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5G: MTN Targets Development of Manufacturing, Healthcare, Others

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Industrial Manufacturing

By Adedapo Adesanya

MTN Nigeria said the adoption of 5G technology would accelerate operational efficiencies for businesses in the country.

This was asserted by Mrs Lynda Saint-Nwafor, Chief Enterprise Business Officer, at the Nigeria-South Africa Chamber of Commerce (NSACC) August Breakfast meeting in Lagos on Thursday.

MTN on Wednesday launched its 5G trial service in Lagos and Abuja, with other cities like Port Harcourt, Ibadan, Kano, Maiduguri, and Owerri joining soon.

Mrs Saint-Nwafor said 90 per cent of the addressable market for 5G spanned six key industries; manufacturing, government, energy/utilities, healthcare, media/entertainment, and transportation/logistics.

She said for businesses, 5G provided total independence from public networks, high and reserved capacity, enhanced indoor and outdoor coverage and a high level of security and control to access service infrastructure equipment, systems, and services.

She stated that 5G was designed to connect virtually everyone and everything together including machines, objects, and devices via increased speed, low latency, higher capacity, and innovation.

She noted that the future of business was hinged on the use of artificial intelligence for decision-making, smart offices, and high connectivity via 5G.

“5G is poised to offer innovation that would change our lives.

“It would engender smart manufacturing, smart metering and maintenance, smart cities, better route, and traffic management, enhanced experience and breakthroughs in tele-health.

“Particularly for manufacturing, it would enable automation for production and factory operations, allow remote monitoring and inspection, reduce operational costs, and drive competitiveness,” she said.

In his remarks, Mr Osayaba Giwa-Osagie, Chairman, NSACC, described the 5G network as the future of entrepreneurship and technology as the fifth generation of mobile wireless technology and the next technological upgrade from 4G.

Mr Giwa-Osagie said 5G offered speed and other technical details needed to run a successful business with increased capacity.

He stressed the need for businesses to begin to think about the impact it could have on their operations and harness its capabilities to drive efficiencies.

The NSACC Chairman noted that the global dynamics since the COVID-19 pandemic had greatly changed with businesses and persons more dependent on technology with the attendant remote work, increased online meetings, and a surge in e-commerce activities.

He stressed that in the light of the current realities, it was safe to say that technology was redefining the world and this had brought its adoption to the forefront.

“It is, therefore, important for companies to embrace 5G for operational efficiencies as new demand would lead to changes.

“5G is expected to impact businesses from agriculture to entertainment to manufacturing and a host of other sectors.

“It is fast, reliable, and enhances productivity at remote locations among others,” he said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Rivers Sole Administrator Promises Swift Utilisation of Funds

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Ibok-Ete Ibas rivers state sole administrator

By Adedapo Adesanya

The Sole Administrator of Rivers State, Mr Ibok-Ete Ibas, has assured that necessary steps would be taken to ensure the prompt utilisation of the withheld local government funds, which have now been released by the federal government.

Recall that President Bola Tinubu on Tuesday declared a state of emergency in Rivers State and suspended Governor Similaniyi Fubara and the Deputy Governor, Mrs Ngozi Odu, as well as all members of the Rivers State House of Assembly, over a political crisis. He then replaced them with Mr Ibas, who will act for the next six months as a sole administrator.

Speaking during a meeting with Heads of Local Government Administrators in Port Harcourt on Friday, Mr Ibas described the gathering as a pivotal moment in the collective effort to restore stability and progress in the state.

The Sole Administrator lamented the economic hardship in the Niger Delta, noting that despite the region’s wealth of natural resources, its people continue to suffer.

“This is unacceptable,” he stated, emphasizing the need for transformation and accountability.

He expressed concerns over the delay in salary payments across local government areas, acknowledging the struggles of affected workers.

“I feel the pain of the workers,” he said, assuring them that the withheld allocations had been released and that his administration would ensure that salaries are paid without delay.

