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RDI 3 Days Summit: Research is our greatest Asset And We can generate over 10 Trillion Revenue In Nigeria, Says stakeholders

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At the end of a 3- days summit coordinated by Research for Impact, Knowledge-Economy, and Sustainable Development (RIKE-SD), in partnership with the West and Central Africa Research and Education Network (WACREN) and Foreign and Commonwealth Office in Abuja on Wednesday, 27th of March, 2024, the discussions centred around the pivotal role of research, development, and innovation in driving economic growth and prosperity.

The Chairperson Commission of Nigerians in Diaspora, Abike Dabiri-Erewa, she highlighted the importance of our human and knowledge-based resources as our Nigerian greatest assets we can proud of. To be rated above, oil is our global knowledge-based resource rooted in research and innovations. The Diaspora chairman stressed the need for effective development to grow any Nation worldwide. She stated her Ministry had embarked on a series of projects that could enhance the results of RDI, transforming our country’s competitiveness worldwide.
We have over 17 million Nigerians in Diasporas, many of whom are doing well in their chosen fields.

Dr Popoola Mustapha, the Director of RIKE SD, Research Innovation and Knowledge Education and Sustainable Development (RIKE SD), added that the 3-day Summit has generated working groups that would be reconstituted as the national research Think-Tank. The Think Tank would be looking at the Agendas of Mr President; we have 8 groups that would later go into evidence theses to come out with solutions to the problems identified in this Summit. With our Pentagonal Nexus, we would work with five actors in typical RDI systems. The Academia, Industry and Government are to start with. Now, with our plans, we are incorporating the Funders because we don’t want to start looking for Funds after planning. As we plan, they are on the table. We would make it demand-driven and be sure we have the end-users, who are the people in mind.
Results to be achieved in these efforts would form parts of 8 points achievements in office. We need a driven committee not appointed but selected based on performance. Institutionalising these platforms for state and national actors to build sustainability. On Monday, we had the presence of the Honorable Minister of Science and Technology and The Chairman of the Commission of Nigerians in Diasporas; such presence was symbolic; after pro-creation in Nigeria, we are targeting other African nations. Over 17 million Nigerians in Diasporas, many of whom work in research and development fields; when unleashed potential, we would have over 10 Trillion in new Revenue in Nigeria in terms of new Knowledge. Many of these people hold critical roles in their chosen fields of innovation globally, so they would be glad to partner with this platform. They were well-funded abroad and were looking for an opportunity to partner with Nigeria. With us is a journey and Marathon because we will be accelerating processes. In the coming days, we will move to the following levels, presenting outcomes to the President and state governors and discussing how we can tap into outcomes.

The core institutions involved, the federal Ministry of Science and Technology, Agriculture, Health and others, will form a committee to drive the Summit outcome to develop the Nation. Institutions to drive the policies include the Nigerian Institute of Strategy; we have only 25 Agencies represented here and a one-day session scheduled for private sector drivers in the Nation. We are not closing borders; the platform is open for other sectors’ partnerships to fulfil our aims. One thing we have done differently is have a Think-Tank committee for the first time to tackle issues in line with President Tinubu’s mandate. The Think Tank committee would help the President provide solutions to several problems. We will also co-create solutions with Diasporas to engage and tackle challenges headlong.

