Nairaxi Emerges Winner in NCC’s Young Innovators Competition

 

A mobile ridesharing mobile app that enables users to request taxi and bus rides tagged, Nairaxi has emerged over all winner at the young innovators’ competition organized by the Nigerian Communications Commission, which held at the Digital Bridge Institute, Oshodi, Lagos recently.

The company, which took the coveted prize with value of N2 Million, made up of Kingsley Eze, Co-Founder/Chief Executive Officer and Elizabeth Omale, Co-Founder and Chief Financial Officer, presented an app, which will enhance rideshare and safe delivery of packages to an audience made up of top officials of the Commission, led by the Director of Research and Development, Mr. Ismaila Adedigba who represented the Executive Vice Chairman of the Commission, Prof. Umar Garba Danbatta.

Floews, which comprised established by Bashir Abubakar as Founder and Chief Executive Officer, came second with a prize of N1.5 million while Thronix Lab, comprising three young tech-savvy Nigerians, clinched the 3rd position with a prize of N1 million,. All the contestants were adjudged on the criteria of originality, innovativeness, simplicity of usage and commercialization potential of their IT products, among others.

Floews developed novel and deep-tech all-round solution that monitors and forecasts flood imminence and thereby, disseminate the forecast as an early-warning intelligence, while Thronix Lab developed Proxie, an Internet of Thing (IoT)-enabled smart socket and Wi-Fi hotspot range extender which enables users to switch on/off their appliances connected to it remotely through their phones.

Prof Mohammed Ajiya, President, who chaired the panel of judges for the competition, commended the Commission for providing the opportunity for young Nigerians to achieve their dreams of leveraging digital solutions to address local challenges in Nigeria.

Speaking on behalf of the EVC, the Director R&D, Adedigba, commended all the 15 contestants that participated, and the panel of judges for the “commendable diligence, through and painstaking evaluation carried out by his team of independent judges, leading to the emergence of the three winners”.

He assured of the Commission’s commitment to continue to drive the Federal Government agenda of promoting indigenous ICT solutions development towards strengthening the Nigeria’s digital ecosystem.

“It is important to note that this competition is not the end, but rather the beginning of our collective journey towards bridging the digital divide in Nigeria. We must continue to support and invest in local, indigenous digital solutions to ensure that all citizens have access to the technology and opportunities they need to thrive in today’s digital age,” Danbatta said.

Ten innovators from the 15 proceeded to the Pitching Stage, for having developed the best technology solutions, amenable to commercialisation and capable of solving identified challenges both locally and beyond in a move to bridge the country’s existing digital divide.

The 15 contestants at the event are Curnance PTY, Floews, Lalita by 02 Innovations Lab, Brilliant ESystems, Afrits Innovation, CitiFlow, Natal Cares, Nairaxi, Rate AM, Fixbot Technologies, Betalife, Cyber Plural, TronixLab, Ntapi Inc., and Bycep by Bedoun.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Guinea Insurance Surpasses ₦15bn Minimum Capital Requirement in Recapitalisation Milestone

Guinea Insurance Plc has achieved a significant milestone in...

NAICOM Reaffirms Support for Takaful, Microinsurance Growth as Noor Takaful Nears 10th Anniversary

L-R: Dr. Usman Jankara Jimada, Deputy Commissioner Technical, NAICOM;...

BUA Foods Delivers Double Digit Profit as Margin Discipline Drives Growth

  Company advances long term expansion strategy with significant...

Leadway Sounds Alarm on African Swine Fever, Urges Farmers to Strengthen Biosecurity

As concerns grow over recent outbreaks of African Swine...

Ecobank Nigeria Launches Scaling Up!!! Podcast to Champion African Entrepreneurship, Business Growth

Ecobank Nigeria has launched Scaling Up!!!, its flagship business...

Topics

Linkage Assurance Continues to Meet Claims Obligations amidst Covid-19 Lockdown

  Daniel Braie Managing Director/CEO Linkage Assurance Plc Underwriting firm, Linkage Assurance Plc...

How Mobile Internet is Transforming Businesses in Nigeria

With sub-US$50 smartphones on the way, rapid improvements to...

Tigo Tanzania Launches Innovative Nano Lending Scheme

Leading digital lifestyle company, Tigo has announced it will...

NASENI, REA Partner on Renewable Technologies to Light Up Rural Areas in Nigeria 

R-L: The EVC/CEO of the National Agency for Science and...

9mobile, Gamr Africa Excite Gamers with Esports Tournament

L-R: Brand Specialist, 9mobile, Obinna Onochie; Winner Player 9...

SEC Approves NGX Technology Board Listing Rules

Nigerian Exchange Limited (NGX) is pleased to announce that...

COVID-19: NCC’s 112 Emergency Number Offers Succour to Nigerians

    The National Emergency Number 112 established by the Nigerian...

Buhari, PenCom Launch Micro Pension Plan for Informal Sector

President Muhammadu Buhari launched the Micro Pension Plan yesterday...
spot_img

Related Articles

Popular Categories

spot_imgspot_img