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Technology Can Check Kidnapping- Adoki

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 Kenneth Miebaka Adoki is the chief executive officer of Naira Net Technologies Limited, an intensive corporation, primarily established with the target of attaining Information and Communication Technology (ICT) growth in Nigeria. He has distinguished himself in pioneering cutting-edge solution in his over 30 years of experience in the ICT industry.  Adoki spoke to chris alu in Abuja on issues in the Information and Communications Technologies.

Kidnappers and Criminals Tracking Solution
All these are global positioning equipment, once you attached it to your dress and cover it where nobody can see it; you will be located at any time on demand. It is integrated  into a small data base and has command or rather a service centre where you can actually be reading location of the person at any point in time,  if such a person is  kidnapped you can easily locate him through that  device, because it is always switched on, except if the kidnappers pull out his dressing and remove the device from him  or switch it off, that is where you can not locate him, or else it is quite easy, provided the devices is on him you can track him anywhere the person is. It is an anti kidnapping technology that is very easy to carry about and is connected to the frequency network at all times, with that you can track down criminals as well. It works through the global position system (GPS) it can also be integrated into telephone networks like CDMA, or GSM technology, as well as cars and all sorts of technologies. The device is small and is pack like a SIM card, so once you are connected it start working.
These  are all packages as one device to operate in GPS solution that is cheap and easy to maintain, it can be remotely controlled through the radio frequently identification technology that help to locate and dictate all the areas imputed into the device, it covers a wide range of areas. In fact the whole of Africa is connected through the waves.
It can also be used for vehicles and important places like retail shop outlets to curb theft. Each time you move, the frequency identification will read your movement and send text message to anybody that has your code number on request in his or her phone and it will help to locate you easily, it can also provide anti-robbery solutions for banks to locate or track movement of money especially the bullion van and alert the financial intelligence unit of any suspicious case as they move along with cash.
Biometrics Solutions and Automated Teller Machine Fraud
Bank customers using ATM  require card and pin numbers to make withdrawals, they are  now been hacked by fraudsters, but if we integrate the biometric solutions as retrofit, which is a small equipment attached to the ATM machine it will allow you access your account with pin number and finger print. It is an additional device to ATM users for their security. Just adding a small technology to the machine, you slot your card press the pin number and the only way you can withdraw money is to thumb your finger on the space provided, to enable it capture and identify the original ATM card user, if the finger print is different from the person that owns the card there is no way you can withdraw money. The technology solution was conceived because of the high rate of fraudsters hacking into personal data of cardholders. Fraud itself is a big industry in the world today because it has consumed more than $57 billion out of the economy of the world as at today, and has left a big gap in providing infrastructure and other relevant development of many countries. People use counterfeit or forge document, internet, and all sorts of dubious means to commit fraud, but with this retrofit on ATM machines such deals will be reduce to a barest minimum.
The image processing of the transaction and user verification time will be less then a second and the language support options is provided on the platform just like the same way you use the machine now, the only additional devices will be the finger print which the machine will ask you to do, the service will give automated system that is unmatched for users convenience. It is purely an additional security for ATM users, why we are doing this is because Naira Net wants to positioned itself as a total solution house for satisfying all kind of technology related needs of the people. We are a one stop shop that is bent on addressing all kinds of customers need, and we are striving to be a single vendor interface that would be providing end to end solution for business opportunities.
High Cost of IT Infrastructure
Government has really not subsidized ICT infrastructure because it is not cheap. ICT is an emerging solution that is taken the lead off today’s life be it development, transaction or communications. It is very expensive to run or even to study it. For instance India alone produces over one million IT knowledge workers in their country annually, while Nigeria produces less than 5,000 trained IT skilled workers in a year. So, there is a big gap for us to meet up with the challenge of trained manpower, and until we have a lot of capacity to begin to produce and trained workers in IT or ICT equipment it will continue to be expensive in Nigeria. In India, some of the trainees come up with solutions that march other techniques that are useful to them with the facilities on ground and which makes the equipment cheap. And they are growing in it. China has so many ICT parks that train their people at affordable cost, and most of the ICT parks in China are result of what we consume here in Nigeria such as, handsets, radios, and solar lamps among others. I don’t think we have any functional ICT park here in Nigeria, and that is the only way ICT cost can be driven down. We need to train our people, we need to develop capacity for it, we need to have functional parks, and we need to have the needed.
Until we get to the level where we would begin to have the facilities available, it would not be easy for us to use proper ICT equipment and the cost will continue to grow.
Most of these countries that use ICT equipment fully have stable power, these is what drives down some of the equipment downs.
Using R and D in ICT for Economic Advancement
Research and Development is not at the moment part of our initiative or plan for development in this country. Most of the R&D we have in the country today are not providing the needed know-how to enhance effective deployment for the country as at now. For instance, the universities are down for the past 2-3 months, how can lecturers or the students be involved in research?
Universities do not have the equipment or well equipped laboratories to carry out research, and they are rated very low in the world today.  Organizations are not there to sponsor research and development, so how can we make good use of research and development, where we don’t have the facilities and companies to develop the research such research. This is because it involves quite a lot of money to carryout such project, it is not something that one will start and dump on the road. For us to achieve any meaningful development, we must be prepared for R&D, it is a prerequisite for development once we don’t do it we would not experience any meaningful development our economy.
 The rapid changes that is taking place in other parts of the world from one point to another is as a result of the prolific nature of research and development, and the reasons we are not in R&D in any of the areas of production is because, the facilities are not there. The  facts remains that, there must be new Innovation or product in the market  that would attract people before they buy and how are we going to satisfied an average person with a new product we must embark on R & D.
Government Driving the Application of ICT
All countries have grown on the platform of government driving application of information and communications technology, for instance, Singapore ICT is grown on the platform of one man call Lee Wangyuu, Malaysian economy grow through a particular leader that needed change. In India, the person that drove their ICT was their leader, any country that wishes to grow in ICT must be the leader of that nation, and otherwise it will be done in an epileptic manner. Private or individuals cannot do it alone; we need a leader that have a mindset of driving ICT in this country for it to work effectively. In Dubai, the people driving ICT is the Amatuur family, they are like the prime minister of Dubai, in U.S apart from the government both the public and private sector are into agreement to sponsor or put in money for a particular project to make it successful. There is no way one can separate government from driving ICT in the country, the private enterprise can do it in bits, but it will be too expensive for end users, like in Nigeria most private entrepreneur wants quick return on their investment. How can they provide power, and other infrastructure required for development? It is the government that can do such a big project or enter into partnership with the private sector so that at the end the cost will not be too high  and  the facilities will be able to cover every nook and crannies of the country, and  service will  be rendered at low cost.
Naira Net Capacity in Service delivery
We are not doing all these alone; we have partners all over the world, such as Bevertec of Canada, which we are working with on establishing a National Internet Payment Gateway and financial process exchange through the Central Bank of Nigeria. We have Pentasoft Technologies in India for the establishment of education and training centers on ICT in Nigeria. We are also partnering with Euclid InfoTech, an Indian company to provide e-tender and e-procurement portals for publishing all government contracts and tenders, and we are also planning to upgrade the tender portal services for e-monitoring service.
We also partner with Infrasoft Technologies for secured anti-money laundering software solutions for banks which we have deployed it in UBA, Diamond Bank, Oceanic and Spring Banks and we would implement a core banking software solutions with the Banks very soon. We have Profiteer Corporation of Malaysia which we have signed an agreement with to provider advanced software technologies for revenue collections, debt recovery, legal and third party agency management for Nigeria. Also Amricon of Dubai for information and advance RFID ,smart technology that empowers government, financial institutions and business protection from fraud and document such as cheques, boarding passes, certificates cloning and counterfeiting and many others. We hope to offer all the services in Nigeria and indeed the entire African continent.
 All the companies are professional that have expertise in various technological platform and they are qualified engineers in software technology, with management and research skills.