However, he warned that financial accountability would be strictly enforced.

Mr Ibas, a retired vice admiral and former Chief of Naval Staff, directed all local government areas to submit their wage bills, supported by relevant documentation, through the office of the Head of Service.

He said his administration would not tolerate financial recklessness, vowing to scrutinize the handling of public funds and take action against any mismanagement.

Mr Ibas said good governance is not just a slogan, but a commitment to changing the negative narrative within the next six months.

He further stressed the importance of collaboration with traditional rulers and security agencies to enhance security at the grassroots level.

“You must take the lead in ensuring security within your domains,” he urged local government administrators.

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FG Calls for Alternative Energy Sources to Drive Nigeria’s Maritime Industry

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Adegboyega Oyetola

By Adedapo Adesanya

The federal government has called for the adoption of alternative energy sources in the maritime industry to reduce greenhouse gas emissions, warning that Africa could face severe economic impacts if left behind in the global transition.

The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, made this call in Abuja while declaring open the African Strategic Summit on Shipping Decarbonization.

He cautioned that the ongoing shift to low-emission shipping fuels could increase transport costs for Africa, disproportionately affecting developing nations.

“With over 90 per cent of global trade relying on maritime transport, reducing GHG emissions is not just an environmental necessity but an economic imperative,” Mr Oyetola stated.

He stressed the need for Africa to have a strong voice in shaping global policies. “As the IMO advances its regulatory framework on decarbonization, Africa must ensure its interests are safeguarded, as we rely heavily on imports and contribute less than 2 per cent to the global fleet,” he said.

Highlighting the potential benefits of the transition, Mr Oyetola urged African nations to leverage the shift towards cleaner energy to boost industrialization.

“With 38 coastal nations, Africa can use this transition to develop its ports as launch pads for economic growth by engaging the Global North in strategic partnerships,” he added.

The Minister emphasized the need for a just and equitable transition, ensuring that no African nation is left behind.

“While we recognize the urgency of climate action, developing economies face challenges such as limited access to technology, energy poverty, and food insecurity. The principle of common but differentiated responsibilities must guide our approach,” he said.

Also, Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Mr Dayo Mobereola, reinforced the urgency of decarbonization.

“The shipping industry contributes about 3 per cent of global emissions. This summit is a platform for Africa to shape a strategy that ensures sustainable maritime development without being disadvantaged,” he noted.

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JUST IN: Ayobo-Ipaja LCDA Chairman Bolatito Shobowale Dies

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bolatito shobowale Ayobo-Ipaja LCDA

By Dipo Olowookere

The Chairman of Ayobo-Ipaja Local Council Development Area (LCDA), Mrs Bolatito Shobowale, has died, Business Post has confirmed.

She passed away on Friday after a prolonged battle with illness and three days after her deputy, Mr Ladi Oluwaloni, was asked to become the acting chairman of the council due to her long absence from work.

Mrs Shobowale had been away from her office for about six months, preventing the presentation of the 2025 budget to the council lawmakers for approval.

There had been underground grumbling within the LCDA until Governor Babajide Sanwo-Olu stepped in and approved the appointment of Mr Oluwaloni as the acting chairman.

Recent council activities had been carried out without the deceased, including the welcoming of the Governor Advisory Council (GAC) led by Mr Femi Pedro and the presentation of work tools to some residents who completed an empowerment programme sponsored by the state government.

Reacting to the death of Mrs Shobowale, the chairman of Alimosho Local Government Area, Mr Jelili Sulaimon, said she would be missed.

Mr Sulaimon, in a statement signed by his media aide, Mr Babatunde Yusuf, described the deceased, fondly called Mama Show, as a mother to all and a good administrator who is ever willing to see Ayobo-Ipaja LCDA progress positively.

According to him, Mrs Shobowale, elected into office in 2021, committed herself to the growth and development of council until her death.

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