Personality in Focus
GITEX 2022: An Encounter with Digital Economy Maestro
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By Yushau Shuaib
I arrived at GITEX 2022 in Dubai with the hope of waylaying Professor Ali Ibrahim Pantami for an exclusive interview on politics, alongside the challenges, excitements, disappointments, and accomplishments of his ever-inspiring exploits in public office, particularly since his appointment as the Minister of Communication and Digital Economy.
Pantami remains one of the few cabinet members in President Muhammadu Buhari’s administration who are highly pragmatic, charismatic, and results-oriented. He boldly builds partners with sincere allies, surmounts hurdles and never shies away from the good fight towards accomplishing what has been described as unprecedented feats in his Ministry. He is truly Nigeria’s Digital Economy maestro.
The results are certainly obvious for many to see: Apart from the digital economy sector now playing a pivotal role in lifting the Nigerian economy out of recession, it is continuously recording the highest growth rate in the country’s public sector.
Just as parastatals under his Ministry are remitting trillions of naira into the coffers of the Federal Government, a lot more in taxes and duties are also being paid by ICT companies and other sectoral players into the national treasury. It’s a case of the golden goose that is being properly tended to and which continues to lay the golden eggs that expand the national fortunes, especially in a period of global fiscal crisis.
I was interested in asking him about the spirit behind the significant number of policies developed and the hundreds of projects executed by his Ministry towards providing an enabling environment for the sustainable growth of the communications and digital economy sector.
Rather than being granted what I had expected to be a straightforward interview, the Minister rather got me into covering the week-long activities of the Nigerian delegation at the Dubai World Trade Centre (DWTC), which he led. This was the 2022 edition of the annual Gulf Information Technology Exhibition (GITEX Global), from the 10th of October 2022 in Dubai.
The delegation led by Pantami was a powerful one, having officials from Nigeria’s public and private sectors, including regulators, academics, media practitioners, change makers, and young entrepreneurs. Nigeria has been attending GITEX because of its enormous benefits, especially in attracting foreign direct investment to the country.
Some of the distinguished personalities on the entourage were Executive Vice Chairman of the Nigerian Communications Commission (NCC), Professor Umar Danbatta; Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa; Director General of the National Identity Management Commission (NIMC), Engr Aliyu Aziz; Managing Director/Chief Executive Officer of Galaxy Backbone Limited, Professor Muhammed Bello Abubakar, and Chairman of the Board of Nigerian Postal Service (NIPOST), Barrister Maimuna Yaya Abubakar.
As the Minister went about attending a series of summits, meetings and exhibitions, I had the opportunity of being able to engage him intermittently, and I learnt a lot both from him and in my coverage of some of these events.
While inaugurating the Nigerian exhibition pavilion, Pantami informed the audience of how, in the last three years, the Federal Government had launched several programmes, policies and projects, which have been yielding results in great leaps and bounds that have contributed to the flourishing of the country’s digital economy sub-sector.
Immediately after the inauguration and tours of numerous stands, the Minister led the team to the Startups exhibitions, where at least nine Nigerian young technology innovators had spots in the semi-final of the GITEX tech-invention competition, known as the Supernova Challenge Pitch Competition, organised by North Star Dubai.
The Challenge is the biggest pitching competition in the Middle East, Africa and South Asia, where startups have the opportunity to become the next unicorns, with up to $200,000 in cash prizes up for grabs.
The Minister interacted and took pictures with promoters of the startups. He also had words of encouragement for the Nigerian semi-finalists, including Identity Pass, 9JaCodeKids Academy, Floews, Medtech, Paddycover, Pricepally, LiveBic, Technyon Technologies, and Wellness Health Technologies.
On the second day, at the Nigerian pavilion, the Minister received visitors and also held a series of meetings with representatives of governments and big corporations seeking partnerships with Nigeria in the areas of digital identity, cybersecurity, and artificial intelligence, among others.
Pantami held bilateral conversations and meetings with the Minister of Artificial Intelligence and Digital Economy of the United Arab Emirates, Sheikh Omar Sultan Alolama and the Minister of IT and Telecommunications of Pakistan, Mr. Syed Amin Ul Haque, among other top global public figures.
The Minister also met with officials of the Dubai World Trade Center to explore areas of collaboration, as Nigeria is the largest Africa digital economy. A Senior Vice President, MEA of Oracle, Antonio Mesa consulted with Pantami towards the deepening of collaboration with Nigeria on the growth of the digital economy, through universal licences and corporate social responsibility.
A strategic meeting was equally held with Vice-President of Amazon, Isabella Groegor-Cechowicz on a similar level of partnership. A dollar vault of investment opportunities was opened for the start-up community, as the Nigerian team engaged with Amazon Web Services (AWS).
One of the greatest achievements of Nigeria at GITEX 2022 came in the form of the opening up of massive opportunities as the Minister signed, on behalf of the Federal Government, a Memorandum of Understanding (MOU) with the global tech giant, Microsoft Corporation. This is for the training of five million Nigerians on high-demand technological skills that are needed for consolidating the capacities of citizens as native players in the burgeoning digital ecosystem and economy.