 


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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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.NG Domain is Nigeria’s Pride Online – Akinsanya

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The .ng domain name, Nigeria’s country code top-level domain (ccTLD), is the nation’s critical resource in the digital space, says Adesola Akinsanya, the president of the Nigeria Internet Registration Association (NiRA).

Akintola Owolabi, Professor of Cost and Management Accounting at Lagos Business School (front – third from left; Adesola Akinsanya, the president of the Nigeria Internet Registration Association (NiRA) (Front – fourth from right), flanked by members of EBOD and Management Team of NiRA during a training programme at LBS.

The .ng domain extension is unique to Nigeria, and it can give businesses a strong local identity.

This can help establish trust with customers, which is especially important for businesses that rely on local customers.

Mr. Akinsanya made the comments at NiRA Executive Board of Directors (EBOD) and Management Training held at the Lagos Business School (LBS).

The NiRA Executive Board and Management Training at LBS spanned a series of intensive interactive sessions designed to address critical challenges and opportunities in the digital domain.

The training program emphasized the importance of strategic vision, ethical decision-making, and resilience in the face of digital disruptions.

Participants gained insights into global best practices in digital governance, risk management, and leveraging digital technologies for business growth and societal impact.

Mr. Akinsanya, highlighted the significance of the collaboration with LBS, stating, “The NiRA EBOD/Management Training at LBS underscores our commitment to fostering a robust digital ecosystem in Nigeria. It equips leaders with the expertise to address complex digital challenges especially in accounting and financial management while harnessing the immense opportunities of the digital age.”

The program featured distinguished speakers, industry practitioners, and faculty members from LBS, providing a holistic learning experience enriched with real-world case studies and practical insights.

Participants commended the program for its relevance, depth of content, and interactive learning approach, noting its immediate applicability to their roles and responsibilities.

The NiRA EBOD Training at LBS represents a milestone in advancing digital leadership and governance in Nigeria.

