NEWS AGENCY OF NIGERIA
FG to audit all PPP projects-ICRC

FG to audit all PPP projects-ICRC

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By Okeoghene Akubuike

The Federal Government, through the Infrastructure Concession Regulatory Commission (ICRC) is set to audit all Public Private Partnership (PPP) projects to ascertain their performance.

Mr Ifeanyi Nwoko, Acting Head of Media and Publicity, ICRC, said this in a statement on Wednesday in Abuja.

Dr Jobson Ewalefoh, Director-General, ICRC, was quoted to have made this known when he paid a courtesy visit to the Minister of Interior, Mr Olubunmi Tunji-Ojo.

Ewalefoh said the Federal Government will also ensure that all the projects are insured as statutorily stipulated in the Infrastructure Concession Regulatory Commission Establishment Act, 2005.

He told the minister that the commission was already working on evaluating the performance of all PPP projects as well as enforcing their insurance.

The commission, he said, would train PPP desk officers in Ministries, Departments and Agencies (MDAs) as it was already in the works.

He urged the ministry not to relent in bringing projects to the commission or seek clarifications.

“Talking about the audit, we are already putting in place a mechanism to start auditing the performance of PPP agreements that we have signed in the past.

“We do not want to condemn or terminate them, but we want to optimise them.

“When it comes to the issue of insurance, of course, it is a matter of law for all national assets, both hard and soft infrastructure, that are concessioned through PPP to be insured.

“That is one area we are going to look into very soon. We are going to issue a policy that all assets under PPP must, in compliance with the law, be insured,” he said.

The director-general, who thanked the minister for being at the forefront of utilising PPP in delivering key infrastructure needs, pointed out that his choice of the ministry for his first official visit was in view of his performance.

The ICRC DG said that in the past year of the current administration, the minister had taken the highest number of PPP projects to the Federal Executive Council (FEC) for approval.

He commended him for not moving to cancel any PPP but rather optimising those that were stalling.

“My people just did a sum of the total amount of investment that has come into this ministry in your time as minister in the last one year and it is over five hundred million dollars.

“So, we cannot thank you enough as a champion of PPP.

“Therefore, we felt it was in our interest to come and say thank you for being our PPP Ambassador and a PPP Champion.

“We are using this opportunity to tell the world that the government of President Bola Tinubu has respect for the sanctity of contracts and to tell investors that their investment is safe,” he said.

Earlier in his remarks, the minister commended the appointment of Ewalefoh as the DG of ICRC.

Tunji-Ojo described the appointment as a clear demonstration of the intention of the government to diversify the economy and allow the private sector to play its role.

The minister added that his qualifications and experience were unquestionable.

He disclosed plans to efficiently leverage PPPs to make key agencies in the ministry self-reliant and exit them from the government’s budget line.

“We believe that a lot of our agencies should be off budget and we are working towards that, because the resources to the government are not even there.

“This is a country of 230 million people with an increasing population, therefore we have to be innovative in terms of financing.

“We know that the resources of the government are limited but the private sector has a lot more resources.

“All we need is to create the environment and give them the confidence to invest and Nigeria will be a better place for us,” he said.

Tunji-Ojo said that the ministry had leveraged the huge resources of the private sector, saying “everything we have done in the ministry today are majorly PPPs”.

“We cannot ask the government for millions of dollars

“See the data centre, we have the e-gate, as we speak, we have the Advanced Passenger Information System, the Gap Management System is almost completed, and a lot of other PPPs are in the pipeline,” he said.

The minister stressed that PPPs were not only about leveraging funds but also leveraging expertise for enhanced productivity and enhanced efficiency.

He assured the DG that the ministry would continue to collaborate with the ICRC, adding that the commission had always made key technical inputs to the ministry’s projects and fine-tuned them for better operability.

