Feature/OPED
X-Raying Oragwu’s Suggestions on Nigeria’s Science and Technology Dilemma (II)
By Jerome-Mario Utomi
There are not only political but several technological obstacles that we collectively as a nation will determine how to overcome.
The origin of those technological challenges was in fact highlighted in the first part of this piece (READ IT HERE) and as a natural reaction, it is possible for readers that have gone through the first part, looking at what was presented, form opinions about the possible reason(s)/explanations fuelling the science and technology challenges in Nigeria.
Essentially, while some may conclude that such a challenge is rooted in the so-called mutual agreement which existed between Britain and the colonised Nigeria.
The rest may, however, heap the blame on the colonial masters’ heinous choice of giving Nigerians educations type that laid asymmetrical emphasis on certificates without substance.
Whichever way, to think that the above is the only possible explanation why Nigeria’s science and technology sector continues to have its headstock in the mud will amount to a false impression.
In fact, the challenge confronting the sector, as subsequent paragraphs will reveal, goes beyond the above considerations to include the effect of failures and obnoxious policies designed by successive administrations in post-independent Nigeria.
Such groundwork/‘atrocities’, according to a keynote address titled The Challenges of Science and Technology in Nigeria’s Economy: The Way Forward, delivered by FN Oragwu, in March 2018, at Eagle Square, Abuja, during an event organised by the National Agency for Science and Engineering Infrastructure (NASENI), that exacerbated the situation includes but not limited to; Nigeria’s failure to learn from the highly successful technological innovations experience that took place in the defunct state of Biafra,1967-1970: Nigeria’s inexplicable failure to appreciate the role of science and technology in safeguarding her political independence since 1960: Nigeria’s Faulty Economic Development Planning Strategy since 1962: and the failure to develop the pivotal electrical power supporting infrastructure for economic growth and development in Nigeria among others.
Adding context to the discourse, mutual agreement, as explained by the aforementioned address and used in the first part of this piece, is that arrangement or policy document that allowed Nigeria to export or supply Britain with primary agricultural commodities which Britain required for her once-famous textile industry and her leather and leather products industry, and to supply Britain with unprocessed natural minerals (solid, liquid and gaseous), which Nigeria has in abundance and which are of interest to Britain for the production and manufacture of technologies and industrial goods in the British economy.
Britain on her part is to “provide or export at costs to Nigeria, all the modern technologies and industrial goods that Nigeria needs to sustain her own economic growth and development.”
(Readers are equally encouraged to read The Dual Mandate of Europe in Tropical Africa, 4th Edition, London, 1929, by Lord Fredrick Lugard, first Nigeria’s Governor-General, 1914-1918).
With this highlighted, let’s focus on the aforementioned/outlined challenges.
The most serious and most surprising of such post-independent failures, going by the above address, is Nigeria’s failure to learn from the highly successful technological innovations experience that took place in the defunct State of Biafra, 1967-1970.
It was noted that the Nigerian scientists and engineers who found themselves in the defunct State of Biafra faced the daunting challenge of no domestic capacity for technology and industrial goods production which left the defunct State of Biafra scampering to import technologies and industrial goods but could not do so because of lack of foreign currency and blockade of a superior federal military government.
The address further said in part; it is this situation of no external support or assistance whatsoever during the civil war that forced the scientists/engineers/technicians to learn the hard way to produce technologies in Biafra.
The scientists and engineers had no choice but to adopt the strategy of technology innovation as earlier defined and through copy engineering design, copy components fabrication and copy technologies production and manufacturing creativity.
It is this strategy that enabled the scientists, engineers, technologists and technicians in Biafra, 1967-1970, to leapfrog within six months into domestic modern technology production/manufacturing capacity without any assistance and support whatsoever from the outside world.
The scientists/engineers, it was observed, were incredibly able to design and fabricate refineries for the production of petrol, diesel and kerosene, to produce effective weapon technologies, to construct airports among others which enabled the defunct State of Biafra to resist for 30 long months the awesome superior technology power of the federal military government.
