ITF – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Wed, 26 Nov 2025 10:58:41 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png ITF – Tech | Business | Economy https://techeconomy.ng 32 32 JV Management Consulting Introduces JVPerformX, an AI-Native HRMS Designed for Africa https://techeconomy.ng/jv-management-consulting-introduces-jvperformx-an-ai-native-hrms-designed-for-africa/ https://techeconomy.ng/jv-management-consulting-introduces-jvperformx-an-ai-native-hrms-designed-for-africa/#respond Wed, 26 Nov 2025 10:58:41 +0000 https://techeconomy.ng/?p=171718 JV Management Consulting Limited, a premier business solutions provider, has announced the official launch of JVPerformX, a pioneering Human Resources Management System (HRMS).

Powered by advanced Artificial Intelligence, JVPerformX is designed to be the definitive all-in-one platform for African enterprises, managing the full employee lifecycle, from recruitment to retirement, while addressing the unique regulatory complexities of the African market.

In an era where operational efficiency and data-driven decisions are paramount, JVPerformX bridges the gap between global technology standards and local business realities.

Spearheaded by Dr. Jennifer Seidu, CEO and Founder, and Ms. Anuoluwapo Seidu, Chief Operating Officer, the platform serves as a strategic tool for forward-thinking organizations ranging from early-stage SMEs to large corporate institutions.

Redefining HR with Artificial Intelligence JVPerformX moves beyond traditional administrative HR functions by integrating core modules designed to optimize performance and decision-making:

AI-Powered Recruitment: The system utilizes smart candidate screening to extract key information and identify skill sets, generating a “fit score” (0-100). This technology reduces initial CV review time by 80%, allowing HR teams to focus immediately on top talent.

Data-Driven Performance Management: The platform fosters a culture of continuous improvement through real-time KPI tracking, structured quarterly reviews, and 360° feedback mechanisms involving peers, managers, and subordinates.

Strategic Analytics: Executives gain access to powerful dashboards that transform raw data into actionable organizational health indicators, enabling informed, high-level strategic planning.

Built for African Compliance and Speed A critical differentiator for JVPerformX is its localization. The platform provides seamless automation for complex regulatory requirements specific to Nigeria and the broader African region.

  • Localized Payroll Engine: The system automates calculations for PAYE, NSITF, ITF, and PENCOM contributions, ensuring 100% accuracy and reducing payroll processing time by 75%.
  • Regulatory Compliance: With a centralized, secure document storage system, JVPerformX ensures organizations remain compliant with the Nigeria Data Protection Regulation (NDPR) and other statutory requirements.

 “JVPerformX is more than software; it is a strategic partner that transforms how organizations manage, scale, and optimize their businesses,” said Dr. Jennifer Seidu, CEO of JV Management Consulting. “By automating critical HR processes and providing real-time performance insights, we enable businesses to focus on developing their most important asset: human capital. It is secure, compliant, and built to drive measurable growth and long-term sustainability.”

Ms. Anuoluwapo Seidu, COO, emphasized the platform’s ease of adoption:

“JVPerformX is designed to serve both the employer and the employee, ensuring organizational goals are tracked efficiently. We built this for speed and accuracy, companies can be fully operational in under 15 minutes using our Quick Start Guide. From real-time analytics to automated statutory deductions, we are equipping Nigerian businesses with the tools needed to survive and thrive in today’s economy.”

JVPerformX is available immediately. Organizations are invited to start their journey by visiting here for scheduling a personalized demo.

The platform offers flexible subscription tiers, ranging from a Starter plan to a comprehensive Enterprise plan supporting unlimited employees and multi-location management.

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Prime Atlantic Safety Services Promotes Artisanal Safety Skills https://techeconomy.ng/prime-atlantic-safety-services-promotes-artisanal-safety-skills/ https://techeconomy.ng/prime-atlantic-safety-services-promotes-artisanal-safety-skills/#respond Wed, 21 Aug 2024 11:52:01 +0000 https://techeconomy.ng/?p=140738 Prime Atlantic Safety Services (PASS) Training Centre welcomed participants for the Health, Safety, and Environment (HSE) Train-the-Trainer Workshop, designed to empower Industrial Training Fund (ITF) safety officers with the expertise required to drive the safety component of the Skill Up Artisans (SUPA) program.

