Tayo Aduloju, the Chief Executive Officer of the Nigerian Economic Summit Group, has highlighted that electricity distribution companies and the public sector are falling behind in digital adoption. He made this statement during a biennial lecture in Lagos on Tuesday, organized by the Chartered Institute of Directors in honor of its President and Chairman of the Governing Council, Tijjani Borodo.
Aduloju noted that while the private sector is making strides in digital resilience, power utility companies, along with various government ministries and agencies, are still hesitant to embrace digital transformation.
Speaking on the theme “Building Digital Resilience: Governance, Risk and Compliance,” Aduloju emphasized the need for improvement in these areas.
He remarked that, despite advancements in digital energy, Nigeria continues to face challenges with the installation of smart meters. He observed, “When you consider the urgency of becoming digitally resilient, it becomes clear that companies experiencing significant digital stress tend to demonstrate greater resilience. In contrast, sectors such as banking, consumer goods, and media generally exhibit a medium to high level of resilience.”
He added, “The sectors that are lagging behind—specifically the public sector and power utilities—are moving slowly. Even though digital payment systems and digital energy solutions have been available for 25 years, we are still having discussions about smart meters nationwide.
“This indicates that the government is the slowest entity in terms of achieving digital resilience, which poses a significant issue, especially since 58 percent of government operations are under constant threat.”
