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GITEX NIGERIA: LAGOS READY TO HOST THE WORLD, SAYS HAMZAT

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GITEX NIGERIA: LAGOS READY TO HOST THE WORLD, SAYS HAMZAT

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Lagos State Deputy Governor, Dr. Obafemi Hamzat, has expressed the Lagos State Government’s readiness to host the GITEX Nigeria conference in September next year.

Deputy Governor of Lagos State, Dr. Obafemi Hamzat and other stakeholders at a meeting during the GITEX 2024 held in Dubai.

He said the State Government and indeed the entire technology ecosystem in Nigeria would be very receptive to the coming of the global tech show to the country, especially Lagos State, where tech and innovation have found a good ground in Africa.

Dr. Hamzat stated this during a meeting with Trixie LohMirmand, the Chief Executive Officer of Kaoun International, and her management team in the Lagos Pavilion at the ongoing GITEX 2024 in Dubai.

The Deputy Governor stated that there could not have been a better time for the tech world to make their presence felt in Africa, particularly Nigeria, than now, when the country is experiencing an upsurge in the growth of talents in technology and innovation.

Hamzat said the Governor Babajide Sanwo-Olu administration was deliberate in its decision to make technology drive more of the State’s development programmes.

He said: “Lagos, for example, does what we call ‘Art of Technology (AOT),’ which is now in its fifth year. With the AOT, a lot of young entrepreneurs in the IT and innovation space have been discovered, and many of them are now running as business, with its attendant effect on our economy and the entire ecosystem.

“Another great thing that we’ve discovered is that the number of young entrepreneurs in Lagos State is unbelievable, and like you said, we can’t bring everybody here to Dubai. So, bringing GITEX to Lagos is very good, and it will allow even other countries to see what is possible. Because the news that we get out there is not real.”

The Deputy Governor added that the young innovators in Lagos are already creating real solutions, saying their creation is solving real-life problems and are helping their immediate families, friends, and communities.

“There are 10-year-old, 12-year-old children that all they do is coding, because they want to help their parents sell their products and services. For example, young innovators whose parents are fishermen or fish sellers. The parents are probably petty traders. But these primary and secondary school pupils sit down, do the codes to help their parents sell, and people come all over the place to buy. The parents are surprised to see the massive turnout of customers at their stalls—that is the power of technology and innovation, and as a State Government, we are more than happy to host an event of this nature that would help to connect these talents that we have in abundance to the countless opportunities out here.

“We have pockets of knowledge in our State. The question for us is, how do we explode it, how do we actually make it out there, and then allow people to benefit? The creators also need to benefit from their thinking. So, my hope is that GITEX Nigeria can do that for us when you are able to bring all these young people from different areas. 

“I know its technology, but how do we take it to entertainment? Entertainment is big in Nigeria; the creative industry is the next oil as far as we are concerned, and that is why we are investing heavily in that sector,” Hamzat said.

The Chief Executive Officer of Kaoun, Trixie LohMirmand, said, “Technology is a necessity; it is not a luxury, saying that the world needs it for survival.” 

She said the last time she visited Nigeria for a meeting, she and her team saw young Nigerians who “sat in a small room with systems on their laps doing great things.” 

LohMirmand, whose company organises GITEX Global, said they are committed to discovering new partners and to connect Nigeria to opportunities that are yet untapped in the technology space.

She said: “That is our role. We will need a lot of support from your Government in terms of logistics and security for us to organise a good show in Lagos, Nigeria.”

GITEX, the biggest technology showpiece in the world, connects people with industry leaders from big tech, global governments, innovative startups, expert investors, and corporate buyers. It is a computer expo held annually at the Dubai World Trade Center in the United Arab Emirates.

The event underpins the rapid technology-driven transformations, investments, and projects shaping the economies of the Middle East, Africa, and Asia.

This year is the fourth time that the Lagos State Government is attending the World Technology event. The last three attendances by the state have driven value to Lagos, bringing investment opportunities into the tech space and also enhancing the capacity of tech start-ups, directly and indirectly.

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.

The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.

Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.

Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.

According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.

Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.

Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.

She further encouraged them to apply for the loans initiated by the government as done by students in other countries.

The Speaker requested the students to formally send their complaints in written forms to the House for action.

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EFCC Tasks Corps Members on Corruption

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

EFCC Tasks Corps Members on Corruption

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.

He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.

Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”

The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.

Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”

While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”

“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.

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