FEATURES

FEATURES

Dyna.Ai, a global leader in AI-as-a-Service (AIaaS), has launched its operations in Nigeria with an exclusive closed-door ‘Nigeria Dyna Day’ event in Lagos, which saw the introduction and orientation of its suite of AI-powered products and solutions to Nigeria’s emerging financial ecosystem.

 

The event, tagged ‘Nigeria Dyna Day’ and themed “AI Unleashed: Revolutionising Nigeria’s Financial Future,” brought together leading voices from the country’s AI, financial, fintech, telecom, and other key sectors, including representatives from government agencies and major enterprises.

In his opening remarks, the Chairman and Co-President of Dyna.Ai, Tomas Skoumal, emphasized the strategic importance of Nigeria and the broader African market, stating, “For us, it makes sense to start in Nigeria.

There is no bigger country in Africa—this is where the momentum is.” He noted that Africa is no longer just “the future,” but is actively transforming today, driven by rapid digitalization and fintech innovation. “This is the perfect time to be here,” he added, highlighting that Dyna.Ai sees technology as a vital bridge to financial inclusion and long-term growth across the region.

 

Skoumal introduced Dyna.Ai’s advanced Agentic AI solutions, including its proprietary Agent Studio and industry-specific language models, designed to power intelligent automation across customer service, marketing, collections, HR and more. He also underscored the company’s long-term ambition to invest in local talent, stating, “We’re not just here to sell a product—we’re here to build infrastructure, create local jobs, and scale innovation from Nigeria to the rest of Africa.”

Dyna.Ai also showcased its advanced AI technologies at the event, including AvatarGPT, an AI digital human delivering interactive experiences; VoiceGPT, a voice agent featuring authentic local accents for seamless communication in Yoruba, Hausa, and Igbo; along with live demonstrations showing how these innovations empower customer engagement and employee experience.

Delivering the keynote address at the event, Tokoni Peter Igoin, Special Assistant to the President on ICT Development and Digital Innovation, underscored the Federal Government’s vision for a secure and forward-thinking digital ecosystem.

“The government of the Federal Republic of Nigeria, under the visionary leadership of His Excellency, President Bola Ahmed Tinubu, is fully committed to responsible innovation. Our approach to AI and financial technology is rooted in a positive framework. It encourages creativity while ensuring transparency, data protection, and digital security”, he said

Also in his remarks, the Lagos State Commissioner of Innovation, Science and Technology, Olatunbosun Alake gave insights from the government/regulatory perspective. He announced that the Lagos State government is also taking steps towards the wide adoption and regulation of artificial intelligence in the state with the planned release of the first AI guidelines for the deployment and management of AI in the coming weeks.

[Leadership]

 

 

 

Former Vice President Atiku Abubakar has accused the current administration of deliberately using poverty as a political weapon, claiming that economic hardship is being manipulated to control and suppress the population.

Atiku spoke on Saturday in Abuja during the 60th birthday lecture of former Rivers State Governor, Rotimi Amaechi, themed “Weaponising Poverty in Nigeria.”

“This particular government is weaponising poverty,” Atiku declared.

He emphasised this by recounting his early years.

 
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He added, “When I was growing up in the north, the most prosperous city or state was Kano State.

“As soon as I finished secondary school, my first location was Kano State. I never saw people sleeping outside. Then there were no bridges or flyovers.”

He continued, painting an ugly picture of present-day Kano, “Recently, people were all over the state sleeping under the bridge, on the streets, who were driven out by poverty and insecurity. There is a state agency in Kano responsible for providing support to such people. And they started doing their work and enlightening people and removing people from under the bridges and outside on the streets. 

“They were called to Abuja and they were told to stop it.”

Atiku expressed determination to resist this trend.

“You may call me a conspirator, you may call me anything, and that is why we are in this alliance to make sure we don’t allow them to continue weaponising poverty. Of course, one of our star conspirators is Rotimi Amaechi.

