Democratizing data will deepen broadband penetration in Nigeria – MD Vodacom Business

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Total communications solutions provider, Vodacom Business Nigeria recently received recognitions at the 10th Beacon of ICT awards. In this interview, Managing Director, Wale Odeyemi speaks on the brand’s contributions to the development of the country’s ICT industry and other issues. Excerpts

Could you take us through the contributions and offerings of Vodacom Business Nigeria in the country’s ICT space?

Vodacom Business is an ICT company in Nigeria. We offer total communications solutions (TCS) to enterprises – large, medium and small. The driving idea is to help build businesses that shape the growth of the Nigerian society. Vodacom Business drives societal transformation and it is very clear in our vision statement- we want to be a digital company that empowers a connected society. A connected society is a society where no individual is excluded from opportunities. We believe that everyone has value within the society. Wherever you live, whatever formal/economic strata that you belong to, you should be empowered to contribute to the society. As an example, we have a solution where we help to turn a subsistence farmer into a commercial farmer. If you have a plot of land in your village for instance, we can map that plot of land using geospatial technology. We can identify the kind of crops that will do well on the land and give you access to finance by providing an identity for the business. We can give you access to information and teach you precision farming techniques on the best range of farming approaches that you should use. We can give you access to market using the same solutions to sell your farm produce all over the world using our IoT solutions.

The brains behind Beacon of ICT awards have found Vodacom Business Nigeria worthy of some Read More...

‘Over N9bn investment in backward integration has made us attain market leadership’

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De United Food Industries Limited, Dufil , part of Tolaram Group came into noodles business in 1996 and today it controls over 50 percent of the market with about other 12 players. In this interview, Pawan Sharma, the CEO – Consumer Goods business, Tolaram – West Africa,  tells Daniel Obi the success factors of the group. He also spoke on the group’s acquisition of land in Edo State for palm oil plantation, acquisition of  Dangote and May and Baker noodles and other issues. Excerpts

Could you tell us about the journey towards your company’ backward integration?

We started this business in 1996 from first factory in Otta, Ogun State. Since then we have been in a lot of backward integration. As today we have 15 manufacturing plants in Nigeria. Out of these 15 factories, only three produce noodles and others are involved in backward integration activities producing packaging materials, refining crude palm oil, and flour. Earlier we used to buy these materials from third party. The recent step in this backward integration is going into palm plantation. Government is giving a lot of push in going into agriculture to reduce importation.

Today, some of us in Nigeria including other players  are importing the crude and refining it here and using it. Government is giving us a lot of support to put up plantation in the country to have our own crude oil rather than importing it. We have taken a large piece of land in Edo State to plant palm oil trees and government is helping in that direction in providing low interest loans from Bank of Industry for this purpose. Nigeria can go back to the old glory days of being the largest palm oil producer with the help of government if all Read More...