This is the strategy that Japan used at the turn of the 20th Century to leapfrog into competition with awesome industrial Europe and North America. This is the same strategy that is now being used by countries such as China, India, South Korea and Brazil, to leapfrog into technology and industrial goods competition with top industrial Europe, North America and Japan.
It is, therefore, an inappropriate and hopeless task for Nigeria to continue to try to re-invent the wheel which Europe invented for us during the 18th and 19th Century industrial revolutions.
From the failure to learn from the highly successful technological innovations experience that took place in the defunct State of Biafra, flows something new and different.
It was emphasised that at Ghana’s Independence Day address, Dr Kwame Nkruma, the President of Ghana, reminded the Ghanaians that for economic reasons, Britain did not give Ghana the domestic endogenous capacity to produce and manufacture modern technologies and industrial goods in Ghana’s economy and that Ghana must acquire this capacity the hard way.
Without the domestic endogenous capacity for technologies and industrial goods production, Dr Nkruma stated in his Independence Day address, that “Ghana’s Independence would be meaningless”.
With this policy statement, Dr Kwame Nkruma directed that a Ghana Council for Scientific Research and Industrial Development be established to build and create the domestic endogenous capacity for the production of modern technologies and globally competitive industrial goods in Ghana’s economy for domestic use and for export. This is exactly what President Nehru of India was reported to have done at India’s Independence in 1947 and India is now one of the 20 top world industrial economies.
In contrast, it was underlined that no Nigerian political leader at whatever level, at our Independence Day address on October 1, 1960, said anything about the role of science and technology in safeguarding the independence of Nigeria and there was no mention of any relationship between science and technology and Nigeria’s economy.
All the energies of Nigeria’s political leaders since independence were seen to be consumed in fighting battles of ethnic nationality and religious differences. What Nigeria did in 1961 was to enter into military technology assistance agreement with the same departing British colonial power for protection, an action that led to protests by young Nigerians.
Nigeria’s poor economic development planning, which started from 1962 till date, is another contributing factor to the sector’s challenge identified by the keynote address.
They were based on foreign capital intensive technologies and on what funds were available to import these technologies and related industrial goods inputs and when the funds were not available as most times the case to import these foreign inputs, then the implementation of the plans failed.
There were no provisions in the plans for inputs from domestic produced technologies and industrial goods. Consequently, the domestic R&D/technology production agencies were left to do what they pleased and of course they simply revert to scientific research for knowledge acquisition which they know best and contributed nothing to the plans.
This is why Nigeria, with highly qualified and talented scientists and engineers equal to any in the world, cannot contribute any modern technologies or globally competitive industrial goods to Nigeria’s national economic development plans.
Away from the economic development plan, one more problem area necessary to the present discourse is the inability of successive administrations in the country to develop the pivotal electrical power supporting infrastructure for economic growth and development in Nigeria or learn from a country like the Republic of South Africa with a population of about 50 million as at 2011 but was generating 45,000 MW of electricity and is now the only member from Africa in the top 20 leading world economies.
Solutions proffered to this teaming challenge are the objective of the 3rd/final part.
To be continued.
Utomi Jerome-Mario is the Programme Coordinator (Media and Policy), Social and Economic Justice Advocacy (SEJA), Lagos. He could be reached via [email protected]/08032725374.
Feature/OPED
The Future of Payments: Key Trends to Watch in 2025
By Luke Kyohere
The global payments landscape is undergoing a rapid transformation. New technologies coupled with the rising demand for seamless, secure, and efficient transactions has spurred on an exciting new era of innovation and growth. With 2025 fast approaching, here are important trends that will shape the future of payments:
1. The rise of real-time payments
Until recently, real-time payments have been used in Africa for cross-border mobile money payments, but less so for traditional payments. We are seeing companies like Mastercard investing in this area, as well as central banks in Africa putting focus on this.
