Telcos co-locate for financial inclusion …target 90 million Nigerians by 2020 By Prince Osuagwu Telecom operators, MTN Nigeria, Globacom, Airtel and 9Mobile, have formed a surprising partnership to deepen the financial inclusion in the country. The telcos clearly indicated interest to providing Nigerians with access to a range of affordable financial services. Following the issuance of Nigeria’s first mobile money licences in 2009, the journey towards financial inclusion has been slow. Current financial exclusion levels stand at over 40 per cent. There is a significant gap to be covered in order to meet Nigeria’s target of 20 per cent financial exclusion by 2020. In Nigeria, telco’s are excluded from accessing mobile money licences directly under current guidelines, while in most sub-Saharan African markets where mobile money is successful; Telcos are given a level-playing field. The meeting was facilitated by Academic Director and Senior Fellow, at Lagos Business School, Yinka David-West, who said: “Far beyond financial inclusion rates in Nigeria, we also have to examine how people currently considered to have access to financial services stack up when evaluated against the criteria for true financial inclusion, that is, access to a full suite of quality financial services, provided at affordable prices, in a convenient manner. When evaluated against this definition, it is clear that as a country, we have to work, not just to drastically increase the number of financially included persons, but also to increase the quality of inclusion and access we give, especially if we hope to positively impact the economy and the quality of the lives of Nigerians in any meaningful way.” The telecommunications industry recognises that with an issue as critical as financial inclusion, it is important to focus on sustainable solutions. This requires inclusivity and collaboration of varied solutions providers in order to achieve real results. The telecommunications industry has the capabilities, technology, infrastructure, distribution network and subscriber base that can quickly be leveraged to provide these solutions. According to the Nigerian Communications Commission, NCC, the industry has a reach of 86 per cent of the country, with 162.3 million customers (the single largest customer base of any industry in Nigeria).The industry players have a combined presence in 773 local government areas across the country further emphasising their ability to reach especially hard to reach areas of the country in a bid to deepen access to financial services. They also have 1,000,000 unique agents already in place selling airtime across the country, creating a strong distribution network that can quickly be converted to established mobile money agent networks. Our commitments as an Industry As the largest investors in telecoms in Nigeria, we have come together to deliver a concrete commitment Rack Centre latest certification to give it competitive edge By Blessing Okoroafor Co-location Data Centre, Rack Centre, has achieved the ISO 22301:2012, a Business Continuity Management Certification. The latest certification which is globally recognised by British Standard Institute, BSI, has made the data centre to stand side by side with other centres across the world which have attained such a feat. Speaking on the certification, Managing Director, BSI Middle East and Africa, Theuns Kotzé, said: “In today’s volatile world, understanding what it takes to ensure the survival and prosperity of an organisation can be more challenging than ever. By achieving ISO 22301:2012 Certification for Business Continuity Management, Rack Centre demonstrates its commitment to improve information resilience and minimize the operational impact of disruptive incidents. On behalf of BSI, I would like to congratulate Rack Centre for achieving ISO 22301:2012 certification and for your ongoing commitment to continual improvement.” Delighted in securing such a coveted certification, Managing Director, Rack Centre, Ayotunde Coker, said "this is a key milestone for Rack Centre and underpins our commitment to excellence and business continuity.'' To obtain the certification, Rack to Nigeria - a promise to materially improve financial inclusion rates and to deliver access to financial services to 90 million customers over the next 30 months: 1. By the 6th month, we commit to bringing access to financial services to 15million customers, serviced by 100,000 agents. 2. By the 12th month, we commit to bringing access to financial services to 35 million Nigerians serviced by 250,000 agents. 