Business & Economy
Stakeholders push for innovation, digital collaboration at P.H Tech Expo 2026 …..urge youths to build skills, leverage AI for career success -As Experts proffer solutions to cyber crime
By David Owei
Stakeholders in Nigeria’s technology ecosystem have called for stronger collaboration among government, the private sector, academia and innovators to accelerate digital transformation and position the country for sustainable economic growth.
The call was made at the two-day Port Harcourt Tech Expo 2026, organised by TechNexus Limited in partnership with the Niger Delta Development Commission (NDDC).
The Tech Expo 2026 was also supported by Renaissance Africa Energy, the Pana Holdings and the Rivers State Internal Revenue Service.
Held at the EUI Events Centre under the theme “Syntropy,” the expo brought together policymakers, technology experts, investors, entrepreneurs, academics and young innovators to deliberate on the role of technology in governance, education, healthcare, agriculture, energy, finance and the creative economy.
Opening the event, speakers said Nigeria must move beyond consuming technology to becoming a producer of digital solutions capable of driving economic development.
Delivering a goodwill message on behalf of the Director-General of the National Information Technology Development Agency (NITDA), Dr. Aristotle Onumo said the country’s digital future depended on inclusive development, digital literacy, artificial intelligence governance, startup growth and public-private partnerships.
He said the global economy was increasingly driven by knowledge, data and digital skills, urging Nigerians to embrace innovation and artificial intelligence.
Managing Director of the NDDC, Chief Samuel Ogbuku, described technology as a critical tool for tackling unemployment, urging young Nigerians to acquire digital skills to remain competitive in the evolving global economy.
According to him, intellectual property has become the new wealth creation platform, warning that while artificial intelligence may replace some jobs, it will also create new opportunities for those adequately prepared.
Representing the Rivers State ICT Department, Mrs. Aleruchi Elizabeth Akani identified poor coordination among stakeholders as a major challenge facing the state’s technology ecosystem and called for stronger collaboration to deepen digital development.
Chairman of the Rivers State Internal Revenue Service (RIRS), Sir Israel Egbunefu, advocated a governance model anchored on digital transformation, accountability and innovation, saying technology should be deployed to improve public service delivery and revenue administration.
Panel discussions on the opening day focused on education technology, cybersecurity, agriculture technology and the creative economy.
Participants urged schools to move from theoretical teaching to practical digital learning, improve teachers’ digital capacity and strengthen technology integration in classrooms.
Cybersecurity experts warned about the growing threat of cybercrime, calling for stronger national cyber infrastructure, improved identity management and greater investment in cybersecurity talent.
The Alliance Française advocated greater integration of French language education into Nigeria’s academic curriculum to improve global competitiveness and cross-border opportunities.
As part of its digital inclusion initiative, the organisers presented tablet computers to students of the Federal Government Girls College, Abuloma.
Participants also urged youths to deliberately develop practical skills, embrace Artificial Intelligence (AI), and strategically position themselves to remain competitive in today’s evolving job market
Speaking to participants, the facilitator, Mr. Iyene said individuals should see themselves as products whose success depends not only on acquiring skills but also on effectively packaging and presenting their value to employers and clients.
The expo later shifted attention to LegalTech, MedTech, EnergyTech, FinTech, data governance and innovation.
Speakers at the LegalTech session called for increased investment in digital education, stronger public-private collaboration and technology solutions tailored to African realities, while emphasising compliance with data protection regulations and the African Continental Free Trade Area (AfCFTA).
Delivering a keynote address on energy and sustainability, the Vice-President, Relations and Sustainability, Renaissance Africa Energy Limited, Igo Weli urged stronger collaboration among government, energy companies and host communities to ensure responsible resource development and environmental sustainability in the Niger Delta.
Healthcare experts identified fragmented medical records, poor infrastructure, unstable electricity supply, weak internet connectivity and inadequate funding as major obstacles to quality healthcare delivery.
They advocated integrated national health records, telemedicine, unique patient identification systems and closer collaboration between health technology and financial technology to improve healthcare access.
Zipline Nigeria showcased its drone-powered medical logistics system, saying it had completed more than 190,000 medical deliveries and served over six million patients.
Energy technology experts argued that affordability should take precedence over mere access, recommending decentralised solar systems, lithium-ion batteries and battery-swapping technology for electric vehicles while calling for policy reforms to address financing and regulatory challenges.
Geo-spatial technology specialist Ross Alabo George highlighted the growing application of drones and mapping technologies in agriculture, urban planning, environmental monitoring and infrastructure development, encouraging young innovators to build expertise before developing technology solutions.
The FinTech session focused on improving access to finance for small businesses through digital payments, proper record-keeping, tax compliance and data-driven credit assessment, while speakers urged African startups to build products capable of serving continental markets.
Representing PanaHoldings, Victor Itota described data as the foundation of Nigeria’s future industrial development, stressing that execution, rather than ideas alone, will determine national competitiveness.
Participants also attended masterclasses on career development, job readiness and startup pitching before young innovators showcased technology solutions during the Expo’s hackathon and pitch competition.