Tunji-Ojo charged the commission to remain steadfast in its role in pushing Nigeria to take its rightful place. (NAN)

Edited by Sadiya Hamza

India trains more than 27,500 Nigerians in 45 years – Envoy

India trains more than 27,500 Nigerians in 45 years – Envoy

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By Sarafina Christopher

Indian High Commissioner to Nigeria Shri Balasubramanian says more than 27,500 Nigerian professionals have been trained across various sectors in 45 years under the Indian Technical and Economic Cooperation (ITEC).

Balasubramanian stated this during the 2024 ITEC Day reception at the High Commission of India in Abuja.

The high commissioner identified ITEC as a dedicated platform established by India’s Ministry of External Affairs for capacity building.

“More than 200,000 officials from no fewer than than 160 countries have benefited from this initiative, encompassing both civilian and defense sectors with no charges incurred.

“India extends over 22,500 scholarships annually to individuals worldwide, fostering collaboration and skill enhancement,” he said.

Balasubramanian added that cooperation between the two countries began in 1979 following the signing of a Memorandum of Understanding with the Ministry of Budget and National Planning representing Nigeria.

He also emphasised the significance of the programme which has seen around 500 Nigerians receiving training in India annually since 1979.

“Notably, diverse courses including specialised ones are offered under this programme.

“For instance, a specialised course catering to 28 law enforcement officers from Nigeria was conducted earlier this year, along with ongoing programmes in digital health, space exploration, and other pertinent areas,” he said.

Balasubramanian also encouraged Nigerians to leverage this opportunity for professional growth and subsequent contribution to their nation’s progress, emphasising the value of skill development and knowledge exchange.

Amb. Dunoma Umar Ahmed, the Permanent Secretary, Ministry of Foreign Affairs, expressed appreciation towards India’s commitment to enhancing Nigerians’ skills through such initiatives.

Ahmed, represented by Amb. Misitura Mohammed, Director of Asia and Pacific, Ministry of Foreign Affairs pointed out how the ITEC Programme has empowered Nigerians across various sectors, playing a crucial role in bolstering Nigeria’s development, particularly in education, healthcare, and infrastructure.

He stated that the partnership signifies an example of robust South-South cooperation, showcasing India’s unwavering support in driving Nigeria’s growth. (NAN)(www.nannews.ng)

(Edited by Muhyideen Jimoh/Emmanuel Yashim)

Young innovators advocate digital revenue systems

Young innovators advocate digital revenue systems

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By Ijeoma Olorunfemi

The Young Innovators of Nigeria (YIN) has emphasised the potential of innovative technology in enhancing national revenue generation systems, curbing oil theft, and improving cybersecurity.

YIN’s Chief Executive Officer, Mr Andrew Abu, made this statement in an interview with the News Agency of Nigeria (NAN) in Abuja, highlighting activities marking the organisation’s 10-year anniversary.

Abu said the anniversary, scheduled for 16-17 October, would coincide with the second edition of YIN’s Technology Ecosystem Dialogue Series (TEDS).

According to Abu, the event aims to bring together stakeholders from industry, academia, and public institutions to explore ways to advance Nigeria’s digital landscape and foster future innovations.

“This event aligns with national priorities and global best practices, integrating innovative technological solutions into Nigeria’s revenue management framework to promote sustainable economic development, fiscal governance, and stability.

“TEDS 2024 will focus on incorporating innovative technologies into Nigeria’s revenue systems, addressing digital transformation in revenue collection, combating oil theft, and enhancing cybersecurity.”

He said other anniversary activities include a hackathon, the Heroes of the Tech Republics award, and recognition of individuals from public service, innovators, and investors who have contributed to Nigeria’s IT ecosystem growth.

According to him, Gov. Siminalayi Fubara of Rivers State will be honoured for digitising the state’s civil service, investing in digital literacy, and ICT certifications for staff, resulting in increased Internally Generated Revenue (IGR) and enhanced e-governance.

He said other awardees include Dr Bosun Tijani, Minister for Communications Innovation and Digital Economy, and Dr Olatunji Vincent, National Commissioner, Nigeria Data Protection Commission.