“We will continue to conspire with you to make sure we minimise poverty and we don’t use state machinery to weaponise poverty,” he said.

Also speaking, Former Kaduna State Governor, Nasir El-Rufai, described the current situation as the biggest trouble Nigeria has ever been in.

“Nigeria is in its biggest trouble since 1914. We are together working, conspiring to build a coalition to take Nigeria back on track because it is off track,” he said.

However, El-Rufai offered a nuanced take on Atiku’s claim, saying, “Many people have spoken about weaponisation of poverty and whether politicians are deliberately using poverty as a weapon. I don’t think so. Poverty weaponises itself if allowed to exist and fester. That’s what has happened in Nigeria.

 

“I don’t think politicians are that smart to even sit and weaponise poverty.”

El-Rufai placed the blame on the country’s repeated selection of unfit leaders.

“We just get incompetent people and we hand over leadership to them.

“They don’t know what to do. Most of them don’t really know what to do. They just know how to grab power but don’t know what to do with it,” he said.

He called on Nigerians to change course in the next general elections, saying, “Wherever you see islands of progress in Nigeria, it is because a competent person has been given the opportunity to serve.

“What we have done in this country is to allow bandits, not the ones in the bushes, the urban bandits to take over the governance of our country.

“The key challenge for Nigerians in 2027 is really to look at those that are offering themselves for leadership and pick those that have the competence, capability, capacity, and commitment to make Nigeria move forward.”

 

However, Amaechi noted that Nigerian leaders are not the root of the problems.

“Nigerian leaders and elites are not the problems of Nigeria. The problem of Nigeria is the followership.

“No Nigerian leader cares for you. And the reason why no Nigerian leader cares for you is because you will do nothing,” he said.

He also recalled the aftermath of citizen protests.

“You protested. At the end of the protest, the president announced an increase in the price of fuel because you will do nothing,” he added.

Frustrated with the nation’s stagnation and seeming apathy, Amaechi said, “We don’t want to move the country forward. If you’re not ashamed, I’m ashamed.”

He concluded with a question: “I look at Nigeria and I ask myself, what are we actually doing here? Do we really want to be a country?”

Senate President Godswill Akpabio has advised second-term governors to be circumspect in selecting their successors.

According to the Senate president, governors who settle for successors simply because they kneel before them might be setting themselves up for betrayal when they finally leave office.

The ex-Akwa Ibom Governor stated this on Saturday at the commissioning of the Lagos-Calabar Coastal Highway’s first 30 kilometres in the Lekki area.

Akpabio stressed the place of vision in leadership, urging second-term governors, especially those in the All Progressives Congress, to prioritise visionary leadership over patronising loyalty. 

 

The event was attended by President Bola Tinubu, Works Minister Dave Umahi, as well as second-term governors including Hope Uzodimma (Imo), Dapo Abiodun (Ogun), and Babajide Sanwo-Olu (Lagos).

Akpabio said, “We have a president who has both sight and vision. And this, for me, is something I must advise our governors, particularly those of them who are in their second term. Do not give power to anybody who is not looking for power.

 

“Don’t give power to anybody who is not prepared. Don’t go hiding in your heart that this boy is very subservient; he is always kneeling when he is talking to me, and his wife is always rolling on the floor. I think I should make this one the governor.

 

“If you do that, you are giving power to somebody who is not prepared for governance, and they will disappoint you. This is where betrayals normally start. I am just trying to give some advice.

“For the progressive governors, I believe that all of you are doing well because you are being led by a man who has both sight and vision.”

In a country where the culture of godfatherism pockmarks the political space, outgoing governors often seek to influence who becomes their successors, a move that critics and commentators have lampooned as extended power control by former governors who try to rule their states by proxy through cronies and loyalists after serving their constitutionally allowed term limit of eight years.

Some former governors have succeeded in planting their loyalists in power, but such political romance doesn’t last long in some cases, as embarrassing fallouts have been recorded between serving governors planted by their predecessors, usually their party men.

