Adewale Peter Obadare – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Thu, 29 May 2025 18:07:33 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Adewale Peter Obadare – Tech | Business | Economy https://techeconomy.ng 32 32 ABoICT 2025: Experts Warn ‘Digital Disaster Risks in Nigeria without AI Governance’ https://techeconomy.ng/experts-warn-digital-disaster-risks-in-nigeria-without-ai-governance/ https://techeconomy.ng/experts-warn-digital-disaster-risks-in-nigeria-without-ai-governance/#respond Thu, 29 May 2025 18:07:33 +0000 https://techeconomy.ng/?p=159730 As artificial intelligence (AI) continues to transform the global digital landscape, two prominent technology leaders have issued urgent warnings and strategic calls for Nigeria and Africa to adopt a unified, governance-driven approach to AI development, emphasizing that trust, regulation, and cybersecurity are more important than ever.

At the 2025 Africa’s Beacon of ICT Merit & Leadership Award (ABoICT 2025), held over the weekend in Lagos, Professor Adewale Peter Obadare, Chief Visionary Officer of Digital Encode, and Amrich Singhal, Chief Operating Officer of Spectranet, independently but powerfully echoed the same sentiment: AI without governance is a ticking time bomb.

Delivering his keynote on “AI Governance, Standardization and Cybersecurity in the AI Era,” Prof. Obadare warned against the rising trend of “AI washing”—where companies label basic software or services as “AI” to capitalize on hype, often without the underlying technological integrity or oversight.

“People are calling everything AI today, from photography apps to basic automation, but no one is talking about AI governance,” he said.

Drawing comparisons to the early days of the internet, Obadare cautioned that failing to integrate security and governance into AI architecture could lead to far-reaching consequences. “We are repeating the same mistake we made with TCP/IP, which was not built with cybersecurity in mind. We cannot afford to make that error again.”

He emphasized that governance should not be seen as a hindrance but as an enabler of safe innovation. “Governance is not a brake to stop movement; it is a brake to make movement safe,” he said.

Citing international standards like ISO/IEC 42001 and ISO/IEC 38507, Obadare called for responsible innovation grounded in clear ethical guidelines, stressing the importance of securing the core components of AI: data, models, and infrastructure.

Echoing similar concerns at ABoICT 2025, Amrich Singhal, chief operating officer, Spectranet in his presentation themed “Responsible AI and Nigeria: Balancing Innovation, Regulation, and Cybersecurity,” stressed that “the countries that will benefit most from AI are not necessarily those with the most powerful models, but those with the most trusted systems.”

Singhal painted AI as a double-edged sword, capable of boosting national productivity while also enabling new forms of cyber manipulation—from deepfakes to identity theft and disinformation. “AI can clone voices, create fake personas, and even undermine democracy. It’s no longer a question of readiness, it’s a question of urgency,” he declared.

He acknowledged Nigeria’s potential due to its youthful, tech-savvy population and its expanding use of AI across sectors like healthcare, agriculture, education, and oil exploration.

However, he criticized existing regulatory structures such as the Nigeria Data Protection Regulation (NDPR) and NITDA’s 2023 draft AI framework as being “underdeveloped, underfunded, and poorly enforced.”

Both experts called for a multi-stakeholder approach to AI governance. Prof. Obadare warned of real-world failures, such as Microsoft’s racist chatbot Tay, Amazon’s gender-biased recruitment AI, and Uber’s fatal autonomous vehicle incident, not as tech failures, but as governance failures.

He also cited cybersecurity breaches, including the 2023 hacking of OpenAI’s ChatGPT and the leak of DeepSeek’s API keys and user data on launch day, to stress that “the danger is not just in the algorithms, but in how we design and deploy them.”

Singhal proposed a three-tiered strategy to build Nigeria’s AI resilience: government must champion AI education, create safe innovation sandboxes, and enforce data laws; private companies must adopt ethical and secure design practices; and civil society must raise awareness of digital rights and AI risks—especially for vulnerable populations.

In a firm conclusion, Prof. Obadare urged that “governance must be embedded by design,” warning that irresponsible innovation has already proven costly and called on both developers and policymakers to act before Nigeria’s AI future becomes a liability rather than a strength.