Abu encouraged innovators to participate in the hackathon, developing solutions for clean energy and climate change, with a submission deadline of 30 September.

“The best three products from the hackathon will be showcased at TEDS, where industry partners can select products for funding or sponsorship/co-ownership.”

“Interested innovators can apply via https://yinigeria.com.ng/hackathon/.

“YIN will also unveil Tech Republic, a comprehensive book documenting Nigeria’s technological advancements over the past decade, providing a roadmap for the future of tech in Nigeria and Africa.

“Topics to be discussed at the event include Digital Transformation in Revenue Collection, Data Analytics and Revenue Leakages, and Leveraging Technology to Combat Oil Theft.

“The programme is being hosted in collaboration with the Network of Incubators and Innovators in Nigeria, under the theme “Securing Nigeria’s Revenue Streams: The Power of Technology”. (NAN)(www.nannews.ng)

Edited by Abiemwense Moru

Maulud: Al-Habibiyyah embarks on tree planting campaign across Nigeria

Maulud: Al-Habibiyyah embarks on tree planting campaign across Nigeria

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By Muhyideen Jimoh
The Al-Habibiyyah Islamic Society has begun the planting of over 1,000 soursop trees across the country, as part of activities to mark this year’s Eid-el- Maulud (commemoration of the birth of Prophet Muhammad).
The National Chief Imam of Al-Habibiyyah, Shiek Fuad Adeyemi told the News Agency of Nigeria (NAN) that the Society had launched the “Project Make It Green” on Sunday in Abuja.
He said the initiative aims at promoting a green friendly environment in line with the dictates of Prophet Muhammad, PBUH.
The cleric explained that 1,000 of the trees would be planted in Abuja and environs, while the remaining would be planted in designated areas across the country.
“As we commemorate this year’s Maulud, we want the entire world to know what the Prophet Muhammad stood for, his missions and his messages.
“I think part of his greatest messages is the sustenance and conservation of the environment.
“The Prophet has given us lots of lessons and teachings as far as environment is concerned,” he said.
Adeyemi said that planting trees as encouraged by the Prophet will go a long way in addressing issues of climate change and other disasters like the recent floods in Maiduguri.
“The Prophet mentioned that we should plant trees and that animals that eat from it, humans that eat from it, people that stay under their shades would be counted as ‘Sadakat-ud-Jariyya’, for us, both here and in the hereafter.
“Also, if one look at the Maiduguri flood, it is 70% environmental related issue. Had it been we are proactive and listen to the messages of Prophet Muhammad I don’t believe this thing will have happened,” Adeyemi said.
He said that the choice of the soursop tree is due to the fact that medically the leaf cures so many sickness and the fruit is also very valuable.
The Imam admonished Nigerians to cultivate the habit of planting trees as encouraged by the Sunnah (tradition) of the Prophet to mitigate some of the environmental challenges facing the country. (NAN)
Edited by Sadiya Hamza
Culture: China reaffirms commitment to strengthen ties with Nigeria

Culture: China reaffirms commitment to strengthen ties with Nigeria

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By Sarafina Christopher and Mercy Eletta

Li Xuda, the Director of China Cultural Center in Nigeria, says there is a strong commitment to strengthen the people to people relationship between China and Nigeria.

Li said this at the 2024 Mid-Autumn festival organised by the China General Chamber of Commerce in Nigeria in collaboration with the China Cultural Centre on Saturday in Abuja.

Li, who is also the Cultural Counsellor of the Chinese Embassy in Nigeria, said the Festival was one of the most important holidays in Chinese culture that had been celebrated for over 3,000 years.

He said that the festival was not just about the moon as it embodied the values of family, unity and cultural appreciation which would be fostered between China and Nigeria.

According to Li, the festival serves as a bridge; enabling cultural exchanges and enhancing mutual understanding.

“By celebrating this festival in Nigeria, we are not only sharing our traditions but also inviting Nigerians to partake in our rich culture,” he said.