Rotimi Amaechi, the former Minister of Transportation, has revealed that he once told President Bola Tinubu that he will never work with him.

Amaechi said he decided never to work or vote for Tinubu because the President lacked the capacity to govern Nigeria.

He disclosed this during an event to mark his 60th birthday in Abuja on Saturday.

Amaechi said: “I told Tinubu in Yola, I will not support you; I will not work for you. I did not work for him; I did not vote for him. It was the issue of capacity.

“Some of us who are here are also those who vote on an ethnic or religious basis. Innocent, uneducated people are manipulated to vote based on ethnicity and religion — that’s why we are here.

“When we leave here, we go to plot to go and grab power; no Nigerian leader cares for you.

“You that voted Muslim/Muslim ticket, let the Muslim market come out now. For us in opposition, if you want us to remove this man, we can remove this man from power.

“We want to submit to the opposition if the opposition will take us out of this problem.

“They are weaponising poverty by stealing the money they should have used to build hospitals and schools.

“The benefit of the fuel subsidy removal is in their pockets.”

The Economic and Financial Crimes Commission (EFCC) has leveled new charges against former Central Bank Governor Godwin Emefiele, accusing him of stealing and illegally acquiring 753 housing units at Plot 109, Cadastral Zone C09, Lokogoma District, Abuja.

The anti-graft agency, in the eight new counts filed at the High Court of the Federal Capital Territory, Abuja, accused Emefiele of also holding possession of billions of naira in proxy accounts while serving as the Central Bank of Nigeria’s governor.

According to the EFCC, Emefiele allegedly conspired with Eric Ocheme, who is reportedly on the run, to acquire the properties in August 2021.

The EFCC, in the new charges, alleged that between January and December 2019, Emefiele had N167 million in a proxy account with Zenith Bank in Abuja.

According to the prosecutors, the sum is reasonably suspected to have been unlawfully obtained.

The EFCC further alleged that between January and December 2020, Emefiele and his co-conspirator, Ocheme, held N1.23 billion domiciled in Kelvito Integrated Services’ bank account.

In count five of the charges, EFCC said between January and December 2022, Mr Emefiele and his conspirator knowingly had under control the total sum of N1.98 billion domiciled in Kelvito Integrated Services’ account No: 1016232915 domiciled with Zenith Bank Plc, which sum is reasonably suspected to have been unlawfully obtained.

The Commission also stated that the former CBN Governor allegedly had ₦900 million in Ifedigo Integrated Services’ account No. 1210750237, domiciled with Zenith Bank Plc, which sum is reasonably suspected to have been unlawfully obtained.

The EFCC further alleged that Mr Emefiele kept N600 million in an account, No. 1210750237, domiciled with Zenith Bank Plc, at Ifedigo Integrated Services.

“The sum is reasonably suspected to have been unlawfully obtained,” the commission said.

The EFCC had earlier obtained a court order to seize the entire estate and handed it over to the federal government last week.

However, Emefiele approached the Court of Appeal in Abuja, praying that it set aside the judgment granting the government full control of the estate in Abuja, comprising 753 housing units.

Minister of Humanitarian Affairs and Poverty Reduction, Nentawe Yilwatda, has revealed that the federal government is leveraging artificial intelligence (AI) to identify impoverished Nigerians living in urban slums.

Speaking on Arise TV Prime Time programme on Friday, the minister said AI has enabled the expansion of the national social register.

He added that the register, which initially targeted only the rural poor, has grown from 13 million to 19.7 million people.

“To help someone, you must first know them. You can’t support people you can’t identify. That’s why we started by validating the social register,” 
Yilwatda said.

“The president ordered that we include the urban poor as well. We used satellite imagery to locate urban slums, then base stations and telecoms data to identify phone numbers in those locations.

“AI helped us generate a list of urban poor individuals by verifying those numbers, their access to financial services, and other indicators.

“So now, the updated social register covers both rural and urban communities, making it more inclusive and reliable.”


The minister said the federal government is targeting 15 million households — about 75 million individuals — with its anti-poverty programmes.

