" ITREALMS: gaps
Showing posts with label gaps. Show all posts
Showing posts with label gaps. Show all posts

Thursday, February 05, 2026

Onne Customs hits 15.4% revenue growth, tackles documentation gaps @stakeholder engagement - ITREALMS

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The Port Harcourt Area II Command of the Nigeria Customs Service (NCS) has moved to streamline operations at Onne Port following revelations from its recent Time Release Study (TRS), reports ITREALMS.
Onne Customs hits 15.4% revenue growth, tackles documentation gaps @stakeholder engagement - ITREALMS
During a high-level stakeholder engagement held on Tuesday, February 3, 2026, the Customs Area Controller, Comptroller Aliyu Mohammed Alkali, challenged port users on strict compliance with cargo documentation to eliminate avoidable delays in the supply chain.

Thursday, October 30, 2025

Bokku Mart Ad fallout: Mirror to Nigeria’s digital prejudices and regulatory gaps by Remmy Nweke - Telecoms Clinic@ITREALMS

Telecoms Clinic@ITREALMS ... making leadership SENSE with digital news!

The Bokku Mart ad controversy exposes deep-seated digital prejudices and weak advertising oversight in Nigeria. In this edition of Telecoms Clinic@ITREALMS, REMMY NWEKE examines the urgent need for ethical regulation, cultural sensitivity, and responsible influencer marketing practices.

Bokku Mart Ad fallout: Mirror to Nigeria’s digital prejudices and regulatory gaps by Remmy Nweke - Telecoms Clinic@ITREALMS
Preamble:
The controversy surrounding the recently deleted Bokku Mart online advertisement has once again exposed Nigeria’s uneasy intersection between digital influence, ethnic sensitivity, and weak advertising oversight. What began as a routine promotional video by a supermarket chain has spiraled into a national debate about prejudice, brand accountability, and the dangers of unregulated influencer marketing in the digital age.

Wednesday, November 20, 2024

Fagbemi, Kwara Governor, EU-RoLAC highlight gaps in judicial system - ITREALMS

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The Minister of Justice and attorney general of the federation, Mr Lateef Fagbemi (SAN), Governor of Kwara State, Mallam Abdulrahman Abdulrazaq and other stakeholders have highlighted the necessity of embarking on reforms in the nation's judicial system.
Fagbemi, Kwara Governor, EU-RoLAC highlight gaps in judicial system - ITREALMS
Fagbemi and Governor Abdulrazaq made these statements on Tuesday at the commencement of the conference of the Network of Justice Sector Reform Teams (JSRTs) in Ilorin, Kwara State organised by the Ministry of Justice with the assistance of the European Union-funded Rule of Law and Anti-Corruption (RoLAC II) Programme of the International IDEA.

Wednesday, June 14, 2023

NCC: Nigeria’s telecom access gaps drop by 53% - ITREALMS

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The number of identified areas of clusters across Nigeria without access to the telecommunications services has been reduced by 53.1 per cent as at the end of 2022, reports ITREALMS.

NCC: Nigeria’s telecom access gaps drop by 53% - ITREALMS
The Executive Vice Chairman and Chief Executive Officer of the Commission, Prof. Umar Garba Danbatta, disclosed this at a recent telecoms industry stakeholders forum in Yenagoa, Bayelsa State.

Saturday, June 18, 2022

Experts: Gaps in financial inclusion may jeopardise CBN targets - ITREALMS

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Experts in the financial sector have identified gaps in the set objectives by the Central Bank of Nigeria (CBN), capable of jeopardizing significantly the number of Nigerians who may be excluded from the formal financial System of the country, reports 
ITREALMS.
Speaking at the inaugural conference of Oriental News Nigeria with theme “Engaging with critical groups to develop effective financial inclusion initiative" held on Thursday at the Sheraton hotel Ikeja Lagos, Dr Uju Ogubunka, CEO Bank Customers Association of Nigeria, stated that the financial inclusion policy of the federal government which commenced in 2012 is geared towards ensuring that no Nigerian is short changed in its financial intermediations policies and economic development plans.

Sunday, June 26, 2016

Digital Economy: Spontaneous deregulation tests regulatory gaps

Just recently, I facilitated a seminar for the Lagos Judiciary at the Lagos Business School with theme Digital Economy and Legal Regulation. The aim of the programme was to share insights on the emerging digital economy with their Lordships, and draw attention to the imperative for regulatory evolution in the face of the pervasiveness of online platforms of the kind operated by technology giants such as Facebook, Google, Uber and Airbnb. There is hardly an area of economic and social interaction these days that is left untouched by these platforms in some way.

The Regulatory Gaps
To fill the regulatory gaps in the digital economy, these behemoths have resorted to what could be referred to as spontaneous deregulation. I first encountered this term in an article by Benjamin Edelman and Damien Geradin, and has arisen as a result of digital disrupters ignoring laws and regulations that appear to preclude their business model, which is typically based on providing platforms for crowd sourcing and giving rise to the sharing economy. Believing in the efficacy of their utility model and its appeal to a pent up global demand, these disrupters seem to see many rules and regulations as belonging to the past and impractical for today’s innovative clime. They therefore simply ignore them, opting for their own version of self-regulation, usually based on a mutual rating system between service providers and consumers. It is this skirting of existing regulation that is referred to as spontaneous private deregulation.