The three-day workshop, from August 16th to 18th, 2024, signifies a pivotal step towards ensuring the safety and well-being of artisans across Nigeria.

The workshop, approved by Dr. Afiz Oluwatoyin Ogun, ITF director general/Chief Executive underscores the ITF’s dedication to the success of the SUPA program.

By selecting PASS’s state-of-the-art facility in Ogere, Ogun State, for this crucial training, Dr. Ogun has demonstrated his commitment to fostering a safety culture within Nigeria’s artisanal professions.

The opening ceremony was marked by the presence of key figures from both PASS and ITF.

Leading the Prime Atlantic Safety Services management team was Folake Soyonwo, managing director who expressed her gratitude to the ITF leadership for entrusting their facility with this significant training program.

“We are honoured to host this workshop and contribute to the SUPA program’s mission of enhancing safety standards among Nigerian artisans. The trust placed in our facility by the ITF is a testament to our commitment to excellence in safety training,” Soyonwo remarked.

Representing the ITF, Fulera Bature-Dikki, the director of Business Training Development, applauded the decision to conduct the training at PASS.

Speaking on behalf of Dr. Ogun, she emphasised the critical role that safety plays in the lives of artisans, highlighting the importance of acquiring the necessary HSE knowledge and skills.

“The success of the SUPA program hinges on our ability to instil a deep understanding of safety practices in our artisans. This workshop is a key element in that mission, and I am confident that our participants will leave here better equipped to drive the safety agenda forward,” Bature-Dikki stated.

The workshop brought together 43 ITF participants, including Deputy Directors, Training Development Officers II, and other key officials, all playing crucial roles in implementing the SUPA program.

The training was focused on experiential learning, ensuring that participants understood safety principles and could apply them effectively in their respective roles.

Through this program, the ITF aims to cultivate a safety-first mindset among artisans, thereby safeguarding their well-being and ensuring sustainable practices within their professions.

By equipping their officers with advanced HSE training, they aim to reinforce the safety framework of the SUPA program, ultimately benefiting the artisans and the communities they serve.

The collaboration between ITF and Prime Atlantic Safety Services is seen as a strategic move to achieve these objectives, with both organisations committed to continuous improvement in the safety sector.

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ITF Advocates for Enhanced Capacity Building for Economic Empowerment https://techeconomy.ng/itf-advocates-for-enhanced-capacity-building-for-economic-empowerment/ https://techeconomy.ng/itf-advocates-for-enhanced-capacity-building-for-economic-empowerment/#respond Tue, 27 Feb 2024 08:54:47 +0000 https://techeconomy.ng/?p=126058 The Abeokuta Area Office of the Industrial Training Fund (ITF), the foremost Human Capital Development agency in Nigeria, hosted its maiden edition of the Breakfast Meeting with Stakeholders in Ota, Ogun State, on February 22nd, 2024.

Themed “Building Capacity to Thrive in a Rapid Evolving Economy,” the event brought together captains of industries, representatives from government agencies, academia, and the media to discuss critical issues and opportunities in skills development for the future.

Industrial Training Fund
L-R: Chris Uzoalu, General Manager (HR) CROWNPACK Nigeria Ltd; Mrs. Bolanle Ajibade, Area Manager ITF Abeokuta Area Office; Adebowale Oyejola Oyeneye Permanent Secretary, Bureau of Public Service Reforms; and Boniface Ndubuaku, HR Farmex Meyer Ltd, Ota, at the Industrial Training Fund (ITF) Abeokuta Area Office Breakfast Meeting with Stakeholders held at Covenant University Ota on Wednesday, 22nd February, 2024.

