NCC supports commercially-viable innovations
The Nigerian Communications Commission has rewarded three start-ups that demonstrated their ability to develop commerciallyviable innovations to solve Nigeria’s challenges.
A start-up based in Kano State, Phaheem Pharmaceutical Limited, emerged as the second runner-up and was rewarded with N1m for developing a device that converts footsteps into electricity.
At the NCC Annual Emerging Technologies Research ICT Innovation Competition/ Exhibition held at Digital Bridge Institute in Lagos, Wicrypt emerged as first runner-up and was rewarded with N2m for developing a platform that allows people to share their Internet data in exchange for money.
Qatalog, a start-up that automates and distributes educational contents across 54 African countries clinched the first position and was rewarded with N3m.
The commission said the competition was organised to bring together competitors from technology hubs with novel ideas/projects that met the required criteria to positively impact the development of Nigeria telecommunications industry and support the growth of the economy.
In his keynote address, NCC’S Executive Vice Chairman, Prof. Umar Danbatta, stated that the exhibition aimed to achieve the commission’s commitment to promoting ICT innovation and investment opportunities, provide possible support to the growth of Technology hubs within the six geopolitical zones of the country.
Danbatta, who was represented by Commission’s Secretary, Felix Adeboye, added that the commission would assist contestants to bring their ideas to fruition, find the best business innovations that had potential to succeed in the commercial environment, and provide opportunity for them to present their plans to both local and global venture capitalists.
he added that the forum would help foster business innovation and entrepreneurship; building people-to-people ties; and responding to national challenges using ICT.
Similarly, the Executive Commissioner, Technical services, NCC, Ubale Maska, noted that the ICT sector had become the key driver of digital transformation and digital economy globally.
“We also appreciate the fact that the rapidly evolving communication technologies could become a means of bridging the digital divide and achieving the digital economy agenda, while ensuring ubiquitous connectivity and providing Nigerian consumers with a plethora of services that could change our economic lives for the better,” he said.
Maska, in his welcome address, posited that Nigeria is not left out in the emerging technology race.
According to him, the NCC is committed to ensuring that the selected ideas are incubated and handheld to the point of commercialisation.
“We have no doubt in our minds that homegrown innovations and solutions in ICT sector, would provide incommensurable benefits to the development of Nigeria with a multiplier effect on job and wealth creation across industries,” Maska added.
“It is our hope that this regulatory initiative, will serve as an inspiration and provide an avenue for the empowerment of the innovators who hold the key to unlocking the potential for local content development in the Nigerian ICT sector while striving towards the desired digital economy in Nigeria.”
During his presentation on business plan development, innovation commercialisation and Intellectual Property Protection, Prof. Francis Idachaba of the Department of Electrical & Information Engineering, Covenant University, Ota, Ogun State, emphasised that patents- enabled owners reap from the benefits of their ideas.
• L–R: Non-executive Director, Alpha Mead Development Company, Mrs Adetoun Akintunde; Chairman, Mutiu Sumonu; Group Managing Director, Mr Femi Akintunde; and Managing Director, Mr Damola Akindolire, during the opening of Lekki Pearl Estate in Lagos… recently. Photo: AMDC