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FG Records Breakthrough in Oil and Gas R&D, Commissions Gas Leak Detection Device, Printed Circuit Board Facility

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) on Thursday marked a breakthrough in the research and development landscape of the Nigerian oil and gas industry with the commissioning of Amal Technologies Gas Leak Detection Device and Printed Circuit Board Manufacturing Facility at Idu, Abuja.

The commissioning was performed by the Minister of Solid Minerals, Mr. Dele Aleke, the Minister of State for Youth Development, Mr. Ayodele Olawande and the Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe.

The project was initiated by Amal Technologies Ltd and it received financial and institutional support from the NCDMB, then under the leadership of the immediate past Executive Secretary, Engr. Simbi Kesiye Wabote, who spearheaded the Research and Development roadmap as a key element of Nigerian Content development in the oil and gas industry.


In his remarks at the ceremony, the Minister of State for Petroleum Resources, Senator Heineken Lokpobiri described the commissioning as a significant landmark in the nation’s quest to promote a research culture through the nurturing of innovation-driven startup companies, adding that it represents a breakthrough in local manufacturing of electronic circuitry and devices. 

Represented by the Director Upstream in the Ministry of Petroleum Resources, Engr. Kamoru Busari, the Minister noted that Amal Technologies was one of the proposals that have benefited from the NCDMB Research and Innovation intervention.

He indicated that the innovation adopted the Internet of Things (IOT) technology to introduce into the market a device that generates a short message system (SMS) and calls on the phones of homeowners in the event of a gas leak. The facility equally has the capability for Printed Circuit Board (PCB) manufacturing, he added.
  
The Minister noted that the deployment of the gas leak detection device provided a significant safety tool that will accelerate the adoption of gas as a preferred source of energy for homes, transportation, and industry.  He further pointed out that the job creation potential of Amal Technologies is critical to the creation of a circular economy and aligns with Mr. President’s 8-point agenda for economic recovery.

In his keynote address, the Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe stated that the smart gas leak detector research was just a proposal submitted to the Board in 2018. He stated that “the idea was nurtured through the NCDMB incubation process hosted in the Board’s Technology Innovation and Incubation Center (TIIC).

He affirmed that “the recurring menace of gas leaks and explosions leading to heavy losses in human lives, property damage, and pollution of the environment is the problem statement that the device seeks to address.” 

According to the Executive Secretary, Nigeria’s development priorities were trending towards gas-based industrialization with an exponential increase in gas utilization, hence it had become compelling to deploy safety and preventive tools such as the Amal smart gas leak detection to ensure the safety of lives and properties as the citizens embrace gas usage. 

Dwelling on PCB Manufacturing, the NCDMB’s new boss mentioned that electronics accounted for the largest online spending in Nigeria in 2022 and the Amal technology facility will provide the springboard for the replacement of imported PCBs with locally produced PCBs, in line with the Board’s vision to be the catalyst for the industrialization of the Nigerian economy and its linkage sectors. 


“The facility will also generate employment opportunities, pay due taxes, and provide a critical platform for instrumentation and electronics-related Research and development,” he said. 

On why the Board invested in Amal Technologies, he explained that NCDMB had developed a strategic roadmap and focussed on the establishment of dedicated funds to support Research, the inauguration of the Nigerian Content Research Council & Technical Advisory Board, and the establishment of Research centers of Excellence among others. 

The need to focus on research commercialization, he added, is amplified in the NCDMB Technology Innovation and Incubation policy, which created the TIIC inside the Nigerian Content Towers Yenagoa.

The Chief Executive Officer of Amal Technologies, Mr. Shehu Tijani Abdullahi recalled how he secured the Board’s support for the project without having any prior relationship with any member of the agency’s management.

 He affirmed that “the NCDMB is not about having connections or knowing someone at the top. It is about a team of people that are dedicated to the success and progress of local content in Nigeria.

Their firmness and dedication to local content continue to give me hope for the country of Nigeria.”


He noted that Amal Technologies had in three years, secured two patents and disrupted traditional approaches to research and development, expressing hope that with the full support of NCDMB, the company would make lasting contributions to various sectors of the economy, including oil and gas, power, agriculture, and beyond.

Beyond producing the Gas Detection device, the chief executive confirmed that the “facility has the capacity to produce over two million Advanced Smart Electric Meters— a significant contribution to the federal government’s National Mass Metering Program (NMMP).

This initiative aligns with the company’s commitment to address the current challenges in electrical metering in Nigeria and supporting the government’s efforts to ensure a reliable and efficient power supply.”

He also stated that the facility holds immense potential for other sectors, including automobile manufacturing, medical advancements, telecommunications, agriculture, and more.
In his comments, the Director, Monitoring and Evaluation at the NCDMB, Alhalji Abdulmalik Halilu remarked that the Board subjected the innovation to detailed regulatory processes and proof-of-concept checks before deciding to take equity in the project.


