Technology
Buhari Inaugurates Council to Boost Digital Economy, e-Government
By Adedapo Adesanya
President Muhammadu Buhari has inaugurated the Presidential Council on Digital Economy and e-Government, promising that his administration will continue to take advantage of digital technologies to transform every sector of the economy.
At the event on Friday in Abuja, the President directed the Minister of Communications and Digital Economy, Mr Isa Pantami, to chair the council on his behalf and give regular updates.
He tasked members of the council to work towards further strengthening the capacity of government to develop, adopt and deploy digital technologies to make government more efficient and transparent, thereby improving Nigeria’s global standing in the ease of doing business index.
Mr Buhari noted that the organisation, whose members have been arrived at after a painstaking and thorough process, would provide the oversight needed to bring about a veritable structure for accelerating achievements in the digital economy and in the implementation of e-government in the country.
He enjoined every member of the council to consider the task as a national assignment and justify the trust reposed in their ability to support and significantly enhance the digital transformation of Nigeria.
“I launched the National Digital Economy Policy and Strategy (NDEPS) on the 28th of November, 2019, and expanded the mandate of the then Ministry of Communications to include Digital Economy.
“The implementation of that policy and mandate has enabled us to achieve significant progress and record a number of unprecedented achievements.
“The impact of the COVID-19 pandemic on the global economy showed that the steps we took in developing and implementing NDEPS were indeed timely.
“For example, the Information and Communications Technology sector was the fastest growing sector in both the fourth quarter of 2020 and the entire year 2020, based on the Report by the National Bureau of Statistics.
“The sector’s 14.7 per cent double-digit growth rate was instrumental in supporting our country to exit the recession triggered by the COVID-19 pandemic, far earlier than predicted by experts.
“The significant contribution of 17.92 per cent by the ICT sector to our GDP in the second quarter of 2021 is another example of the important impact of the digital economy on the overall economy.
“In the same vein, the growth of our digital economy sector enabled us to cope with the effect of the lock-down as both activities of the government and private sector, as well as educational activities, were able to move to online platforms,” he said.
Furthermore, Mr Buhari expressed delight that the approval of the National Policy on Virtual Engagements for Federal Public Institutions had helped to formalise government online meetings.
According to him, statutory meetings like the Federal Executive Council (FEC), Council of State, and other meetings can now effectively and legally take place online.
He added that Nigeria’s progress in e-governance had been noted by the international community, eliciting recognition from international stakeholders, including the appointment of the Minister of Communications and Digital Economy as the Chairman of the 2022 Forum of the highly regarded World Summit of the Information Society.
While congratulating the minister, the president acknowledged that the ministry has partnered with the Korea International Cooperation Agency to develop a National e-government Master Plan, approved by FEC in August 2019.
The President listed benefits from the partnership, including “the training of over 1,400 Nigerian public servants in both Nigeria and South Korea on e-governance; the launching of an E-Government Training Centre handed over to the Federal Government in November 2019, and the signing off of Phase II of the e-government Project – Project for Building Foundations Towards Digital Governance in Nigeria (2020-2026).”
On his part, Mr Pantami noted that NDEPS launched in 2019, made provision for the establishment of the Presidential Council to coordinate the development of an indigenous digital economy.
While describing the implementation of NDEPS for a digital Nigeria as very successful, the minister said in the last two years, the sector had provided ICT intervention to no fewer than 1,667 institutions at the federal and sub-national levels.
He stated that the recent auctioning of spectrums by the ministry generated over 400 per cent of revenue to the federal government coffers while two virtual institutions established by the government had trained some 500,000 Nigerians on digital and emerging technologies.
The 27-man committee chaired by Pantami on behalf of the president has the following members: Boss Mustapha, Secretary to the Government of the Federation; Governor Inuwa Yahaya of Gombe State; Governor Nasir El-Rufai of Kaduna State; Governor Abdullahi Sule of Nasarawa State; Governor Godwin Obaseki of Edo; Governor Babajide Sanwo-Olu of Lagos State and Senator Hope Uzodinma, Governor of Imo.
Others are Dr Zainab Ahmed, Minister of Finance, Budget and National Planning; Adeniyi Adebayo, Minister of Industry, Trade and Investment; Dr Folasade Yemi-Esan, Head of Civil Service of the Federation; and Prof. Umar Danbatta, Executive Vice Chairman/CEO Nigerian Communications Commission.