Professor Sulaimon Elias Bogoro,Prof.Animal science and former Executive Secretary, TETFUND, at the Summit, Affirmed the roles of TETFUND in support of Educational Research in Nigeria, which, in other words, generated needed results in innovations and advancement. He said Nigeria’s research activities have been recognised by the African research field as number 6th. At the same time, it stands number one in the country due to our levels of integrity and structures. TETFUND has partnered with other ministries, such as MOU with the Ministry of Science and Technology. Cutting-edge innovations have been achieved via this partnership.
With 17 million Nigerians in the Diaspora, we need Data to use research and development to harness growth. What we want to do with all we have learnt at this Summit will determine the outputs of our activities here. There are lots of young people globally who are using cutting-edge innovations from our country. He stresses the essentials of the department in technology in research transfer innovation. He said we will have a research and development department at the University of Ibadan dealing with innovators in Diasporas.
In confirmations of institutions in the country that had received Grants in research, he mentioned Landmark and Redeemers University as significant institutions of Research Grants, but many still need to learn. In efforts to earn support for research innovations, he cited when he visited the Minister of Health residence for close to 2 hours of discussions on research and development in health sectors and looking forward to partnering with the Ministry to boost health innovations.
The Professor of Animal Science responded to Journalists’ questions on why there had been dwindled interest in research activities that it was because it’s not an activity you embarked on that guarantees you immediate results; you can start a little research and end up spending like 500 Dollars, so most people are not encouraged to do stuff like that. But we need to start somewhere; we are all aware that every Nation making so much progress breaks out from a resources-based to a knowledge-based economy. RDI is essential to the growth of any economy.
Those in the medical industry would understand that research is critical. Those with herbs had collaborated with researchers to fine-tune their activities. A few days ago, I heard someone mention bringing Innovation to Ado Bayero University (ABU) Zaria, which is a Chikabrown country breed, and that is a great innovation. However, we are so disappointed that there is no funding for the project. At FUNAAB University, they have FUNAAB-Alpha, an entirely new breed, sometimes non-scientific and very loud; when some say everything about GMB is wrong, I say no. Does it mean cross-breeding is wrong? Cause it’s also cross-breeding. In the content of effecting a change, In the Gene content of any Animal or plant, that is innovation, as it were. The lowest level is cross-breeding; at lower levels, we have animals that are F1 and are doing well. I want to confirm that significant innovations have gone out there. Still, the biggest challenge is our inability to recognise our intellectual properties and place them where they belong. Many brilliant scientists were also not rewarded for their innovative ideas beyond the laboratory. By increasing Research Grants, we would have great intentions. Most of the time, you hear many university lecturers discussing how to receive the next salary to feed their families because their salaries are not enough to cater for them. Nigerian professors’ salaries are equivalent to 300 dollars, while South Africa’s is 3000 dollars. These are issues that distract people; if we encourage, support and fund our Best and link with Industries in how we are recognised, things will improve.
You don’t rely on foreign nations’ results because they might not be willing to sell or share with you due to economic and political policies. Then it would be best if you did thorough research yourself. You are not independent of your needs until you can produce it yourself. It’s vital to know that this Summit is, therefore, seen promptly; hence, the 8-point Renew agenda of Mr President aligns with the Summit. When Mr President was inducted as Patron of the National Science Academy, he stated that every government policy and project would be subjected to scientific evaluations. Then, we can be sure that the outcome will last for the Nation.

AVM Jomo Osahon,Former Director General of the Defence Research Production Bureau, added his voice that there are many Military innovative activities that go unnoticed by the populace. He cited Instances of Lake Chad water that keep going down speedily, so people cannot navigate effectively on the water.
We met and discussed that we needed not just a flat boat but a unique boat that could go through marshy, mud or even shallow water, and I was tasked by the Air Chief Defence Staff to develop an Airboat innovation. It has been there, but the one we have is a unique one that would provide some level of protection for our soldiers and would also be a firepower that has never existed. We could design a boat in partnership with a company in Port-Harcourt to produce a prototype. The former President Buhari was excited to see it and commissioned us to produce 10 more. Let me tell you something unique that happened. At a military conference, some nations supporting us in the battle against insurgencies told us they learnt our Research and development department had produced an Airboat; they requested 100 pieces of them, or else they wouldn’t support us in battle anymore. This request falls on when the former President asked us to produce more. He asked for the time frame for production, and we told him soon; he approved and mobilised us with 50 per cent of the funds requested. So, innovations are happening in the country. Some of us must have heard of some aircraft bought by former president Goodluck Jonathan; those planes were not weaponised; we reached out to Germany, and those planes were Alfa jets, built by Germany and France. They requested 40 million Dollars for women’s evaluation alone. Some say it’s not possible to be weaponised. I travelled to Kainji with some of my engineering team and came up with the idea that we could do it. We developed a kind of Schematic drawing and computerised it so that when a particular bottom is pressed, you can imagine what the final outcome would be; we made a presentation to Air Marshall Sadiq Abubakar, who’s passionate about research and development in the Military, who he was so impressed and gave us go ahead. We bring the product out and comment somewhere like, this man, you have been given Vice Marshall already; what are you still looking for? Do you want to become the Chief or what?
The Germans said it was impossible, but you and your team have done it. As soon as we were mobilised, we had to come up with many models. They were tested and commissioned with only 5 Million Naira to weaponise the 4 Aircraft. Those Alfa-Jets are still flying today.