Li also noted that the festival was often celebrated annually on the 15th of the eighth month of the Chinese lunar calendar, usually in Sept. or Oct. when the moon was very full and bigger in size.

Mr Michael Olubode, a Nigerian recipient of a dining voucher valued at N1 million, extended his gratitude to the Chinese Government for the undertaking.

He conveyed his heartfelt wishes for a joyous and bountiful Mid-Autumn celebration.

Presentation of gifts to some attendees.

NAN reports that the highlight of the event was the distribution of electronic devices, TV boxes, dining vouchers, health products, among others to Nigerians and Chinese participants to commemorate the 2024 Mid-Autumn Festival.

The event also featured a Chinese chef, who educated both Nigerian and Chinese attendees on crafting mooncakes.(NAN)(www.nannews.com.ng)

Edited by Chijioke Okoronkwo

Customs boss tasks new management on mentorship

Customs boss tasks new management on mentorship

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By Martha Agas

The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has tasked the newly confirmed Deputy Comptroller-Generals (DCG) and Assistant Comptroller-Generals (ACG) on mentoring the service’s personnel.

Adeniyi made the call during the investiture of the officers at the service headquarters on Friday in Abuja.

The News Agency of Nigeria (NAN) reports that the NCS’s Board, during its 60th regular meeting on Tuesday, confirmed the appointment of two DCGs and five ACGs to join the management team.

The appointments were made in response to the statutory retirement of senior officers and are fully aligned with the Federal Character Policy, as outlined in Section 14(4) of the Nigeria Customs Service Act, 2023.

The C-G said that the newly decorated officers have shown competence, diligence, and commitment in the discharge of their duties and other responsibilities assigned to them.

According to Adeniyi, the qualities demonstrate their exceptional ability to mentor younger officers in the service.

“So there is going to be a rich depth of people that can give you (NCS personnel) inspiration for what you do.

“They will provide mentorship and guidance for the younger generation of officers that are coming.

“We are in a period when we should begin to identify, nurture, and cultivate those that will form the future leadership of the Nigerian Customs Service, and we must therefore put our emphasis on merit,” he said.

He urged the newly promoted officers not to relent in their efforts to perform their constitutional duties, as their new positions come with higher obligations and responsibilities.

He expressed confidence that, due to their pedigrees and selection on merit, they will effectively carry out the critical roles of revenue generation, trade facilitation, and the suppression of smuggling.

“It is expected that they will justify the confidence that we have reposed in them.

“Therefore, the virtues of commitment, of dedication, of discipline, and, most importantly, exemplary conduct, are expected from all of you.

“I want you to continue to use merit or to depend on merit to drive your operations,” he said.

The C-G thanked the spouses of the officers for their support in enabling the officers to accomplish great feats in the service.

He urged them to offer more support and understanding, as the new responsibilities would require greater commitment.

Responding on behalf of the newly decorated officers, DCG Olaniyi Alajogun assured the C-G of their commitment to duties.

He acknowledged the CGs fairness and equity in the various appointments, particularly adhering to seniority and reflecting federal character.

NAN reports that the senior officers decorated were Olaniyi Alajogun, DCG in charge of Enforcement, Investigation, and Inspection; and Kikelomo Adeola, DCG to head the new Information Communication Technology Modernisation unit.

Timi Bomodi, ACG to oversee Enforcement Investigation and Inspection; Babatunde Makinde, ACG in charge of Human Resources and Development.

Others are Odaudu Salefu, ACG, in charge of Doctrine and Coordination at the Training and Doctrine Command, and Isah Umar, ACG, in charge of Headquarters. (NAN)(www.nannews.ng)

Edited by Peter Amine

Anglican Church gets new archdeaconry in Abuja

Anglican Church gets new archdeaconry in Abuja

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By Emmanuel Afonne

The Church of Nigeria (Anglican Communion), Diocese of Kubwa, has inaugurated a new archdeaconry in Abuja to further propagate the gospel of Jesus Christ in the Federal Capital Territory (FCT).

