Business
NCC Awards N233 Million in Research Grants, Professorial Chair Endowments
AJAGBE ADEYEMI TESLIM
Sponsored by: H&H
Consistent with its recognition of the academia as a central stakeholder in its commitment to linkages and local development sphere of the Nigeria’s telecommunications sector, the Nigerian Communications Commission (NCC) has awarded fresh research grants and endowed professorialChairs in some Nigerian universities in the sum of N233 million.
From the total sum, N172.5 million was awarded to support 13 proposals found to have met the stipulated criteria in the advertised 2021 Request for Proposal (RfP) for Telecommunications-Based Research Innovations from Nigerian Tertiary Institutions (research grant) Programme.
Additionally, three universities received the sum of N20 million each for endowments of professorial chair by the Commission.
Speaking at the award ceremony, which took place at the Commission’s Head Office in Maitama, Abuja, on Thursday, April 7, 2022, the Executive Vice Chairman of the Commission, Prof. Umar Garba Danbatta, said the event demonstrated Commission’s strong resolve in advancing the impact of digital technologies on the national economy, using indigenous products and solutions.
While presenting award letters to the Lead Researchers of the beneficiaries of the 13 research grants, Danbatta said, under the Telecommunications-Based Research Innovations, tertiary institutions submit detailed and well thought-out research proposal, on specific thematic areas provided by the Commission.
The proposal are expected to result in the development of commercially-viable prototypes as concrete harvests.
According to Danbatta, in 2021 RfP, the Commission received a total of 55 research proposal that focused on five emerging technology areas, namely: Fifth Generation (5G) deployment; Innovative Clean Energy; Advanced Method of Quality of Service (QoS)/Quality of Experience Management and Test Mechanism; Internet of Things (IoT); Low Power Wide Area Network (LPWAN) Technology; and Monitoring and Localising of Drones.
“After thorough evaluations, 13 proposals were found to have met the stipulated criteria.
Indeed, this is a clear testimony to the objectivity and painstaking approach to the evaluation process aimed at ensuring that the best quality is achieved and only researches that could produce prototypes with the potential of providing solutions to both local and global challenges were selected,” Danbatta said as he congratulates the 13 successful research awardees.
The EVC also presented dummy cheques of N20 million each to the Vice Chancellors of three Nigerian universities, namely: University of Port Harcourt, Rivers State; Usman Danfodio University, Sokoto; and Federal University of Technology, Minna, Niger State, who are the beneficiaries of the NCC’s Professorial Chair Endowments.
“The Commission has endowed professorial chairs in tertiary institutions across the country, as a mechanism in entrenching innovations in our tertiary institutions, as well as having graduates that are “industry-ready”.
The endowment of professorial chairs in universities is one of Commission’s initiatives in supporting the academia to focus on research in Information and Communication Technology (ICT) in order to enhance the advancements of emerging technologies,” Danbatta stated, to underscore the purpose for instituting professorial chairs in tertiary institutions.
The fresh endowment in the three universities brings to seven, the number of universities that the Commission has endowed professorial chairs. Earlier, the NCC had instituted professorial chairs in Federal University of Technology, Owerri, Imo State; Bayero University, Kano, Kano State; Abubakar Tafawa Balewa University, Bauchi State; and University of Ibadan, Oyo State.
Meanwhile, the EVC stated that while the implementation of the endowment is through a Memorandum of Understanding (MoU) signed between the Commission and each benefitting university just as the Commission recently included the sighing of MoU as part of the implementation of the Telecommunications-Based Research Innovations.
The EVC stated that with the latest awards and endowments, the Commission has committed more than N660 million to Nigerian tertiary institutions for ICT-focused research innovations.
This is in demonstration of commitment to driving the attainment of the goals of the Federal Government’s agenda on digital economy, as captured in the National Digital Economy Policy and Strategy (NDEPS), 2020-2030.
Earlier in his remarks, NCC’s Head of Research and Development (HRD), Kelechi Nwankwo, thanked the EVC for his vision to continually deepen collaboration between the Commission and the Academia.
Nwankwo expressed optimism that the Management of the Commission would continue to allocate the requisite resources to research, development and innovations that are necessary for the industry to continue to contribute to the socio-economic development of the country.
