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Startups Ecosystem Development in Nigeria

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The city of Abuja is not necessarily regarded as the city for Startup Entrepreneurs, but all that is changing with the likes of Abuja Technology Village, Box Office incubator, Ventures Platform, VP, and many other incubators, providing co-working space and physical infrastructure that Startups require to turn their ideas into viable businesses.

I recently met with Kola Aina, Founder, Ventures Platform and our discussion centered on issues in the Startups ecosystem and some of the challenges facing this model of Entrepreneurship.

Speaking on how the journey has been so far with building a community in Abuja, Kola stated that it has been an amazing journey, so far. He stressed that, when he started out, he had big ambitions and he is excited that the Abuja community has received his Startup well with the size of patronage that his co-working space has received, so far.

Speaking on numbers, he said that about 175 co-workers actively use its co-working facilities everyday and these include companies that work out of the park, Startups, Freelancers, Graphic Designers, etc. He stated that there are also 18 people living within the community at any given point in time, and also using the other facilities, such as the gym facility, etc. Kola stated that, up to date, Venture Platform has invested in about 14 companies. He further said that, on the average, these companies have a minimum of 2 or 3 Founders and employ 4 or 5 other people, hence, the spiral effect of that is really something worthwhile, but not yet reconciled to place a figure on.

In terms of events, Kola said that the platform also has events that many people have benefited from. He said he is really amazed at the impact, so far, even as he sees it as just the beginning, he is excited to see what happens next.

Giving reasons why he is building an ecosystem in Abuja that is seen as a city of civil servants and contractors, Kola said, he believes that a community that relies on rent is not sustainable. This, according to him, is because, many of them had to close up because of recession. Kola said he beliefs that tons of young people, if given the right environment and empowerment, can build amazing things and solutions that can then become  sustainable businesses. He said that is what is happening now in Benue, Niger and Kano States, etc., where new tech communities are springing up with young people building solutions and the volume of applications coming up is amazing.

Kola stated that the community on his platform has developed about 900 applications to solve problems in payment, health issues, etc., so, it’s amazing what people can do when empowered.

Reacting to a question on why local investors are not interested in investing in Startups, Kola stated “it is really a sad thing and what we hear is more of talk than action in Nigeria”. He believes that, if the community is able to get the big money bags to support and invest in the Startups, it will be better for the Startups. “Startups may have the best ideas, but if they run out of money, they are dead”, Kola emphasized. “There is more foreign participation in our Startups than we have from within Nigeria and before we know it, many of our Startups are going to be owned by foreign investors” he further stated.

Kola is of the opinion that the government can utilize just between 2% to 5% of the Sovereign Wealth Fund in backing up local VC’s and accelerators, it will make a huge impact.

Kola is of the view that there is no need reinventing the wheel for wealthy Nigerian investors to invest in the tech ecosystem. All they need to do is to take a look at the existing state of the ecosystem and decide where to come in. He stated that, truly, we have enough resources within Nigeria to solve our problems, but the problem we have is that, we are used to the old ways of making money, which are real estate, oil and gas, etc., however, until local investors start to support the tech ecosystem, the nation is not likely to move forward on the continent.

One of the challenges that Startups in the tech ecosystem face is the problem of infrastructure, especially, power. Another problem he identified is the inadequacy of bandwidth. The biggest challenge, according to Kola, however, is that of getting local investors to invest in the tech ecosystem. One other challenge he identified is the quality and commitment of Nigerian Founders, who, he thinks should raise the level of their ambition.

On support from government, Kola was emphatic that Ventures Platform has never received any support from government in any form.

Kola stated that, with VP investing in 14 companies within its accelerator program, the goal is to build companies that can achieve $1 billion valuation and this is possible. This is because some foreign investors, such as Startups from Belgium and Cameroon are interested in teaming up with our Startups and doing business here in Nigeria.

Kola concluded by saying that, the training program that VP carries out has graduated about 10,000 people, so far and that there are also plans of expanding the campus across Africa.