A recurring theme throughout the conference was that technology alone cannot transform society without skilled people, strong institutions, enabling policies and sustained collaboration among government, industry and academia.
Participants agreed that innovation, human capital development and effective implementation of policies remain critical to unlocking Nigeria’s digital and economic potential.
Business & Economy
FG Secures Release of 98 Transmission Equipment Containers Stranded for Decades
By Jacob Moses,Abuja
The federal government, through the Ministry of Power under the Minister Joseph Tegbe, has secured the release of transmission equipment that have been stranded at the nation’s ports fortwenty years.
Announcing the development at a media briefing in Lagos, Tegbe said the first 44 containers were released from the ENL Terminal and another 54 from the APMT and Sun & Moon Terminals, bringing the total to 98 of over 300 containers held.
The minister explained that the equipment, which includes high-capacity transformers, cables and switchgear, was procured to expand the transmission network and relieve overloaded substations.
Its detention stalled projects, kept existing substations under heavy strain, exposed valuable assets to deterioration and accumulated charges on the cargoes.
He noted that the cost is felt daily by businesses spending more on alternative power, families enduring interruptions and public institutions struggling to maintain essential services.
The release is in response to President Bola Ahmed Tinubu’s directive that the cargoes be cleared immediately, and the Minister and the Comptroller-General of Customs swung into action, working tirelessly to secure it.
Tegbe credited the president for the breakthrough and thanked the Ministers of Finance and of Marine and Blue Economy, the Comptroller-General of Customs, and officials of the Ministry of Power and its agencies.
Speaking at the event, the Comptroller-General of Customs, Bashir Adeniyi, said the release follows the president’s directive for immediate clearance and for agencies to resolve outstanding charges and administrative bottlenecks without delay.
Customs has begun steps to clear the containers, working with the Ministry of Power, the Nigerian Ports Authority and terminal operators.
He pledged to work hand in hand with the Minister until all the containers are cleared, and appealed to terminal operators to give Nigeria the support required for an important national quest.
Upon inspection, most of the equipment was found to be useful and viable. When evacuated, it will be verified, tested and refurbished where necessary, then deployed to project sites to complete stalled installations, relieve overloaded substations and strengthen constrained transmission corridors.
As these projects enter service, they are expected to deliver fewer interruptions from overloading, better voltage performance and a stronger network to carry electricity to homes, businesses and essential services.
Tegbe assured Nigerians that the Ministry would follow the recovery through to installation and commissioning and provide updates on the remaining containers, expressing confidence that they would be released without further delay.
Business & Economy
Coastal Highway Will Unlock Blue Economy Corridor-Sen.Imasuen … As ABER Pushes for Nigeria Senate Blue Economy Caucus
By David Owei
The Chairman, Senate Committee on Ethics, Privileges and Public Petitions, Senator Neda Imasuen (Edo South), has described the Lagos-Calabar Coastal Highway as a game-changer that will unlock Nigeria’s Blue Economy corridor and create new opportunities for littoral communities.
Senator Imasuen made the remark on Wednesday in Abuja when the Founder and Convener of the Africa Blue Economy Roundtable (ABER), Dr. Piriye Kiyaramo, led a delegation on a courtesy visit to his office at the National Assembly.
He commended ABER’s advocacy for a community-owned Blue Economy and pledged to study its proposal for the establishment of a Nigeria Senate Blue Economy Caucus (NSBEC).
Presenting the proposal, Dr. Kiyaramo said that despite Nigeria’s 853km coastline, over 3 million artisanal fisherfolk and an estimated $70 billion annual Blue Economy potential, the country still lacks a dedicated parliamentary mechanism to legislate, coordinate, budget and provide oversight for the sector.
“We lose $2.3 billion annually to illegal, unreported and unregulated (IUU) fishing. We lose mangroves and young lives at sea. Without law, there is no Blue Economy; there is only blue anarchy,” he said.
Dr. Kiyaramo noted that the proposed Caucus is modelled after the East African Legislative Assembly (EALA), which governs Lake Victoria for seven countries.
“If EALA can govern Lake Victoria, the Nigerian Senate can govern the Gulf of Guinea front,” he stated.
He said the NSBEC is anchored on ABER’s vision of a connected, competitive and community-owned Blue Economy where no fisherfolk is left behind.
According to him, the Caucus, when established, could canvass for the Domestication of the AU Blue Economy Strategy, the Lomé Charter, ILO Convention C188 and the FAO Port State Measures Agreement; Legislation and enforcement of the 5-nautical-mile Artisanal Exclusive Zone;
Allocation of at least 10% of marine revenue to artisanal infrastructure; and Rallying South-South States to establish Ministries of Marine and Blue Economy, emulating the Bayelsa model.
Proposed Structure
Kiyaramo recommended a 23-member Caucus comprising two Senators each from Akwa Ibom, Bayelsa, Cross River, Delta, Edo and Rivers (12), plus Lagos, Ondo and Ogun (6), three non-littoral experts, and two ex-officio members from the Federal Ministry of Marine and Blue Economy and ABER as Technical Secretariat. Senator Imasuen is proposed as Chairman and Patron, with a minimum 35% women representation.
