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12092018 - APC PRIMARIES: Gov kick against conditions for consensus candidate

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Telcos co-locate <strong>for</strong> financial inclusion<br />

…target 90 million Nigerians by 2020<br />

By Prince Osuagwu<br />

Telecom operators, MTN<br />

Nigeria, Globacom, Airtel<br />

and 9Mobile, have <strong>for</strong>med<br />

a surprising partnership to<br />

deepen the financial inclusion in<br />

the country.<br />

The telcos clearly indicated<br />

interest to providing Nigerians<br />

with access to a range of<br />

af<strong>for</strong>dable financial services.<br />

Following the issuance of<br />

Nigeria’s first mobile money<br />

licences in 2009, the journey<br />

towards financial inclusion has<br />

been slow. Current financial<br />

exclusion levels stand at over 40<br />

per cent. There is a significant gap<br />

to be covered in order to meet<br />

Nigeria’s target of 20 per cent<br />

financial exclusion by 2020. In<br />

Nigeria, telco’s are excluded from<br />

accessing mobile money licences<br />

directly under current guidelines,<br />

while in most sub-Saharan<br />

African markets where mobile<br />

money is successful; Telcos are<br />

given a level-playing field.<br />

The meeting was facilitated by<br />

Academic Director and Senior<br />

Fellow, at Lagos Business School,<br />

Yinka David-West, who said: “Far<br />

beyond financial inclusion rates<br />

in Nigeria, we also have to<br />

examine how people currently<br />

considered to have access to<br />

financial services stack up when<br />

evaluated <strong>against</strong> the criteria <strong>for</strong><br />

true financial inclusion, that is,<br />

access to a full suite of quality<br />

financial services, provided at<br />

af<strong>for</strong>dable prices, in a convenient<br />

manner. When evaluated <strong>against</strong><br />

this definition, it is clear that as a<br />

country, we have to work, not just<br />

to drastically increase the number<br />

of financially included persons,<br />

but also to increase the quality of<br />

inclusion and access we give,<br />

especially if we hope to positively<br />

impact the economy and the<br />

quality of the lives of Nigerians<br />

in any meaningful way.”<br />

The telecommunications industry<br />

recognises that with an issue as<br />

critical as financial inclusion, it is<br />

important to focus on sustainable<br />

solutions. This requires<br />

inclusivity and collaboration of<br />

varied solutions providers in<br />

order to achieve real results. The<br />

telecommunications industry has<br />

the capabilities, technology,<br />

infrastructure, distribution<br />

network and subscriber base that<br />

can quickly be leveraged to<br />

provide these solutions.<br />

According to the Nigerian<br />

Communications Commission,<br />

NCC, the industry has a reach of<br />

86 per cent of the country, with<br />

162.3 million customers (the single<br />

largest customer base of any<br />

industry in Nigeria).The industry<br />

players have a combined presence<br />

in 773 local government areas<br />

across the country further<br />

emphasising their ability to reach<br />

especially hard to reach areas of<br />

the country in a bid to deepen<br />

access to financial services. They<br />

also have 1,000,000 unique agents<br />

already in place selling airtime<br />

across the country, creating a<br />

strong distribution network that<br />

can quickly be converted to<br />

established mobile money agent<br />

networks.<br />

Our commitments as an Industry<br />

As the largest investors in telecoms<br />

in Nigeria, we have come together<br />

to deliver a concrete commitment<br />

Rack Centre latest certification<br />

to give it competitive edge<br />

By Blessing Okoroa<strong>for</strong><br />

Co-location Data Centre,<br />

Rack Centre, has achieved<br />

the ISO 22301:2012, a Business<br />

Continuity Management<br />

Certification.<br />

The latest certification which is<br />