“Nigeria has around 43 million households. We’re targeting 15 million with these interventions. Multiply that by an average household size of five, and we’re reaching about 75 million people,”
 Yilwatda said. 

The minister added that government is providing conditional cash transfers to food-poor households as part of its multidimensional poverty reduction efforts.

“We need to differentiate between food poverty and multidimensional poverty. Multidimensional poverty includes a lack of access to education, clean water, healthcare, and financial services. Food poverty, which focuses solely on access to sufficient food, affects roughly 42% of the population,”
 he said.

“If you take 42% of 200 million, that’s about 80 million people. Divide that by an average household size of five, and you have roughly 20 million households affected.

“The federal government is targeting 15 million of them. That means over 75% of the food-poor population is being covered through conditional cash transfers.”


He said each household receives N75,000, which may seem small in urban areas but has a significant impact in rural communities.

“I know 75,000 might seem insignificant to someone living in the city. But in rural areas, it makes a difference,”
 he added. 

“We conducted a joint research project with the World Bank and some civil society organisations. It showed that up to 18% of recipients were able to start nano or small-scale businesses with that money.


“About 82% used the funds to improve food security. And 52% were able to pay school fees for their children.

“So, while this is not their sole source of income, it is a meaningful supplement that helps cushion the impact of poverty.”


Yilwatda said the federal government has also introduced a range of structural measures to tackle poverty and food insecurity.

“The cost of food this year has stabilised, and food inflation has reduced. The government has introduced several measures to address this,”
 he said. 

“For example, student scholarships have been offered to ensure that those who have fallen below the poverty line can still access education.

“The government has also made N1.5 trillion available through the aggregate bank for farmers. This will allow them to access loan schemes, boost agricultural production, and enhance food security.”


The minister said past efforts focused mainly on humanitarian aid, but the current administration is pivoting towards long-term poverty eradication.

“Poverty alleviation reduces the pain; poverty reduction moves people out of poverty entirely,”
 he said.

“Until now, the focus was mainly on humanitarian interventions — relief materials, food distribution, and cash transfers. But that’s not enough. We’re shifting towards actually reducing poverty.”

Last modified on Saturday, 31 May 2025 19:38

The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in the pump price of Premium Motor Spirit (PMS), commonly known as petrol.

A Daily Post reporter who went round NNPCL filling stations at Kubwa Expressway, Central Business District, and Wuse Zone 4, Abuja, on Saturday gathered that the state-owned oil firm has slashed its petrol price to N895 per litre from N910. This showed that NNPCL reduced its fuel pump by N15.

Reacting to the petrol price cut, a motorist, Muhammad Ibrahim, said the development is expected as it would avail Nigerians more competitive prices.

“It is long expected because other filling stations have reduced their petrol prices,” he told Daily Post.

The latest NNPCL retail price drop comes days after Dangote Refinery and its partners slashed their fuel price to N875 and N895 in Lagos and Abuja.

Other filling stations had reduced their petrol pump prices to between N900 and N910 per litre.

Earlier, the spokesperson of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, said marketers are now competing favourably with NNPCL following the liberalisation of the country’s downstream oil and gas sector.

He further noted that NNPCL is encouraging monopoly over controversies surrounding the rehabilitation of Port Harcourt, Warri and Kaduna refineries.

Retired employees from the defunct NITEL-MTEL under the Defined Benefits Scheme (DBS) yesterday demanded payment of 35 months of pension arrears.

 

Organised under the Progressive NITEL-MTEL Pensioners Forum, the retirees also lamented prolonged neglect and exclusion from critical federal pension entitlements.

The group, at a briefing in Abuja, said NITEL-MTEL pensioners are the only class of retirees from defunct federal agencies yet to be paid their outstanding entitlements.

They cited comparative figures showing that other defunct agencies such as the New Nigerian Newspapers (219 months paid), Nigeria Reinsurance Corporation (136 months paid) and NICON Insurance (100 months paid), have all received full payment.