CFA is the Founder, www.CFAtech.ng & Co-producer/Presenter,Tech Trends on Channels Television


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Weebly Websites to Shut Down for Nigeria, 66 Other Countries from September

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Weebly, US-based free, beginner-friendly, drag-and-drop website builder and eCommerce service, will no longer be available for customers in 67 countries, including Nigeria, after September 2026, according to an email seen by Nigeria CommunicationsWeek.

Weebly Websites to Shut Down for Nigeria, 66 Other Countries from September

Weebly said it is “winding down” services in different nations “due to changes in regulation and to simplify our global operations”.

The firm released a timeline of gradual changes, to help existing users access their data before the site shuts down.

Starting June 29, customers of 67 countries were no longer able to publish any new pages.

September 27, 2026: Weebly websites will be unpublished.

Before this date, users should download site content and data. Follow these steps:

Go to Account Settings, click on My Data, and select Download My Data.

This will help you migrate your content to another website provider, or retain it.

Concerned about privacy? Ask Weebly to delete your data, through the Erase Data and Forget Me option under the My Data tab on your account page.

December 26, 2026: Last date of accessing Weebly account.

Until this date, you will have access to the account, although sites will be unpublished.

This period helps users move their site, domains, and data to another service.

Domain names can be moved to another registrar only after 60 days from the registration date.

According to the Weebly website, users must make sure that they do not make changes to your registrant contact information (email, phone number, first/last name), as this will lead to a 60-day registrar lock and prevent you from transferring your domain name.

Note that domain name transfers work differently for country-specific domains; users must contact Weebly’s support team for assistance.

How to unlock, transfer domain name

From your Weebly Dashboard, go to websites, and click on Domains, then select Manage Domain.

Disable registrar lock, get EPP authorisation code, and copy the full code.

Disabling registrar lock will also disable privacy protection. It is important to set privacy protection once again with the new registrar.

Follow the instructions for the newly chosen registrar as the rest of the transfer process will be managed by them

Why is Weebly winding down?

While the firm attributed it to “a change in regulation,” online users have argued that Square, which acquired Weebly in 2018, is pushing its platform ‘Square Online’.

Square is originally a US-based payment processor, and the firm says it has since evolved into the “largest business tech platform”.

It calls Square Online a “free online store” but clarifies that those who do not sell online can also use it to build their websites.

In an earlier support update for the Weebly Website Builder, Square Online was consistently referred to as a better alternative, although at the time, it was said that Square “has no plans to discontinue the Weebly website builder”.

Which countries will Weebly no longer be available in?  Albania, Algeria, Andorra, Armenia, Aruba, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbadoa, Belarus, Benin and Bosnia and Herzegovina.

Others are: Cambodia, Cameroon, Chile, Colombia, Congo, Costa Rica, and Côte d’Ivoire.

Also affected are: Ecuador, Egypt, Ethiopia, French Polynesia,    Gabon, Georgia, Ghana, Guinea, Iceland, Jordan, Kazakhstan, Kenya, Laos, Malaysia, Mauritius, Moldova, Montenegro, Morocco, Nepal and New Caledonia.

The rest are: Nigeria, Oman, Pakistan, Palau, Paraguay, Peru, Russia, Saudi Arabia, Senegal, Serbia, Sierra Leone, Singapore, South Korea, Suriname, Taiwan, Tajikistan, Tanzania, Thailand, Turkey, Uganda, Ukraine, United Arab Emirates, Uruguay, Uzbekistan, Vietnam, Zambia and Zimbabwe.

 

 


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NOTAP to Commercialise University Research, Expands Patent Drive

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National Office for Technology Acquisition and Transfer (NOTAP), has commenced the process of patenting and commercialisation of research works by universities and other research institutions in the country.

NOTAP to Commercialise University Research, Expands Patent Drive

Dr. Obiageli Amadiobi, director general of NOTAP

Dr. Obiageli Amadiobi, director general of NOTAP, stated this in Abuja, during an interaction with journalists on her achievements since assuming office.

Speaking on the theme, “Strengthening Indigenous Capacity: NOTAP’s Drive for Technology Transfer, Local Content Development, and Innovative activities,” Amadiobi said the agency had involved both the academia and industry so that researchers can work on topics brought forward for commercialisation purpose.

