" ITREALMS: 2015-12-06

Saturday, December 12, 2015

ITU hosts workshop on digital financial inclusion, targets unbanked 2bn



The International Telecommunication Union (ITU) has concluded plays to host a workshop on digital financial services and financial inclusion to address needs of over 2 billion ‘unbanked’ people globally, reports ITRealms.

Before now, mobile money experts have harped on the need to prioritize discussion of consumer protection.

The workshop slated for December 14, is expected to analyse the latest developments in the market for digital financial services (DFS), or ‘mobile money’ just as the topics for discussion would address consumer protection, with accompanying sessions exploring merchant payments, DFS market competition, and DFS interoperability.

ITRealms gathered that the free-of-charge, open-to-all workshop would host representatives of the information and communication technology (ICT) and financial-services sectors to supplement the work of the ITU Focus Group on Digital Financial Services, which would meet at ITU, between 15-16 December.

The Focus Group, ITRealms also gathered is developing a set of operational recommendations, tools and solutions to assist countries in establishing financial-inclusion strategies capable of promoting widespread adoption of DFS.

The group’s upcoming meeting will advance key deliverables to improve the cooperation of ICT regulators and central banks, build greater understanding of the roles and responsibilities of the stakeholders comprising the DFS ecosystem, and support DFS operators in their efforts to achieve service interoperability.

The workshop slated to hold at ITU headquarters in Geneva, Switzerland is expected to attract participation from financial and telecommunication regulators and stakeholders from around the world will discuss consumer protection, interoperability, access to infrastructure, and security and risk management.

Equally particpating include ITU member states, ICT regulators, financial services regulators, policymakers, mobile network operators, banks, financial service providers, mobile financial-services platform providers, international organizations, academia and non-governmental organizations.
Other participants would include representatives of the Alliance for Financial Inclusion (AFI); AMDOCS; ANATEL, Brazil; Banco Central do Brasil; Bangladesh Bank; Bangladesh Telecommunication; Regulatory Commission, (BTRC); Bangko Sentral ng Pilipinas; Bank of Ghana; Bank of Indonesia; Bank of Uganda.

Just as Bill & Melinda Gates Foundation; bKash Limited; Centre for Financial Regulation and Inclusion (CENFRI); Centre for Financial Inclusion at Accion (CFI); CGAP; China Mobile; Columbia Business School; Consumer’s International; Ericsson; Glenbrook Partners; GSMA; Hitachi; Huawei Technologies; Intervale; ISO; National Communication Authority, Ghana; NTRA, Egypt; MasterCard; MicroSave; Ministry of Communication and Information Technology, Indonesia; Ministry of ICT, Postal and Courier Services, Zimbabwe; SocialEco Ltd; Tanzania Communication Regulatory Authority (TCRA); Tunisie Telecom; United Nations Conference on Trade and Development (UNCTAD); United Nations Development Programme (UNDP); World Bank; Zambia Information and Communications Technology Authority, (ZICTA).

 +ITRealms DSA +ITU 

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Buhari directs CBN to disclose names of looters, refunders



ITRealms:
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to in due course disclose the names of those refunding alleged looted funds into the purse of the federal government, reports ITRealms.

Speaking Friday in a keynote address at the Osigwe Anyiam-Osigwe Foundation lecture series 2015 held at International Conference Centre, Abuja on “Incorruptibility; A spiritual premise for material wellbeing,”
President Buhari gave this direction, but called for patience on the side of Nigerians.

"We must kill corruption before corruption kills us. Investigations are ongoing on public officers who served, or are still serving, and those whose conduct were questionable will be compelled to accept the path of honour and surrender their loots," he said.

President Buhari also noted, a good number of people who abused their positions are voluntarily returning the illicit funds

“I have heard it said that we should disclose the names of the people, and the amount returned. Yes, in due course, the Central Bank of Nigeria will make information available to the public on the surrendered funds, but I must remark that it is yet early days, and any disclosure now may jeopardize the possibility of bigger recoveries. But we owe Nigerians adequate information, and it shall come in due course. It is part of the collective effort to change our land from the bastion of corruption it currently is, to a place of probity and transparency," he said.

Buhari equally said that the anti-corruption war is not strictly about him as a person, “it is about building a country where our children, and the forthcoming generations, can live in peace and prosperity. When you see dilapidated infrastructure round the country, it is often the consequence of corruption. Poor healthcare, collapsed education, lack of public utilities, decayed social services, are all products of corruption, as those entrusted with public resources put them in their private pockets. That must stop, if we want a new Nigeria.”

