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Experts Harp On Commercialisation Of Research Findings

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Experts have urged the Federal Government and research institutes in the country to take advantage of indigenous Research and Development (R&D) outcomes for commercial purposes in 2013.

The experts, who made the call in an interview with newsmen in Abuja, said it was high time research results were taken off the shelves of research institutes and implemented for commercial purposes.

One of the experts, a cowpea breeder at the Institute for Agricultural Research, Ahmadu Bello University (ABU), Zaria, Prof Mohamed Faguji Ishaku, decried a situation whereby researchers worked hard to carry out researches only for the studies to be dumped on remote shelves.

Ishaku said there was need for government to put in place necessary polices that would encourage the implementation of the results of the research and make them commercially viable projects. · “You know government also funds these researches, but government has another responsibility to come up with polices that will make it easy for these technologies to be deployed because they are for the overall enhancement of the livelihood of our people and make the country richer.

“So, necessary policies must be not only generated but must be implemented to the letter so that these technologies are taken out of the shelves of research institutes and then put into money-making ventures.

“If these policies are not there, they may not allow the adoption of these technologies; and until and unless we look at our policies, review them and target them towards enhancing the adoption of our local technologies, we shall continue to have a gap.’’ He also called for the review of available research results to ensure that those with greater potentials were implemented.

“We need to re-examine the relevance of a number of things which may have a far-reaching effect on the adoption of technologies that could revolutionise the economy of our country. It has to be in a holistic way. “We have to come as a nation to holistically view the potentials of our different technologies and the inputs that require them to be deployed effectively.

“At the end of it all, we are going to reap bigger profits as a country and the well-being of our people will be improved much more than it is right now.’’ . Also speaking with newsmen,  the Director-General, Nigerian Building and Road Research Institute (NBRRI), Prof Danladi

Matawal, said unless Nigeria took advantage of the results of its researches commercially, it would be difficult for the country to stop importing finished products. Matawal said the commercialisation of research results would create job opportunities and create wealth for the citizens.

He stressed the need for industries to support research activities in the country through the commercialisation of the outcomes of such research findings.

“You can only make headway through sponsorship of research, emphasies on science, technology and innovation. In some countries, policies are guided by science and technology.

“But in this country, you have to struggle to make yourself relevant. We must all try to pursue collaboration with industries aggressively, so that we can meet with industries and show them the results of our research and development. We also need investors to key into the research results for commercialisation.’’

Another researcher, Mr Adewale Solomon, also called for proper linkage between researchers and the end-users.

Solomon said the barriers to the commercialisation of such research findings existed because most of the stakeholders, especially the end-users, were not carried along in the course of the research.

He said while it was important to conduct researches, the researcher should endeavour to carry all the relevant stakeholders along while also ensuring that such research would attract the interest of investors.

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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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