Rt. Rev. Duke Akamisoko, the Bishop of Kubwa Diocese, who inaugurated the new archdeaconry (Kubwa North Archdeaconry) with headquarters at the Church of Transfiguration, Arab Road, Kubwa, Abuja, said that the parish deserved its new status.

The new archdeaconry–Kubwa North–with Venerable Emeka Anyaora, as the Archdeacon, comprised six local churches in the area.

They are St. James Gbazango, Kubwa, Church of Epiphany Gbazango Extension, Kubwa, St. John’s Kagini, All Saints Church Guida, Emmanuel Church Kaba and St. Philip’s Church, Jibi.

Akamisoko said the inauguration of the Kubwa North Archdeaconry would bring evangelism closer to the people.

“It is a plus to the diocese; it is also a growth and with this, we now have 18 archdeaconries in the diocese, and this is one of them.

“God will continue to help them to grow and excel in mission, evangelism and other aspects of human relationship as well as work in the diocese.

“We encourage our members to work hard and show commitment so as to attract God’s blessing.

“Anyone that is not committed to the things of God is doing himself harm; those that are committed will be blessed.

“So, I urge everyone to be committed because it can’t go unrewarded.’’

According to the Bishop, the economic challenges in the country are man-made, as God did not design Nigeria to be so.

He urged Nigerians to dedicate themselves to the service of God, no matter the economic challenges.

“God did not put us where we are; with the right leadership, dedication, commitment from leaders and followers, we will get out of this.

“Nigerian leaders must be courageous; have human feelings and think about the people.

“The cost of living is getting high; cost of fuel is also going higher and higher.

“God has blessed this country with all the resources that are available; so, we have no reason to be where we are,” he said.

Director of Administration, Kubwa Diocese, Venerable Adamu Sabo, said the inauguration would galvanise and encourage expansion in the house of God.

“I was the first Parish Priest of this church and I am happy with what has happened,” Sabo said.

Chairman, Clergy Association, Kubwa Diocese, Venerable James Lamja, said that the Kubwa Anglican Diocese was growing from strength to strength.

“I am excited and we thank God for the developmental strides of the bishop.

“From here, the diocese will be going higher; from 17 archdeaconries, we are now 20, with an additional three new archdeaconries.

“This is the beginning of good things to come in this diocese; this is bringing administration to the grassroots and connecting with the diocese,” he said.

Mr Edwin Nwoko, Chairman of the Inauguration Planning Committee, said that the creation of the new archdeaconry would translate to the spiritual expansion of the Church and service to humanity.

He urged members of the archdeaconry to be committed to God’s work.

“We thank God for a successful event and our people are happy.

“We expect spiritual and membership growth as well as prosperity among the people and we expect people coming here to know God.

“We had a short time to plan this, but the members were united and they cooperated among themselves to achieve the result we got,” Nwoko said. (NAN)(www.nannews.ng)

Edited by Chijioke Okoronkwo

Infrastructure devt. : ICRC to issue certificates in 7 days— D-G

Infrastructure devt. : ICRC to issue certificates in 7 days— D-G

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By Okeoghene Akubuike

The Infrastructure Concession Regulatory Commission (ICRC) says it will henceforth issue Outline Business Case (OBC) Certificate of Compliance and Full Business Case (FBC) Certificate of Compliance within seven days.

This follows a directive from President Bola Tinubu to the commission’s Director General, Dr Jobson Ewalefoh, “to accelerate investment in national infrastructure through innovative mobilisation of private-sector funding.”

In a statement signed by Ifeanyi Nwoko, Acting Head of Media and Publicity, ICRC, in Abuja on Monday, the commission said it had streamlined its approval processes to issue the certificates.

Nwoko said that the move aimed to accelerate the turnaround time for approvals by the commission.

He quoted Ewalefoh as saying, “in line with President Tinubu’s charge and the Renewed Hope Agenda, we have updated our approval processes.