The HRD said the initiatives which are policy-driven were instituted as a proof of Commission’s appreciation of the importance of working with stakeholders to engender innovations and build indigenous technological capabilities that would strengthen the ICT ecosystem, not only in the provision of services but also in the development of the communications manufacturing and supply sector within the Nigerian economy.
He said collaborations such the one with the academia are in line with the NCC’s Strategic Management Plan (SMP), 2020-2024, because strategic partnering has been identified as a critical pillar for the attainment of NCC’s corporate objectives.
Nwankwo encouraged the beneficiaries of the research grants and the universities that benefited from the endowment of professorial chairs, to put the financial resources into proper use that will produce research outputs that address societal problems and contribute to further growth of the telecoms sector.
Expressing appreciation on behalf of the beneficiaries, the Vice Chancellor, Usman Danfodio University, Prof. Lawal Bilbis, assured the Commission that the funds will be put to judicious use.
Business
Access Bank Group, Aig-Imoukhuede Foundation Pledge $300m to Transform Africa’s Economic Landscape
“We can’t wait to be saved; Africans need to solve Africa’s problems. This $300 million commitment reflects this reality’’ – Aig-Imoukhuede
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The Aig-Imoukhuede Foundation and Access Bank Group have pledged $300 million in charitable commitments over the next 20 years. Access Bank has committed $200 million and Aig-Imoukhuede Foundation committed $100 million.
President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.
This will fund African government initiatives with a proven potential to transform national economic performance.
Speaking about the commitment, Aigboje Aig-Imoukhuede, Chairman, Access Holdings and Co-Founder, Aig-Imoukhuede Foundation, said, “We can’t wait to be saved, Africans need to solve Africa’s problems. This $300 million commitment reflects this reality.”
President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.
Appropriately, this announcement was made at the Africa CEO Forum 2024 in Kigali, Rwanda, where the theme of this year’s event is ‘At the table or on the menu?’. At the event, CEOs from across the continent joined to discuss how Africa can demand a seat at the global table, rather than continuing to wait to be invited.
The fund will see the creation of an African-led Super NGO in partnership with academics, experts and philanthropists across the globe who are committed to closing the gap between Africa and the rest of the world. The NGO will work with African governments to provide the funding, governance and talent required to successfully execute game changing government reform programs, especially in the delivery of digital public infrastructure.
The development comes at a time when Ajay Banga, President of the World Bank, has warned wealthy countries that it would be short-sighted to “ignore” Africa. This landmark Africa-led initiative could not have been better timed.
Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC and Co-founder, Aig-Imoukhuede Foundation and Ofovwe Aig-Imoukhuede, Co-founder, Aig-Imoukhuede Foundation, on the sidelines of the Africa CEO Forum 2024 in Kigali…Thursday.
“We African leaders cannot sit back and watch the 4th Industrial Revolution transform the rest of the world while leaving Africa falling further behind. We have to create our own ‘table’ by using technology to unlock the power of our youth, giving Africa a greater voice in the world. It’s today’s leaders who will determine whether or not we grab this opportunity,” Aigboje Aig-Imoukhuede continued.
The availability of digital public infrastructure is a proven and cost-effective way for developing nations to break free of the status quo. It provides citizens with access to the same public goods and services available to citizens of advanced nations.
The India Stack has become a shining example of what can be achieved when visionary public and private sector leaders partner for development.
The Access Bank and Aig-Imoukhuede Foundation inspired NGO will make such partnerships a reality and delivering measurable improvements to the lives of Africans across the continent.
Notes to Editor:
For media inquiries, please contact:
communication@aigafrica.org or +234 808 5716 788
mediarelations@accessbankplc.com or +234 803 320 4315
ABOUT THE AIG-IMOUKHUEDE FOUNDATION
The Aig-Imoukhuede Foundation is a public sector-focused philanthropic organisation founded by Aigboje and Ofovwe Aig-Imoukhuede to improve the lives of Africans through transformed public service delivery and increased access to quality primary healthcare. The Aig-Imoukhuede Foundation accomplishes its mission by supporting the reform initiatives of public sector entities, providing financing, technical support, and capacity-building programmes and resources for the public sector workforce. The Foundation also provides funding and strategic support to drive the work of affiliate organisations such as Africa Business Coalition for Health (ABC Health), the Private Sector Health Alliance of Nigeria (PSHAN), the Nigerian Solidarity Support Fund (NSSF) and others.