He mentioned that the business case showed that the facility had the potential to create over 400 jobs, from the conception to production stages and its annual turnover prospects is about N9.3bn.

He confirmed that the project’s structure is sustainable and consistent, hinting that the Board soon would be unveiling similar innovations that it had incubated.

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NiMet And FUPRE To Partner On Weather Observation, Research And E-Learning

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NiMet And FUPRE To Partner On Weather Observation, Research And E-Learning

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Nigerian Meteorological Agency (NiMet), is to collaborate with the Federal University of Petroleum Resources Effurun (FUPRE),Delta state, on weather observation, research and e-learning.

Left to Right: Professor Charles Anosike, Director-General and Chief Executive Officer of NiMet, and Professor Akpofure Rim-Rukeh, Vice Chancellor, Federal University of Petroleum Resources Effurun (FUPRE), Delta state, at the signing of a Memorandum of Understanding (MoU), between NiMet and the university on Thursday, 16th May 2024.

This was disclosed by the Director-General and Chief Executive Officer of NiMet, Professor Charles Anosike, on Thursday, 16th May 2024, at the signing of a Memorandum of Understanding (MoU), between NiMet and the university.

Professor Anosike observed that oil companies have weather stations spread across the shores of Nigeria, which are illegal according to the new NiMet Act. He said that these weather stations need to be registered with NiMet in compliance with NiMet Act and solicited the collaboration of the University to achieve this.

Speaking further, Professor Anosike noted that the partnership with the petroleum institution will not only help improve data gathering on climate risk in the area, but also strategically make NiMet become the centre of excellence in disseminating the risk to the oil and gas sector.

“I will like the Federal University of Petroleum Resources Effurun (FUPRE), to take advantage of NiMet’s e-learning services that will soon be unveiled. It would actually fast-track introduction of joint courses between FUPRE and NiMet”, Professor Anosike concluded.

On his part, the Vice Chancellor of FUPRE, Professor Akpofure Rim-Rukeh disclosed that the institution expects support from NiMet in the installation of observatory stations, training personnel on generation of weather data that can support research, journals and academic publications and other good interventions that will impact on the university and its environment.

Amongst other things, the MoU aims to establish a collaborative framework between NiMet and FUPRE for joint efforts in research, training and promotion of activities relating to meteorology/climatology and climate change in Nigeria. Specifically the MoU will have NiMet Install its observatory station known as Resident Observatory Station (ROS) in suitable locations within FUPRE for the purpose of carrying out meteorological activities.

The MoU signing was witnessed by the Director, Legal Services of NiMet, Barr. Shola Gabriel and other staff of the Agency. The Vice Chancellor of FUPRE, Professor Akpofure Rim-Rukeh signed on behalf of the Federal University of Petroleum Resources Effurun (FUPRE) , Delta state, while Professor Anosike signed on behalf of NiMet.

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Tax Conference: Sanwo-Olu, Zulum, Amosun, Other Experts Seek Transparent Tax System to Boost Internally Generated Revenues

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Tax Conference: Sanwo-Olu, Zulum, Amosun, Other Experts Seek Transparent Tax System to Boost Internally Generated Revenues

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Lagos State Governor, Mr. Babajide Sanwo-Olu, and his counterparts from Sokoto and Borno States have emphasised the need to make the country’s tax system more transparent and accountable to Nigerians to boost confidence and voluntary compliance.

The governors made the call at the ongoing 26th Annual Tax Conference organized by the Chartered Institute of Taxation of Nigeria (CITN) in Abuja, with the theme, “Sustainable Tax Culture and Economic Roadmap for Nation Building”.

Speaking at the conference, Governor Sanwo-Olu who was represented by his Special Adviser on Taxation and Revenue, Mr. Abdul-Kabir Opeyemi Ogungbo, said the theme of the Conference was apt and timely given that Nigeria, like many other nations, is currently facing significant economic challenges.

While underscoring the crucial role of a transparent and efficient tax administration in fostering confidence and voluntary compliance among taxpayers, he emphasized the necessity for citizens to witness tangible outcomes from their tax contributions, highlighting the pivotal role taxes play in fueling public services and infrastructural development.

Sanwo-Olu stressed the shift in mindset needed, urging taxpayers to view tax payments not as a burden but as an investment in a better future for Nigeria.

He said building a strong and sustainable future through a robust tax system that fosters economic growth and development had become inevitable.

Sanwo-Olu said, “We must all understand the crucial role taxes play in building a better Nigeria for ourselves and for generations to come.

“The theme also highlights the need for a clear economic roadmap which should take note of the architecture of our developmental ideologies as they are designed to provide the government with the necessary resources to cater for the social needs of its citizens, therefore we need a tax system that incentivizes investment, job creation, and economic diversification.

“We need to explore innovative ways to expand the tax base while fostering a business environment that allows our economy to thrive. The good news is that Nigeria is already taking positive steps in these directions. The recent efforts to streamline state-level taxes and the focus on integrating the growing remote workforce into the tax net are commendable initiatives.”

