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SmartCity Innovation Hub Tipped to Create 50,000 Direct Jobs

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SmartCity Innovation Hub project, apart from galvanizing economic diversification and moving Nigeria towards a knowledge-based economy, the promoters said the technology focused Innovation Hub located on 48 hectares on the Lekki-Epe corridor will create 50,000 direct employments in its first five years.

The Promoters disclosed this in Lagos at a private presentation of the project to technology industry stakeholders.

Conceived in 2011 for development in Lagos and Abuja, Promoters of the SmartCity Innovation Hub include the Federal Ministry of Communications Technology, National Information Technology Development Agency (NITDA), Nigeria Computer Society (NCS), and the Association of Telecommunications Companies of Nigeria (ATCON). The project is a bold move to bring together technology, government and society in ways that promote the culture of innovation and the competitiveness between allied businesses and knowledge-based institutions.

The holding company for the project is SmartCity Resorts Plc, an investment and infrastructure company dedicated to creating modern real estate and infrastructure projects that allows people to live, work and relax in more pleasant and productive ways.

Location of the SmartCity Innovation Hub is strategic and within same locality as the Pan Atlantic University (PAU) and proposed developments such as Lekki Free Trade Zone, Lekki International Airport, Deep Seaport Project, and Dangote Petrochemical Project.

The innovation hub is being developed on a 48 hectare land allocated by the Lagos State Government.

Sir Demola Aladekomo, chairman, SmartCity Resorts Plc, said “The SmartCity Innovation Hub is an A-grade technology development infrastructure which will prime the local technology industry for global competitiveness, galvanizing it from crass consumerism towards innovation and world class manufacturing standards. Upon completion, it has the potential to create about 50,000 direct employments in its first five years.

“It will be the Nigerian equivalent of the Silicon Valley in the United States of America, which is home to many of the world’s largest technology corporations and thousands of tech start-up companies. It is beyond doubt that Silicon Valley is the world’s leading hub for high-tech innovation and development, and has been pivotal to the global information technology revolution.

“For the benefit of the Nigerian economy and the local technology industry, we are working with policy makers, regulators, technology corporations and venture capitalists to recreate the same prototype in Nigeria.

“Collectively, the objective of all stakeholders on the project is to build a technology city that will be a magnet for technology-led investment, innovation and talent, making it one of the top destinations for technology companies, entrepreneurs and investors on the African continent. The SmartCity Innovation Hub will engender economic diversification and will move Nigeria towards a knowledge-based economy birthing a prosperous, productive and innovative nation.”

Also speaking, Mr Kayode Falowo, managing director, Greenwich Trust Limited, the Financial Advisers to the project, said the SmartCity Innovation Hub project is well rounded and viable with the prerequisite support from government, regulatory bodies and industry stakeholders. He added that international development funding institutions and local financial institutions are willing to lend developmental and operational support to the project.

On his part, Mr. Adebiyi Mabadeje, Lagos State commissioner for Science and Technology, commended the promoters of the project and spoke on government’s readiness to lend support to it within the ambit of its power.

Affirming this, Mr. Funmi Oshinfuye, who represented the Lagos State commissioner for Physical Planning and Urban Development, disclosed that the project aligns with the overarching vision of the ministry to transform Lagos State into a megacity through new urban developments that are eco-friendly and socially inclusive.

Already, leading technology corporations that include Microsoft Corporation, Zinox Technologies Limited, MainOne Cable Company Limited, Interswitch Nigeria, Globacom Nigeria Limited, Visafone Communications Limited, Chams Plc, Data Sciences Nigeria Limited, Systemspecs, and VDT Communications Limited are among the current subscribers taking up space at the green 48 hectare SmartCity Innovation Hub.

Equally, public sector institutions with regulatory oversights such as the Korean Public Joint Venture, Nigerian Communications Commission (NCC), Galaxy Backbone Limited, Federal Ministry of Communications Technology, and the Lagos State Ministry of Science and Technology have also taken up space at the hub. Other subscribers include Medplus, First Bank of Nigeria Plc, and the International Finance Infrastructure.