The Microsoft representative, Mr Deen Yusuf, said the gesture is bound to enlarge knowledge bases, and capabilities, and create massive spinoff potentials that will enhance careers, livelihoods and the national fiscal well-being. Commending the tech giant for the prospects, Pantami said Nigeria would continue to provide an enabling environment and ensure that regulatory instruments are developmental and flexible for Microsoft and other businesses to flourish.
The Deputy Governor of Lagos State, Dr Obafemi Hazmat met with the Minister and discussed how Lagos could benefit from the Microsoft offer. Lagos is the only state from Nigeria that sponsored startups to #GITEX2022.
It is necessary to state that out of over 800 applications received for the Supernova pitch competition from 37 countries across 13 categories, nine Nigerian startups emerged among the 140 semi-finalists. The 26 that made it to the finals of the Supernova competition also had two Nigerian startups. Eventually, ShapShap, from Nigeria, emerged as Global Best in the Mobility and Smart Cities category, winning a cash prize of $8,000.
The Minister was elated by the success stories of Nigeria’s participation at this year’s event. Apart from the award to the winning startup, NITDA was equally honoured with the Dubai World Trade Centre (DWTC) Most Valued Partnership Award in recognition of the agency’s extraordinary dedication and service at the startup and tech event.
Similarly, at the end of a discussion on Digital Inclusion: Aligning Regulators and Network Providers to Bridge Digital Divide, Professor Pantami was presented with the prestigious DWTC Leadership and Commitment Award 2022, in recognition of his commitment towards advancing the digital economy at both the ATU and ITU this year. He was the only person honoured with the highly prestigious award this year.
Speaking at the Summit, the Minister said Nigeria has a lot of policies to close the digital divide and promised that the government would soon pass the Start-up bill into law for enlarging the vibrancy of the sector.
Less than a week after his assurance to the global community at GITEX 2022, on the eve of Professor Pantamis 50th birthday, President Buhari signed the Startup bill into law. Not only was this carried out as a tribute to the significant achievements of the Minister, the President said: “The appointment of Pantami was one of the best choices I have made because he has added tremendous value to good governance.”
Buhari went further in his testament that Pantami’s depth of knowledge of complex issues was amazing and remarkable, and his loyalty and dedication to duty were worthy of emulation. I also join numerous well-wishers in praying that may Almighty Allah continue to guide, protect and bless the Minister with good health and wisdom in the service of the country and humanity.
Yushau Shuaib is the author of An Encounter with the Spymaster
Gunmen who kidnapped the chairman of Jezco Group, Chief Joseph Ezeokafor, have reportedly increased their ransom demand from N700 million to N1.5 billion for his release.
Ezeokafor, a septuagenarian businessman, was reportedly abducted in Anambra State about a week ago.
The kidnappers initially demanded N700 million from the businessman’s family.
Unofficial reports quoting an anonymous source said the kidnappers had established contact with the family after the abduction.
The source said the family accepted the initial N700 million demand as part of efforts to secure Ezeokafor’s release.
However, the kidnappers later increased the ransom to N1.5 billion.
The source said the family remains willing to negotiate with the abductors, but the kidnappers have allegedly stopped further communication.
The development has reportedly left the family in a difficult situation, as attempts to restore contact with the abductors have not yielded results.
Ezeokafor was kidnapped on Tuesday at about 2am after he reportedly left his home for a prayer ground as part of his annual spiritual rejuvenation.
He was said to have left his security details behind when he stepped out of his residence, which the kidnappers capitalized on, to abduct him.
One week after the incident, the police and the State government authorities have yet to make any official statement on the businessman’s abduction.
The Anambra State Police Command has also not publicly commented on the incident.
Personality in Focus
Lessons from Dickem Farms: Two Decades of Pioneering Innovation in Nigeria’s Aquaculture Industry
By Ayo Oyoze Baje
“Our philosophy has always been simple: innovation should solve real problems, create opportunities and improve livelihoods.”
Introduction
For over two decades, Dickem Farms has remained committed to transforming Nigeria’s aquaculture industry through innovation, technology, enterprise development and human capacity building. What began in 1999 as a vision to improve fish production has evolved into one of the country’s respected aquaculture enterprises, recognized for pioneering practical solutions that have strengthened fish farming and empowered the next generation of agripreneurs.
Dickem Farms was the first to introduce mobile fish ponds into the Nigerian market, making fish farming more flexible, affordable and accessible to investors and smallholder farmers. The company also pioneered the local production of a floating fish feed extruder that uses locally available materials, reducing dependence on imported technology while lowering production costs for fish farmers. In addition, Dickem Farms has invested in modern hatchery systems that produce healthy, high-quality fingerlings to support commercial fish production.
Our philosophy has always been simple: innovation should solve real problems, create opportunities and improve livelihoods.
Recent experiences and initiatives
To get more important information about the farm there were questions on the different aspects, starting with the experiences in the past five years. Let us glean from the horse’s mouth. According to the Managing Director, Godwin Emaketenemi, “Over the last five years, we have continued to strengthen our production systems for both catfish and tilapia. Our focus has been on improving fingerling quality, enhancing pond management practices and maintaining strict water-quality monitoring to maximise fish survival and productivity.