“This process aims to issue either the OBC or FBC to Ministries, Departments and Agencies (MDAs) that meet the requirements within seven days.

“This is part of the current administration’s efforts to accelerate infrastructure development, bridge infrastructure gaps, and stimulate the economy through private sector investment in Public-Private Partnership (PPP) initiatives.”

He said by streamlining its processes, the commission was not compromising its stringent approval steps or key requirements.

“Therefore, only business cases that are viable, bankable, offer value for money, and meet all other requirements will be approved.

“The ICRC cannot achieve this alone; I urge all chief executives of MDAs to match our momentum and align with the President’s charge to accelerate infrastructure development.

“This will ensure that PPP projects are delivered within record time without being stalled.

“The commission is ready to partner and collaborate with all MDAs to achieve this.”

Nwoko said the ICRC was established to regulate the Federal Government’s PPP initiatives, address Nigeria’s physical infrastructure deficit and promote economic development.

The statement said an FBC is a comprehensive document outlining the detailed investment plan, capital and operating costs, benefits, risks framework, and negotiated financials associated with a PPP project.

It is prepared and submitted by the MDA to obtain the Federal Executive Council’s (FEC) approval, as required by Section 2(2) of the ICRC Establishment Act.

“This formed the basis for secure funding, approvals, or partnerships.

“In contrast, the OBC is less detailed than the FBC but provides a determination of project viability and bankability, offering a solid foundation for the project’s overall strategy and direction.”(NAN)(www.nannews.ng)

Edited by Abiemwense Moru

Stakeholders urge unified action to scaled-up climate finance for Africa

Stakeholders urge unified action to scaled-up climate finance for Africa

549 total views today
By Muhyideen Jimoh
Stakeholders have called for a unified action to secure scaled-up climate finance for Africa.
The stakeholders spoke at the 12th Conference on Climate Change and Development in Africa (CCDA-XII) in Abidjan.
The conference served as a crucial platform for African leaders, policymakers, and experts to address the urgent climate challenges ahead of the upcoming COP 29 in Baku, Azerbaijan.
The theme of the conference is, “Financing Climate Adaptation and Resilience in Africa”.
Côte d’Ivoire’s Minister of Environment, Jacques Konan, said that the theme resonates deeply as Africa continues to grapple with the disproportionate impact of climate change.
Konan said that this was in spite of it contributing less than four per cent of global greenhouse gas emissions.
“Combating climate change is the greatest challenge humanity has faced in the last century.
“There is need for adequate financing to support Africa’s adaptation efforts, which is critical to mitigating the continent’s vulnerability to climate-related impacts,” Konan said.
Hanan Morsy, Deputy Executive Secretary and Chief Economist at the United Nations Economic Commission for Africa (ECA), highlighted the ongoing shortfall in global climate finance.
“Despite the 2009 pledge of 100 billion dollars annually, only a fraction of the estimated 1.3 trillion dollars needed to support global climate resilience has been mobilised,” she said.
Morsy called for innovative financing mechanisms to avoid exacerbating Africa’s debt burden, suggesting that the African Continental Free Trade Area (AfCFTA) could be leveraged to channel investments into the efforts.
Josefa Sacko, Commissioner for Agriculture, Rural Development, Blue Economy, and Sustainable Environment at the African Union Commission, emphasised the immense financial requirements for Africa’s climate commitments.
According to Sacko, African countries will need approximately three trillion dollars to fully implement their Nationally Determined Contributions (NDCs) by 2030.
She urged the continent to unite and speak with one voice at COP 29, stressing the importance of securing grants over loans or debt, to finance impactful climate projects.
The African Development Bank’s (AfDB) Director of Climate Change and Green Growth, Anthony Nyong, stressed the need for recognition and compensation for Africa’s contributions to global mitigation efforts.
“Our priority must be fostering climate-resilient development while balancing adaptation with climate-informed investments.
“Achieving this goal hinges on securing adequate financing, technology transfer, and capacity building,” Nyong said.
The News Agency of Nigeria (NAN)  reports that CCDA-XII aims to catalyse bold actions and commitments that will address Africa’s immediate climate challenges.
It is also meant to secure a prosperous and sustainable future for generations to come.
The conference, convened by a coalition of partnerships known as ClimDev-Africa, including the African Union Commission, the ECA, and the AfDB was hosted by the Government of Côte d’Ivoire.(NAN)(www.nannews.ng)
Edited  by Kadiri Abdulrahman
FG tasks investors on proper utilisation of NCDMB intervention funds

