News
Regulators, Africa’s Innovation Community Set to Converge in Port Harcourt for #StartupSouth8

Organisers of StartupSouth have announced that Port Harcourt will on October 5 – 6, 2023 play host to Africa ‘s Innovation Community as well as top Corporate Leaders and Government functionaries – including Inuwa Abdulahi, Director General & Chief Executive Officer, National Information Technology Development Agency (NITDA).

Now in it’s 8th Edition, #StartupSouth is the annual flagship Startup Conference and platform that facilitate connections, networking and opportunities for founders, early stage Investors, large corporates and African Government officials – especially at the subnational.
In a statement released to journalists, the organizers disclosed that speakers and guests confirmed at the conference include Kuppolakshmi Krishnamoorthy, Global Head, Zoho for Startups, Paul Onwuanibe, Group CEO, Landmark Group, Victor Asemota, Africa Startup Ecosystem Leader & investor, Obi Asika, Convener, Omniverse and Janet Sawari, CEO & Founder, TAIR Labs, Cape Town, South Africa. Others are Dr. Chimezie Amadi, Commissioner, Digital Economy & E-Governance, Imo State, Chinwe Okoli, Special Adviser to Anambra State Governor on Innovation & Incubation, Arinze Chilo-Offiah, Special Adviser to Enugu State Governor on SMEs & Startup, Mohamed Amine Khiari, Chairman & CEO, Africa Accelerator, Tunisia & Partner, Network VC Silicon Valley Fund, Geoffrey Weli-Wosu, Founder, Domineum Blockchain, Emeka MBA, CEO & Founder, Afia TV, Kehinde Ogundare, Country Manager, Zoho, Akintunde Oyebode, Commissioner for Finance, Ekiti State, Nkechi Obi, Chairman, National Female League and others.
The theme for this year’s Conference is Deep & Bold: 5IR, Emerging Realities, Regional Economic Imperatives & The Role of Innovation. Speaking about the theme, the Convener, Uche Aniche said the theme provides an opportunity for a reflection on Nigeria/Africa’s readiness for the impact of Artificial Intelligence and explores the right response especially at the subnational level to ensure that Africa doesn’t get the short end of the stick.
The Conference which will feature Breakout Sessions from over forty Corporate and Individual brands also has as a feature an Investors Meetup on Thursday October 5, 2023 in partnership with African Business Angel Network/VC4A as well as an Awards Night on Friday October 6, 2023.
The purpose of The Awards is to recognize and celebrate the achievements of Founders and Corporate organizations, regardless of their public or private status, who have made significant contributions to the Innovation ecosystem and embodied the core values of the #StartupSouth movement.
The Conference is Proudly sponsored by Zoho Technologies, Rapid Cabins, Breej, Cool FM Port Harcourt & Nigeria Info Port Harcourt, The King’s Assembly and others.
News
LIRS to Invoke NTAA to Recover Unpaid Taxes from Bank Accounts, Others

Lagos Internal Revenue Service (LIRS) pursuant to Section 60 of the Nigeria Tax Administration Act (NTAA), plans to ask Nigerian banks to debit bank accounts of employers who failed to remit tax liability.

This was disclosed in a recent notice on Sunday.
LIRS stressed that the move was in line with the implementation of the country’s NTAA and other new tax laws, which took effect on January 1, 2026.
“Where a taxpayer fails, neglects, or refuses to settle any established outstanding tax liability when due, LIRS may exercise its power under Section 60 to direct any of the following persons to pay the amount owed by the taxpayer:
“Banks and other financial institutions; Employers; tenants, debtors, or customers of the taxpayer; Agents, business partners, and any person holding money on behalf of the taxpayer; Any person owing money to the taxpayer, whether presently due or accruing. Once a substitution notice is issued, the person served is statutorily required to remit to LIRS the amount. Specified in the notice from funds belonging to, or payable to, the defaulting taxpayer,” the LIRS notice partly read.
Meanwhile, Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, weeks ago ruled out claims that the government would debit personal accounts over tax remittances.
News
Anambra Cuts Monday Pay to Kill Sit-at-Home

Anambra State will implement pro-rata salary payments for civil servants starting February 2026, targeting chronic Monday absenteeism from the long-running sit-at-home order, Information Commissioner Dr. Law Mefor announced Saturday.

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Speaking at an Awka briefing after the Executive Council’s end-of-tenure retreat, Mefor said improved security and transport have eliminated excuses for the four-year disruption, which cost the state trillions in lost revenue. “Workers enjoyed full pay despite staying away; now, no work means no pay for that day, calculated over 24 working days,” he stated.
Compliance measures include mandatory Monday clock-in forms, with markets urged to reopen fully amid bolstered security. This builds on a January 22 executive order docking 20% pay from teachers absent on Mondays.
Mefor warned that lost Mondays cripple revenue collection and productivity, rejecting alternatives like Saturday shifts as capitulation to agitators.
News
Stakeholders Demand Stronger Governance and Infrastructure to Drive Tech Adoption @ Lagos AI Summit

As AI adoption accelerates across Nigeria, leaders at the “AI in Action Now” conference 2026 have called for a balance between rapid innovation and strict regulatory governance. The event, held at the Lagos Oriental Hotel, highlighted both the doggedness of Nigerian builders and the risks of unregulated data usage.

Dotun Adeoye, Co-Founder of AI Nigeria, raised alarms over “Shadow AI”, a trend where employees upload sensitive official documents to public AI platforms. He praised the Nigerian Data Protection Commission (NDPC) for its recent aggressive stance, including multi-million-dollar fines against major banks and social media brands.
“Innovation without governance is dangerous. The regulator now has the job of educating players. We are working in partnership with them to ensure players don’t just get fined, but actually understand how to protect data locally rather than storing it abroad, ” Adeoye noted.
Addressing issues of lack of infrastructure to carry AI adoption, Conference Convener Debola Ibiyode admitted that while Nigeria lacks the traditional foundation for AI adoption, the tech community cannot afford to wait.

“The simple answer is we don’t have the infrastructure, but Nigeria has never really had infrastructure to drive anything, and we still thrive, ” Iboyode said, encouraging students and builders to look beyond current limitations. “Once we start to build based on what we have now, it will encourage those who need to provide the infrastructure to do their part. The world will not wait for us,” she insisted.
To bridge this gap, she highlighted the AI Foundry Africa, an incubator designed to mentor ideas into market-ready products.
Meanwhile, speaking to journalists on the sidelines, Biodun Ogunleye, the Lagos State Commissioner of Energy and Mineral Resources, echoed the sentiment that the government’s role is to facilitate the right environment through partnership. He emphasized that data generated from interactions with the government must have long-term value.
“We must ensure that in all facets from production to interaction with government, the tools required to ensure data has value are appreciated,” Ogunleye stated.
He concluded that through private-sector collaboration, the government can focus on its primary functions while leveraging AI to ensure the nation aspires for the future.
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