globally recognised by British<br />

Standard Institute, BSI, has made<br />

the data centre to stand side by<br />

side with other centres across the<br />

world which have attained such a<br />

feat.<br />

Speaking on the certification,<br />

Managing Director, BSI Middle<br />

East and Africa, Theuns Kotzé,<br />

said: “In today’s volatile world,<br />

understanding what it takes to<br />

ensure the survival and prosperity<br />

of an organisation can be more<br />

challenging than ever. By<br />

achieving ISO 22301:2012<br />

Certification <strong>for</strong> Business<br />

Continuity Management, Rack<br />

Centre demonstrates its<br />

commitment to improve<br />

in<strong>for</strong>mation resilience and<br />

minimize the operational impact<br />

of disruptive incidents. On behalf<br />

of BSI, I would like to<br />

congratulate Rack Centre <strong>for</strong><br />

achieving ISO 22301:2012<br />

certification and <strong>for</strong> your ongoing<br />

commitment to continual<br />

improvement.”<br />

Delighted in securing such a<br />

coveted certification, Managing<br />

Director, Rack Centre, Ayotunde<br />

Coker, said "this is a key milestone<br />

<strong>for</strong> Rack Centre and underpins<br />

our commitment to excellence<br />

and business continuity.''<br />

To obtain the certification, Rack<br />

to Nigeria - a promise to<br />

materially improve financial<br />

inclusion rates and to deliver<br />

access to financial services to 90<br />

million customers over the next 30<br />

months: 1. By the 6th month, we<br />

commit to bringing access to<br />

financial services to 15million<br />

customers, serviced by 100,000<br />

agents. 2. By the 12th month, we<br />

commit to bringing access to<br />

financial services to 35 million<br />

Nigerians serviced by 250,000<br />

agents. 3. By the 24th month, we<br />

commit to bringing access to<br />

financial services to 70 million<br />

Nigerians, serviced by 600,000<br />

agents.<br />

•Tunde Coker<br />

Centre partnered with Deloitte,<br />

the internationally recognised<br />

professional services firm which<br />

provided consulting,<br />

implementation and certification<br />

services.<br />

In his congratulatory message,<br />

Deloitte said: “We understand that<br />

this marks a turning point in Rack<br />

Centre’s journey in maintaining<br />

the competitive edge and<br />

customer’s delight. It had been a<br />

tremendous learning experience<br />

<strong>for</strong> us all and it is heart-warming<br />

to see all the hardwork resulting<br />

in this success.”<br />

The ISO 22301:2012 certification<br />

is designed to protect a business<br />

from threats to business<br />

continuity and proactively put<br />

plans in place ahead of time to<br />

prevent such threats impacting on<br />

the smooth running of that<br />

business or to keep the business<br />

running during crises and<br />

improve recovery time.<br />

Vanguard, WEDNESDAY, SEPTEMBER 12, 2018 — 25<br />

Anambra Technovation Girls:<br />

Deriving maximum impact<br />

from their award<br />

BY CHRIS EGBUNA<br />

THE surge in technological revolution across the globe<br />

has its base on human capital development. It results<br />

from uncommon commitment to quality education and skills<br />

development among few nations, which has elevated modern<br />

society to a higher stage of creative ability. This is the case<br />

with Anambra State where five students of the Regina Pacis<br />

Model Secondary School, Onitsha, received gold medal at the<br />

recent World Technovation Challenge held in Silicon Valley,<br />

in the United States.<br />

The Nigerian contingent comprising Promise Nnalue, Jessica<br />

Osita, Nwabuaku Ossai, Adaeze Onuigbo and Vivian<br />

Okoye was led by their instructur, Mrs. Uchenna Onwuamaegbu-Ugwu.<br />

The team knocked off contestants from the<br />

USA, China, Spain, Uzbekistan and Turkey – considered miles<br />

ahead in technological development. Our girls emerged tops<br />

<strong>for</strong> developing a mobile application called FD Detector to tackle<br />

