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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

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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SWITZERLAND PLEDGES SUPPORT FOR NIGERIA’S BID FOR IMO CATEGORY ‘C’ SEAT, Says Oyetola

Nigeria’s quest to secure a Category ‘C’ seat on the International Maritime Organization (IMO) Council for the 2026/2027 biennium received a major boost today as the Government of Switzerland formally pledged its support.
The Honourable Minister of Marine and Blue Economy, H.E. Adegboyega Oyetola, CON, received the letter of endorsement during a courtesy visit by the Swiss Ambassador to Nigeria, H.E. Patrick Felix Egloff, at the Ministry’s headquarters in Abuja.
Expressing his delight, Oyetola described the Swiss government’s backing as “a significant milestone in Nigeria’s campaign and a strong testament to the Federal Government’s commitment to upholding international maritime standards.”
According to the Minister, Nigeria’s election into the IMO Council would further strengthen global efforts towards building “a more robust, safe, and sustainable maritime industry.”
Highlighting Nigeria’s maritime potential, Oyetola disclosed that the country boasts 200 nautical miles of Exclusive Economic Zone and an extended continental shelf of 16,300km, positioning it as a strategic maritime nation.
“With these vast endowments, Nigeria, by any standard, is a maritime nation. That’s why the Ministry, in collaboration with the World Bank, AU-IBAR, the Kingdom of Norway, and other stakeholders, has developed a comprehensive National Policy on Marine and Blue Economy capable of standing the test of time,” he stated.
Oyetola further revealed that the Federal Government is adopting a Public-Private Partnership (PPP) model to drive rapid investments in the maritime sector. These include inland waterways development, supply of boats, dredging, and navigation infrastructure.
On maritime security, the Minister emphasized the success of the Deep Blue Project, Nigeria’s state-of-the-art surveillance initiative:
“For the past three years, there has been zero piracy in our waters, and we’re committed to sustaining this achievement. We’re also working with other Gulf of Guinea countries to extend safety and security beyond our national waters.”
In his remarks, Ambassador Egloff noted that Switzerland’s decision to endorse Nigeria followed an earlier request from the Ministry in April 2025.
“I’m very glad to convey this letter of support. Switzerland is very happy to stand with Nigeria. You’re a strong candidate, and we appreciate your commitment to multilateralism and the maritime sector. Nigeria plays a very important role globally,” he affirmed.
With Switzerland’s endorsement, Nigeria’s campaign for the IMO Category ‘C’ Council seat gains further international momentum ahead of the elections slated for October/November 2025.
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Update : JUST IN: Tinubu returns after Japan, Brazil trips

President Bola Ahmed Tinubu returned to Abuja around 1:20am on Thursday after concluding a three-day state visit to Brazil that yielded a raft of bilateral agreements and high-level engagements aimed at deepening Nigeria’s economic and diplomatic ties with South America’s largest economy.
The President, who arrived aboard the presidential jet, was received at the Presidential Wing of the Nnamdi Azikiwe International Airport by a high-powered delegation of political leaders and senior government officials.
Among those present were Governors Caleb Mutfwang (Plateau); Uba Sani (Kaduna); Hope Uzodinma (Imo) and AbdulRahman AbdulRazaq (Kwara).
Also on hand to welcome the President were Speaker of the House of Representatives, Tajudeen Abbas; Deputy Senate President, Barau Jibrin; Chief of Staff to the President, Femi Gbajabiamila; National Security Adviser, Nuhu Ribadu; and some Ministers, including Nyesom Wike (FCT); Abubakar Atiku Bagudu (Budget and Economic Planning) and Bello Matawalle (Defence, State).
President Tinubu’s visit to Brazil was marked by the signing of five Memoranda of Understanding (MoUs) covering aviation, trade, science, diplomacy, and finance.
At a joint press conference in Brasília, he welcomed the imminent return of Petrobras, Brazil’s state-owned oil giant, to Nigeria—five years after it halted its joint ventures.
“We have the largest gas repository. So I don’t see why Petrobras doesn’t join as a partner in Nigeria as soon as possible. I appreciate President Lula’s promise that this will be done,” he said.
The agreements also included a Bilateral Air Services Agreement, paving the way for direct flights between Lagos and São Paulo, to be operated by Air Peace.
Other MoUs targeted political consultations, scientific collaboration, and agricultural financing through Nigeria’s Bank of Agriculture and Brazil’s National Bank for Economic and Social Development.
Beyond the MoUs, President Tinubu underscored his administration’s economic reforms, assuring Brazilian investors of a stable, transparent financial climate.
He cited Nigeria’s capital market growth as evidence of renewed investor confidence and pledged continued reforms to “unlock capital, protect investors, and drive innovation.”
In a meeting with Nigerians in Brazil, Tinubu called on the diaspora to contribute actively to nation-building, pledging technology-driven development and food security as the pillars of a prosperous future.
“We must bring Nigeria to the forefront of Africa’s progress, driven by technology, food sovereignty, and the courage to change our destiny,” he told the gathering.
