IT Sky Solutions Launches Sky ID to Strengthen Business Trust, Formalisation in Nigeria

IT Sky Solutions Launches Sky ID to Strengthen Business Trust, Formalisation in Nigeria

IT Sky Solutions has launched Sky ID, a digital business identity and communication solution designed to help businesses strengthen customer trust, improve communication and present a more professional identity in an increasingly digital economy. The launch, held in Abuja, brought together technology stakeholders, business leaders and representatives of government agencies, with speakers highlighting the potential of digital innovation to support Nigeria’s informal sector, create jobs and expand economic opportunities.

Speaking at the event, a representative of the National Assembly said the government’s responsibility was to create laws that support initiatives capable of improving business operations and creating employment opportunities for Nigerians.

“First and foremost, our job is primarily to make laws for the good governance and order of the country,” he said.

He added that lawmakers would continue to support legislation that enables technology-driven initiatives and other businesses with the potential to support Nigerians and create jobs, particularly for young people. Also speaking, Assistant Director at the National Information Technology Development Agency (NITDA), Dr Ahmed Yusuf Tambuwal, said digital innovation could play a significant role in transforming Nigeria’s informal sector, where a large proportion of the country’s population operates. According to Tambuwal, digital tools can help small businesses formalise their operations, improve business management and expand their customer base, giving them the capacity to pursue larger commercial opportunities.

“I think this particular initiative is very important for the informal sector. As you are well aware, the informal sector is where the largest population of Nigerians operate,” he said.

“With this innovation, a lot of small businesses are going to be formalised. They will be able to manage their businesses better, expand their customer base and, while remaining small businesses, gain the capacity to manage bigger business opportunities.”

Tambuwal said such initiatives could contribute significantly to job creation and economic growth, adding that NITDA was supporting businesses and individuals through policies, regulations and frameworks aimed at simplifying participation in Nigeria’s digital economy. He said the agency also supported promising initiatives through partnerships, funding and other forms of collaboration.

Sky ID targets trust gap in business interactions

Earlier, Founder and Chief Executive Officer of IT Sky Solutions, Almustapha Liman, said Sky ID was developed in response to the need for greater trust and accountability in business interactions. Liman said businesses and individuals increasingly require reliable systems through which identities can be established and verified as digital communication and transactions become more embedded in everyday commercial activities. He argued that the challenge was not necessarily a lack of integrity among Nigerians, but the absence of systems capable of promoting accountability and discouraging abuse.

“In any society in the world, you will find the good, the bad and the ugly. But if a system is put in place that can check the activities of individuals, it can discourage people from doing what is not right,” he said.

According to him, the identity and verification features behind Sky ID are intended to give businesses and their customers greater confidence when communicating and conducting transactions. He also stressed the responsibility of the private sector to contribute to building systems that promote trust, arguing that technology should go beyond facilitating communication to strengthening relationships between businesses and their customers.