Business
NOTAP Launches Technology Storyboards, Soon
The National Office for Technology Acquisition and Promotion (NOTAP) is to launch technology storyboards project for primary and secondary schools before the end of 2012.
Its Director-General, Dr Umar Bindir made this known on Sunday in Abuja in an interview with newsmen.
Bindir explained that the storyboard is a project initiated by NOTAP to demonstrate with pictures, how technology is deployed in the production of certain goods from the raw material stage to finished products.
He said that the idea was to post such storyboards on walls in primary and secondary schools so that the child begins to see and understand how some products such as the powdered milk are made.
He said that such would make the child not to be completely technologically adamant as well as expose him or her to begin to personally want to inquire into how things are made.
He said that Nigerians had been consuming liquid milk in tins for more than 40 years and powdered milk as well for a long while, stressing that most children did not seem to know where milk came from.
“Where does milk come from? It comes from cow so our children know the source and they are drinking milk in powder but they would never have imagined that it is this milk that has become this powder that they are using.
“So we produce a technology storyboard: from the cow, it is evaporated, and we put vitamins and minerals and it is the powdered milk you are drinking.
“So we want to see children say: ‘Hey! Is this true?
“The next like condiments: this, every child knows because his or her mother is using it but actually it starts from soybeans: their mother also is the same people who are going to the farm to go and bring the soybean.
“So this secret hidden, we want to unleash it: so from the soybeans we clean it, we soak it, we ferment it, we dry it and mix it and then it becomes magi.’’
Bindir explained that the agency planned to create technology storyboards on more than 50 processes of transforming local raw materials into finished products consumed by Nigerians.
He said that the initiative was more like a teaching tool but it would have been time consuming trying to develop a curriculum to teach processes; which is why NOTAP chose to deploy the storyboards.
“We have got more than 50 of these from gas that is being flared to plastic chairs, from rocks and sand to cement, from aluminum dug out of the soil to aluminum foil.
“So let me have a child passing this board for six years in primary school not understanding that things transform, things change.
“I want to see children saying mummy: do you know how this plastic bottle is made? And the child would say well mummy it’s from the gas that is flared, you capture it and you crack it using chemistry.
“It is the same storyboard that continue going with you until you graduate to university.
“So we have now gotten it, we got the school headmasters and teachers to come and we discussed about it as a teaching tool and am happy to report that we have now gotten the pictorials; cleaned up, all these 50 ready.’’
The director-general explained that the only thing left was to pay courtesy visits to ministers of education and science and technology to showcase the storyboard.
“If we don’t do it by the end of this year, by January or February we would be witnessing these things being pinned to the walls of primary and secondary schools.’’
Business
SMEs Dev: Firms Launch N100m Loan Scheme
The facility will be disbursed through participating Microfinance Institutions (MFIs), which will in turn extend the loans to their customers, particularly SMEs, as they directly interface with businesses at the grassroots level.
The Executive Director of COMCIN, Mr. Micheal Ogbaa who represented the Chairman, Dr. Iredele Oyedele (FCA, FCCA), said the initiative is designed to strengthen micro-lending institutions and expand access to finance for grassroots entrepreneurs, particularly women and youths in the informal sector.
Ogbaa explained that COMCIN does not lend directly to individuals but works through its network of microfinance and cooperative institutions, which in turn provide loans to end users.
“We came together to advocate for the microfinance ecosystem. Commercial banks often exclude people at the grassroots, but our members are positioned to reach them. This facility will empower them to do more,” he said.
He noted that the loan scheme offers low interest rates and flexible repayment plans, making it more accessible to small business owners.
According to him, about 90 percent of beneficiaries are expected to be women, who play a key role in sustaining families and driving economic activities at the local level.
“Our focus is on traders, service providers, and players in the informal sector. These are the real movers of the economy. By supporting them, we are strengthening families and contributing to national development,” he added.
Ogbaa disclosed that eligible SMEs with proven integrity and business track records could access up to N5 million each through participating micro-lending institutions. The rollout has commenced in Lagos and will extend to Abuja, Enugu, and other regions, including the South-West, South-East, and North-East.
He said 12 micro-lending institutions have already benefited from the scheme, while 85 applications are currently being processed under the pilot phase.
“Our target is to reach at least 100,000 SMEs nationwide. We are building a platform that connects funding partners with credible micro-lending institutions, creating a reliable channel for financial inclusion,” Ogbaa said.
He added that COMCIN is also working to attract larger funding pools from development finance institutions and private investors, noting that successful implementation of the pilot phase would boost confidence and unlock more capital for SMEs.
“We have seen encouraging testimonies from early beneficiaries. As we demonstrate transparency and efficiency, more institutions will be willing to channel funds through us,” he said.
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