Meanwhile, Singhal closed with a stark challenge: “AI is already here. The question is not whether to use it, but how. Nigeria must choose whether AI will be a great equalizer or its greatest vulnerability.”

As the nation moves deeper into the AI era, the message is clear: building trust, enforcing cybersecurity, and embedding responsible governance must be at the core of Nigeria’s AI journey, before it’s too late.

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Digital Encode Cofounders Awarded BusinessDay Lifetime Achievement Award https://techeconomy.ng/digital-encode-cofounders-awarded-businessday-lifetime-achievement-award/ https://techeconomy.ng/digital-encode-cofounders-awarded-businessday-lifetime-achievement-award/#respond Wed, 28 Dec 2022 21:14:26 +0000 https://techeconomy.ng/?p=92329
  • Harvest of awards for Digital Encode at BusinessDay Leadership Award 2022
  • Digital Encode Limited’s Co-founders – Dr. Adewale Peter Obadare and Dr. Oluseyi Akindeinde – have been honoured with Lifetime Achievement Award by BusinessDay Newspapers.

    At the Nigerian Business Leadership Awards, organized by BusinessDay Newspaper held in Lagos on December 03, 2022, the co-founders, with many laurels in the bag, received industry-wide accolades for their outstanding contribution to the growth of information security industry and Cybersecurity Awareness in Nigeria and Africa in general.

    The company, Digital Encode Limited, was also awarded the Cybersecurity and Compliance Management Company of the Year.

    Since its launch over 19 years ago, Digital Encode has been helping companies to save money and solve their technology problems.

    To this end, the company has been recognized in the industry for its vendor independent perspective and expertise that lies in solving multifaceted, complex enterprise network security and audit problems.

    Today, Digital Encode is notable for its effective and successful methodology for achieving compliance to ISO 27001 (IMS); ISO 20000 (ITIL), ISO 22301 (BCM), ISO 9001 (QMS) and several other international compliance standards such as COBIT and PCI DSS compliance.

    Digital Encode Cofounders win BusinessDay award

    On their joint Lifetime Achievement Award, Dr. Obadare Peter Adewale is arguably the most “Credentialed” and Multi-Award winning Pan- African Cybersecurity & GRC Thought Leader, He is a Fellow British Computer Society (FBCS), Fellow Institute of Management Consultants (FIMC), Fellow Institute of Information Management (FIIM), Fellow Enterprise Security Risk Management (FESRM), Fellow Institute of Brand Management (FIBM), Chartered Information Technology Professional (CITP), The First PECB Certified Data Protection Officer (CDPO) in Nigeria, The First Ec-Council Licensed Penetration Tester (LPT) in Africa, First Ec-Council Certified Blockchain in Africa, and Second COBIT 5 Certified Assessor in Africa Payment Card Industry Data Security Standard Qualified Security Assessor (PCI DSS QSA).

    He is a seasoned cybersecurity Expert and GRC Technopreneur with over 50 (Fifty) international professional certifications to his credit and was awarded Honorary Doctorate Degree in Cybersecurity from Trinity International University of Ambassadors Atlanta Georgia, United State of America.

    Digital Encode Cofounders win BusinessDay award

    Also, Dr. Oluseyi Akindeinde has 20 years working experience in the IT and Information Security arena, but has spent the better part of the last few years exploring the security issues faced by Electronic Fund Transfer (EFT) and the Financial Transaction Systems (FTS).

    He has mostly presented the outcome of his research works at several conferences; including the Information Security Society of Africa Nigeria (ISSAN), the E-Payment Forum, the Electronic Payment Providers Association, the Forum of the Committee of Chief Inspectors of Banks in Nigeria (CCIBN), Chartered Institute of Bankers of Nigeria (CIBN), the apex bank – Central Bank of Nigeria (CBN), as well as the senior management of 17 top financial institutions in Nigeria.

    The organisers described Digital Encode as a fruitful seed’ that has distinguished itself in the African cybersecurity space.

    BusinessDay Newspaper management said that the awards are testaments to Dr. Obadare and Dr. Akindeinde’s critical role in the Continent’s cybersecurity space.

    The organisers said that the co-founders are well-recognized subject matter experts with numerous successful engagements to their credit in Africa.

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