He insisted that corrupt acts will always be punished, and there will be no friend, no foe. Just as Buhari promised his leadership would strive to do what is fair and just at all times, but people who refuse to embrace probity should have every cause to fear.

He invited Nigerians to look at the corruption problem in the country, and tell him how they feel as a Nigerians.

“Our commonwealth is entrusted to leaders at different levels of governance, and instead of using the God given resources to better the lot of the citizens, they divert them to private use. They then amass wealth in billions and trillions of naira, and other major currencies of the world, ill-gotten wealth which they cannot finish spending in several lifetimes over. This is abuse of trust, pure and simple. When you hold public office, you do it in trust for the people. When you, therefore, use it to serve self, you have betrayed the people who entrusted that office to you,” he said.
 

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Ghanaian Kudzro emerges top @ Airtel Prize in Education’15



A 27 year-old Ghanaian social entrepreneur, Lily Kudzro, has emerged top prize winner in the Airtel Nigeria sponsored Prize in Education award at The Future Awards 2015, reports ITRealms.
Kudzro's emergence saw the nominations of Cynthia Onwuchuruba from Nigeria and three others, namely Josephine Marie Godwyll, Abena Agyemang and MacCathy Lomotey in the same category.
A press statement from Airtel made available to ITRealms noted that the decision to throw its weight behind the Future Awards 2015 and endow the Prize in Education was influenced by corporate philosophy of enriching lives and promoting wealth creation through support for education. It is also its way of encouraging African youths towards academic greatness and contributing positively to society.
Responding after receiving the Prize in Education award, Kudzro expressed appreciation to Airtel Nigeria and the organisers of the award for recognizing the potentials in African youths.
“I am excited about winning the Future Awards Africa 2015 Prize in Education. And I say a big thank you to Airtel Nigeria for endowing the education category. Africa needs more corporate organisations to throw their weight behind such course and other important issue. Africa needs you, Africa needs all of us” Kudzro said.
ITRealms recalls that Kudzro owns Devio Arts Centre, a social enterprise initiative, where she uses creative and digital art as a catalyst, to stimulate constructive learning and creative thinking in Ghanaian children. The centre tackles creativity in communities and helps to build creative life skills through programs that bring experts from the working field, and makes use of technology to engage and train students on current trends.
She believes that children and young people can create and inspire their own future and can become change- makers in their communities. Kudzro hopes to impact 100,000 African students within the next 5 years.
Airtel, through its CSR initiative tagged Adopt-a-School programme, has consistently supported several primary schools in Nigeria.

 

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Friday, December 11, 2015

Security alert: U.S. Mission in Nigeria warns citizens to avoid areas frequented by Westerners



 
The United States (US) Mission in Nigeria has warned its citizens in the country of security report indicating that terrorist are targeting areas frequented by Westerners for possible attack, reports ITRealms.

A press statement from the mission available to ITRealms, US has confirmed that it received information that groups associated with terrorism may be planning to mount attacks against hotels in Nigeria that are frequented by westerners. 

“No further information is available regarding the timing or method of attack,” part of the statement read.

US Mission which maintains close contact with Nigerian security service also said advised all U.S. citizens to be vigilant when at hotels and around areas frequented by expatriates and foreign travelers such as churches, mosques and other places of worship; locations where large crowds may gather; and government facilities. 

Security measures in Nigeria, US said, have remained heightened due to threats posed by extremist groups, and U.S. citizens should expect additional police and military checkpoints, additional security, and possible road blocks throughout the country.

The mission further urged citizens to review their personal security plans; remain aware of their surroundings; and monitor local news stations for current information and updates. 

“Maintain a high level of vigilance and take appropriate steps to enhance your personal security,” US warned citizens.


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A requiem for Nigerian Research and Education Network



One of the proudest moments in the history of the Nigerian education sector was the successful implementation and commissioning of the Nigerian Research and Education Network (NgREN).

Being the first of its kind in Sub-Saharan Africa, the pomp and pageantry that accompanied the unveiling event seemed justified and earned. The network which boasts 465mbps (megabits per second) of internet capacity represented 20 times the average connectivity capacity leveraged by the universities.

This was a project conceptualized, deployed and managed by Nigerians under a consortium of indigenous companies including CWG Plc, Airtel, Medalion, Resourcery and Phase 3; finally, a project for us by us.

The idea of the NgREN was conceptualized as far back as 2004. After a long period of dormancy, it was revived under the auspices of the Nigerian Universities Commission (NUC) and the Committee of Vice Chancellors (CVC) in January 2010.