“My minister is very intentional about this– very intentional about commercialisation of research results, which we have already submitted to him. They are meaningful researches, which we need to commercialise.

“We have established 69 intellectual property technology transfer offices in 69 universities that we are still counting. We have informed the vice chancellors of Nigerian universities to set up such offices and we will come and educate them on intellectual property and technology transfers.

“As we are doing this, we are also taking record of all the researchers of these universities and research centres and documenting them in a compendium.

“So, we have compendiums from the universities to us and we put them in a database. If you will recall, recently, the ministry, our supervising ministry, which is the Federal Ministry of Innovation, Science, and Technology, launched a programme titled Energise Commercialisation. This entirely was for commercialisation of all R&Ds,” she said.

On research Institutions carrying out research on areas of industry needs, she said, “NOTAP is bridging the gap between research and development with industry needs, “it is on our programme called the NITDF, NOTAP Industry Technology Transfer Fellowship. By this programme, we engage the universities and the industries, in what we call the triple helix. We liaise with the universities and the industries to sponsor, the industries will sponsor a Ph.D candidate in a Nigerian university to conduct relevant researches.

“They will provide the topics that they want researches for and such students will research on that with the assistance of the industries, because they wear the shoes, so they know where it pinches them. But usually, there are Ph.D candidates already established. This year alone, we certified about 15 of them to enter into this programme and they have gone into the various universities.

“And we are still looking for people to update some of the projects; the research topics we already have. But we are not getting enough persons to do the researches. So, we are going to do further advertisement to see if other candidates will come up.


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FG Unveils Digital Postcode System for MDAs

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Federal government has launched a drive to standardise operations across all Ministries, Departments, and Agencies (MDAs) through the nationwide adoption of the new National Digital Alphanumeric Postcode System.

FG Unveils Digital Postcode System for MDAs

Dr Bosun Tijani, minister of Communications, Innovation and Digital Economy, launched the initiative at a high-level stakeholder workshop on Thursday in Abuja.

The conference, themed “Embedding the Nigerian Digital Postcode in Public Service Delivery,” brought together key stakeholders to discuss the adoption of the system across government institutions.

Represented by Nadungu Gagare, permanent secretary of the Ministry,  declared that the initiative was a critical pillar for the country’s economic and security framework.

“The Nigerian Digital Postcode represents far more than an improvement to postal services. It is a strategic national asset. Without accurate location intelligence, governments struggle to plan effectively, emergency responders lose valuable time, and financial institutions face verification challenges,” he said.

Tijani said the Alphanumeric digital postcode system was a pathway and a defining moment for Nigeria’s digital transformation under the Renewed Hope Agenda of President Bola Tinubu.

He said an accurate national addressing system would enable government agencies to plan better, improve emergency response, support credible census and elections, expand financial inclusion and ensure citizens were not excluded from essential services because of poor location data.

The Minister commended NIPOST for leading the initiative and urged MDAs and state governments to integrate the system into their operations, stressing that its success would depend on collaboration, interoperability, and nationwide adoption.

Omotola Odeyemi, postmaster general and chief executive officer, Nigerian Postal Service (NIPOST), explained that the digital postcode system creates a “common language of location” for the entire government.

She urged federal and subnational entities to integrate the infrastructure into their daily operations to maximise its value.

“Just as digital identity has helped to establish who a citizen is, this National Digital Postcode helps us to determine where services, opportunities, and interventions should be delivered. Its success will not be measured by the number of postcodes that we generate but by the lives that we improve,” the NIPOST boss explained.

Mrs Didi Esther Walson-Jack, head of the Civil Service of the Federation, represented by Dr Abdul Sule Garba, permanent Secretary of the Service Welfare Office, pledged full administrative backing for the rollout.

She noted that the civil service would be properly equipped to adapt to the data-driven system.

“The operationalisation of the Nigerian digital postcode is a strategic initiative that has the potential to significantly improve public administration, service delivery, and digital governance across the country,” Mrs Walson-Jack added.

The workshop featured live demonstrations and technical panel sessions focused on linking the new digital postcode system directly into national healthcare, social protection, education, and electoral planning.

 

 


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