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Ibadan Data Scientists Set to Transform the City to Next Data Economic Hub in Southwest Nigeria – Report

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A newly released report has placed the largest city in South West Nigeria, Ibadan, as the next city that set to control the data economy in the region. The report which was released on Monday 28th December, 2020 by Infoprations Limited, Lagos, Nigeria is titled “Ibadan Data Economy and Emerging Data Scientists.”

According to Ajetunmobi Umar Olansile, Team Lead, Insights as a Service Unit of the company, “98% of the emerging data scientists believe that the city remains one of the cities in the South-West region that would continue to witness massive development in learning and use of data to solve numerous socioeconomic and political problems.”

Importantly, the report canvasses a coordination of skills and knowledge management between universities and industries. To effectively do that, “professional courses should be flexible and responsive, and training may need to be industry approved and accredited.”

In his foreword, Professor Ndubuisi Ekekwe, Lead Faculty Tekedia Institute, noted “In our universities and companies, we already know that data is the new oil. That should not end it, as only nations with the modern refineries of data systems would have the capacities to refine data. Our data efforts must not mimic the petroleum sector where the multinationals run the upstream leaving the (less lucrative) downstream for us. This book – Ibadan Data Economy and Emerging Data Scientists – examines this global redesign within Ibadan (Oyo State, Nigeria) by looking at the fundamental redesign of the economy, which is morphing into a Data Economy.

More so, the book 2 looks at how an amalgam of data scientists is seeding that economic transformation. The message is evident: data will play a significant role in the advancement of Ibadan, and deepening the capabilities through productive knowledge base, will be catalytic, not just for the city, but for Nigeria and Africa in general. Indeed, if Ibadan can make sense, and refine the numbers of Nigeria, a new aspirational trajectory would be created, and that can unlock new wealth vistas in the nation.”

Recounting his experience on the project, one of the co-founders of the data consulting company, Mutiu Iyanda Lasisi, says: “We discovered that some of the trained students and corporate learners (at AI Saturdays and Ibadan Artificial Intelligence Meetup Group) are already contributing to the growth and development of private businesses and public establishments in Ibadan. For example, CropsCash, an agri-tech startup company, is connecting farmers and their crops to the end purchasers through artificial intelligence based software. With the activities of players and artificial intelligence ecosystem, the city is no longer relying on Lagos’ data scientists before issues are solved and needs are catered for in the public and private sectors.”

The report can be downloaded through the following channels;

SlideShare here

Google Drive here

Issuu here

Register for Tekedia Mini-MBA (Feb 8 – May 3, 2021)

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Registration for 4th edition of Tekedia Mini-MBA (Feb 8 – May 3, 2021) continues. Tekedia Mini-MBA is an innovation management 12-week program, optimized for business execution & growth, with digital operational overlay. It runs 100% online. Register here 

 

Key 5 Trends That Will Shape Nigerian Facilities Management Industry in 2021

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Before 2020, many industry reports indicated that the Nigerian facilities management industry is growing at varying compound annual growth rate. Reports have also indicated that the industry cannot be immune from the impacts of global and national macroeconomic policies that would affect industries in 2021. As the year 2020 going to an end, our analyst examines the critical issues and needs that shape the industry in 2021.

One of the significant issues that players and professionals would not forget in 2020 is the emergence of Covid-19, which ravaged the world. The disease came at a time that captains of the industry and professionals are seeing some benefits of applying emergent strategies towards sustainable opportunities capturing and unlock the growth. In 2020, we have seen how the disease forced companies to redesign their processes and strategies. When the disease was hitting every sector and industry harder, our analyst noted that the players and professionals in the industry needed to make a number of critical shifts.