Four Standing Sub-Committees are proposed: Fisheries, Aquaculture and Blue Food Security; Blue Tourism, Marine Transport and Coastal Infrastructure; Blue Justice, Human Rights and Gender – to work with the International Human Rights Protection Service (IHRPS Forum) West Africa Envoy to track violations, provide legal aid, ensure women’s cold-chain ownership and enforce Free, Prior and Informed Consent (FPIC); and Blue Carbon, Mangroves and Climate Resilience – with 70% of benefits accruing to coastal communities.
The Caucus is also expected to initiate three landmark Bills: the National Blue Economy Act, the Artisanal Fisheries Protection and 5nm Enforcement Act, and the Blue Carbon and Mangrove Protection Act, while partnering with EALA, the ECOWAS Parliament and the Directorate of Technical Cooperation in Africa (DTCA).
90-Day Action Plan
Dr. Kiyaramo further proposed a 90-day take-off plan including inauguration by the Senate President, engagement with the South-South Governors Forum, a Public Hearing on the Blue Justice Gap and unveiling of 100 Bankable Blue Deals, and a Senate Motion on ILO C188 ratification and 5nm enforcement.
“The Caucus will harmonize blue laws, redirect IUU losses to community jobs and position Nigeria to lead the ECOWAS Blue Parliamentary Network,” he said.
“Like EALA governs Lake Victoria for seven countries, NSBEC can govern the Gulf of Guinea for Nigeria. History will not remember us for the oil we extracted, but for the ocean we preserved.”
The high point of the visit was the decoration of Senator Neda Imasuen as Patron of the Africa Blue Economy Roundtable by H.E. Dr. Mrs. Ezeadili Appolonia Obiageri. Hajiya Medina Dauda Nadabo, Director of Communication and Public Affairs of ABER, was part of the Convener’s entourage.
Signed:
Medina Dauda Nadabo Director Communications Public Affairs.
Business & Economy
570% Fuel Price Increase: Take Cue From Us -ADC Tells Voters — Says Cost of Living Remains Central in January Elections
By George Mgbeleke
The African Democratic Congress (ADC) has said that the outcome of the recent United States midterm elections, in which Americans voted to replace the ruling Republican Party in Congress amidst a nearly 37 per cent increase in fuel prices in several states, points the way for Nigerian voters grappling with a 570 per cent increase in petrol prices since President Bola Tinubu removed fuel subsidies in May 2023.
Earlier, the opposition party had urged Nigerians to emulate the Americans in the immediate aftermath of the US midterm elections, in which the ruling Republican Party suffered a crushing defeat. But as the shockwaves of the election continue to reverberate across the world, the party has now claimed that the outcome of the US election confirms its own position that the cost of living and affordability have become major issues in determining electoral outcomes, urging Nigerians to take a cue from this as the country heads to the polls in January.
“The lesson from America is simple: governments must answer to the people for their economic decisions. In January, the cost of living must be at the centre of Nigeria’s democratic choice,” the party said in a statement issued by its National Publicity Secretary, Mallam Bolaji Abdullahi, on Saturday.
“On Tuesday, American voters were responding to fuel-price increases of about 37 per cent. Nigerians have experienced a far steeper increase, with average petrol prices rising from N238.11 per litre in May 2023 to N1,596.25 by May 2026, translating to about a 570 per cent increase.”
The party explained that an increase of 570 per cent in petrol prices is not just an economic statistic, but the reason transportation has become unaffordable, food prices have risen and small businesses are struggling to survive.
“Every Nigerian household is paying the price for the APC and Tinubu’s failed policies,” the statement said, adding that while the government has continued to ask Nigerians to make sacrifices for a better future, more than three years later, the government has failed to show how the removal of subsidies could possibly benefit ordinary citizens.
“As January 16 approaches, Nigerians deserve clear answers about how fuel, electricity, food and transportation would be made affordable. The APC and President Tinubu clearly do not have answers. It is for the same reason that Americans voted against the ruling Republican Party, and it is for the same reason that Nigerians should reject the ruling APC in January,” the party said.
-
Politics2 years agoGov Okpebholo moves to end Cultism *Threatens action against leading cult groups *Vows to demolish more cult houses in Edo State
-
Politics1 year agoASUU-NDU protest against FG loans, unpaid salaries,Non-Implementation of agreements …..says loans is generational slavery
-
Business & Economy1 year agoPC-NCG Issues Disclaimer on Purported Nigerian Coast Guard National Orientation Exercise In Anambra State
-
Entertainment2 years agoJubilation galore as Parishioners of CKC Kurudu celebrate their cultural heritage ….FG should exploit our Cultural heritage to unite Nigerians-Rev Fr Dim
-
Sports9 months agoBayelsa-born ex-football star’s son, Opuama donates spike shoes to Athletics Association
-
General News2 years agoReps hold public hearing on FMC Ugwuaji Awkunanaw
-
Law & Crime1 year agoLegal practitioner raises alarm over threat to his life by CSP Muhammed Abdulkareem
-
General News2 years agoCelebration galore as UDA Successfully Elected New Exco ……I will digitalize processes that will raise UDA to greater height -Comr. Okejiri