2. Cashless payments will increase
In 2025, we will see the continued acceleration of cashless payments across Africa. B2B payments in particular will also increase. Digital payments began between individuals but are now becoming commonplace for larger corporate transactions.
3. Digital currency will hit mainstream
In the cryptocurrency space, we will see an increase in the use of stablecoins like United States Digital Currency (USDC) and Tether (USDT) which are linked to US dollars. These will come to replace traditional cryptocurrencies as their price point is more stable. This year, many countries will begin preparing for Central Bank Digital Currencies (CBDCs), government-backed digital currencies which use blockchain.
The increased uptake of digital currencies reflects the maturity of distributed ledger technology and improved API availability.
4. Increased government oversight
As adoption of digital currencies will increase, governments will also put more focus into monitoring these flows. In particular, this will centre on companies and banks rather than individuals. The goal of this will be to control and occasionally curb runaway foreign exchange (FX) rates.
5. Business leaders buy into AI technology
In 2025, we will see many business leaders buying into AI through respected providers relying on well-researched platforms and huge data sets. Most companies don’t have the budget to invest in their own research and development in AI, so many are now opting to ‘buy’ into the technology rather than ‘build’ it themselves. Moreover, many businesses are concerned about the risks associated with data ownership and accuracy so buying software is another way to avoid this risk.
6. Continued AI Adoption in Payments
In payments, the proliferation of AI will continue to improve user experience and increase security. To detect fraud, AI is used to track patterns and payment flows in real-time. If unusual activity is detected, the technology can be used to flag or even block payments which may be fraudulent.
When it comes to user experience, we will also see AI being used to improve the interface design of payment platforms. The technology will also increasingly be used for translation for international payment platforms.
7. Rise of Super Apps
To get more from their platforms, mobile network operators are building comprehensive service platforms, integrating multiple payment experiences into a single app. This reflects the shift of many users moving from text-based services to mobile apps. Rather than offering a single service, super apps are packing many other services into a single app. For example, apps which may have previously been used primarily for lending, now have options for saving and paying bills.
8. Business strategy shift
Recent major technological changes will force business leaders to focus on much shorter prediction and reaction cycles. Because the rate of change has been unprecedented in the past year, this will force decision-makers to adapt quickly, be decisive and nimble.
As the payments space evolves, businesses, banks, and governments must continually embrace innovation, collaboration, and prioritise customer needs. These efforts build a more inclusive, secure, and efficient payment system that supports local to global economic growth – enabling true financial inclusion across borders.
Luke Kyohere is the Group Chief Product and Innovation Officer at Onafriq
Feature/OPED
Ghana’s Democratic Triumph: A Call to Action for Nigeria’s 2027 Elections
In a heartfelt statement released today, the Conference of Nigeria Political Parties (CNPP) has extended its warmest congratulations to Ghana’s President-Elect, emphasizing the importance of learning from Ghana’s recent electoral success as Nigeria gears up for its 2027 general elections.
In a statement signed by its Deputy National Publicity Secretary, Comrade James Ezema, the CNPP highlighted the need for Nigeria to reclaim its status as a leader in democratic governance in Africa.
“The recent victory of Ghana’s President-Elect is a testament to the maturity and resilience of Ghana’s democracy,” the CNPP stated. “As we celebrate this achievement, we must reflect on the lessons that Nigeria can learn from our West African neighbour.”
The CNPP’s message underscored the significance of free, fair, and credible elections, a standard that Ghana has set and one that Nigeria has previously achieved under former President Goodluck Jonathan in 2015. “It is high time for Nigeria to reclaim its position as a beacon of democracy in Africa,” the CNPP asserted, calling for a renewed commitment to the electoral process.