Intensify Social Distancing at Work and Public Places

Like what happened at the critical stage of the virus spread in 2020, people at the workplace and public places would be forced to observe social distancing in the first quarter of 2021. This will largely be connected with the new variant of the disease recently found in Osun State and other places. This is a big issue for facility managers who will manage soft and hard facilities including the critical ones, which cannot be left for hours without preventive maintenance strategies. Nigeria, like other countries where the disease is having impacting lives, has registered its interest in taking delivery of vaccines in early 2021. In this context, social distancing will be one of the significant measures. With this, social distancing is expected to be an issue for players, especially those that provide healthcare facilities management solutions. Both the players and professionals are expected to consider some strategies and protect people from contracting the disease.

Smart Processes, Execution and Monitoring

Significantly, Covid-19 changed the system thinking, process and execution approaches of many companies in 2020. As the second wave started in early December 2020, we expect more use of Internet of Things and remote control for project initiation and execution. We expect companies that have the capabilities and the needed resources to use technology driven applications for asset tagging, lighting. HVAC repair and maintenance, security, inventory management and equipment monitoring. We expect more operational disruption because the spread of the disease would force the government to make some critical decisions. In this regard, companies need to create superior processes towards the reduction of possible effects of the decisions.

More Innovative Solutions

In 2019 and 2020, Alpha Mead, Global Property and Facility Management International and some other players developed innovative solutions. These solutions have added value to the industry before the disease emerged. In 2021, these companies and emerging ones would develop new solutions and initiate projects with the intent of justifying their purpose of existence and increasing Nigeria’s recognition globally. Eliezer Workplace Management Limited, Green Facilities Limited, Global Property & Facilities International Limited, GreenKey Facility Management Services Limited and Principal Facilities that won various awards in 2020 are expected to justify the recognition bestowed on them by Business Day newspaper.

As Covid-19 Cases Surge, Nigeria Should Do All To Avoid Another Shutdown

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Nigerian leaders

Covid-19 cases in Nigeria are surging, and that is a very big problem. Looking at the state of the economy at the moment, another lockdown would be extremely challenging for the nation. Yet, you have human lives at risk. Personally, I will not vote for another shutdown (do not attack me for writing that, see this as a debate); the cascading impacts on a shutdown will trigger an avalanche of more unemployment, extended recession and higher level of insecurity.

My proposal would be the following:

  1. Get the National Orientation Agency (NOA) to do its job and make people take Covid-19 more seriously by wearing masks, practicing social distancing, etc. That messaging should reach religious bodies, companies, tribal leaders and the whole citizenry.
  1. Enforce the covid-19 safety protocols as documented by Nigeria’s center for disease control. Do this through monetary fines and be thorough on the execution of the framework.
  2. Encourage work from home where possible; this of course is theoretical as our telcos continue to underperform on providing reliable internet services. But yet, push and encourage that as any effort helps.
  3. Safely guard the international airports. The news that Nigeria has suspended 100 passports of people who arrived from abroad, but refused to do the follow-up covid-19 tests, while extreme, should be a lesson. If that is what the playbook says, we need to enforce everything.

Sure, we can “lockdown” some sectors like sports, nightclubs and some activities which bring many people together at scale in restricted spaces. But apart from those, Nigeria needs to do all to avoid another shutdown.

Fundraising via Grants, DFIs, and Governments – Victoria Madedor, Bank of Industry ITC

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In this Tekedia Live, Victoria Madedor,  of Bank of Industry ITC, discusses fundraising via the paths of grants, development finance institutions (DFIs), and governments. The topic is Fundraising via Grants, DFIs, and Governments.

As we welcome Tekedia Mini-MBA new class, in Feb 2021, we are creating a more streamlined system which will help members discover conversational contents in close to 200 videos in our archives.

Those videos cover any topic in modern commerce and industry, from industry veterans, practicing in five continents. We will be sharing some of these videos during the holidays in case you have free time to listen.

But the full archives will be here – https://school.tekedia.com/ . These are not our courses but webinars during live sessions in our programs.

Updated: video moved to archive in school.tekedia.com. Go there and watch.