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NIGCOMSAT Launches Accelerator Programme To Propel Advancement In Satellite Tech

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In a significant stride towards fostering technological innovation, the Nigerian Communications Satellite (NIGCOMSAT) has officially inaugurated its accelerator programme in Abuja.

The programme, unveiled at the Communication and Digital Economy Complex, is aimed at propelling advancements in satellite technology and bolster Nigeria’s position in the global tech arena.

Attended by prominent figures from the tech industry and within the government, the launch event underscored NIGCOMSAT’s pivotal role in driving economic growth and digital transformation.
The chairmen of both the Senate and House Committees on Cybersecurity and ICT, lauded the initiative, emphasizing its potential to stimulate innovation, create employment opportunities and bridge the digital divide while helping to usher in the digital futured that many long for.

Senator Afolabi Salisu while giving his goodwill speech, stated that the initiative is one that Nigerians should be proud of. He further asserted that stakeholders must continue to review the roles and responsibilities of the nation’s MDAs.

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Speaking further, Senator Salisu noted that the MDAs must begin to focus deeply on the challenges that beset the country, coming up with solution to ameliorate the living standards of the average Nigerian.

He said, “we can no longer just be MDAs for a Federal Government that the only thing we do is the perfunctory duties known to our agencies, let us now break the rules, let us go out of the conventional because we are in a very dire strait in the country today, and technology plays a very significant role in bringing us out of this.”

The Senator urged all agencies under the digital economy to collaborate more with each other to provide custom solutions to the nation’s problems, adding that if the agencies also liaise with the National Assembly, then they will find in the parliamentarians a worthy partner in the cause to reposition Nigeria.

On her part, the MD/CEO of NIGCOMSAT, Ms Jane Egerton-Idehen stressed that the launch falls in line with the agency’s vision to drive innovation in the satellite industry even within Africa.
She added that the initiative will show how tech-enabled products can solve every day problems for the average Nigerian.

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Ms Egerton-Idehen revealed that for this accelerator programme, NIGCOMSAT will be working with 20 startups from different sectors, adding that their varied projects have one unique general base which is the use of tech that requires satellite as an enabler to proffer solutions based on the needs of Nigerians.

“Broadband access is key to pushing out these solutions,” she stressed, adding that in selecting the startups, the agency also looked at those who had products that are in demand, as there is no value is solving problems that no one needs solutions to.

Composition of the various teams also played a key role in the selection process for the accelerator program, even as the NIGCOMSAT CEO emphasized that the project goes a long way in helping to bridge the digital divide.
“I think this is massive, one of the things NIGCOMSAT is known for is that we go to places people wouldn’t go to, we will go to the unserved and unreached areas.

“And really, that has been one of the biggest problems that we have seen innovation, we’ve seen economic activities in urban areas, in the cities, but most times we have left out all the rural areas and the only way to have inclusion, is to take all these things – economic activities, digital economy, whatever you are doing, it has to be accessible to all, and that is what NIGCOMSAT can do.
“Even though these startups might exist in the city or urban areas, we are taking them to where people need them to solve problems,” Ms Egerton-Idehen stated.
Speaking about revenue generation, the NIGCOMSAT CEO assured that the project will indeed generate a lot of revenue for the country, seeing that the solutions being provided are those which people need and as such millions will be willing to pay for services that will be rendered.

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NAF to get 50 new fighter jets

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At his second biannual meeting with branch chiefs and Air Officers Commanding NAF formations in Abuja, the Chief of Air Staff(CAS),  Air Marshal Hasan Abubakar, said the expected 50 fighter jets would complement the 12 already in NAF’s inventory.

Abubakar encouraged the officers to uphold the highest standards of professionalism, integrity, and loyalty as they contribute to the overall mission of the NAF.

He said: “A few months ago, we celebrated the 60th anniversary of the Nigerian Air Force, which ushered us into a golden era of transformation and evolution.

“Over the past year, we have successfully inducted 12 aircraft into our inventory, and God willing, we shall take delivery of 50 brand new aircraft between December this year and 2026.

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“This is a remarkable achievement that we have not witnessed in a very long time.

“Indeed, these are exciting times that demand innovative thinking, resilience, and dedication.’’

Also yesterday, the Defence Ministry said the ongoing military operations against insurgents in the Northeast and Northwest had reached an advanced stage with the deployment of sophisticated satellite assets.

It said: “Right now, we have moved from normal military operations to advanced military operations. We now use drones. We need satellite to do that. Our troops have to identify where our enemies are. As it is now, without satellites, we cannot operate our drones.

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“There will be pollution, or rather, what you call accidents, among the drones in the space. Therefore, we need satellites to do that operation.”

Permanent Secretary of the ministry   Ibrahim  Kana stated this at  the Stakeholders Engagement organised by the Nigeria Communications Satellite Ltd., NigComSat.

Kana lauded President Bola Tinubu, the military, and other security agencies for protecting  the country

He said: “I want to use the opportunity, really, to thank His Excellency, Mr President, for bringing us together and making sure that we all work together and providing all the necessary requirements, particularly launching of more satellites in space.”