These disrupters make the rules for themselves as they go along, because in fairness to them, as their platforms reshape markets, the scope of activity subject to regulation tends to decrease, and various forms of protection disappear. These companies operate in interstitial areas of the law because they present new and fundamentally different issues that were not foreseen when the governing statutes and regulations were enacted.

Two major areas in which these digital czars have riled the establishment are in transportation and hospitality; the major ‘culprits’ being UBER and Airbnb. UBER, until recently a relatively unknown company out of Silicon Valley in California employs 160,000 drivers today, and is adding an average of 20,000 drivers every month. This transport services disrupter is now valued at $41b, and operates in many major cities across the globe. Airbnb, a previously obscure company with similar roots and reach, has over 1.5m accommodation on her platform, and is now valued at $25b.

The need for ‘platform fairness’
Axelle Lemaire, French secretary of state in charge of all things digital, insists that France is open to platform operators, but consumers have to be protected. She is sponsoring a law to be passed by the French Parliament which will create the principle of ‘platform fairness’. 

Karnataka state in India, where Uber piloted its India service two years ago has directed taxi aggregators such as Uber to stop operations in the state until they secure a licence from the government, triggering sharp reactions from the corporate world. Getting a licence would mean no more surge pricing, complying with the maximum fares fixed by the government periodically and registering with local transport authorities. The question is why has it taken the Karnataka government such a long time to wake up to regulatory gaps in her transport sector? And how many other cities are in this quagmire?

The U.S Supreme Court recently ended a decade-long battle over Google’s massive book-scanning project, declining to take up an appeal by authors who claimed the company violated copyright law ‘’on an epic scale’’. The justices denied certiorari in Authors Guild v. Google, 15-849, leaving in place a ruling last year by the U.S. Court of Appeals for the Second Circuit that said Google’s project was permissible. The appeals court decision invoked the ‘’fair use’’ doctrine, which permits some ‘’socially beneficial’’ use of published works such as news reporting or research, that would otherwise constitute copyright infringement.

Airbnb has had its fair share of issues with one of her largest markets, New York.  A major concern is the legal regime within which Airbnb operates; one that is marked by poorly drafted laws that fail to account for challenges presented by the sharing economy. As explained by Airbnb cofounder Brian Chesky, “There were laws created for businesses, and there were laws for people. What the sharing economy did was create a third category: people as businesses,” to which the application of existing laws is often unclear. These new business models raise complex questions that have not yet been addressed by either legislatures or courts.

Because the threat of enforcement actions can have a chilling effect on start-ups and their users, state and local government officials should consider how their actions may affect burgeoning businesses. Officials should encourage the sharing economy’s growth through collaborative efforts rather than seek to protect incumbent businesses.

Regulation seems too slow in catching up
The slow pace of regulation evolution seems to strongly suggest that the legal profession itself is ripe for a technology revolution that will optimise the largely manual and laborious process of enacting laws and regulation in the face of the aggressive pace of digital innovation.

I recall the indignation of their Lordships when I cautioned that the learned profession could be more vulnerable than they think when it comes to disruption, and that emerging technologies like cognitive computing and other forms of machine learning can help narrow the gap between regulation and innovation.

Much as it may sound improbable, given its intrinsic consultative nature, I was not surprised when I came across an article on the World Economic Forum’s collaborative platform, announcing that a Law firm Baker & Hostetler has done just that!

Green shoots of technology in Law and Regulation
According to the article, Baker & Hostetler has announced that they are employing IBM’s AI Ross to handle their bankruptcy practice, which at the moment consists of nearly 50 lawyers. Ross, “the world’s first artificially intelligent attorney” built on IBM’s cognitive computer Watson, was designed to read and understand language, postulate hypotheses when asked questions, research, and then generate responses (along with references and citations) to back up its conclusions. 

Ross also learns from experience, gaining speed and knowledge the more you interact with it. “You ask your questions in plain English, as you would a colleague, and ROSS then reads through the entire body of law and returns a cited answer and topical readings from legislation, case law and secondary sources to get you up-to-speed quickly,” the website says. “In addition, ROSS monitors the law around the clock to notify you of new court decisions that can affect your case.”

Ross also minimizes the time it takes by narrowing down results from a thousand to only the most highly relevant answers, and presents the answers in a more casual, understandable language. It also keeps up-to-date with developments in the legal system, specifically those that may affect your cases. According to CEO and co-founder Andrew Arruda, other firms have also signed licenses with Ross, and they will also be making announcements shortly.

This disruption, happening to the most unlikely profession, with a highly codified ethic is a clear manifestation that no industry is immune from disruption in the impending fourth industrial revolution. Any industry that does not figure out how to be a part of it might as well write their obituaries. My takeaway expressed to their Lordships after the seminar was that the digital revolution is like a train whose drivers are the entrepreneur disrupters. 

The passengers are the global customers with a pent up demand for the value and convenience that they provide. Naysayers to this phenomenon can stand in front of the train and be crushed, stay on the platform and be left behind, or come on board for a ride into progressive partnership.

Regulators still have much to learn about how to deal with platforms. They have no choice than to get more involved and get the needed expertise. But will they? The jury is still out.


*Contributed by Austin Okere is the Founder of CWG Plc, the largest Systems Integration Company in Sub-Saharan Africa & Entrepreneur in Residence at CBS, New York. Austin also and serves on the World Economic Forum Business Council on Innovation and Intrapreneurship.

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Pix: Okere with Justice Opeyemi Oke, representative of Chief Judge, Lagos State at the event.