There are lots of scientific innovations going on and being achieved in the Military; it’s just that we don’t publish them due to policies.

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Tinubu Unveils $7bn Plan to Drive Ogun Deep Seaport, Special Economic Zone, Says Onanuga

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President Bola Tinubu has unveiled an investment package of more than $7 billion for the development of the Ogun State Blue Marine Special Economic Zone and the Gateway Deep Seaport, describing the projects as a major step towards strengthening Nigeria’s maritime economy and attracting foreign investment.

In a statement by his Spokesman, Bayo Onanuga, on Thursday, the President spoke in Paris, France, during the signing of Memoranda of Understanding between the Ogun State Government and DP World, a global ports and logistics operator, for the development of the projects.

Tinubu assured domestic and foreign investors that the Federal Government would continue to provide regulatory clarity, policy stability and a predictable business environment to support long-term investments in Nigeria.

“The agreements before us bring together vision, expertise, capital and execution capacity. I particularly welcome DP World, one of the world’s leading port and logistics operators,” the President said.

He added that the Federal Government would provide the necessary regulatory and institutional support to ensure that the projects moved seamlessly from agreements to implementation.

According to the President, the agreements are expected to attract an initial investment of more than $7 billion into the Nigerian economy and create over 50,000 direct jobs when fully developed, alongside additional indirect employment opportunities.

Tinubu said the projects would also generate non-oil export earnings and contribute to Nigeria’s economic diversification.

“This is economic diversification made tangible. This is industrialisation made visible. This is Renewed Hope in action,” he said.

The proposed Gateway Deep Seaport at Ogun Waterside will have a four-kilometre berth and an 18-
metre draft. The facility is expected to help decongest the Lagos port corridor and ease pressure on the Apapa and Tin Can Island ports.

The president said the deeper draft would enable the port to accommodate larger vessels while providing a competitive gateway for trade within Nigeria and across the African Continental Free Trade Area.

He noted that the proposed Ogun State Blue Marine Special Economic Zone would cover about 10,000 hectares and would be integrated with the deep seaport to support manufacturing, processing, exports and logistics.

“The Gateway Deep Seaport is the critical infrastructure that will support the zone’s viability. A port moves cargo; a port integrated with a special economic zone helps to build an economy. Each reinforces the other,” Tinubu said.

He said the Federal Government would facilitate road, rail and power connectivity to the projects, while strengthening investment security and the maritime domain and removing unnecessary bureaucratic obstacles.

The president also linked the projects to the Lagos-Calabar Coastal Highway, describing the Ogun section of the road as a critical transport connection for the emerging industrial and maritime corridor.

“The Lagos–Calabar Coastal Highway is central to this corridor’s commercial viability,” he said, adding that the 28-kilometre Ogun section of the 700-kilometre highway was scheduled for completion before the end of the year.

Tinubu said the port and industrial zone would also form part of a wider strategic corridor linking the proposed Nigerian Navy Operating Base and Dockyard with the OK LNG Project.

The President commended Ogun State Governor Dapo Abiodun and his administration for securing the land and structuring the investment framework.

“I commend Governor Dapo Abiodun and the government and people of Ogun State for securing the land, structuring the investment framework and reducing project risks for global investors,” he said.
Governor Abiodun led the Ogun State delegation at the signing ceremony, which also included state commissioners and other senior officials.

Senior representatives of DP World, the Nigerian Ports Authority and SkyKapital were also present at the event.

Tinubu urged Ogun State and the investors to maintain the momentum created by the agreements and move quickly towards implementation.

“Nigeria lies at the heart of West African trade. Yet, our strategic advantage has been constrained by port congestion, inadequate draft capacity and logistics bottlenecks that increase the cost of doing business. These projects respond directly to those constraints,” he said.

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Happy Birthday to Me! 🎂🎉

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Today, I celebrate myself and give all glory and thanks to Almighty God for the gift of life and for bringing me this far. I am grateful for the opportunity to be alive, healthy, peaceful, happy, and prosperous.

As I celebrate another year today, I pray for greater blessings, wisdom, good health, peace, success, and abundant prosperity in the years ahead.