The visit, which featured red-carpet honours, bilateral meetings with President Luiz Inácio Lula da Silva, and cultural engagements, signalled what both leaders described as a new era in Nigeria–Brazil relations.
Tinubu’s state visit to Brazil was preceded by his participation at the recently concluded ninth edition of the Tokyo International Conference on African Development (TICAD9).
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Symbolic gestures to tangible cooperation, Air Peace clearance, Oil giant Petrobras return is key gain of Tinubu’s Brazil visit, Says Onanuga

……Air Peace clearance for Lagos-Sao Paulo direct flights excites President
The return of Brazil’s oil giant, Petrobras, to Nigeria’s upstream is a major breakthrough recorded by President Bola Ahmed Tinubu’s two-day state visit to the largest economy in South America, Minister of Information and National Orientation Mohammed Idris said yesterday.
Besides, Nigeria’s largest airline, Air Peace, was given the right to commence Lagos-Sao Paulo flights to underscore the renewed economic and cultural ties between the two countries.
Sao Paulo is Brazil’s economic powerhouse and largest city.
Air Peace Chief Executive Officer, Allen Onyema, said the airline would deploy a Boeing 777 from its fleet to service the route.
A symbolic flight was planned for last night.
These agreements are part of the Memoranda of Understanding (MoUs) signed by the two countries during the President’s third visit to Brazil in less than one year.
His two earlier visits were on invitations extended to Nigeria by G-20 and BRICS.
“Air Peace is now cleared to run flights between Lagos and Sao Paulo”, Brazilian President, Luiz Inácio Lula da Silva, declared to the excitement of President Tinubu at a joint news conference at the Palácio do Planalto in Brasília to round off the visit.
According to Presidential spokesman, Bayo Onanuga, President Tinubu said the resumption of Petrobras’ operations five years after it halted joint ventures in Nigeria, would reignite economic cooperation in the energy sector.
“We have the largest gas repository. So, I don’t see why Petrobras doesn’t join as a partner in Nigeria as soon as possible. I appreciate President Lula’s promise that this will be done as soon as possible,” Tinubu said.
The President praised his Brazilian counterpart for committing to revitalising the partnership between the two nations.
“Nigeria’s economic space remains a virgin land, full of opportunities for Brazilian companies,” Tinubu said, while acknowledging Embraer’s role in boosting local airline operations through plans for a service centre in Nigeria to support maintenance and repairs.
Reflecting on his past engagements in Brazil, Tinubu urged a shift from symbolic gestures to tangible cooperation.
“Honourable Ministers of both countries, members of the Brazil Business Group, I have listened carefully to my friend, President Lula. We had a lengthy discussion. We talked about history and about African and Brazilian heritage.
“We tried to see why we are not at the level we wanted. We have allowed some problems and activities in the past to deter us from making progress and fulfilling our promises. But today, we say that is the end of that,” he said.
Tinubu stressed Nigeria’s readiness to partner Brazil in technology transfer, food security, renewable energy, and manufacturing.
“Today, we are fighting and working hard to bring our sovereignty to the level of expectation that we, as a nation, the most populous, the most dynamic country, share with Brazil. We need to share—technology transfer, energy, economy — so Brazil can continue to widen opportunities for us to embrace Africa. Africa is the new frontier,” he said.
The President also called for knowledge sharing in pharmaceuticals, saying “we have elevated this promise to the path of reality, as you have seen in various MOUs. I don’t know why the manufacturing of generic drugs, which Brazil has done deeply and far, cannot be in Nigeria.
“I don’t see why the technological superiority of Brazil is not shared with Africa. We assured each other that only we can develop our economies to help our sovereignty”, President Tinubu said.
Highlighting the reforms at home, Tinubu assured Brazilian investors of a new era in Nigeria’s economy.
“The reforms I’ve embarked upon since I took over in Nigeria have been very impactful. It was initially painful, but today the result is blossoming. It’s getting clearer to the people. We have more money for the economy, and there will be no more corruption.
“We have the governor of the Central Bank of Nigeria here. You don’t have to know him before getting the foreign exchange you need. The speculators are out. In our currency market, the door is open for businesses,” he said.
President Lula described the renewed Brazil–Nigeria engagement as timely in an era of rising protectionism.
“At a time when protectionism and unilateralism have returned, Nigeria and Brazil reaffirm their bet on free trade and productive integration. We continue to be dedicated to building a world of peace, free from hegemonic impositions.
“There are many possibilities for synergy between the world’s two largest countries with black populations. Agriculture and livestock, oil and gas, fertilisers, aircraft, and machinery, among others, represent wide avenues for cooperation.
“Increasing direct connections between Nigeria and Brazil is another essential step to strengthen the ties between our societies. We have approved the launch of a direct flight, to be operated by Nigeria’s largest airline company, Air Peace, between Lagos and São Paulo,” he said.
The following MoUs were signed between the two countries:
*Bilateral Air Services Agreement by Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, and Brazil’s Minister of Ports and Airports, Silvio Costa Filhos.