The governor said, “The CITN plays a vital role in fostering this vital shift. Your commitment to professional excellence and education is instrumental in ensuring a tax system that is fair, efficient, and promotes economic development.”

However, former Governor of Ogun State, Senator Ibikunle Amosun, who declared the conference open, while stressing the need to prioritize growing Internally Generated Revenue (IGR) over relying solely on borrowing to fund national and sub-national budgets, said borrowing to fund the budgets was not the way to go amid the current national economic challenge when “our nation and its constituent states and local governments are going through very difficult times and finding it hard to provide for its teeming populace, acceptable standards of living, employment with the growing population of youths, infrastructure and basic amenities that will make life more meaningful”.

Governor Babagana Zulum of Borno State criticized inefficiencies and corruption in the current tax administration system.

Zulum, represented by the Deputy Governor of Borno State, Umar Kadafur, highlighted the shortcomings of the current tax system, including tax evasion, avoidance, and lack of transparency.

He called for critical reforms to address these issues, including tackling corruption in both the oil sector and governance system. He criticized the political protection of tax evaders and emphasized the importance of transparency and accountability in tax administration.

While calling for critical reforms, he lamented the manipulation and connivance of multinationals with tax administration to short-change the system, he added that this represented one of the hallmarks of corruption in both the oil and governance system.

In his remarks, the Governor of Sokoto State, Ahmad Aliyu Sokoto, said the conference will greatly assist in exploring innovative ways of improving revenue generation in the country.

He said the economic and revenue challenges had made it difficult for governments at all levels to implement their people-oriented programmes, thus the need for the government to devise a means for more funds to provide the dividends of democracy to the people.

The governor said taxation remained a veritable source of resource mobilization for the government adding that his administration would work with CITN to boost IGR in the state.

The Auditor-General for the Federation (AuGF), Mr. Shaakaa Chira, said the country’s tax system was plagued by instances of tax evasion especially by the upper class, multiple taxation and inability to properly account for taxes collected by administrators.

The Chairman of the conference planning committee, Dr. Adeyemi Sanni, noted that for Nigeria to achieve meaningful fiscal development over the long term, it is imperative to establish a tax culture that can withstand economic fluctuations and challenges.

President and Chairman of the CITN council, Mr. Samuel Agbeluyi, emphasized the importance of investing in technology and people at the subnational level to effectively track revenues in the digital space, including cryptocurrency. This, he believes, will help maximize government revenue flow.

Mr. Agbeluyi stressed the need to provide support to revenue authorities through financial and administrative autonomy, empowering them to effectively administer taxes as he noted it is clear that a strategic approach to revenue management is crucial for the overall financial health of the government.

The CITN boss stated further, “This is a thought-provoking topic that requires all of us to put on our thinking hats. As we deliberate, we must recognize that our nation faces significant challenges. Our current economic realities as a country are multifaceted, despite efforts to improve the narrative by the current government.

He said, “The 2024 budget of “Renewed Hope” as we know relies significantly on non-oil revenue, and this trend is expected to continue in the future. Therefore, building a sustainable tax culture capable of significantly improving our tax revenue performance for an effective. economic and capital formation becomes a top priority.”

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Nigeria DigitalSENSE forum @15, gets June date

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Nigeria DigitalSENSE forum @15, gets June date

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The date for the 2024 Nigeria DigitalSENSE Forum on Internet Governance for Development (IG4D) has been unwrapped for Thursday, June 27, by organisers, ITREALMS Media group.

Disclosing this, the Lead Consulting Strategist, DigitalSENSE Africa and Group Executive Editor, ITREALMS Media, Mr. Remmy Nweke, said that this year’s edition marks the 15th edition of Nigeria DigitalSENSE Forum on IG4D series and comes with the theme “IG4D: Innovative Digital Economy & Safer Civic Space in Nigeria” at the prestigious Welcome Center Hotels, International Airport Road, Lagos.

Nweke recalled that in 2009, the Nigeria DigitalSENSE Forum (NDSF) series on Internet Governance for Development made a debut and ever since has been steadfast in rallying stakeholders to take discourse on Internet access, openness, affordability, connectivity and ICT infrastructure among others.

This year, he also said, as NDSF marks 15th years of impacting various Nigeria’s economic sector with yet another series on the theme: IG4D: Innovative Digital Economy and Safer Civic Space in Nigeria.

“It will also be a time for recognition of corporates and individuals for their contributions in deepening Internet penetration, improving access and affordability as well as technological adaptation that begets digital sense in our society,” Nweke said.

NDSF series on IG4D, powered by ITREALMS Media group is hosted by DigitalSENSE Africa, an At-Large Structure (ALS) certified by the Internet Corporation for Assigned Names and Numbers (ICANN), in collaboration with relevant stakeholders including Internet Society (ISOC), Nigeria chapter, Nigerian Communications Commission (NCC), Internet Exchange Point of Nigeria (IXPN) among others.

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