During her welcome address, Mrs. Bolanle O. Ajibade, area manager and deputy director of the ITF Abeokuta Area Office, reiterated the agency’s core mandate: to facilitate, champion, and foster skills development within the Nigerian industrial and commercial landscape.

According to her, “The ITF has significantly impacted the lives of Ogun State indigenes, aiming to mitigate youth restiveness and alleviate poverty in the state. Through initiatives like the National Industrial Skills Development Programme (NISDP), Federal Government Skills Empowerment Programme (FEGOSEP), Skills Training and Empowerment Programme for the Physically Challenged (STEPP-C), Construction Skills Empowerment Programme (CONSEP), Women Skills Empowerment Programme (WOSEP), Agripreneurship Skills Empowerment Program (AGSEP) the agency has demonstrated commitment to empowering young people within the state.”

She highlighted that the ITF-National Economic Recovery Growth (ITF-NERGP) has commenced training of 100 Ogun state indigenes on Welding, Electrical, Tiling, Carpentry and Crop Production after which they will undertake internship and thereafter be certified by the relevant bodies.

Through the Skill-Up Programme for Artisans (SUPA), which is an initiative of the Director General/Chief Executive of ITF, Dr. Afiz Oluwatoyin Ogun, ITF has also provided an avenue to empower Artisans with tech-enabled skills training, licensing, and access to essential toolkits, promoting industry standard excellence.

In addition, ITF is mandated to certify and licence their trade areas to qualify them to work both nationally and internationally while exposing their skills to other parts of the world, to companies in the nation through NECA and other bodies and becoming employers of labour with the support of Federal Ministry of Industry, Trade and Investments and ITF.

Mr. Adebowale Oyeneye, permanent secretary, Bureau of Public Service, served as the guest speaker, delivering an insightful presentation on the challenges and opportunities presented by the rapidly evolving economy.

He emphasised the need for investing in education systems, promoting vocational training, encouraging R&D, supporting startups and entrepreneurs, and fostering collaboration between various stakeholders to build a resilient and adaptable workforce.

The key recommendations from the discussions included: Investing in Technical and Vocational Education and Training (TVET) and STEM education to prepare individuals for future job demands; Promoting vocational training programs to develop a skilled workforce aligned with industry needs; Encouraging R&D to foster innovation and technological advancements; Supporting startups and entrepreneurs through funding, mentorship, and incubators; Establishing a business-friendly environment with favourable policies and regulations; Fostering collaboration between public and private sectors, academia, and civil society; Implementing robust monitoring and evaluation to assess the effectiveness of capacity-building initiatives.

Industry leaders like Mr. Chris Uzoalu of Crownpack Ltd. and Mr. Ikmot of Honda commended the ITF for the initiative, highlighting the importance of knowledge sharing, collaboration, and continuous learning in navigating the dynamic economic landscape.

They called for expanding such programs to reach a wider audience, including communities, academia, and the informal sector.

“It has been a very robust engagement, and I feel this should be done often to close the information gap between the ITF and the industry. We have come to understand that without capacity building, you can’t sustain factories and if you can’t sustain factories, you can’t sustain the community. Additionally, there is a  need for training and retraining of employees, and we must take advantage of the wealth of knowledge and experience of expatriates brought into the country.” remarked Chris Uzoalu, General Manager (HR) CROWNPACK Nigeria Ltd.

The ITF’s Breakfast Meeting served as a valuable platform for dialogue and collaboration, bringing together key stakeholders to address the crucial issue of skills development in the face of rapid economic change. The agency’s commitment to empowering individuals and fostering a thriving industrial landscape was evident throughout the event, and the recommendations generated promise to guide future efforts in building a more skilled and adaptable workforce for Nigeria.

The Industrial Training Fund (ITF) is a statutory body of the Federal Government of Nigeria established under the Industrial Training Fund Act No. 47 of 1971 to provide, promote and encourage the acquisition of skills in industry and commerce with a view to generating a pool of indigenously trained manpower sufficient to meet the needs of the public and private sectors of the economy.

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