3. By the 24th month, we commit to bringing access to financial services to 70 million Nigerians, serviced by 600,000 agents. •Tunde Coker Centre partnered with Deloitte, the internationally recognised professional services firm which provided consulting, implementation and certification services. In his congratulatory message, Deloitte said: “We understand that this marks a turning point in Rack Centre’s journey in maintaining the competitive edge and customer’s delight. It had been a tremendous learning experience for us all and it is heart-warming to see all the hardwork resulting in this success.” The ISO 22301:2012 certification is designed to protect a business from threats to business continuity and proactively put plans in place ahead of time to prevent such threats impacting on the smooth running of that business or to keep the business running during crises and improve recovery time. Vanguard, WEDNESDAY, SEPTEMBER 12, 2018 — 25 Anambra Technovation Girls: Deriving maximum impact from their award BY CHRIS EGBUNA THE surge in technological revolution across the globe has its base on human capital development. It results from uncommon commitment to quality education and skills development among few nations, which has elevated modern society to a higher stage of creative ability. This is the case with Anambra State where five students of the Regina Pacis Model Secondary School, Onitsha, received gold medal at the recent World Technovation Challenge held in Silicon Valley, in the United States. The Nigerian contingent comprising Promise Nnalue, Jessica Osita, Nwabuaku Ossai, Adaeze Onuigbo and Vivian Okoye was led by their instructur, Mrs. Uchenna Onwuamaegbu-Ugwu. The team knocked off contestants from the USA, China, Spain, Uzbekistan and Turkey – considered miles ahead in technological development. Our girls emerged tops for developing a mobile application called FD Detector to tackle the lingering problems of circulation of fake pharmaceutical products in Nigeria, suggesting they understand their environment and its challenges. It is noteworthy that the victory was secured amid global condemnation of many Nigerian girls engaging in human trafficking and prostitution in some parts of North Africa and Europe. The team has changed the narrative and has proved that Nigeria is not all about negative news. Also remarkable is that the feat was achieved in a contest that involved participants from technologically advanced environments. Called Team Save-A-Soul, the group explained the reason for the problem they chose to solve: “Leveraging technology to save lives is our utmost priority; that is why we have decided to maximize this opportunity to solve the incessant rate of death caused by fake drug.” Coming from the part of the world notorious for the circulation of fake, expired and sub-standard drugs, with attendant damage to lives and health of innocent citizens, the team could not have made a better choice. “These young ladies in Junior Secondary School developed a mobile application called FD Detector to tackle the problems of fake pharmaceutical products in Nigeria. Congratulations! We are very proud of you,” then Acting President, Yemi Osinbajo said in a Twitter post. Anambra State Governor, Willie Obiano, who personally sent the girls off to the US at a brief ceremony during the weekly executive council meeting where he charged them to put Nigeria and Africa on the global technological map with their rare talent, said: “the girls deserve some accolade.” In a competition that featured over 2,000 entry-apps, the win at the Technovation contest could not have come easy. Technovation is an ICT development initiative aimed to offer girls around the world the opportunity to learn the programming skills required to make them tech-entrepreneurs and leaders. The 2018 World Pitch Summit held at San Francisco, was the final ‘pitch’ of the programme. It followed more than seven months of hard work, innovation, and problem-solving tasks by more than 19,000 girls in 115 countries supported by over 5,000 mentors. The programme is designed to be empirical-based and problem-solving specific. Every year, Technovation invites girls from across the globe to identify problems in their communities which they are challenged to find solutions to by developing Android applications that would practically address those problems. In the course of the programme, participants are exposed to problem-solving challenges involving field trips meant to give them the benefit of participating in life-changing workshops and engaging in a networking session. With such extensive exposure culminating in a problem-solving outcome, the government should spearhead the deployment of the Team Save-A-Soul towards technological advancement in Nigeria, beginning with Anambra State. The world is watching and we cannot afford to have the story of the