Prof. M.B. Abubakar, Managing Director/CEO, Galaxy Backbone Limited; Dr Abimbola Alale, Managing Director/CEO, Nigerian Communications Satellite Limited; and Aliyu Aziz, Director General/CEO, National Identity Management Commission, are also members of the council.
Also on the committee are Mr Oswald Guobadia, Senior Special Assistant, (Digital Transformation) to the President; Olufemi Olufeko, Director, e-Government Dept, Federal Ministry of Communications and Digital Economy; A.B. Okauru, Director General, Nigeria Governors Forum; Prof. Simon Sodiya, President Nigeria Computer Society; and Gbenga Adebayo, Chairman, Association of Licensed Telecommunications Operators of Nigeria (ALTON).
Other members are Prof. Kabiru Bala, representative of the academia and Vice-Chancellor, Ahmadu Bello University, Zaria; Prof. Nnenna Oti, representative of the academia and Vice-Chancellor, Federal University of Technology, Owerri; and Mr Kashifu Abdullahi, Secretary and the Director-General/CEO, National Information Technology Development Agency (NITDA).
Mr Sungil Son, Country Director (KOICA); Dr Olufemi Adeluyi, Technical Assistant (Research & Development) to Minister of Communication & Digital Economy; and Abubakar Dahiru, Special Assistant (Cyber Security & Digital Identity) to the Minister are also members of the committee.
Technology
The Difference Between VPS and Dedicated Server Explained
Choosing between a VPS and a dedicated server can be complex. They run apps and webpages. But they operate differently. Understanding the difference between VPS and dedicated server solutions will help you prevent complications and save money later on. In this text we will explain everything in detail with examples from actual life.
VPS vs Dedicated Server: What Actually Sets Them Apart
One physical machine is divided into multiple virtual servers by a VPS. Through virtualization software, each user receives a portion of resources that are separate from those of other users.
A dedicated server operates in a different manner. One user owns a single physical machine. No neighbors, no sharing, simply complete hardware access.
This is the core of the vps vs dedicated server debate. Shared hardware means lower costs, while full ownership means more raw power. Finding the best vps hosting service often comes down to how well a provider balances performance with fair pricing on shared resources.
| Factor | VPS | Dedicated Server |
| Resource allocation | Shared pool, virtualized | 100% dedicated hardware |
| Performance consistency | Possible noisy neighbor effect | Guaranteed, stable capacity |
| Scalability | Instant resize | Requires hardware upgrade or migration |
| Cost | Lower entry price | Higher fixed cost |
Performance, Cost and Control: Where Each One Wins
In terms of raw performance, dedicated servers are superior. Each gigabyte of RAM and each CPU cycle are part of a single project. There is no competition for resources.
Flexibility is where VPS excels. It takes minutes, not days, to scale up. Pricing stays lower too, since costs get split across multiple users on the same hardware.
Shared hardware limitations rarely cause problems for smaller projects. Providers like Antihost allocate resources fairly, so performance stays steady even during traffic spikes. The gap only really matters once traffic gets heavy and consistent.
The contrast of vps vs virtual machine is also confusing people often. A VPS is a virtual computer in a technical sense, but it’s rented from a hosting company, rather than running on your own hardware.

Matching the Server to the Project: Real Scenarios
A dedicated server is rarely required for a small business website. A VPS can easily manage moderate traffic while maintaining low expenses.
A growing SaaS product usually starts on a VPS and expands as the user base grows. This adaptability is more crucial in the early stages than brute strength.
A database-heavy application benefits from dedicated hardware once query volume reaches a certain level. In this case, the lack of resource sharing and a constant disk speed are essential.
A game server depends on low latency and steady performance. Many game servers run fine on VPS today, especially with modern hardware. As David Heinemeier Hansson put it: “Personal servers have gotten really scarily quick, inefficient, and personal internet connections rival what we connected data centers with just a decade or two ago.” That shift makes VPS a stronger option than it used to be.
Here is a quick breakdown of what typically fits best:
- Small business website: VPS, for cost and simplicity
- Growing SaaS product: VPS, then scale to dedicated later
- Database-heavy app: Dedicated server, for consistent speed
- Game server: VPS, unless player counts get very large
Summary
In every situation, neither choice is superior to the other. Everything impacts the optimal selection, including the scale of the project, traffic patterns, and all growth plans. Scale from what works now when the numbers really demand it.