Central to CNPP’s message is the insistence that “the will of the people must be supreme in Nigeria’s electoral processes.” The umbrella body of all registered political parties and political associations in Nigeria CNPP emphasized the necessity of an electoral system that genuinely reflects the wishes of the Nigerian populace. “We must strive to create an environment where elections are free from manipulation, violence, and intimidation,” the CNPP urged, calling on the Independent National Electoral Commission (INEC) to take decisive action to ensure the integrity of the electoral process.
The CNPP also expressed concern over premature declarations regarding the 2027 elections, stating, “It is disheartening to note that some individuals are already announcing that there is no vacancy in Aso Rock in 2027. This kind of statement not only undermines the democratic principles that our nation holds dear but also distracts from the pressing need for the current administration to earn the trust of the electorate.”
The CNPP viewed the upcoming elections as a pivotal moment for Nigeria. “The 2027 general elections present a unique opportunity for Nigeria to reclaim its position as a leader in democratic governance in Africa,” it remarked. The body called on all stakeholders — including the executive, legislature, judiciary, the Independent National Electoral Commission (INEC), and civil society organisations — to collaborate in ensuring that elections are transparent, credible, and reflective of the will of the Nigerian people.
As the most populous African country prepares for the 2027 elections, the CNPP urged all Nigerians to remain vigilant and committed to democratic principles. “We must work together to ensure that our elections are free from violence, intimidation, and manipulation,” the statement stated, reaffirming the CNPP’s commitment to promoting a peaceful and credible electoral process.
In conclusion, the CNPP congratulated the President-Elect of Ghana and the Ghanaian people on their remarkable achievements.
“We look forward to learning from their experience and working together to strengthen democracy in our region,” the CNPP concluded.
Feature/OPED
The Need to Promote Equality, Equity and Fairness in Nigeria’s Proposed Tax Reforms
By Kenechukwu Aguolu
The proposed tax reform, involving four tax bills introduced by the Federal Government, has received significant criticism. Notably, it was rejected by the Governors’ Forum but was still forwarded to the National Assembly. Unlike the various bold economic decisions made by this government, concessions will likely need to be made on these tax reforms, which involve legislative amendments and therefore cannot be imposed by the executive. This article highlights the purposes of taxation, the qualities of a good tax system, and some of the implications of the proposed tax reforms.
One of the major purposes of taxation is to generate revenue for the government to finance its activities. A good tax system should raise sufficient revenue for the government to fund its operations, and support economic and infrastructural development. For any country to achieve meaningful progress, its tax-to-GDP ratio should be at least 15%. Currently, Nigeria’s tax-to-GDP ratio is less than 11%. The proposed tax reforms aim to increase this ratio to 18% within the next three years.
A good tax system should also promote income redistribution and equality by implementing progressive tax policies. In line with this, the proposed tax reforms favour low-income earners. For example, individuals earning less than one million naira annually are exempted from personal income tax. Additionally, essential goods and services such as food, accommodation, and transportation, which constitute a significant portion of household consumption for low- and middle-income groups, are to be exempted from VAT.
In addition to equality, a good tax system should ensure equity and fairness, a key area of contention surrounding the proposed reforms. If implemented, the amendments to the Value Added Tax could lead to a significant reduction in the federal allocation for some states; impairing their ability to finance government operations and development projects. The VAT amendments should be holistically revisited to promote fairness and national unity.
The establishment of a single agency to collect government taxes, the Nigeria Revenue Service, could reduce loopholes that have previously resulted in revenue losses, provided proper controls are put in place. It is logically easier to monitor revenue collection by one agency than by multiple agencies. However, this is not a magical solution. With automation, revenue collection can be seamless whether it is managed by one agency or several, as long as monitoring and accountability measures are implemented effectively.
The proposed tax reforms by the Federal Government are well-intentioned. However, all concerns raised by Nigerians should be looked into, and concessions should be made where necessary. Policies are more effective when they are adapted to suit the unique characteristics of a nation, rather than adopted wholesale. A good tax system should aim to raise sufficient revenue, ensure equitable income distribution, and promote equality, equity, and fairness.
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