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Nigeria, Google To Partner In ICT Training For Youths

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Nigeria, Google To Partner In ICT Training For Youths

Mr . Adebayo Shittu, the Minister of Communications says the Federal Government will partner with Google to train the teaming technology savvy youths in various levels of ICT capacity development.

Shittu said this in a statement by Mr Victor Oluwadamilare, the Special Assistant on Media to the minister, at the closing of a Google event in Lagos on Thursday.

According to him, the government will deploy the opportunity given by Google to further open up the accessibility of turning around the nation’s economy and making ICT the mainstay.

He said that Nigeria as a nation had so much more to learn and gain from the digital revolution being championed by Google.

The minister commended the commitment of Google Nigeria to implement ambitious reforms and bring about macroeconomic stability in the context of the country’s ongoing Smart Digital Nigeria transition process.

Shittu stressed that the efforts were bearing tangible results and had laid the foundation for a credible path to fiscal sustainability and collaboration.

He said that Google, being one of the tech giants in computing and the web, had been at the centre of the digital penetration.

He said that with its popularity it had opened platforms that power lots of smartphones with android and other digital tools.

“A lot has changed in Nigeria since the huge wave of Internet and mobile adoption globally. Today, access to smart phones and the web is growing.

“Indeed, there are about 149 million mobile subscribers and 97 million internet users, 76 per cent of them can access the internet on their phones.

“The growth in adoption of these trends amongst Nigerians presents huge opportunities for businesses which is important for government’s ambition on economic diversification.

“However, only a small number of individuals and enterprises are currently taking full advantage of new digital opportunities available.’’

The communications minister said it was therefore worthy to note that through critical partnerships government was leveraging on Google’s strong community relationships, the goal to train one million people in Nigeria and Africa.

“It is also instructive to note that the web is a driver of economic growth, and is transforming society as a whole.

“People must be equipped through training and re-skilling to make use of the tools and take advantage of it for entrepreneurship, employment and e-inclusion.’’

The minister said there was no better time to collaborate with Google Nigeria and to harness the benefits of ICT than now when the Nigerian economy was in dire need of diversification.

“ICT is strategic in driving productivity and efficiency in all sectors of the economy and virtually all sectors leverage ICT for optimal performance.

“To this end, I charge you to key into the ministry’s mandate and collaborate with my ministry.

“It is only logical that government is determined not only to create policies and incentives but also collaborate with global tech leaders like Google to ensure smart digital Nigeria initiative become a reality.

“And to make technology more accessible and useful to drive more businesses and in turn, contribute to a richer and diversified economy,” he said.

The minister said he looked forward to where all Nigeria’s major languages would have web portals.

He recalled that Google in 2016 announced its commitment to train one million young people in Africa in digital skills as part of its contribution to growing digital economy across Africa.

He said that shortly after the announcement, Google launched digital skills web portals in English, French and Portuguese as a way to reach individuals in areas where physical training was unavailable.

“Having over one million digitally skilled young people in Africa is not good enough, you can do more than that.

“ If many young people have the right skills, they will build businesses, create jobs and boost economic growth across the continent,” he charged Google

Shittu promised that the ministry would continue to support the establishment of companies or organisations in the areas of hardware and software development by ensuring that they were protected through requisite regulations.

READ: FG committed to combating illegal financial flows

“We have accepted that Nigeria must take the leadership role in Africa’s ICT ecosystem. Therefore, we are amenable to Public Private Partnership to drive the Ministry’s projects.

“As government’s preparation for the Fourth Industrial Revolution, the Federal Government had conceived a national ICT Park and Exhibition Centre in the Federal Capital Territory.

“The establishment of the centre will encourage investments in the ICT sector and complement the ICT University which will also produce the required skilled manpower for the industry.

“On this note, I invite Google to play a very active role as a partner in ensuring the successful take off of the ICT University of Nigeria.’’

He said that government was determined to leverage ICT and break its monopoly and open up the economy to foreign investors just as it did in the telecom sector.