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President   Tinubu’s efforts in the fight against insecurity in the North was also commended by the  Arewa Elders Progressive Group yesterday.

The group noted that Tinubu’s approach to tackling insecurity, particularly his decision to use military force to crush bandits, has shown promising results.

The commendation was contained in a statement by the group’s Chairman,  Mustafa   Dutsinma.

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Bandits got weapons from corrupt security agents, says NSA

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Bandits and terrorists got a sizeable number of their arms and ammunition from securitymen, National Security Adviser (NSA) Nuhu Ribadu has said.

Ribadu, at the destruction of seized/recovered 2,400 illicit small arms and light weapons in Abuja yesterday, expressed worry that most of such arms were sold to criminals by security personnel.

Also in Abuja, the Defence Ministry announced that the ongoing anti-terror war had moved from normal military operations to the use of drones, and advanced war technique.

Fifty new fighter jets are to be added to the Nigerian Air Force (NAF) fleet between December this year and 2026 to rev up the war against insurgents and other criminal elements in the country, Ribadu reaffirmed.

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At the arms destruction by the National Centre for the Control of Small Arms And Light Weapons (NCCSALW), a unit in the Office of the NSA,  Ribadu, assured that the government would do everything possible to keep the country safe and secure.

He said: “We have to find a way of putting a stop to this. We must if we want to recover our country and live in peace and stability.

“The worst human being is a policeman or a soldier who will take arms from his own formation and sell it or hire it out for the bad people to come and kill his own colleagues.

“We must fight these people but also there are merchants of death and evil from outside the world.

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“The proliferation of illicit small arms and light weapons remains a major threat to our national security, exacerbating issues such as insurgency, banditry and other violent crimes.

“We have laws that govern ownership of small arms. If you do not follow it, it is an illegal arm and it is supposed to be destroyed completely.”

The  NSA said the military and other security agencies would secure the country against the merchants of death by all means possible.

He said with the present leadership,  the country would overcome all the country’s security challenges within the shortest possible time.

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“We are not going to relent. They think we are jokers. We are not, we know what we are doing. And I can assure you with the leadership we have today in our country, with the set of people in charge, we have hope.

“Just give us time. It will change. The proliferation of small arms and light weapons remains a major threat to our national security.  We will fight it. We will secure this country,” Ribadu added.

NCCSALW Director-General Johnson Kokumo said the challenge posed by the proliferation of Small Arms and Light Weapons (SALW) was one of the major threats to peace and security not only in the country but in  West Africa.

He said the 2,400 destroyed weapons, comprised unserviceable, decommissioned, and recovered arms.

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Kokumo added: “These weapons were mopped up by the military, police and other security agencies across the country.

“By permanently removing these arms from circulation, we reduce the risk they pose to our communities and send a clear message that Nigeria will not tolerate the illegal trafficking and possession of small arms and light weapons.’’

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Unpaid Commission: Businessman Sues FCMB, Demands $60,206.66

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A businessman, Michael Ogbole, has sued First City Monument Bank at a Lagos State High Court in Lagos, demanding $60,206.66 as unpaid commission for allegedly facilitating a multi-million-dollar transaction with a United States-based company, Sky Enterprise LLC.

Ogbole, in the suit, filed by Falana & Falana Chambers accususe FCMB of circumventing him in the deal.

The claimant alleged on June 2, 2016, he met with FCMB’s Group General Manager and Chief Executive Officer, Ladi Balogun, to discuss how he could help the bank secure finance from Sky Enterprise, a Florida-based firm specialising in trade finance, risk, and debt management.

Following their discussion, Balogun allegedly directed him to contact FCMB’s Treasurer, Gerald Ikem, who introduced him to Nomso Ezenta, head of Structured Funding and Correspondent Banking, to coordinate the transaction.

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The businessman said on September 2, 2016, he arranged a meeting between Sky Enterprise’s Global Director for Africa, Yinka Akinlabi, and FCMB at the bank’s headquarters to structure the deal.

The claimant said those present were top FCMB executives. After the meeting, the parties exchanged emails and phone calls to finalise the transaction.

However, in February 2021, the businessman discovered FCMB went ahead with the deal through Sky British, a subsidiary of Sky Enterprise, without his involvement.

He claims this was confirmed by FCMB’s Annual Report and Financial Statements of December 31, 2020.

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In a letter of October 12, 2021, the businessman demanded $60,206.66, representing one per cent commission on the $6,020,660, facility secured by FCMB from Sky British. After FCMB failed to respond, another demand letter was sent on January 19, 2022. Despite these efforts, the businessman claimed FCMB has refused to pay.

FCMB, through its lawyer, Wale Olawoyin, said the suit lacks merit, admitting that in 2016, Ladi Balogun was approached by the claimant, claiming he can broker dollar loans for banks.

Subsequently, the bank said the claimant, through phone conversations, emails, and two meetings, held discussions with other FCMB executives.

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