girls’ exploits shared in the past tense without evidence of concrete application of the result. The project should be integrated with the National Agency for Food and Drug Administration and Control, NAFDAC, to perfect the process for statutory patency. The Standards Organisation of Nigeria, SON, should also be involved. That way, Nigeria’s major trading partners especially China and other Asian countries, will be put on notice concerning exporting fake, expired and substandard products which government has combatted over the years with little success. It is estimated that Nigeria loses over N50 billion annually through importations of fake, expired and substandard products. It also contributes to high entrepreneurial mortality across various sectors, especially among the small and medium enterprises, SMEs. Anambra State Government should be involved in this project to ensure proper handling of the process. A project plan should be developed by the appropriate MDA(ministry, department or agency) towards deployment of the FD Detector towards its objective of combating the spread of fake, expired and substandard pharmaceutical products. Associations of pharmacists and related traders as well as environmental experts should be involved. •Egbuna, a development analyst, wrote in from Nnewi.
26— Vanguard, WEDNESDAY, SEPTEMBER 12, 2018 08052201992 •The result of clogged drains Homemakers can help reduce flooding flooding …as flood is a human caused disaster For some weeks now, the nation especially Lagos has been witnessing heavy downpour which has resulted into heavy flooding in many parts of the state. Though no one can hold the rain from falling the way it likes but we can help reduce its adverse effect in terms of flooding the environment if as Homemakers, we can control the waste generated in the home. The truth is that Homemakers are in charge of more that 80% of what come into the house from the food items to the drinks and other home materials. There is hardly anything one buys from the local markets or super markets that you are not given carrier bags or plastic bags to carry them. All these bags, pet bottles, nylon just to mention a few homemakers bring home are wastes that should be properly disposed. If not, they will eventually end in our drainage system, clogging drains and waterways . Flood is a human caused disaster which could be controlled if Homemakers are conscious of the damage it causes environment like rendering many homeless, making movement almost impossible and contributing to health and environmental hazards. This problem can be solved if homemakers could start sorting their wastes, especially the PET bottles, papers, nylons, cans, and dispose properly. Sorting out your waste can fetch you a good money which is almost free. Get disposable bags and lecture your household on how to separate your wastes in the bags. Sell them to recycle companies or middle men who buy and sell to recycler. You will be surprised how much you will be making. The money gotten from it will also go a long way to help in achieving a cleaner and more conducive environment that is safe for our health. CONSUMER WATCH A place that makes you plan ahead Items Prices Items Prices Items Prices Basket of Tomatoes N22,000- N25,000 A bag of Garri (Yellow) N5,500 Tomatoe paste (Medium) N700-N750 Ghana / Cameroun Tomatoes A paint bucket N500 Tomato paste(small) N200-N400 (small basket) N5,000- N8,000 A bag of Ijebu Gari N5,000 - N8000 Tomato sachet (a roll) N350 –N400 Bag of Bawa N7,000- N9,000 A paint bucket N500 Pack of toilet roll (48pieces) N1800-N2,300 Bag of Pepper (Rodo) N14,000 - N20,000 25 Litres of Vegetable Oil N10,500-11,000 A Satchet of milk N30-N50 A Sachet of beverage N45-N50 A bag of Long pepper N14,000 – N15,000 10Litres N4,000-N 4,400 Toothpaste N270-N300 A bag of Onions (white) N24,000 – N32,000 25 Litres of Palm Oil N15,000 5 Litres of Kerosine N1,200 A bag of Onions (Red) N22,000- N28,000 5Litres of Palm Oil N2,200 12.5kg. Cooking gas N4,000 -N4,500 50kg of long grain Rice N13,500 Salt N100-N200 Yam (1 tuber). N400- N1000 A derica of long grain Rice N260 - N300 Noodles- 70g N1500- N1970 Ugu Leaf (a bundle) N3, 500 – N4, 000 50kg of short grain Rice. N13,500 Spaghetti (1packet) N300-N350 A dozen of tied Ugu Leaf N1,800, A derica of short grain Rice N260 - N350 Macaroni(1packet) N250-270 Moin-Moin Leaf (a dozen) N1000, A crate of eggs N1,100 - 1,200 Semovita (10kg) N3000- N3500 1 pack- N150 A bag of Olotu beans N65,000 Diapers (cartons of 8) N1680- N4000 Carton Titus ice Fish N19,500 A bag of Oloyin N24,000 Seasonings N110 – N500 1 Carton of Kote ice fish N14,500 A bag of Yam Flour (Elubo) N80,000 Tomato paste (2,200g) N1500-N1800 1 Carton of Croacker ice Fish N24,000,