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Lagos computer village set for relocation to N40bn ICT Business Park

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Coalition of Association in Computer Village, CACOVI, has launched the relocation campaign of the Computer Village to the N40billion Information and Communications Technology, ICT, Business Park at Katangowa, Lagos.

The ceremony which began on Wednesday was in conjunction with Sterling Alternative Finance, Bridgeways, and Lagos state government.

Timi Famoroti, President, CACOVI, said that the inauguration was to create awareness on the reality of the relocation of Computer Village to the new ICT Business Park.

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Mr Famoroti said that Cocavi members had agreed to move to a more conducive environment free of any intimidation, harassment and aggression.

According to him, we deserve an international market such as the ICT park which will give members the opportunity to own their shops.

“To the members, it is an investment and an opportunity to fly.

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“This project happening now is not without challenges but as leaders we are determined to give our members a very conducive environment for business.’’

Also speaking at the event, Ifeanyi Akubue, President, Phone and Allied Products Dealers Association, PAPDA, said that members were ready to relocate but the financial muscle was the challenge.

Mr Akubue said that the Association’s leadership had decided that a bank be brought in for members to be able to have access to funds to finance their relocation.

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He said that there was need for members to work with the leaders of Computer village so as to have access to fund from the bank which would run for seven years.

According to him, the association has taken into consideration all the needs before agreeing to the relocation especially with the state government’s support.

“We are convinced that Lagos state is supporting the project and we have been to the project site.

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“We told our members that plans are underway to carry everyone along and there is an opportunity for everybody to get involved even with as low as N1 million.

President, Association of Mobile Communications Device Technicians, AMCODET, Kehinde Apara, said that the technician were the livestream of the ICT Business Park and as such eager to be a part.

Mr Apara said that the event was an assurance of the reality of the project after so many years of speculation.

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Also speaking, the Chief Executive Officer, Bridgeways Global Project Limited, Jimmy Onyemenam, said that the relocation of Computer Village had been on for several years.

Mr Onyemenam said that the event was to create more awareness of the reality of the relocation of Computer village.

He said that there was need for the launch because since the construction started the associations at Computer village and businesses were not officially informed that works had started on the site.

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“Also the main reason for the launch is to create further awareness and create further insight that it is affordable because of Sterling bank’s alternative finance is providing funding for those who cannot afford it.

“The bank is ready to provide funding for the traders to pay back within seven years; it is more or less like a lease to own shop,’’ he said.

Our correspondent reports that 15 hectares expanse of land located at the Agbado Oke-Odo CDA in Alimosho has been earmarked by the Lagos state government.

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Our correspondent also reports that the project was initiated in 2006-2007 by Bola Tinubu and inaugurated in 2019 by Governor Babajide Sanwo-Olu.

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Noble Ladies Champion Women’s Financial Independence at Grand Inauguration in Abuja

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Women from diverse backgrounds across Nigeria and beyond gathered at the Art and Culture Auditorium, Abuja, for the inauguration and convention of the Noble Ladies Association. The event, led by the association’s Founder and “visionary and polished Queen Mother,” Mrs. Margaret Chigozie Mkpuma, was a colourful display of feminine elegance, empowerment, and ambition.

The highly anticipated gathering, attended by over 700 members and counting, reflected the association’s mission to help women realise their potential while shifting mindsets away from dependency and over-glamorization of the ‘white collar job.’ According to the group, progress can be better achieved through innovation and creativity. “When a woman is able to earn and blossom on her own she has no reason to look at herself as a second fiddle,” the association stated.

One of the association’s standout initiatives is its women-only investment platform, which currently offers a minimum entry of ₦100,000 with a return of ₦130,000 over 30 days—an interest rate of 30 percent. Some members invest as much as ₦1 million, enjoying the same return rate. Mrs. Mkpuma explained that the scheme focuses on women because “women bear the greater brunt of poverty” and the platform seeks “to offer equity in the absence of economic equality.”

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Education is also central to the Noble Ladies’ mission, regardless of age. Their mantra, “start again from where you stopped,” encourages women to return to school or upgrade their skills at any stage in life. The association believes that financial stability is vital in protecting women from cultural practices that dispossess widows of their late husbands’ assets, while also enabling them to raise morally and socially grounded families.

Founded on the vision of enhancing women’s skills and achieving financial stability, the association rests on a value system that discourages pity and promotes purpose. “You have a purpose and you build on that purpose to achieve great potentials and emancipation,” Mrs. Mkpuma said.