May this new chapter of my life be filled with joy, favour, wonderful opportunities, and fulfilment of my heart’s desires.

Happy Birthday to me! 🥳🎉
Congratulations to me on this special day. 🙏❤️🎂

I wish myself many more happy and prosperous returns. Cheers to a beautiful new year of my life! 🥂🎉

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Update : Mambilla: Nigeria Wins $2.35bn ICC Arbitration, Tinubu Hails Buhari, Obasanjo

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The International Chamber of Commerce tribunal in Paris has ruled in favour of Nigeria in the arbitration brought by Sunrise Power and Transmission Company Limited over the Mambilla Hydroelectric Power Project in Taraba State.

President Bola Tinubu, in a statement issued on Thursday by his Special Adviser on Information and Strategy, Bayo Onanuga, said the tribunal rejected the claims by Sunrise.

The company had sought $680m from Nigeria as a settlement sum and interest in relation to a separate arbitration in which it is claiming more than $2.7bn in compensation and interest over disputes surrounding the development of the 3,960-megawatt Mambilla project.

However, the tribunal, as reported by The Cable, also dismissed Sunrise’s claim for $400m arising from the 2020 settlement agreement, according to the details of the award reported on Thursday.

It further ordered Sunrise and its promoter, Leno Adesanya, to reimburse Nigeria 75 per cent of its legal fees and expenses, amounting to $11.82m.

The tribunal also reportedly declared that Adesanya was bound by the arbitration agreement with Nigeria under the settlement agreement and its addendum and that it had jurisdiction over Nigeria’s counterclaim against him and his firm.

In the statement, Tinubu said the ruling demonstrated the government’s determination to defend the country’s interests.

“This latest decision affirms the Nigerian State’s determination not to succumb to predatory and exploitative claims by corrupt local and international entities and their enablers and funders,” he said.

The President commended the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, and officials of the Federal Ministry of Justice for their role in the case.

He also commended former President Olusegun Obasanjo and the late former President Muhammadu Buhari, who testified in the arbitration.

“I also commend the FRN defence team, led by Ms Elizabeth Oger-Gross and Mr Tolu Obamuroh, both of Paul Hastings LLP, for their professional and excellent defence of the country.

“I commend the patriotism and support of former President Olusegun Obasanjo, GCFR, and late President Muhammadu Buhari, GCFR, who testified in the case, which dated back to an illegal 2003 contract to build a 3,050-megawatt hydroelectric plant in Taraba State under a build-operate-transfer model.

“The Federal Executive Council never authorised the contract. I thank the other witnesses in this case, including former Ministers Babatunde Raji Fashola, SAN, and Suleiman Adamu, and the experts, for their active participation in defending Nigeria’s interest in the arbitration,” the statement read.

“I want to assure you that while our country remains committed to partnering with genuine investors and honouring its legal obligations, it will continue to defend all opportunistic claims instituted against our commonwealth strongly.

“Today’s ICC ruling clears the single biggest legal hurdle that has paralysed the Mambilla hydro power project for years,” Tinubu said.

The dispute dates back to an agreement under which Sunrise claimed it had been awarded the contract to construct the Mambilla project.

The company commenced arbitration against Nigeria at the ICC International Court of Arbitration in October 2017, seeking about $2.354bn over an alleged breach of contract.

The parties later entered into a settlement agreement in 2020, under which Nigeria was to pay Sunrise $200m.

A subsequent dispute arose after the government did not make the payment, leading to another arbitration in which Sunrise sought $400m, comprising the $200m settlement sum and a $200m default payment.

In Thursday’s award reported by The Cable, the tribunal rejected Sunrise’s claim that Nigeria had breached its obligations under the settlement agreement and its addendum.

It also rejected the company’s demand for the $400m settlement and default sums.

The Cable reported that the tribunal fixed the arbitration costs at $1.6565m, with Sunrise and Adesanya responsible for 75 per cent and Nigeria for 25 per cent. Of the $11.82m in legal fees and expenses awarded to Nigeria, $2.5m is to be recovered from funds held in escrow by the ICC, while the remaining $9.32m is payable by Sunrise and Adesanya, with interest at 10 per cent annually, compounded annually, from notification of the final award until payment.

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