOFI) Nigeria (94.80 per cent), the Central Bank of Nigeria (CBN) (5.19 per cent) and private shareholders (0.01 per cent).
News
FG VAT Collection Up 9.11% to N1.56tn
The federal government’s aggregate receipt of the Value Added Tax (VAT) in Q2 2024, stood at N1.56 trillion, indicating a growth rate of 9.11 per cent on a quarter-on-quarter (QoQ) basis from N1.43 trillion in Q1 2024.
The figure represents a 99.82 per cent increase compared to the N781.35 billion collected in the corresponding quarter of last year.
According to numbers released by the Nigeria Bureau of Statistics (NBS), On a quarter-on-quarter basis, the Q2 VAT rose by 9.11 per cent from N1.43 trillion in Q1 2024.
The data showed that local VAT payments recorded were N792.58 billion, foreign VAT payments stood at N395.74 billion, while import VAT contributed N372.95 billion in Q2 2024.
Analysis of the NBS numbers showed that human health and social work activities recorded the highest growth rate with 98.44 per cent, followed by agriculture, forestry and fishing with 70.26 per cent, and water supply, sewerage, waste management and remediation activities with 59.75 per cent.
Contrarily, activities of households as employers, undifferentiated goods- and services-producing activities of households for own use had the lowest growth rate with –46.84 per cent, followed by real estate activities with –42.59 per cent.
In terms of sectoral contributions, the top three largest shares in Q2 2024 were manufacturing with 11.78 per cent; information and communication with 9.02 per cent; and mining and quarrying with 8.79 per cent.
“Nevertheless, activities of households as employers, undifferentiated goods- and services-producing activities of households for own use recorded the least share with 0.00 percent, followed by activities of extraterritorial organisations and bodies with 0.01 per cent; and water supply, sewerage, waste management and remediation activities with and Real Estate Services 0.04 per cent each.
“However, on a year-on-year basis, VAT collections in Q2 2024 increased by 99.82 per cent from Q2 2023,” NBS stated.
News
GOCOP Partners NCDMB, EMADEB, Dangote, NCAA, Setraco, UBA, NCC, Others for 2024 Conference
Partners for the eighth annual conference of the Guild of Corporate Online Publishers (GOCOP) have begun to emerge with the Nigerian Content Development and Monitoring Board (NCDMB), Emadeb Group and Dangote Group leading the train of partners for the event slated for Thursday, October 3, 2024 at the Reverton Hotel, GRA Lokoja, Kogi State.
The chairman of the 2024 Conference Planning Committee, Danlami Nmodu, mni, also listed other partners to include Nigeria Civil Aviation Authority (NCAA), Setraco Nigeria Limited, United Bank for Africa (UBA) and Nigerian Communications Commission (NCC), according to a statement by
GOCOP Publicity Secretary, Sir Remmy Nweke.
Nmodu was also quoted as saying that the eighth conference would center on the theme: “Nigeria: Tackling Insecurity, Power Deficit, and Transitioning to Digital Economy” and will hold on Thursday, October 3, 2024 from 10am. The keynote will be delivered by former governor of Cross River State, Senator Liyle Imoke.
Read Also: Imoke, Buratai, Maida, others to headline GOCOP 2024 conference in Kogi
Additional partners for 2024, he said, comprised the Nigerian Safety Investigation Bureau, Access Bank plc, Zenith Bank plc, First City Monument Bank (FCMB), Fidelity Bank plc, Sovereign Trust Insurance Plc (STI), Nigerians in Diaspora Commission (NIDCOM) and National Film and Video Censors Board (NFVCB).
A major highlight of this year’s conference, Nmodu said, is a business luncheon with GOCOP partners on Wednesday, 2 October, at the same venue, while the conference itself would hold on Thursday, October 3.
Nmodu noted that the 8th edition would be chaired by former Nigeria’s Ambassador to Spain, Alhaji Yusuf Mamman, with the former Nigerian Chief of Army Staff, Lt-General Tukur Yusuf Buratai (Retd) and the Executive Vice Chairman, Nigerian Communications Commission (NCC), Dr. Aminu Maida as Guest Speakers, while a Professor of Political Science at the Federal University Lokoja, Prof. Rotimi Ajayi and an edutainment communicator and veteran broadcaster, Ms Debrah M. Ogazuma are panellists.
Nmodu recalled that GOCOP conference 2023 was chaired by the JAMB Registrar and Chief Executive, Prof Ishaq Olarenwaju Oloyede, while the first Nigerian Professor of Capital Market, Prof. Uchenna Joseph Uwaleke was the keynote speaker.
Previous speakers at the annual conference consisted of Rev. Matthew Hassan Kukah, the Bishop of the Catholic Diocese of Sokoto who delivered the 2019 lecture on “Economy, Security and National Development: The Way Forward.”
In 2021, Mr. Boss Mustapha, Secretary to the Government of the Federation, keynoted the Conference in his capacity as Chairman of the Presidential Task Force on Covid-19. He spoke on: “Post Covid-19 Pandemic: Recovery and Reconstruction in Nigeria.”
In 2022, Professor Mahmood Yakubu, Chairman, Independent National Electoral Commission, delivered the keynote entitled “2023 Elections: Managing the Process for Credible Outcome.”
GOCOP was established to ensure that online publishers uphold the tenets of journalism.
Membership of the Guild is a constellation of editors and senior journalists who, having distinguished themselves in their various positions in the print and electronic media, ventured into online publishing which is both the present and future of journalism globally.
The Guild has over 104 corporate publishers as members.
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