A criminologist by training and entrepreneur by practice, she cautions against idleness while waiting for formal employment. “There are billions in the informal and non-formal sectors waiting to be made,” she said, rejecting the “new normal of begging” and urging people to “be more introspective to find their purpose in life and hold on to it.”

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Mrs. Mkpuma’s management style keeps members actively engaged, focusing on vocational skills and training to prepare them for competitive markets. She is exploring “innovative integration of uncommon technologies” and is already in talks with international franchises to invest in Nigeria, with Noble Ladies as first beneficiaries.

The association’s core values include mutual respect, innovation, forward-thinking, equal opportunity, and financial emancipation. With plans underway to establish a secretariat in the heart of Abuja, the group aims to expand its impact.

The event drew high-profile guests, including former Inspector General of Police, Mike Okiro, and a host of VIPs, marking a significant milestone in the association’s drive for women’s empowerment.

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NEPZA, FCT agree to create world-class FTZ environment

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NEPZA, FCT agree to create world-class FTZ environment

The Nigeria Export Processing Zones Authority (NEPZA) has stepped in to resolve the dispute between the Federal Capital Territory Administration and the Abuja Technology Village (ATV), a licensed Free Trade Zone, over the potential revocation of the zone’s land title.
Dr. Olufemi Ogunyemi, the Managing Director of NEPZA, urged ATV operators and investors to withdraw the lawsuit filed against the FCT administration immediately to facilitate a roundtable negotiation.
Dr. Ogunyemi delivered the charge during a courtesy visit to the Minister of the Federal Capital Territory, Barrister Nyesom Wike, on Thursday in Abuja.
You will recall that the ATV operators responded to the revocation notice issued by the FCT administration with a lawsuit.
Dr. Ogunyemi stated that the continued support for the growth of the Free Trade Zones Scheme would benefit the nation’s economy and the FCT’s development, emphasizing that the FCT administration recognized the scheme’s potential to accelerate industrialisation.
Dr. Ogunyemi, also the Chief Executive Officer of NEPZA, expressed his delight at the steps taken by the FCT minister to expand the economic frontier of the FCT through the proposed Abuja City Walk (ACW) project.
Dr. Ogunyemi further explained that the Authority was preparing to assess all the 63 licensed Free Trade Zones across the country with the view to vetting their functionality and contributions to the nation’s Foreign Direct Investment and export drives.
“I have come to discuss with His Excellency, the Minister of the Federal Capital Territory on the importance of supporting the ATV to succeed while also promoting the development of the Abuja City Walk project. We must work together to achieve this for the good of our nation,” he said.
On his part, the FCT Minister reiterated his unflinching determination to work towards President Bola Ahmed Tinubu’s Renewed Hope Agenda by bringing FDI to the FCT.
“We must fulfil Mr. President’s promises regarding industrialization, trade, and investment. In this context, the FCT will collaborate with NEPZA to review the future of ATV, a zone that was sponsored and supported by the FCT administration,” Wike said.
Barrister Wike also said that efforts were underway to fast-track the industrialisation process of the territory with the construction of the Abuja City Walk.
The minister further said the Abuja City Walk project was planned to cover over 200 hectares in the Abuja Technology Village corridor along Airport Road.
According to him, the business ecosystem aimed to create a lively, mixed-use urban center with residential, commercial, retail, hospitality, medical, and institutional facilities.
He added that the ACW would turn out to be a high-definition and world-class project that would give this administration’s Renewed Hope Agenda true meaning in the North-Central Region of the country.
Barrister Wike also indicated his continued pursuit of land and property owners who failed to fulfil their obligations to the FCT in his determination to develop the territory.

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Benue IDPs block highway, demand return to ancestral homes

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Vehicular movement along the Yelwata axis of the Benue–Nasarawa highway was brought to a standstill on Wednesday as Internally Displaced Persons, IDPs, staged a protest, demanding immediate return to their ancestral homes.

The protesters, believed to be victims of persistent attacks by suspected herdsmen, blocked both lanes of the busy highway for several hours, chanting “We want to go back home”.

The protest caused disruption, leaving hundreds of motorists and passengers stranded.

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Eyewitnesses said the displaced persons, many of whom have spent years in overcrowded IDP camps, are expressing deep frustration over the government’s delay in restoring security to their communities.

“We have suffered enough. We want to return to our homes and farms,” one of the protesters told reporters at the scene.

Security personnel were reportedly deployed to monitor the situation and prevent any escalation, though tensions remained high as of press time.

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Efforts to reach the Benue State Emergency Management Agency, SEMA, and other relevant authorities for comment were unsuccessful.

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