“By equipping leaders with cutting-edge knowledge and strategic insights, the program contributes to building a resilient and innovative digital ecosystem that drives sustainable growth and societal development, especially from NiRA perspective. We must fashion out ways of increasing .NG domain name adoption which is our national pride in the digital space”.

Speaking further on why Nigerians and businesses should adopt the .NG domain name, the NiRA president said, “.NG domain name gives your brand special recognition both on and offline.

“Using a .ng domain name can help your business stand out in the Nigerian and global market. It is a great way to differentiate your brand from competitors and establish a unique identity. A .ng domain name is easier to remember, which can make it more likely that customers will return to your website in the future”, he said.

“It instantly communicates to internet users that your business is located in Nigeria. This can be especially helpful if you operate in a niche or industry where location is important to customers”, the NiRA boss added.

He added that Google and other search engines prioritize local content in search results, hence using a .ng domain name can help improve your website’s search engine ranking for local searches.


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Climate Action Africa Opens Applications for CAAF24 Deal Room

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Climate Action Africa (CAA), a leading advocate for climate resilience and sustainable development, has announced the opening of applications for the Deal Room at the 2024 Climate Action Africa Forum (CAAF24). The Deal Room is a groundbreaking platform that aims to connect high-impact climate innovators in Africa with potential investors seeking to accelerate sustainable solutions.

The CAAF Deal Room is a strategic initiative that aims to create opportunities for innovators in the climate-tech domain focusing on emission reduction, energy, agriculture, transportation, circular economy, and building and construction.

The goal of the Deal Room is to select finalists who will have the opportunity to pitch their innovative ideas and solutions at the upcoming 2024 Climate Action Africa Forum, which will be held on June 19th in Lagos, Nigeria.

The Deal Room aims to boost investments in Africa’s green economy by galvanising a community of innovators, entrepreneurs, and investors to create applicable solutions that can mitigate the challenges of climate change on the African continent.

The Deal Room session will facilitate financing for solutions contributing to the growth and sustainability of Africa’s green economy. These deals may encompass prize money, equity plans, debt financing, mergers and acquisitions, and other investment options.

“Through the CAAF24 Deal Room, we aim to bridge the critical gap between promising climate ventures and the essential resources they need to thrive,” says Grace Oluchi Mbah, Co-founder and Executive Director of Climate Action Africa (CAA). “By facilitating connections between passionate entrepreneurs and dedicated investors, we can collectively unlock the immense potential of climate solutions in Africa.”

The eligibility criteria for applying include:

●     The company must be African-owned and operate in any of the 54 African countries.

●     It must be a for-profit company, between 1-5 years post-incorporation, post-MVP (minimum viable product), and post-GTM (go-to-market).

●     The company should leverage digital technology to deliver its business model.

●     Female ownership is an added advantage.

 Those eligible to apply include venture capitalists, impact investors, climate tech startups, Green SMEs (small and medium-sized enterprises), philanthropic organisations, and government representatives.

Following the CAAF24 deal-room will be a post-event accelerator in partnership with the Silicon Valley-based Founder Institute and IDEA Africa. This Africa-wide initiative is specifically designed to further accelerate and enhance support for promising Climate Tech startups and founders who participated in the Deal Room.

The official unveiling of this accelerator will take place at the Climate Action Africa Forum 2024 (CAAF24), marking a significant step forward in driving Climate Tech innovations throughout Africa.

Applications for the CAAF24 Deal Room are open from April 22nd until May 17th. Interested applicants can register at https://deal.caaf.africa/register.


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LCCI Urges FG to Simplify Trade Procedures to Boost Economy

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The Lagos Chamber of Commerce and Industry (LCCI) has said that the government needs to simplify and harmonize trade procedures and address bottlenecks in order to boost economic growth in the country.

President of LCCI, Mr. Gabriel Idahosa, gave the charge at a Quarterly media briefing on the State of the Economy yesterday in Lagos.

He said that the government has to create an atmosphere that promotes export growth and competitiveness, which is projected to boost export earnings, raise domestic revenue, improve citizens’ welfare, and increase business productivity.

“We recommend that reforms must include simplifying and harmonizing trade procedures as well as addressing bottlenecks such as port logistics, congestion, and transportation costs. This is expected to position the country as the commercial centre of the region and a springboard into regional value chains,” he stated.

On managing the persistent high inflation, the LCCI president said both monetary and fiscal authorities should focus on the factors driving the inflation rates by tackling the supply-side deficiencies instead of focusing too much attention on the demand-side management.

“We urge the Central Bank of Nigeria (CBN) to continue with its foreign exchange (forex) market reforms with intense discipline, as the high exchange rate against the naira is a major driver of the skyrocketing inflation rates.”

Idahosa acknowledged the improvement in the naira exchange rate in the last few days, moving towards the level of N1000 per dollar or lower.

“CBN needs to sustain its policy and regulatory reforms in the FX market, adopt policies that would attract more FX inflow into the economy as well as build market confidence in the performance of the FX market,” he added.

 


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