For more information, please visit www.aigimoukhuedefoundation.org.
Business
AIGBOJE AIG-IMOUKHUEDE APPOINTED PRESIDENT OF FRANCE NIGERIA BUSINESS COUNCIL
AIGBOJE AIG-IMOUKHUEDE APPOINTED PRESIDENT OF FRANCE NIGERIA BUSINESS COUNCIL
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
At the esteemed Choose France Summit 2024, held on Monday, May 13, 2024, Aigboje Aig-Imoukhuede, the Chairman of Access Holdings PLC, was formally appointed as the President of the France Nigeria Business Council (FNBC) by the President of the French Republic, President Emmanuel Macron.
Aigboje Aig-Imoukhuede having a handshake and a tête-à-tête with President Macron at the Council’s meeting with the President, and Gilbert Chagoury looking on.
The France Nigeria Business Council (FNBC) stands as a pivotal coalition of Nigerian private sector business leaders, committed to enhancing bilateral relations between Nigeria and France. Its core objectives revolve around the facilitation of trade, investments, infrastructural development, job creation, and cultural integration between the two nations.
Since its establishment in June 2021 under the auspices of President Emmanuel Macron, the FNBC has diligently utilised its member network to champion investments across key business sectors, fostering cultural understanding and driving economic growth between Nigeria and France. Notably, it has catalysed Nigerian businesses’ ventures into investment opportunities within France.
Comprising 13 distinguished members, the Council boasts prominent figures including Aigboje Aig-Imoukhuede (President), Abdul Samad Rabiu, Gilbert Chagoury, Mike Adenuga, Aliko Dangote, Jim Ovia, Tony Elumelu, and John Coumantaros. Additionally, Kola Karim, Leo Stan Ekeh, Daisy Danjuma, Gbenga Agboola, and Jean Haas serve as integral members, with Jean Haas holding the position of Secretary.
Aig-Imoukhuede’s appointment follows the passing of Herbert Wigwe, the Council’s former President, in February 2024.
Aigboje Aig-Imoukhuede having a handshake and a tête-à-tête with President Macron at the Council’s meeting with the President, and Gilbert Chagoury looking on.
The Choose France Summit is an annual gathering that convenes business magnates, investors, and governmental dignitaries to explore investment prospects within France. The highlight of the Summit was the Presidential Dinner, characterised by high-level engagements and mutual commitments between participating parties.
Business
ACCESS BANK (SL) LTD STRENGTHENS LEADERSHIP TEAM WITH KEY BOARD APPOINTMENTS, NAMES NEW CHAIRMAN
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Access Bank Sierra Leone Ltd (‘Access Bank (SL) Ltd’) has announced the appointment of new executives to its Board of Directors (‘the Board’), further strengthening its leadership team and advancing the implementation of its growth and transformation strategy.
These appointments also reflect the Bank’s commitment to fostering growth and development while maintaining the highest standards of governance and stewardship.
Joining the Board as Non-Executive Directors are Maurice Nathaniel Cole, Nsikak N. Usoro, Michala Mackay, Ibrahim Khalil Lamin, and Kolawole Augustine Ajimoko.
The appointees boast a wealth of expertise from diverse sectors, including banking, telecommunications, corporate governance, compliance, and finance. Their combined experience and vision will contribute to shaping the future trajectory of Access Bank (SL) Ltd.
Cole will serve as Chairman, following the exit of Alice Marie Onomake and will bring his experience to the fore as Access Bank (SL) Ltd works to consolidate its market position and deliver value for all its stakeholders.
“We are thrilled to welcome our new executives to Access Bank (SL) Ltd,” said Ganiyu Sanni, Country Managing Director, Access Bank Sierra Leone Ltd. “Their leadership and vision will be invaluable as we navigate through challenges and pursue sustained success. We extend our gratitude to outgoing Chairman, Alice Marie Onomake, and Non-Executive Director, Aminata B. Dumbuya, for their dedicated service and contributions to the Bank.”
Access Bank (SL) Ltd remains committed to excellence, transparency, and accountability as it embarks on this exciting new chapter. The Bank looks forward to leveraging the collective expertise of its leadership team to drive innovation, foster growth, and create lasting impact for its customers and communities.
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