Technology
Damage to Fibre Networks Carries Significant Economic Consequences—NCC
By Modupe Gbadeyanka
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Mr Aminu Maida, has reemphasised the need to protect the nation’s telecommunications infrastructure, especially fibre networks, noting that damage to fibre networks carries significant economic consequences.
Speaking virtually at the Association of Telecommunications Companies of Nigeria (ATCON) Critical Conversation Forum on Fibre-to-the-Home (FTTH) in Lagos recently, he described FTTH as a critical enabler of Nigeria’s digital future.
“FTTH is uniquely positioned to meet Nigerians' next phase of data demand. The quality of our broadband will increasingly shape the competitiveness of our businesses, the growth of our digital industry and the opportunities available to our citizens,” the NCC chief stated.
“We must uphold deployment standards. Nigeria needs fibre that is properly installed, properly documented, and properly protected,” Mr Maida further said at the event themed Fibre to the Home in Nigeria: Addressing Challenges, Strengthening Standards and Ensuring Sustainable Deployment.
During a panel discussion titled Policy, Governance and Regulatory Alignment, the Deputy Director of Strategic Business Initiatives at ipNX, Mr Segun Okuneye, highlighted the need for stronger collaboration across the telecommunications ecosystem to unlock the full potential of fibre broadband in Nigeria.
According to him, sustainable fibre deployment extends beyond technology and investment to include policy consistency, stakeholder alignment, infrastructure protection, and shared responsibility.
“Achieving universal fibre connectivity requires more than deploying infrastructure; it requires sustained collaboration between operators, regulators, government agencies and host communities.
“When policies are aligned, deployment standards are consistently enforced, and critical infrastructure is protected, we create an environment where investment thrives and more Nigerians can enjoy reliable, high-speed broadband.
“At ipNX, we remain committed to working with all stakeholders to build resilient digital infrastructure that will support Nigeria’s economic growth for generations to come.”
Earlier in his welcome address, ATCON President, Mr Tony Emoekpere, underscored the strategic importance of FTTH in achieving the country’s broadband penetration targets while calling for greater public awareness around protecting communications infrastructure.
“This forum is critical because Fibre-to-the-Home is the technology that will enable the country to achieve full broadband penetration. We all depend on communication infrastructure, and it must be protected,” he declared.
Drawing a comparison with power infrastructure in the country, he added, “If somebody comes to your neighbourhood to tamper with your transformer or power cables, everybody will come out. The same thing needs to apply for communications infrastructure. When we see people damaging fibre cables, we should raise an alarm.”
Technology
Financial Services Professionals Discuss Meeting Rising Customer Expectations
By Modupe Gbadeyanka
Thursday, July 23, 2026, provided an opportunity for financial services professionals to converge on Landmark Event Centre, Lagos, to brainstorm on ways to meet the rising customers’ expectations.
The platform used for this purpose was Core by Interswitch. It is part of the company’s broader commitment to strengthening Africa’s digital payments ecosystem by fostering collaboration, knowledge sharing and operational excellence across the financial services value chain.
At the event, participants, numbering over 400, also highlighted the growing importance of operational excellence in sustaining resilient payment infrastructure.
As digital financial services continue to expand across Africa, closer collaboration among financial institutions, fintechs and payment service providers will be essential to improving responsiveness, resolving operational challenges more effectively and delivering consistently reliable customer experiences.
The Executive Vice President for Operations and Technology at Interswitch, Mr Babafemi Ogungbamila, said the forum reflects the company’s belief that exceptional customer experiences are built not only on innovative technology but also on the expertise, collaboration and commitment of the professionals who keep payment systems running every day.
“Every successful digital transaction is powered by professionals whose work often goes unseen but is fundamental to building trust in digital payments. Core by Interswitch was created to recognise their contribution, strengthen collaboration across the industry and create opportunities for shared learning that ultimately benefit financial institutions and the customers they serve.
“As digital payments continue to evolve, investing in the people and processes that power the technology is just as important as investing in the technology itself,” Mr Ogungbamila said.
Beyond recognising the professionals whose work often goes unnoticed, the programme underscored the value of creating stronger connections across the payments ecosystem.
By creating a dedicated platform for knowledge sharing, collaboration and professional development, Core by Interswitch aims to build a more connected community of payments operations professionals equipped to respond to the evolving demands of the digital economy.



