During the Texcellence Conference 2023 organized by CWG Plc in Lagos, Mallam Kashifu Abdullahi, the Director-General of the National Information Technology Development Agency (NITDA), unveiled an ambitious plan to position Nigeria as a global technology talent hub.

The event, themed ‘Innovating for the Future,’ was the platform for this announcement.

Mr Kashifu emphasized the profound impact of digital technology on people’s lives and work, highlighting the transformative potential of technology.

He urged the technology industry to focus on innovating in both traditional and future industries, emphasizing that technology is the driving force behind progress in any sector.

Furthermore, he stressed the role of technology in personalizing businesses and enhancing customer interactions, emphasizing its potential to boost productivity and shape the future.

The Director-General also revealed NITDA’s commitment to training over three million Nigerians within the next four years, with the goal of empowering individuals to create their own job opportunities and achieve success in technology-related fields.

Mr Kashifu underscored the importance of fostering trust and collaboration between the government and the tech ecosystem, believing that such a partnership could drive positive change.

At the same event, Afolabi Sobande, the Chief Operating Officer of CWG, expressed the company’s pride in being a leading technology service provider in Nigeria. CWG sees this role as a means of contributing to society and the nation’s technology sector by bringing industry experts together to discuss how to advance the country and the tech industry.

Adewale Ayeyipo, the Group Chief Executive Officer of CWG, emphasized the need for industry stakeholders to engage in dialogue, bridging the gap between the private sector, home to numerous startups, and the government, which oversees regulatory matters.

The conference aimed to raise awareness about the significance of innovation and facilitate discussions on the way forward for the industry and the country as a whole.

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TECHDIGEST – Experts have stressed the need for the federal government to develop sound policies that will support the growth of businesses at all levels.

This was raised at the TeXcellence conference by CWG during its 30th anniversary.

According to those familiar with the Nigerian tech industry present at the event, policy formation and implementation could make or mar technology businesses that drive the economic growth of a country when fully implemented.

Worried about the shrinking global economy and rising inflation that are already affecting the Nigerian economy, tech experts are calling on the federal government to create a balanced system for tax and subsidy policies in order to enhance equitable distribution among all taxable individuals and organizations.

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Austin Okere, the founder and executive vice chairman of CWG Plc noted that the Nigerian economy is shrinking because of the imbalance in the system. He pointed out that Nigeria currently spends far more than it earns, while its debt profile rises. He also stated that the continuous subsidy financing by the federal government is an imbalance and a major setback for Nigeria economy.

‘’In Nigeria, an averaged citizen pays more tax than the rich citizens because of the imbalance in the system. The tax system is supposed to be used to tax the rich in order to fund social programmes for the poor, but in Nigeria the reverse is the case where the poor are taxed in order to sustain government relation with the rich. If subsidy is removed from petroleum products and from foreign exchange, there will be balance in the economy.’’

He also added that sound policy implementation could promote businesses and drive development across the country.

Philip Obioha noted that lack of sufficient technical skills and scarcity of Forex, which affect businesses in Nigeria are some of the challenges faced by companies offering tech solution. As a result, he noted that a few available technology companies are in high demand as organizations are looking for technology companies to offer technology solutions for businesses growth.

He added that the banks are also looking for technology partners to grow their financial businesses. “All of these happened because of sound policies that opened business opportunities”

Adewale Adeyipo also spoke about how companies such as CWG is leveraging technology to drive the next phase of development by providing solutions to the challenges of e-commerce and future businesses.

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TECH DIGEST – The Nigeria Information Technology Reporters Association (NITRA) has announced more partnerships for its upcoming event, tagged NITRA TECHNOLOGY FORUM 2021.

The event, which will hold on Thursday, May 27, 2021, at CitiHeight Hotel and Virtually on Zoom now has Cryptocurrency trading platform, Vintage Confluence LLC; Nigeria’s CWG Plc and Layer3 Limited joining other leading stakeholders to set issues around the growth of data hosting, preservation and utilisation in the country.

Vintage Confluence LLC is a leading global organization that offers solutions to Cryptocurrency Investors who need to sell their bulk Bitcoins in exchange for cash in Nigeria & South Africa.

The company’s mission is to provide traders with the most comprehensive Web-based trading platform available with no hassle or verification.

Vintage Confluence LLC is the most reliable, fastest and cheap e-currency exchanger with collective experience dating back to the origin of Bitcoin, providing thousands of satisfied customers with the right rates, at the right place, and at the right time.

As an active leader and certified vendor in the cryptocurrency industry since 2019, Vintage Confluence has been able to provide amazing exchange rates and quick execution of payment from small orders to large orders. This platform provides a seamless interface between the trader and Vintage Confluence as its Vendor.

CWG Plc, is a leading provider of Information, and Communication Technology solutions services across West, Central, and Eastern Africa.

CWG is also a leading cloud services provider, enabling Africa’s SMEs to exploit cloud services for commerce and management.

Layer3’s core solution, Layer3Cloud is an Infrastructure-as-a-Service (IaaS) solution that allows businesses and organizations of all types to remotely and virtually build, manage, store and instantly deploy servers and data in our secure data centre based in Nigeria.

The company’s solutions cut across all sectors and include the innovation of the data center, software, server & storage systems, mobile device management, security & network infrastructure solutions and access solutions including broadband and VPN services.

With the theme: Achieving 30% Growth In Local Cloud Hosting By 2024, NITRA TECHNOLOGY FORUM 2021 will seek to bring stakeholders together in a panel session to discuss current challenges affecting Cloud businesses, policies that should facilitate growth and solutions to the challenges identified.

The forum will also dwell extensively on challenges and proffer solutions to factors mitigating against effective domiciliation of our locally-generated data.

Speaking on the relevance of the forum, the Chairman of NITRA, Mr. Chike Onwuegbuchi, noted that over the years, Nigeria has been contending with the need to secure the country’s data and further boost local content in all sectors of the economy.

He acknowledged that the Covid-19 pandemic presented an eye-opener to many companies on the need to secure their data and cloud architecture. “Specifically, the Forum will offer Cloud service companies, data infrastructure companies and other stakeholders, opportunities to reach out to their target market with solutions that addresses their challenges and needs.”

The event, which will be steered under the chairmanship of the Chief Executive Officer, Internet Exchange Point of Nigeria (IXPN), Muhammed Rudman, now have NITDA, Cloudflex, Rack Centre, Vintage Confluence LLC, CWG and Layer3 as sponsorship partners.

Also speaking on the event, the Association’s National Secretary, Mr. Chidiebere Nwankwo assured that the array of speakers at the event will not only chart a way for data and cloud growth in Nigeria, but will also present options in data/cloud services that will offer micro, small, medium organisations opportunities to digitize at very minimal cost.

He further stated that the event will be streamed live online via social media and Zoom platform.

It will be recalled that the federal government has set things in place towards achieving local content development in the industry.

This quest was captured when the National Digital Economy Policy and Strategy (NDEPS) was instituted. The 8th pillar of NDEPS highlights the mission towards Indigenous Content Development & Adoption.

Other Pillars are: Developmental Regulation; Digital Literacy & Skills; Solid Infrastructure; Service Infrastructure; Digital Services Development & Promotion; Soft Infrastructure; Digital Society & Emerging Technologies; and Indigenous Content Development & Adoption.

Virtual participants can also join the conversation on Zoom platform, via the LINK.

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