General
Dangote Refinery Backs NCDMB on Oil Research, Development
By Sodeinde Temidayo David
As part of efforts to support research and development (R&D) in the oil and gas sector in the country, Dangote Group has announced a partnership with the Nigerian Content Development and Monitoring Board (NCDMB).
The collaboration is through the multi-billion-dollar Dangote Refinery in Lagos and is mainly aimed at promoting the critical issue of the energy sector, which is the backbone of the nation’s economy.
It was gathered that Dangote Refinery is supporting the initiative via the sponsorship of the second edition of the NCDMB Research and Development Fair and Conference 2021 in a bid to show its commitment to the project.
Also, the company was able to showcase its 650,000 barrels per day project and the research and development activities it had carried out during the construction of the refinery at the fair.
This is coming after the NCDMB had commissioned a Technology Incubation and Innovation Center and formally launched the $50 million Nigerian Content Research and Development.
The Executive Secretary of NCDMB, Mr Simbi Wabote, who commended the company’s support for the fair, expressed the need for companies in the Nigeria oil and gas sector to start nurturing the growth of the country’s home-grown technology rather just being wholesome consumers of other people’s innovations.
Mr Wabote emphasised that research and development are pivotal to the growth and development of any nation and play a crucial role in opening new chapters of modern life.
“Analysis of global practices of Research and Development revealed that the combined R&D spend of just five countries makes up 63.5 per cent of the entire global R&D spend.
“These five countries, namely USA, China, Japan, Germany, and India were also observed to have accounted for over 50 per cent of the global Gross Domestic Product,” the NCDMB boss said.
He further expressed regret that African nations accounted for less than one per cent of the global R&D spend, and the continent’s aggregate GDP is only three per cent of the global GDP.
“Africa, on the other hand, accounted for less than one per cent of the global R&D spend while its GDP is only three per cent of the global GDP.”
According to the executive secretary, there is a nexus between the spending on Research and Development and economic prosperity.
Mr Wabote further disclosed that the board would soon embark on a roadshow to showcase its research and development initiatives to the various stakeholder groups, including universities in the country which represent a key constituency.
He also called on industry stakeholders and youths across the country to take advantage of the NCDMB R&D centre to support the adaptation of existing solutions and also come up with new ones to address major challenges in the industry.
By Adedapo Adesanya
The Federal Ministry of Youth Development has expressed its readiness to support 150,000 young Nigerians with N110 billion.
The Director-General of the National Orientation Agency (NOA), Mr Lanre Issa-Onilu, disclosed this on Thursday in Kano at the launch of the five nationwide enlightenment campaigns on government policies, national values and identities, security awareness and disaster preparedness.
He said over 600,000 students have so far benefited from the N59 million disbursed under the Nigeria Education Loan Fund (NELFUND) scheme.
The director general, who was represented by Mr Williams Dogo, Director, Legal Services of the agency, said that NELFUND was available to all qualified Nigerians in public tertiary institutions, noting that the sensitisation programme, with the theme Nationwide Sensitisation on Five Thematic Areas, was designed to deepen citizens’ knowledge of government initiatives.
The NOA boss explained that the campaign would highlight the presidential directive on flood mitigation, which provided for the release of N3 billion to each state in 2024 for drainage clearance and relocation of vulnerable communities.
He said that 700 schools had been renovated nationwide as an intervention to improve learning facilities in rural areas, stating that more than 15,000 new security personnel had been deployed nationwide to address diverse security challenges.
“It is our intention to carry out security awareness campaigns reaching no fewer than three million Nigerians in each state through media engagements, advocacy visits to traditional and religious leaders, rallies at markets and motor parks, as well as town hall meetings,” he said.
On national values, he said that reorientation campaign would focus on patriotism, unity and campaigns against extreme graduation practices that contradict cultural norms, adding that the campaign would also familiarise Nigerians with the current national anthem, which was changed by President Bola Tinubu.
By Modupe Gbadeyanka
Nigerians will have to cough out more money to obtain their international passports because the Nigeria Immigration Service has increased the fees.
In a statement signed on Thursday by the Public Relations Officer of the agency, ACI AS Akinlabi, it was disclosed that the new fees would take effect from Monday, September 1, 2025.
It was disclosed that the 32-page passport with a validity of five years will now to for N100,000 and the 64-page 10-year passport is now N200,000.
The immigration explained that the upward review of the prices was “to uphold the quality and integrity of the Nigerian passport.”
“The review which only affect passport application fees made in Nigeria,” it stressed, adding that, “Nigerian passport application fees made by Nigerians in the Diaspora remain unchanged at $150 for 32-page with 5-year validity and $230 for 64-page with 10-year validity.”
“The service reiterates its commitment to balancing quality service delivery with the need to ensure Passport services are accessible to all Nigerians,” the statement concluded.
By Modupe Gbadeyanka
President Bola Tinubu on Thursday returned to Nigeria after travelling to Japan and Brazil for official functions.
He landed at the Nnamdi Azikiwe International Airport in Abuja in the early hours of today almost two weeks after he left the country through same route.
He was received by senior government officials, including the Minister of the FCT, Mr Nyesom Wike; the National Security Adviser (NSA), Mr Nuhu Ribadu; the Governor of Kaduna State, Mr Uba Sani; the Governor of Imo State, Mr Hope Uzodinma; and the Deputy Senate President, Mr Barau Jibrin; among others.
Before heading to Japan for the Ninth Tokyo International Conference on African Development (TICAD9) in Yokohama from August 20 to 22, the President, according to a statement by his Special Adviser on Information and Strategy, Mr Bayo Onanuga, he had a stopover in Dubai.
Mr Tinubu precisely travelled out of Nigeria on Thursday, August 14, 2024, for the two-nation trip to Japan and Brazil.
After leaving Japan, he zoomed to Brazil to woo investors and held talks with the Brazilian leader, Mr Luiz Inácio Lula da Silva.
He was able to convince the country’s petroleum firm, Petrobras, to return to Nigeria after it left a few years ago. He also helped to enable a direct flight from Brazil to Nigeria.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy2 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years agoFirst Bank Announces Planned Downtime
-
Sports2 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology5 years agoHow To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN