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Osinbajo Tasks Military to Partner Private Sector on Research, Innovation

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By Modupe Gbadeyanka

Vice President, Mr Yemi Osinbajo, has advised the Nigerian Armed Forces to partner with the private sector on research and innovation.

Mr Osinbajo gave this charge at the weekend during the combined passing out parade for cadets of 64 Regular Course (Army, Navy, Air Force) 65 Regular Course (Navy and Air Force) and Short Service Course 44 (Army) where he represented President Muhammadu Buhari.

The Vice President said crimes in the world have taken new turns and security operatives have to always be a step ahead of criminals, especially terrorists.

He said last week’s bombing in a London tube suggest that tutorials for making the explosive devices used are available on the internet.

“How can the military get ahead of the curve on communications in the age of the fast, cheap and available communication for all?” he asked, pointing out that, “We must also answer the question of how to defeat the ideologies that promote mindless killings and anarchy.”

He further said the swift evolution in suicide bombings is a perfect illustration of the nature of the threats that nations face today, unpredictable, asymmetric, constantly adapting to changing conditions, driven by a compulsive need to inflict maximum damage with minimal effort.

According to him, “This is therefore the question we ought to be asking ourselves: Are our Armed Forces evolving with a similar speed and urgency, are they adapting with a similar nimbleness? How do we evolve rules of engagement in asymmetric warfare situations? Should we be redefining the borders of the Geneva Convention in the light of military engagements with armed militant combatants? Can we observe the same human rights rules where suicide bombers and persons determined to die and take with them as many innocent lives as possible are the enemy we must confront? What are the borders of the right to privacy and freedom of expression on the internet? What is the responsibility of Nations of the world in policing the internet which has become a virtual training ground for much good and as much evil?”

Mr Osinbajo said, “But just as important as these issues around conflict are the issues around how the military can in the process of innovating or thinking through use science and technology to add real value to the society and nation it has sworn to defend.”

“Let me speak briefly about the relationship between the military and scientific innovation, and how both have historically shaped and influenced each other.

“Centuries ago, inventions like the wheel, and gunpowder, forever changed the nature of war. National armies wasted little time taking advantage of these innovations in the endless battle to gain an edge over existing and emerging enemies.

“In a similar manner, the military has also spearheaded technology and practices that civilians have latched on to, to alter human civilization as we know it. The one that comes to mind most readily is the Internet, originating from the 1960s Advanced Research Projects Agency Network (ARPANET) Project of the United States Department of Defense.

“Five decades on, the Internet has turned out to be perhaps the most definitive invention in the history of mankind, creating unprecedented social, economic and political opportunity. The American military has also been credited with the invention of GPS- Global Positioning System (GPS) now so common that every smartphone and cars use it to ascertain location.

“But this network of satellites was originally set up by the U.S. Department of Defense in the 1970s. President Ronald Reagan ordered GPS to be made available to civilians once it was completed, while President Bill Clinton later declared that the highest quality GPS signal should be available as well.

“How about RADAR? (an acronym for Radio Detection and Ranging,) this system uses radio waves to find speed, altitude, range, and direction of moving objects such as planes, ground vehicles, missiles, etc. Radar was developed before World War II for military purposes.

“Today, it’s used for a variety of purposes, both military and civilian, including air traffic control and weather forecasting. Inadvertently, it was discovered that microwaves transmitted from radar equipment during WWII could also cook food, which led to the post-war creation of the microwave oven.

“The use of Unmanned Aerial devices or drones today for surveillance, photography (and in Rwanda), the delivery of blood to rural medical facilities originated from the development of the devices by the military in the early 20th Century.

“The world I have just described is the one that today’s cadets are graduating into. Placed side-by-side with this contemporary context, the Cold War Era into which your predecessors – today’s Generals and Commanding Officers – graduated, almost feels like a model of orderliness and predictability.

“At this point let me say that I am pleased to note that the NDA has been positioning itself as a hub for innovation. I am already aware of inventions such as an Automated Pop-Up Target System, a Multi-Purpose Combat Mobile Robot, and a Perimeter Surveillance Robot, which the NDA has showcased at various science and technology exhibitions in the recent past. This is laudable and I urge you to sustain the culture.

“I would also like to urge you to collaborate more extensively with the private sector, for research and innovation. All around the country technology hubs are springing up that are attracting our Nigeria’s brightest talent, and breaking new technological ground. I am convinced that the military should make its presence felt in this area,” the Vice President said.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Nigeria Suffers First National Grid Collapse of 2025

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national grid

By Modupe Gbadeyanka

Residents of Nigeria experienced a power outage on Saturday, January 11, 2025, after the national grid collapsed.

It was the first that occurred this year and it happened at about 3 pm today, according to information gathered by Business Post.

Last year, the nation recorded about 12 grid collapse that almost embarrassed the government, which later set up a team to look into the causes of the frequent collapse of the grid.

It was later that today’s incident occurred after power generation went down from 2,111.01 megawatts at 2:00 pm to about 390.20 megawatts by 4:55 pm.

This development caused a cut in power supply in most parts of the country, but the situation has been brought under control, with electricity restored in most affected areas.

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Tinubu Seeks Increase to $2bn Naira-Yuan Currency Swap Deal

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trade relations between Nigeria and China

By Adedapo Adesanya

President Bola Tinubu on Thursday urged the Chinese government to increase the $2 billion currency swap between Nigeria and the Asian nation to enhance trade between the two countries.

He also called for an upward review of the $50 billion aid package for Africa, which China’s President Xi Jinping announced last year.

Recall that China and Nigeria recently renewed their currency swap agreement, valued at 15 billion Yuan (approximately $2 billion), to enhance trade and investment.

According to a statement signed by his media aide, Mr Bayo Onanuga, the President made this appeal and more while receiving the Minister of Foreign Affairs of China, Mr Wang Yi, at the State House Abuja on Thursday.

The President said increasing the level of currency swaps will speed up the infrastructural development in Nigeria and deepen the strategic bilateral relations.

“We still demand more in the area of currency swap. The level you have approved as a government for Nigeria is inadequate considering our programme. If you can increase that, it will be well appreciated. Our bond should grow stronger and become unbreakable,” the President was quoted to have said in a statement

President Tinubu noted that the continent’s infrastructural needs would require more commitment, urging a review of the amount to reflect the continent’s reality.

“I am happy you are part of China’s highest decision-making body. We will want you to use your position to influence improved project funding. First, I say yes to the 50 billion dollar support, and thank you for contributing to African growth.

“The infrastructural needs of Africa are greater than that, and we want to move as rapidly as our other counterparts. All share your vision of rapid development. Africa values the relationship with China, and we seek deeper collaboration for infrastructural development,” he stated.

President Tinubu also called on China to support Nigeria’s bid for a permanent United Nations Security Council seat.

“You are a member of the UN Security Council. We want you to use your influence to ensure Nigeria secures the seat,” the President said.

The Nigerian leader thanked President Xi Jinping for his warm reception during his visit to China last year.

He said Africa, particularly Nigeria, was prepared to meet developmental goals and contribute counterpart project funding

“We are ready to move and reach the various developmental goals. Due to our deliberation, we signed many MOUs and planned many action programmes.

“My visit during FOCAC was a good experience. We signed several comprehensive MOUs during the visit. We planned several programmes of action. As a result of that deliberation, I made sure that immediately after I returned, I appointed one of the best brains available to coordinate Nigeria-China relations, Mr Joseph Tegbe. He will work to actualise various MOUs and promote a greater understanding of developmental programmes.

“It is good that you came at such a critical time. My visit to China was a good experience. Once again, accept my sympathy for the earthquake in Tibet. It was a natural disaster that nobody expected. We commend your government for the rapid reaction to protect lives.

On his part, Mr Yi said Chinese investments in the country would focus on employment generation and infrastructural development. He said the Chinese National Development Bank had started funding some development projects.

He said the Chinese Government would support including an African country in the UN Security Council, adding that “it was a historical injustice by the world that should be corrected”.

“We stand with Africa, and we will not support a country that invades another country,” he stated.

The foreign minister said China would welcome Nigeria’s membership in the BRICS and participation in the global development mechanism.

He said China fully supported Mrs Ngozi Okonjo-Iweala, the Director General of the World Trade Organisation (WTO), for a second term in office.

The minister also lauded President Tinubu for his visionary leadership and consistency in projecting Africa’s needs, which require China’s support.

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Nigeria Receives $52.88m Assets Linked to Diezani Alison-Madueke

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Diezani Alison-Madueke

By Adedapo Adesanya

Nigeria has received $52.88 million recovered Galactica assets linked to a former Minister of Petroleum, Mrs Diezani Alison-Madueke, from the United States Government.

The Attorney-General of the Federation and Minister of Justice, Mr Lateef Fagbemi (SAN) disclosed this at the formal signing ceremony of the asset agreement between Nigeria and the US in Abuja on Friday.

Delivering his remarks, Mr Fagbemi explained that $50 million of the recovered assets will be deployed through the World Bank to the development of the rural electrification project and the remaining $2 million will be deployed to the International Institute of Justice to expand the Justice system and also counter corruption.

Mr Fagbemi noted that the asset return marks a milestone in the ongoing collaboration between Nigeria and the US in combating corruption and upholding the rule of law

He said the event is also a significant effort by President Bola Tinubu to address the issue of corruption.

Meanwhile, in his remarks, the United States Ambassador to Nigeria, Mr Richard Mills called for the monitoring and effectively utilizing the recovered assets by the Ministry of Justice to benefit Nigerians.

Mrs Diezani Alison-Madueke has been accused of abusing her power when she was petroleum minister under the administration of former President Goodluck Jonathan in Nigeria, including accepting financial rewards for awarding multi-million-pound contracts.

In 2023, the United Kingdom National Crime Agency (NCA) alleged that Mrs Alison-Madueke benefited from at least £100,000 ($127,000) in cash, chauffeur-driven cars, flights on private jets, luxury holidays for her family, and the use of multiple London properties.

Other charges against her also detail financial rewards, including furniture, renovation work and staff for the properties, payment of private school fees, and gifts from high-end designer shops such as Cartier jewellery and Louis Vuitton goods, the NCA said.

Since she left office, she has been dogged by corruption allegations but denies the charges.

The 63-year-old woman has been on bail since first being arrested in London in October 2015.

The US Department of Justice has recovered assets totalling $53.1 million linked to Mrs Alison-Madueke’s alleged corruption.

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