 


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President Tinubu Appoints Jim Ovia as Student Loan Fund Chairman

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President Bola Tinubu has approved the appointment of renowned banker and businessman, Jim Ovia, as the Chairman, Board of the Nigerian Education Loan Fund.

Jim Ovia

Jim Ovia

Ovia’s appointment is contained in a State House statement titled, ‘President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund,’ and issued on Friday by the Special Adviser to the President, Media & Publicity, Ajuri Ngelale.

The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.

“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”

The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.

The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.

“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds,” the statement partly read.

Ovia’s appointment will also ensure “that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”


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UK Pledges €1Bn to Fight against Malaria in Nigeria

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The UK has pledged £1 billion to Nigeria’s fight against malaria and other diseases from 2024 to 2026.

UK Pledges €1Bn to Fight against Malaria in Nigeria

Ebere Anyachukwu, health adviser at the British High Commission, announced this on World Malaria Day in an interview with NAN.

This contribution supplements existing funds from other donors and will primarily support the procurement of insecticides, treated bed nets, malaria diagnostics, and chemoprevention efforts.

“There are some states in Nigeria where malaria is seasonal. Those are states where chemoprevention is used to prevent children from coming down with malaria,“ he said.

“In those states, malaria spreads in a few months within a year, and during that period, there is a high level of malaria transmission in children, resulting in lots of deaths.”

The health adviser said children in such states are usually given malaria drugs, whether or not they have the infection.

He said the UK is a big contributor to the global fund, currently supporting about 13 states in Nigeria.

He listed the states to include Adamawa, Delta, Gombe, Jigawa, Kaduna, Kano, Katsina, Kwara, Niger, Ogun, Osun, Yobe and Taraba.

“With the global funding support, there has been a significant reduction of malaria-related deaths in children in Nigeria,“ Anyachukwu said.


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60 Hearty Cheers to Chioma Ekeh, Africa’s Leading Unusual Female Tech

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The story has often been told in tech circles of how a relatively unknown Nigerian female student became a sensation of sorts among the international student population back in the early 80s in India owing to the unusual course of study she was undertaking.

60 Hearty Cheers to Chioma Ekeh, Africa’s Leading Unusual Female Tech

Chioma Ekeh

Electing to study Mathematics at Bachelor’s degree level – a course that required not only battling differential equations, calculus, advanced algebra, and so on, but also pitting one’s wits against that of wizened professors – is not a task for the faint-hearted. But that was the path that this unusual lady took at Punjab University, located in the culturally rich and aesthetically pleasing city of Chandigarh, India.

It was a decision that would lead Chioma Ekeh (nee Emelonye) along the path of meeting the love of her life, a certain Leo Stan Ekeh and returning to Nigeria with him to play a leading role in shaping the course of technology distribution in Africa.

Undoubtedly, unusual may also be a word that defines Chioma and Leo Stan Ekeh’s remarkable journey together. A power couple and exemplary partners who have worked together for over 30 years building a successful technology empire is a rarity, one that is not often seen.

That sojourn to India and her subsequent career trajectory laid the groundwork for the impressive reputation Chioma Ekeh has built in the highly competitive technology space. Business associates and representatives of global brands never fail to cite her intellect and brainpower.

Job seekers who cross her path during interviews often recall being asked to solve a simple arithmetic problem. For those who eventually become employees, there is never-ending adulation.

Her husband, Leo Stan Ekeh, describes her as the integral analytics, the backbone behind the brilliant success of the Zinox Group where she has continued to support all the businesses across the board.

Such is the cerebral aptitude of this unusual woman that she is reported to have taken the stage once at a company-wide business review to present a financial report punctuated by humongous accurate numbers, figures and percentages, all from memory and without recourse to any notes, a device or an actual presentation document.

Born on April 25, 1964, the story of the impressive diffusion, accessibility, useability and affordability of cutting-edge technology devices and solutions in Nigeria and indeed, sub-Saharan Africa will be grossly incomplete without a detailed citation on Chioma Ekeh and the leadership role she has played – one she has continued to play as a silent innovator and disruptor–alongside her legendary spouse.

A Fellow of the Chartered Institute of Certified Accountants (FCCA, UK), Mrs. Chioma Ekeh is the brains behind TD Africa, a regional technology distribution powerhouse headquartered in Nigeria and with branches across Africa and in four other continents.

A company she led from start-up stage, TD Africa with Chioma Ekeh as CEO, pioneered ICT distribution in Sub-Saharan Africa and has remained the industry leader by market share in the region and the biggest provider of credit to resellers.

Founded in 1999, TD Africa is Africa’s leading distributor of technology and lifestyle products, boasting an unmatched and growing network of partnership with global brands like HP, Microsoft, Apple, Starlink, IBM, Dell Technologies, Ring (by Amazon), Cisco, Lenovo, APC by Schneider Electric, Samsung, Bosch, Phillips, Logitech, Vivo, among several others. Under Chioma’s exemplary leadership, the company has achieved numerous milestones, earned a long list of local and international awards/accolades and ensured Nigeria and indeed Africa is reckoned with at the global table of technology conversations and discussion-making.

However, this remarkable story may have turned out differently, had Chioma not returned to Nigeria under the guidance of her husband.

Armed with a formidable Mathematics degree after completing her studies in India, Chioma had the world at her feet and was the toast of leading companies the world over.

Moving to the United Kingdom at the invitation of her husband, Chioma joined the exalted league of Chartered Accountants and thereafter, bagged an MBA at the reputable Heriot Watts University.In 1987, she joined Sterling Deveraux as an Investment Analyst, engaging in researchand analyzing assets, such as stocks, bonds, currenciesand commodities.

Her acumen and exceptional skills were growing in demand and before long, she left Sterling Deveraux, joining the London Borough of Lewisham as an accountant in 1988.

Between 1988 and 1991, Chioma’s sterling work saw her rise swiftly through the ranks at the London Borough of Lewisham, moving from Accountant to Senior Auditor and then to Financial Auditor.

Certainly, Chioma Ekeh had a clear path to becoming CFO and possibly CEO at the London Borough of Lewisham or even going on immediately to taking up other elevated roles at other organizations. But the love of motherland and the call of her husband – Leo Stan Ekeh – to return home to Nigeria with him and build a technology legacy for Nigeria and Africa proved too strong.

Back home, Chioma Ekeh’s initial area of responsibility was with Task Systems Ltd., the first of many companies in the Zinox Group set up by Leo Stan Ekeh.

She took up the position of Financial Controller and spent six achievement-filled years at Task before driving the vision of technology distribution birthed by her husband in launching TD Africa where she became the company’s pioneer CEO.

A quiet, unassuming tech icon, Chioma Ekeh has acquired a well-deserved status as unarguably one of Nigeria’s top three leading Women-in-Tech, a female technology business leader with extensive years of proven capacity in building high-performing teams and transforming businesses beyond stakeholders’ expectations.

In partnership with her husband, Chioma Ekeh has played immense roles in growing and nurturing partner businesses, launching several thriving new businesses and successfully closing some of the biggest acquisitions in the technology space in Nigeria.

The Tech Experience Centre – Africa’s first technology experience centre – located at Yudala Heights, a sprawling edifice in the heart of Victoria Island – is another project that has Chioma Ekeh’s indelible signature on it.

The launch of the Tech Experience Centre in October 2020 received high praise from the Nigerian government and representatives of global Original Equipment Manufacturers (OEMs).

Under her guidance, Celebrating You, an annual showpiece celebratory event hosted by TD Africa has become unarguably the biggest year-end event in the Nigerian technology industry for over a decade.

Also, she has spearheaded several CSR projects, including The Herwakening – an empowerment programme for female entrepreneurs– and Girls in ICT – a project targeted at encouraging young girls to take up STEM (Science, Technology, Engineering, Mathematics) disciplines and considering careers in technology.

As she turns 60, Chioma Ekeh deserves rarefied mention and unmitigated encomiums. An amazon, this unusual female tech icon who has shattered several glass ceilings, knows no fatigue and has continued to innovate, effortlessly leading from the front.

 

 


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