He further said that in spite of the Economic Growth and Recovery Plan of government, the government was determined to actualise the content of the ICT roadmap.

“This is imperative for the country’s highly import-dependent and consumption-driven economy. This administration has hinged the Economic Recovery Plans on ICTs as well as with fiscal and strategies policies,” he said.

EVENTS

Nigeria Selects “Mai Martaba” As International Feature Film (IFF) Contender For 2025 Oscars

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Mai Martaba as international feature film contender | fab.ng

The Nigerian Official Selection Committee has selected the epic Hausa film, Mai Martaba as its contender for the International Feature Film (IFF) category at the 97th Academy Awards. The Committee announced in an official statement that they selected the film to contend for the Oscars because of its theme and visual appeal.

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MUSIC

Don Jazzy Announces Tega Oghenejobo As The New President Of Mavin Records

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Tega Oghenejobo As The New President Of Mavin Records | fab.ng

On Tuesday, October 29, 2024, Michael Collins Ajereh, the visionary founder of Mavin (Records) Global, better known by his stage name Don Jazzy, announced a significant expansion within the company. He announced Tega Oghenejobo as the new president of Mavin Records.

Tega has been an integral part of Mavin’s journey. Now, his position as President has elevated his status in the company. In addition, he has been in the existing role of Chief Operating Officer (COO).

Don Jazzy expressed his admiration for Tega’s passion and resilience. He acknowledged his ability to spot these qualities in Tega from the early stages of their professional relationship.

He said,

I’m proud to announce @TEGAMAVIN expanded role as President and COO of Mavin. I am often praised for being able to spot and raise superstars, but I can proudly say the most genius thing I have done in my life was being able to spot the passion and resilience in Tega.”

“From the early days, I’ve watched him be curious about the business, build teams, develop executives, and ensure our talents have sustainable careers from the start. His commitment to growing Mavin and shaping the future of African music has been relentless, and I’m confident that with him in this role, we’ll continue to break new ground and achieve even bigger milestones for our artists and company,” he added.

Accepting the appointment gracefully, Tega Oghenejobo said,

“I’m honored to step into this new role as President & COO of Mavin Records. It means embracing new challenges, setting new goals, and reaching new heights. Thank you, Supreme Leader @donjazzy, for your unwavering belief and trust in me to lead the Mavin team.”

Check here for more updates.

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BUSINESS

Moniepoint Reaches African Unicorn Status With $110 Million Funding Boost

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Moniepoint reaches African unicorn status | fab.ng

Moniepoint Inc., a leading fintech company in Africa, has successfully raised $110 million in equity financing. This is to power the dreams of millions of businesses and their customers across the continent and the diaspora.

The Series C investment was led by Development Partners International’s African Development Partners (ADP) III fund. It is a premier fund focused on Africa.

Additionally, new investors joined the funding round. This includes a leading African private equity firm, Google’s Africa Investment Fund and Verod Capital. Existing investor, Lightrock, a global impact firm, also participated.

Tosin Eniolorunda and Felix Ike founded Moniepoint (formerly known as TeamApt) in 2015. Initially, it focused on providing infrastructure and payment solutions for banks and financial institutions. It has since grown into Nigeria’s leading business banking provider, trusted by millions of businesses.

The capital raised will be used to accelerate growth for Moniepoint across Africa.

Further, that entails building an all-in-one, seamlessly integrated platform for African businesses of all sizes. This platform will include services such as digital payments, banking, foreign exchange (FX), credit, and business management tools, making it a one-stop shop for business solutions.

Moniepoint’s exceptional contributions to Nigeria’s financial services sector have been widely acknowledged, along with its enviable track record of serving customers across Africa.

Each month, Moniepoint processes over 800 million transactions, with a monthly total value exceeding $17 billion, all while operating profitably.

Tosin Eniolorunda, Founder and Group CEO of Moniepoint Inc., expressed his excitement about the successful funding round and the company’s plans to expand its offerings and reach across the African continent.

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