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Full Text of Prof Osinbajo’s Speech at Google for Nigeria Event

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I am delighted to be to be here with you today at this year’s Google for Nigeria event. Just couple weeks back, it was a special pleasure to be welcomed to the Googleplex by Google CEO, Sundar Pichai and his great management team. We all have very warm memories of that visit, and I am truly grateful for your kindness and warm hospitality.

About three months ago, I spoke at an event at the Warwick University on the subject “The African Century.”  The substance of that speech was that this century is Africa’s century. Why? Because Africa will, for good or ill, play the defining role in global development.  Africa’s fortunes will matter across all the trends shaping the world. I say for good or for ill because either scenario is possible. If Africa fails on these important development issues, because of our sheer size, the global impact will be catastrophic and if it succeeds the global impact will be incredible.

In at least four important respects, Africa will hold the balance of world development. First is in world population (demography). Second is environment and climate change. Third is productivity.  Fourth is social exclusion (or inclusion as the case may be) and its implications for global security.

Let’s take population, by 2035, Africa will have 1.2 billion people. Nigeria is Africa most populous country; she will become the 4th most populous nation in the world. Over 50% of that number will be young persons under the age of 25. Today, 60 percent of the unemployed in Africa are young people. If we do not change the trajectory of socio-economic development, we would have millions of jobless young people in the prime of their lives, and as we will see, largely illiterate and /or poorly trained. The workforce will be ill-equipped to man any industrial revolution or take advantage on scale of technology.  The anger, disillusionment, and hopelessness of these young people will drive social unrest, compel more desperate migration northwards and present a fertile recruiting ground for extremist groups.  If social conditions remain tenuous, even the well-educated will be tempted into migration and contribute further to the brain drain.

How about the environment and climate change? So, it is generally agreed that although Africa has contributed least to global warming, it is and will suffer most from its consequences.  Indeed, we are already seeing extreme weather events such as flash floods, drought, and desertification.

So to cut a long story short, Africa is confronted with existential challenges, and there is simply no time to waste in resolving these problems. The answer that providence has given us is technology.  The great purveyors of technology such as our hosts today Google, and their collaborators – 21st century Technologies Limited and Backbone Connectivity Network (BCN), are not mere corporations in search of profit and some social good, they literarily hold the future of generations of humanity in their hands.

In Nigeria, we cannot train our nearly 200 million young people by 2045, in classrooms alone. It is impossible!  We must use the internet and even mobile telephony. We must connect our young people to knowledge and innovation all over the world. Co-creation efforts of innovators and inventors require broadband to be consummated.

So without connectivity, the development trajectory of our nation and continent is truncated.  Today, it is also becoming increasingly clear that the availability of food and healthcare for the huge numbers of our people will depend on how democratized the technology becomes. We simply cannot provide enough food, drugs or vaccines in Africa without the availability of innovation in agriculture, and technology in farming and the production of drugs and vaccines. So democratizing Artificial Intelligence as we heard Marvin Chow, Google’s VP Product Marketing, describe in agriculture and the medical sciences, will change the human development story.

Indeed every step that is taken to democratize technology is a quantum leap in the African development story and a major contribution to Global stability and growth. This is why the launch of Google Station here in Nigeria, is an enormously significant event.

First, it means that Google and 21st Century, will be providing free WiFi access in several public spaces in Nigeria, more exciting is that several of our markets will benefit from this free internet access.

This partnership is particularly important to us, because we have in the past one year, in our energizing markets project, been providing solar power to markets and economic clusters across the country. We have done extensive work in Ariaria market in Aba, Sabongari in Kano, Gbagi market in Ibadan, Sura here in Lagos, and we are starting out in Iponri, and Balogun markets.

But the most profound implication is that internet access is becoming available to some of the poorest in society. What access to information, tools of education, business or commerce means is that gaps of inequality and exclusion are bridged. Jobs are created and in many important respects, there is a real chance of better quality of life for large numbers of our people.

Millions of Nigerians have personal stories of how the Internet has transformed their lives, their hustle, as today’s theme alludes to, in positive ways. And Juliet Ehimuan, Google’s Country Director Nigeria, has showed us, with stories of real people like Adaobi, how Google has featured prominently in many of these stories.

In 2016, working with the Office of the Senior Special Assistant to the President on SDGs, I launched the Google Digital Skills Training Programme with the target to train 400,000 Nigerians on basic Digital Skills, working with Google and local Nigerian Tech Training companies.

We have since surpassed those numbers and trained over a million Nigerians in basic digital skills in the last 24 months.

To scale up our support to private sector players in the technology space, I recently inaugurated the Technology and Creative Advisory Group, a subset of our National Industrial Policy and Competitiveness Advisory Council.

This group brings together, young private sector players in the technology and creative sectors and relevant government agencies, working jointly to formulate policies, programmes and projects for the Technology and Creative sectors of our economy.