FG tasks investors on proper utilisation of NCDMB intervention funds

700 total views today

By Emmanuella Anokam

The Federal Government has tasked investors in the country to utilise the Nigerian Content Development and Monitoring Board (NCDMB) intervention funds for the purpose they were meant for.

Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), made this known on Thursday during a facility tour of Amal Tech Limited, located at Idu Industrial Layout, Abuja.

The News Agency of Nigeria (NAN) reports that the minister who was on the tour with some officials of the ministry was conducted round the company’s facility by its Chief Executive Officer, Mr Shehu Abdullahi.

Lokpobiri, who was proud of the company’s proficiency, expressed commitment towards strengthening its partnership with the NCDMB because of the value it had added to the Nigerian economy.

“I use this opportunity to tell other people who are in partnership with NCDMB to use the funds that they have been able to get at single digit for the purpose the investments were made.

“It is surprising to hear that between the investments and the loans, the NCDMB in the last few years has spent over half a billion dollars,’’ he said.

The minister, who was amazed that Amal Tech Ltd. got the least amount in terms of what NCDMB invested, promised to grant the company any support it needed for showing capacity in managing funds and creating value.

He thanked the Amal CEO for choosing to domesticate his knowledge/expertise in different sectors of the economy to create employment, contrary to some Nigerians who chose to take their expertise outside.

“As rightly said, this company started with a small idea of a smoke and leak detector production, and now you have expanded to manufacturing meters, Point of Sale (POS) machines and pipeline cellulose.

“I believe that in the next few years, you will do amazing things. The least we can do is to strengthen our support for you, so that you can do more, not just for the Nigerian economy but for the entire world,’’ he said.

The minister also promised to work with the company to spur more engagements, particularly by deploying its technology on the pipeline surveillance to assist in curbing oil theft.

Lokpobiri said that its facility and services would be strategic to achieve the objective of reducing the infractions on the pipelines which was affecting the country’s overall production.

“We have the capacity to produce 2 million barrels per day (bpd) or more and it is our ambition to ensure that we do 2mbpd or more by the end of 2024.”

The minister expressed delight that as a serving senator in 2010, he was among those who basically conceived and passed the bill for the NCDMB to be created to support local industries.

He promised to assist the company to market its products and services in the West African sub region and in other locations where Nigeria’s affiliations reached such as the African Petroleum Producers Organisation (APPO).

Abdullahi, while responding, thanked the minister for the financial support his company had received.

He said that the gesture demonstrated the government’s willingness to drive local content for the good of the economy.

Abdullahi said that he was looking forward to more partnership as promised by the minister.

He said the company which was commissioned in 2023 rely solely on local resources for its production to enhance local content, give value to the Nigerian market and save money for the Nigerian economy to thrive.

Among its technologies include a wireless alarm transmission, a technology driven approach to pipeline monitoring and GIS-Based Pipeline Monitoring which allows for the visualisation of pipeline routes and potential issues on a map with clear overview.

Others are Operator Training Simulation, Drone Monitoring and Surveillance for aerial views of the pipelines especially in remote areas, Control and Command System and Distribution, Acoustic Sensing and Seismic Technology and Sensor Integration.

The products also include pipeline monitoring components, three-in-one devices with Wi-Fi, gas leak and smoke detector, smart metres, water heater, fire alarm panel and POS machines that accept payment offline with other functionalities, among others. (NAN)(www.nannews.ng)

Edited by Emmanuel Afonne

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