The objective was for a Research and Education Network that will connect all Higher Institutions of Learning together, and to the global Research and Education Network. The achievement made Nigeria the first in sub-Saharan Africa to join the league of countries in Europe and America that had functional Research & Education Networks.

A catalytic fund was secured from the World Bank as grant, and counterpart funding by the Federal Government in mid-2012 for the first phase of the project, while the procurement cycle was concluded in February 2013. 

The first phase of the project which connected 27 Universities, the CVC and the NUC, with over one million users, delivered 155mbps capacity to each university and connected to the Multiprotocol Layered Switch core network, which had a 10Gbps capacity, as well as 465mbps internet capacity, providing high definition telepresence capabilities for real-time collaboration, voice over internet protocol, shared access to research content and joint experimentation projects.
 
The second phase was planned to cover five more clusters of about 100 institutions and five million users. Subsequent phases were to cover all higher education institutes numbering over 600; Federal, State and Private.
The network was to be connected to the London Open Exchange via an international private leased circuit, and offer additional services such as web hosting, unified communication, digital library collection, video bridging and archiving services.

This indeed would have afforded Nigerian Universities the opportunity to take a quantum leap in standards, and significantly improved their low ranking in quality of teaching and research output, and thereby bringing them closer to their global peers.

But alas, this is not to be, as the much heralded NgREN has been shut down for the past eleven months due to non-payment of the segment bandwidth fees. The consortium of local providers have however, left all the equipment intact in good faith, awaiting the provision of bandwidth to restore services.

Apart from the immense benefit in value and standardization, the economies of scale of the project saves the universities immense costs, as embarking individually on such a project will be grossly suboptimal and prohibitively expensive.

Nigeria has a long history of poor project execution and abandonment. According to journalists Chuka Uroko and Joshua Bassey, in the past couple of years alone, it is estimated that over 11,886 federal government projects with an estimated value of N7.7trillion have been abandoned.

Should we start singing a funeral dirge to a well conceptualized and implemented system as the NgREN, with all its benefits after spending so much of tax payers' money on it? By this action of omission or commission we would have inadvertently reversed the solid gains made in the broadband transformation agenda, and shut our youth from the emerging digital economy. 

The importance of broadband to the digital economy and social development cannot be overemphasized.  This is underscored by the open letter from the Global Broadband Commission to the G20 leaders’ meeting as far back as 2012, wherein they enumerated the importance of broadband in moving the global economy onto a higher growth trajectory, and in generating sustainable and social and economic growth of all nations, especially literacy development to address inequity and deliver inclusive growth for all. In particular, they argued that broadband enabled technologies are simulating fresh innovation and inspiring a new generation of digital entrepreneurs. The digital era will produce a whole new range of digital careers and industries of the future. Broadband reduces barriers to entry, offering opportunities for small and medium enterprises to challenge existing hierarchies, to innovate, compete and grow.

The targets of the NgREN were to make broadband universal among our youth in higher institutions and their surrounding communities, make it affordable, connect homes and businesses, and get more people online. In essence, it would have enabled our institutions to have the same opportunities to learning as those in the developed world, and also have the same impact on their communities as is currently witnessed in places such as Silicon Valley in America.

With such nonchalance to educational development in our country, it is no surprise that none of our local universities is included in the ranking of the world’s best 1,000. Tertiary education in Nigeria has suffered from long periods of neglect to the extent that parents would rather take their children to countries like Ghana, UK, US and Canada. It is estimated that Nigerians studying in British and American Universities have spent over N137billion on tuition and living expenses in the last two academic sessions. If the over 71,000 Nigerian students who pay tuition fees in Ghana were to contribute the N160billion they spend annually, they would account for about 40 per cent of the Nigerian education budget. According to Mr. Ian Stewart, a member of the British Parliament, there are about 30,000 Nigerian students in the UK alone. 

In the wake of the expressed resolve of the Muhammadu Buhari led federal government to make public institutions more accountable and responsive to the needs of the society, it is expedient to immediately revive the NgREN project, and in the medium to long term properly situate it, including exploring Private, Public Partnership to ensure that a laudable project such as this does not die an avoidable death. We should as a nation learn to stop being wasteful in the face of acute scarcity, and make the most of our scare resources.

*Austin Okere is the Founder of CWG Plc & Entrepreneur in Residence at CBS, New York. Austin Okere is a Fellow of the Institute of Directors of Nigeria, and serves on the World Economic Forum Business Council on Innovation and Intrapreneurship
 


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