*Diplomatic Training Cooperation and MoU on political consultations were signed by Minister of State for Foreign Affairs of Nigeria, Ambassador Bianca Odumegwu-Ojukwu, and her Brazilian counterpart, Ambassador Mauro Vieira.
Nnaji, and Brazil’s Luciana Santos.
*The Managing Director of Nigeria’s Bank of Agriculture, Ayo Sotinrin, and Brazil’s Minister for National Bank for Economic and Social Development (BNDES), Aluísio Mercadante, signed an MOU for cooperation on trade and investment promotion, harmonising efforts to expand agricultural financing, investment, and joint projects.
Nigeria is currently Brazil’s 49th largest export destination, with trade between both countries reaching $2.1 billion in 2024.
Following the agreements, President Tinubu attended a state luncheon, hosted at the Itamaraty Palace.
Mohammed Idris: BASA to deepen ties
Minister of Information and National Orientation, Mohammed Idris, described the Bilateral Air Services Agreement (BASA) signed between Nigeria and Brazil as a significant breakthrough that will reconnect the two countries economically, socially, and culturally.
He described BASA as representing more than aviation.
“The 350 years of slavery between Africa and Brazil is being looked at again by the two leaders. And one way of looking at it is to ensure there is now a reconnection – economic, financial, social, cultural, whichever sphere. I think this is the best way to really go past what has happened during the period of slavery,” the minister said.
He noted that President Tinubu’s fourth meeting with President Lula in just over a year underscored the growing partnership between the two nations, which he said would also benefit Africa.
The minister said immediate “quick wins” from the agreement were already being realised, with a symbolic flight planned from Brazil to Abuja at midnight on Tuesday.
He noted that the direct link would reduce travel time between the two countries from more than 24 hours through European routes to about seven hours.
“Once this becomes commercially viable, it will not just enhance trade between the two countries, it will also improve the cultural and social cooperation that already exists,” he added.
Onyema, who described the BASA agreement as “a milestone,” said: “We cannot start daily flights for now, but we want to start with three weekly flights. As we go on, we develop the route and we’re going to increase the frequency. We told the Brazilians that we want to do Lagos, Rio, São Paulo and back to Lagos”.
The Air Peace chief emphasised that aviation would serve as a catalyst for unlocking the economic potential of both nations.
“The Brazilian economy is the largest in Latin America. The Nigerian economy is one of the largest in Africa. They need to tap into this. But without aviation, it’s very, very difficult for some of these things to be actualised,” Onyema said.
Boeing 777 for route
Speaking in an interview, Onyema said: “Nigerian aviation is grateful to President Tinubu for all he has been doing for the industry.
Air Peace has had long relation with Brazil as the biggest customer to Brazillian airplane maker, Embraer.
Air Peace signed a firm order for 13 Embraer E195-E2 jets in 2019, with the delivery of the first aircraft in early 2021. This was part of a larger agreement that included purchase rights for 17 additional aircraft of the same type, bringing the total potential order to 30 jets. The airline is the first African carrier to operate this new generation of Embraer aircraft.
Besides buying aeroplanes, Air Peace is fine-tuning strategies for the setting up of an aircraft maintenance facility in Nigeria.
Embraer, a few years ago, unveiled plans to establish an MRO (Maintenance, Repair, and Overhaul) facility in Nigeria, in partnership with Air Peace. This initiative is part of a broader maintenance deal with the Nigerian airline to provide local maintenance support for its growing fleet of Embraer aircraft, aiming to conserve foreign exchange for airlines and create jobs in Nigeria.
As one of Nigeria’s biggest flag carriers , Air Peace is designated on Lagos/ London, Dubai, Johannesburg, Tel Aviv, China, Mumbai, Antigua and Barbuda,
Air Peace serves 20 major cities in Nigeria and many regional destinations throughout West Africa (Accra, Dakar, Douala Freetown, Banjul, and Monrovia.
Petróleo Brasileiro S.A., better known by and trading as the portmanteau Petrobras, is a Brazilian majority state-owned multinational corporation in the petroleum industry headquartered in Rio de Janeiro. The company’s name translates to Brazilian Petroleum Corporation — Petrobras.
Petrobras began operations in Nigeria in 1998 in the deep waters off the Niger Delta. It sold its stakes more than 10 years ago to raise cash for domestic projects. Since then, Nigeria has been working to address some of the problems that have limited oil and gas output.
Petrobras stopped business in Nigeria five years ago.
The company was ranked #71 in the 2023 Fortune Global 500 list. In the 2023 Forbes Global 2000, Petrobras was ranked as the 58th-largest public company in the world.
Petrobras was created in 1953 under the government of Brazilian president Getúlio Vargas with the slogan “The Oil is Ours”. It was given a legal monopoly in Brazil.
In 2000, Petrobras set a world record for oil exploration in deep waters, reaching a depth of 1,877 metres (6,158 ft) below sea level. In 2002, Petrobras acquired the Argentine company Perez Companc Energía (PECOM Energía S.A.) from the Perez Companc Family Group and its family foundation for $1.18 billion.
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