msp1

This treatise attempts to proffer possibilities that abound by employing ICT to provide a safety net for vulnerable citizens of Nigeria. It starts by first looking at the Year 2016 Budget of the Federal Government of Nigeria (FGN) vis-a-vis the Nigerian Constitution; then attempts to explore what it means to be a vulnerable citizen today; the socio-political implications of this vulnerability; the international support obtained; finally the technology platforms that could be employed.

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u104

Growing up as a teenager in the late 80s there was always one thing I could never get enough of, computer games by Nintendo. I never got to actually use a computer until my second year in the university. Mine was the time when your first program was written on punch cards submitted to the University computing center and if you were lucky it came back without errors and gave you a passing grade. Not so for the young adults of today – digital natives as described by Marc Prensky in his 2001 article, “Digital Natives, Digital Immigrants”. You are the ones who, as early as two years old, already thought digitally, want to be served digitally, learnt digitally and basically prefer to live digitally; truly awesome!

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By BOGLO A.P.

Introduction

At the start of the year, it would be safe to say that many people were expecting it would be difficult; they were simply not expecting it to be this difficult. By difficult, if we start with the data offered by the National Bureau of Statistics and other such organisations, we mean the (1) first recession in many years; (2) inflation the highest in decades; (3) the loss of value of the nation’s currency; (4) the increase in job losses known and unknown; (5) lower revenues overall from tax, oil, customs and other revenue sources overall.

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PART TWO: MEASURED RATIONAL RESPONSE

From the foregoing, the first thing for most individuals and by extension businesses would do is to conserve cash - It is the lifeblood of any business, all things considered. Key steps would typically be to slash budgets across board to as much as reflected by the expected cut in receipts of government (i.e. 50%). The danger in this is that some areas vital to survival eventually get cut and inadvertently sends the business into a recession spiral. The preferred approach would be to take the advice of the Harvard Business Review that during a slow down progressive companies, combine three defensive and three offensive approaches

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PART THREE: KEY VALUE METRICS AND ENABLING TECHNOLOGIES 

From the previous section, it goes without saying that these proposals must provide some economic benefit/ value that can be measured. They are:

1.Return on Asset: every asset used to generate value for the business should be monetized. Monetization goes a step beyond accounting by offering these technology assets for consumption at a price. For example, banks could consider providing a platform for the hosting of various applications for small and medium enterprises; electronic commerce websites can create web spaces to host other shops using the same infrastructure they subscribe. Lastly, Telecommunication companies can sell location information to provide value-added services. If done right the return on the technology asset should increase.

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