the lingering problems of circulation of fake pharmaceutical<br />

products in Nigeria, suggesting they understand their environment<br />

and its challenges.<br />

It is noteworthy that the victory was secured amid global<br />

condemnation of many Nigerian girls engaging in human<br />

trafficking and prostitution in some parts of North Africa and<br />

Europe. The team has changed the narrative and has proved<br />

that Nigeria is not all about negative news. Also remarkable<br />

is that the feat was achieved in a contest that involved<br />

participants from technologically advanced environments.<br />

Called Team Save-A-Soul, the group explained the reason<br />

<strong>for</strong> the problem they chose to solve:<br />

“Leveraging technology to save lives is our utmost priority;<br />

that is why we have decided to maximize this opportunity to<br />

solve the incessant rate of death caused by fake drug.”<br />

Coming from the part of the world notorious <strong>for</strong> the circulation<br />

of fake, expired and sub-standard drugs, with attendant<br />

damage to lives and health of innocent citizens, the team could<br />

not have made a better choice.<br />

“These young ladies in Junior Secondary School developed<br />

a mobile application called FD Detector to tackle the problems<br />

of fake pharmaceutical products in Nigeria. Congratulations!<br />

We are very proud of you,” then Acting President, Yemi Osinbajo<br />

said in a Twitter post. Anambra State <strong>Gov</strong>ernor, Willie<br />

Obiano, who personally sent the girls off to the US at a brief<br />

ceremony during the weekly executive council meeting where<br />

he charged them to put Nigeria and Africa on the global technological<br />

map with their rare talent, said: “the girls deserve<br />

some accolade.”<br />

In a competition that featured over 2,000 entry-apps, the<br />

win at the Technovation contest could not have come easy.<br />

Technovation is an ICT development initiative aimed to offer<br />

girls around the world the opportunity to learn the programming<br />

skills required to make them tech-entrepreneurs and leaders.<br />

The 2018 World Pitch Summit held at San Francisco, was<br />

the final ‘pitch’ of the programme. It followed more than seven<br />

months of hard work, innovation, and problem-solving tasks<br />

by more than 19,000 girls in 115 countries supported by over<br />

5,000 mentors.<br />

The programme is designed to be empirical-based and problem-solving<br />

specific. Every year, Technovation invites girls from<br />

across the globe to identify problems in their communities which<br />

they are challenged to find solutions to by developing Android<br />

applications that would practically address those problems.<br />

In the course of the programme, participants are exposed<br />

to problem-solving challenges involving field trips meant to<br />

give them the benefit of participating in life-changing workshops<br />

and engaging in a networking session.<br />

With such extensive exposure culminating in a problem-solving<br />

outcome, the government should spearhead the deployment<br />

of the Team Save-A-Soul towards technological advancement<br />

in Nigeria, beginning with Anambra State. The<br />

world is watching and we cannot af<strong>for</strong>d to have the story of<br />

the girls’ exploits shared in the past tense without evidence of<br />

concrete application of the result. The project should be integrated<br />

with the National Agency <strong>for</strong> Food and Drug Administration<br />

and Control, NAFDAC, to perfect the process <strong>for</strong> statutory<br />

patency.<br />

The Standards Organisation of Nigeria, SON, should also<br />

be involved. That way, Nigeria’s major trading partners especially<br />

China and other Asian countries, will be put on notice<br />

concerning exporting fake, expired and substandard products<br />

which government has combatted over the years with little<br />

success. It is estimated that Nigeria loses over N50 billion annually<br />

through importations of fake, expired and substandard<br />

products. It also contributes to high entrepreneurial mortality<br />

across various sectors, especially among the small and medium<br />

enterprises, SMEs.<br />

Anambra State <strong>Gov</strong>ernment should be involved in this project<br />

to ensure proper handling of the process. A project plan should<br />

be developed by the appropriate MDA(ministry, department<br />

or agency) towards deployment of the FD Detector towards its<br />

objective of combating the spread of fake, expired and substandard<br />

pharmaceutical products. Associations of pharmacists<br />

and related traders as well as environmental experts should<br />

be involved.<br />

•Egbuna, a development analyst, wrote in from Nnewi.

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