Some private sector members of the Advisory Group and relevant government agencies like NITDA, NEPC and the Bank of Industry, went with me on the trip to Silicon Valley. Also on that trip, I met with the creative sector in Los Angeles and showcased Nigeria’s readiness and preparedness for investment, and the work we are doing with our Ease of Doing Business Secretariat, to provide an enabling environment for business in Nigeria, and which helped Nigeria rise 24 places on the World Bank’s Ease of Doing Business Index in 2017.

Through the GEM Project of the World Bank, the Federal Government has given out over $2million to 79 startups across the country. Apart from this, our National Social Investments Programme is working with the National Information Technology Development Agency (NITDA) to support the private sector to establish technology and innovation centers across the country.

We have established and launched these Innovation Hub projects across the nation.  From the Ventures Platform in Abuja (Ventures Park), to the Marydel Hubs and the Edo State Government’s Edo Innovate project in Benin, Edo State, and the Humanitarian Innovation Center in collaboration with the North East Innovation Hub and the International Committee of the Red Cross (ICRC) in Yola, Adamawa State, we are committed to building an ecosystem to drive innovation.

The Federal Government is now investing in training 5,000 developers as part of our N-Power Tech program, just as we are catalyzing a whole new sector of animation production by training 3,000 young people with scriptwriting, storyboarding, voice acting, animation and post-production skills. Not only will we develop their skills, we are providing an initial support of the hardware and software tools that will help them function economically after they are trained. We also believe that starting earlier with our students helps to solve tomorrow’s challenges, today. The Federal Government is lending support to initiatives such as the Civic Lab’s Student Innovation Challenge, and the Campus Innovation Challenge by Union and CC Hub, Nigeria’s pioneer Tech Hub in Yaba, Lagos State, to discover and support student entrepreneurs in our tertiary institutions.

Next week, I will launch a Climate Innovation Center in partnership with the Enterprise Development Center at the Lagos Business School. This forms part of our ICT roadmap, in which the private sector is an important stakeholder.

The challenge remains connectivity, extending broadband reach, making data cheaper – National Broadband Policy.  As a first[1]  step, the Federal Government, through the Nigeria Communications Commission (NCC), has since licensed a number of Infrastructure Companies (Infracos), who will invest in rolling out broadband infrastructure across Nigeria.

I believe we can extend broadband reach significantly in a year or two. We will partner in whatever way we can with Google and Nigerian broadband providers like 21st Century Technologies Limited and Backbone Connectivity Network, to quickly achieve extensive broadband coverage.

Our goal is to create a data-driven digital economy; one that will lead the way not just in Africa, but globally as well. And I believe strongly that Nigeria is on the right path. We have the people, the talent, we have a government that sees the potential very clearly, and is showing the determination to unlock that potential.

Technology has put great power into our hands, as individuals, but more importantly as co-creators and collaborators, to positively and dramatically change the course of human existence. With it, we can solve many of the problems that confront us.

In addition, we can connect people, grow businesses, influence good governance, and create better lives, and a better country for ourselves and for the future.

Thank you.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Telco Ownership Changes Above 10% Now Subject to NCC Approval

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NCC

By Adedapo Adesanya

The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have introduced a new regulatory requirement mandating prior approval for significant changes in the ownership structure of telecommunications companies operating in Nigeria.

This was contained in a statement jointly signed by the Director of Public Affairs at the NCC, Mrs Nnenna Ukoha and Head of Public Affairs at the Corporate Affairs Commission, Mr Rasheed Mahe.

According to a joint press release issued by the two agencies, the directive, which takes immediate effect, requires all licensed telecom operators seeking to transfer ownership or control of shares amounting to 10 per cent or more of their total share capital to first obtain a Letter of No Objection from the NCC before such transactions can be registered by the CAC.

The statement reads in part, “The directive, which takes immediate effect, requires all licensed communications companies seeking to transfer ownership or control of shares amounting to 10 per cent or more of their total share capital to obtain a Letter of No Objection from the NCC before such transactions can be registered with the CAC.

“The requirement is in line with the provisions of Section 90 of the Nigerian Communications Act 2003, Regulation 28(2) of the Competition Practices Regulations 2007, and Regulation 42 of the Licensing Regulations 2019, which empower the NCC to monitor transactions involving licensees and ensure fair competition within the sector.

“Under the new arrangement, the CAC will only process and register requests for changes in shareholding structures of telecommunications companies where the transaction involves 10 per cent or more of the company’s shares and is accompanied by evidence of prior approval from the NCC.

“According to the two regulatory agencies, the measure is aimed at strengthening oversight of significant ownership changes, preventing anti-competitive practices, and preserving a fair and competitive communications market. It is also expected to enhance transparency, boost investor confidence, provide greater regulatory certainty, and support the long-term stability and sustainability of Nigeria’s telecommunications industry.

The NCC and CAC reaffirmed their commitment to fostering a transparent, stable, and investor-friendly business environment. Both agencies pledged continued collaboration to promote fair market practices, strengthen regulatory compliance, and ensure the orderly development of Nigeria’s communications sector.”

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Rising Cyber Threats Could Undermine Business Sustainability, Profitability—ISSAN

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David Isiavwe ISSAN President

By Modupe Gbadeyanka

The relevant stakeholders have been urged to take urgent action to curb the rising sophistication of cyber threats, which could undermine business sustainability and profitability.