The pensioners say they have also been unjustly excluded from key federal pension benefits, including; the N32,000 monthly pension increase approved by President Bola Tinubu for all DBS pensioners, the 20 percent and 28 percent consequential pension adjustments linked to the 2019 minimum wage review.

 

They also decried exclusion from a balance of 32 months from the 12.95 percent pension adjustment, which other DBS pensioners received.

Comrade Auston Ifedinezi, who spoke on behalf of the group said, “This level of exclusion and neglect is unjust, inhumane and a clear violation of the principle of equal treatment under the same pension system, we are not asking for charity, we are demanding our lawful rights as senior citizens who served Nigeria faithfully.

Many of our members are elderly, ailing or deceased, yet their next of kin remain unpaid.”

The pensioners called on President Tinubu to intervene directly, urging the Ministry of Finance, Pension Transitional Arrangement Directorate (PTAD), National Assembly and other relevant agencies to harmonise and fast-track their entitlements.

The Emir of Kano and former Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, has said he got to know what poverty truly is when he mounted the throne. 

Sanusi said this in a goodwill message at a public lecture with the theme: “Weaponization of poverty as a means of underdevelopment: A case study of Nigeria,” commemorating the 60th birthday celebration of former Rivers State Governor, Rotimi Amaechi, in Abuja, on Saturday. 

The former CBN Governor said, “Many of the elite in Nigeria do not know what poverty is. As an economist, former CBN Governor, I see the numbers. I did not know poverty until I became Emir.

“And you go to the village and see the water they drink, the houses they live in, they two block classrooms without roofs.

“Do we actually love the people or do we just love ruling over them? What are our priorities. We make overheads and underpasses for ourselves in the cities while there in the rural areas cannot reach hospitals. We are in crisis, how do we get out should be our focus.”

Sanusi charged those saddled with the responsibility of leadership to inculcate the virtues of empathy with those they’ve been given a responsibility to lead.

Also speaking at the event, former Kaduna State Governor Nasir El-Rufai expressed concern that Nigerians kept repeating the same mistake of electing the worst among us into leadership positions.

According to him, “We keep electing people who only know how to grab power but don’t know what to do with it.”

A former Executive Secretary of the National Health Insurance Scheme, Prof. Usman Yusuf, in his intervention, explained that most of the cases being handled in hospitals were not medical.

 

Yusuf blamed corruption and bad governance for the multidimensional poverty in Nigeria. He said unless citizens live up to their responsibilities and vote for what is right.

Muyiwa Awoniyi, the manager of Grammy-winning Nigerian singer, Temilade Openiyi, popularly known as Tems, has revealed that the singer wasn’t financially buoyant when they first met.

Featuring a recent episode of the Afrobeats Intelligence podcast, Awoniyi recalled that the singer had only N200 in her bank account during their first encounter.

He explained that despite Tems’ financial status, she was determined and dedicated, which made him agree to work with her. 

He said, “There was something Tems did that made me say, ‘I don’t want to do a managerial contract with you, let’s do a company.’

“When she asked me to be her manager, I agreed and said I would send her a contact to sign. We had already verbally agreed for everything. You know when you present paperwork for artists to sign, it’s always tricky. But she was chasing me to sign my own part. And I have never experienced that before.
“I was like, ‘You don’t mind signing paperwork? Hold on, let’s not do this. You’re someone I can rock with for life. Let’s start a company.’ Prior to this, Tems and I were friends for about three months and we never spoke about working together.

“Back then when I was doing my podcast, she would just be sitting down while me and my cousin are talking.

“Then obviously, she wasn’t financially buoyant in any capacity. When I met Tems, she only had like 200 Naira in her account. And then I had a production company.

“So, if I had money, I would buy food. Another thing that shocked me was that even though she didn’t have money, she will order food for us. She didn’t even have a way of earning. So, I just realised that she is different from everyone I have seen in Nigeria.”

Last modified on Saturday, 31 May 2025 14:07