“We also introduced better feeding programmes and comprehensive record-keeping systems that enable us to monitor growth performance, feed conversion efficiency and mortality rates.
Rather than pursuing rapid expansion, we have adopted a disciplined strategy of scaling only after achieving consistent operational results.
“This measured approach has enabled Dickem Farms to build a resilient business capable of supplying quality fish and aquaculture services to customers in Lagos and across Nigeria.”
Overcoming challenges:
On the challenges faced and how they were overcome, he stated that: “Like every agricultural enterprise, we have encountered significant challenges. Rising feed costs, unreliable electricity supply and disease management remain major concerns within the aquaculture industry. Instead of allowing these obstacles to limit our growth, we viewed them as opportunities for innovation.
Producing our own quality fish feed has significantly reduced production costs while giving us greater control over feed quality and formulation. We have also improved water-management systems and operational planning to minimize the effects of power instability.
“At the farm level, stronger biosecurity measures, improved hygiene and proactive fish-health monitoring have substantially reduced disease outbreaks and production losses.”
Marketing strategies
With regards to marketing he explained that; “Production alone does not guarantee success; a reliable market is equally important. Dickem Farms has therefore, built long-term relationships with wholesalers, retailers, restaurants and institutional buyers. We grade our fish according to customer specifications and schedule harvesting to coincide with periods of stronger market demand.”
Training programs
Furthermore, with the focus on training he explained that: “Our reputation has been built on dependable supply, consistent quality and customer trust.
One of our proudest achievements is our investment in people. We believe that sustainable agriculture depends not only on technology but also on developing competent professionals and entrepreneurs.
Over the years, Dickem Farms has trained hundreds of staff, industrial attachment (IT) students, graduates and aspiring fish farmers in practical aquaculture.
“Our training covers hatchery management, pond construction and management, fish nutrition, water-quality management, fish-health monitoring, biosecurity and business record-keeping.
More importantly, we do not stop at training. We mentor young graduates and entrepreneurs, providing technical guidance and business support until they are confident enough to establish and successfully manage their own enterprises. Seeing former trainees become successful employers and business owners remains one of our greatest rewards.
“Continuous learning has also shaped our growth. Through partnerships with foreign organisations and technical visits to leading aquaculture companies, we have gained valuable knowledge in modern hatchery technology, fish-health management, production efficiency and operational excellence.”
Government ‘s support
Coming to the need for government’s support he beamed light on it this way:
“These experiences have strengthened our technical capacity and enabled us to transfer global best practices to Nigerian farmers.
Nigeria possesses enormous potential to become a leading aquaculture producer in Africa. However, unlocking that potential requires stronger collaboration between government and the private sector.
We recommend tax exemptions or significant tax incentives for fish farming and aquaculture value-chain businesses to encourage investment.
“Farmers also need affordable financing with realistic repayment terms, reliable access to quality fingerlings, improved energy support and stronger extension services that provide timely technical guidance on fish health and disease prevention. Organized marketing systems that connect producers directly with institutional buyers will further strengthen the industry’s competitiveness.”
Piece of advice to the younger generation:
His piece of advice to young people who might be interested to go into fish farming:
“To young people considering aquaculture as a career or business, my advice is straightforward: seek proper training and find a credible mentor. Fish farming is a science and a business that rewards discipline, knowledge and patience. Begin with manageable investments, keep accurate records, master water-quality management and learn from experienced practitioners before expanding.
“A good mentor can save years of costly mistakes and accelerate the journey to success.”
As the future beckons:
As for plans for the future he highlighted that: “Looking ahead, Dickem Farms will continue to invest in innovation, local technology development, commercial hatchery expansion, fish-feed production, modern aquaculture equipment and practical capacity building. Our ambition is not only to grow our business but also to contribute meaningfully to food security, employment creation and economic development.
Our long-term vision extends beyond Nigeria.
“We believe Africa possesses the resources, talent and entrepreneurial spirit to feed itself and compete globally. Through innovation, strategic partnerships and investment in people, Dickem Farms will continue to play its part in building a modern aquaculture industry that delivers prosperity for farmers, affordable nutrition for families and sustainable growth for the continent.
Our mission remains unwavering: to inspire a future where Africans feed Africa through innovation, enterprise and excellence in agriculture.”
These indeed, are brilliant submissions for us all to learn from now and always.
The Chairman of First HoldCo, Femi Otedola, has strengthened his stake in the financial institution after acquiring an additional 1.77 billion shares valued at N222.20 billion.
Details contained in a disclosure filed with the Nigerian Exchange (NGX) showed that the shares were purchased on Thursday through his investment company, Calvados Global Services Limited.
The latest transaction raised Otedola’s shareholding in First HoldCo from 9.99 billion shares to 11.77 billion shares, with his ownership increasing from 21.96 per cent to 25.88 per cent.
The purchase marks Otedola’s second major investment in the company this July, following his acquisition of 706.13 million shares worth N77.58 billion on July 22.
With the fresh acquisition, Otedola’s total investment in First HoldCo has climbed to N1.47 trillion, making him the institution’s largest shareholder.