This call was made by the Information Security Society of Africa – Nigeria (ISSAN) during its monthly meeting held in collaboration with MAXUT Consulting.

The group noted that identity theft, mobile fraud, ransomware, and social engineering attacks are threats to organisations, especially those who may struggle to protect information assets, maintain operational resilience, and address vulnerabilities before they can be exploited.

The president of ISSAN, Mr David Isiavwe, who doubles as the Executive Director for Risk Management at Nova Bank, stressed that cybercriminals are deploying increasingly sophisticated attack methods targeting individuals, businesses, critical national infrastructure, and strategic assets.

Among the threats highlighted were identity theft, Business Email Compromise (BEC), phishing, ransomware, WhatsApp account hijacking, Distributed Denial-of-Service (DDoS) attacks, payment card fraud, cryptocurrency-related attacks, and other forms of social engineering.

According to him, the increasing frequency and sophistication of cyberattacks mean cybersecurity can no longer be viewed solely as an IT issue but as a critical business and national security priority.

To address these challenges, he urged organisations to adopt proactive risk management practices, implement continuous monitoring systems, promptly address vulnerabilities, and invest in regular cybersecurity awareness programmes for employees and customers.

Also, the importance of leveraging emerging technologies such as Artificial Intelligence (AI), Machine Learning (ML), and automation to enhance threat detection and response capabilities was emphasised.

“No organisation can successfully confront today’s cyber threats in isolation. Information sharing, collaboration, and collective vigilance remain essential to protecting our digital ecosystem and safeguarding public trust,” the ISSAN leader said at the event, which featured a technical presentation titled, Confronting the New Mobile Threat Landscape: Beyond User Authentication.

ISSAN reaffirmed its commitment to promoting cybersecurity awareness, capacity building, information sharing, and industry collaboration to strengthen Nigeria’s cyber resilience and support a secure digital economy.

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Zoho Launches Nathu La Server

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Zoho Nathu La Server

By Modupe Gbadeyanka

A designed-in-house server known as Nathu La has been launched by a global technology company, Zoho Corporation.

Nathu La is engineered with hardware-rooted security at every layer of the stack. Its indigenous IP-driven approach reduces dependency on external entities for security audits, firmware updates, and licensing continuity.

The solution aligns with open-source software principles and reflects Zoho’s broader commitment to building sustainable, secure, and scalable digital infrastructure. It also supports the growing global focus on digital sovereignty, local innovation ecosystems, and high-performance computing capabilities.

The platform was introduced by the company as part of a pivotal step in its journey towards building its full technology stack, from the hardware layer to software applications.

With Nathu La, Zoho has achieved equivalent performance with 12-18 per cent lower power consumption and 20-30 per cent lower total cost of ownership (TCO), thereby reducing inference costs.

The Nathu La server, comprising Intel® Xeon® 6 processors, was developed collaboratively with Intel, leveraging their enablement capabilities and technical expertise.

The design philosophy behind Nathu La is rooted in the Open Compute Project (OCP), emphasising modularity, thermal efficiency, and ease of maintenance. This enables Zoho’s data centres to significantly reduce total cost of ownership and power consumption.

Zoho plans to host its applications on the Nathu La server platform, enabling the company to optimise the full software-hardware stack for its specific workloads, reduce costs, improve performance, and strengthen data governance for its global customers. This will also help bring down inference costs for Zoho’s AI usage.

The Nathu La server motherboard and chassis platform is the result of five years of R&D across hardware, firmware, and systems management. Based on Intel® Xeon® 6 Processors, the server is designed to optimise performance for virtualisation (VM), High Performance Computing (HPC), AI inference, and storage applications. This results in improved performance of Zoho applications for end users.

The server features customised power delivery subsystems, an in-house DC-SCM (Data Centre Secure Control Module) design, and modular chassis options compatible with diverse end-user environments, offering flexibility across deployment types.

All modular components – including the DC-SCM and NIC (Network Interface Card) – were designed in-house by Zoho’s hardware engineering team and assembled through electronics manufacturing partners, enabling tighter integration and quality control across the platform. Over five patents have been filed covering advanced thermal management and cost-optimised server architecture designs.

“Zoho Corporation has invested in building its own technology stack from the ground up over the last three decades. The Nathu La server launch is in line with that goal.

“With our strategy of using contextual, right-sized models, running on our own platform, on our own servers, in our own data centres, we are compounding the benefits accrued from owning and operating our entire technology stack. This ensures that our solutions are more sustainable and accessible for businesses.

“These long-term R&D investments we are making at every layer of the stack are aimed at delivering customer value,” the Country Head for Zoho Nigeria, Mr Kehinde Ogundare, stated.

In 2020, Zoho established a small R&D team in Nagpur, a Tier 2 town in India, focused on projects such as server design and systems engineering.

Members of the Nathu La R&D team include hires from SETU – short for Students’ Engagement for Transformative Upskilling – an initiative designed to build a pipeline of industry-ready engineers, with a focus on advanced learning in Electronics System Design and Manufacturing (ESDM).

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