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‘FG Determined To Transform Public Tertiary Institutions’

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The Minister of Education, Malam Adamu Adamu, says the Federal Government is determined to leverage on transformation of public tertiary institutions, to outlive landscape of the education sector.
Adamu, who was represented by the Pro-Chancellor, University of Benin and Co-founder, Eko Hospital, Dr Sunny Kuku, made the assertion at the third edition of Taxpayers’ Forum, organised by Tertiary Education Trust Fund (TETFund), yesterday, in Lagos.
The programme has the theme: “TETFund Intervention; Catalyst For Transforming Tertiary Education in Nigeria”.
The minister said transformation of the country’s public tertiary institutions would be a deliberate emphasis on science subjects, as was the current global trend.
“I wish to urge all stakeholders in the education sector, especially the public tertiary institutions, that government is determined to ensure that it transforms the entire landscape of our institutions.
“We have recently been approving more funds for priority content components like research, manuscript development, library development and academic staff training and development.
“TETFund has over the years, contributed immensely to the advancement of tertiary education in Nigeria, through the commitment of this respectable forum, using the two per cent Education Tax (EDT) collection.
“It is no longer news that TETFund has become a model Nigerian intervention brand, with a preponderance of different intervention projects that cut across critical sectors of tertiary institutions,” Adamu said.
He added that in the last three decades, billions of naira had been realised as EDT, which had impacted tremendously in transforming and repositioning of institutions in Nigeria.
“Hence, it did not come as a surprise, when in 2012, TETFund decided to appreciate its taxpayers for the first time ever and instituted the taxpayers forum,” Adamu said.
Also, Prof. Suleiman Bogoro, Executive Secretary of TETFund, said research remained the most important aspect and instrument of advanced learning and innovation, if society intended to make meaningful progress.
Bogoro said research had remained a special intervention line of the fund, since it was introduced in 2009.
“Despite efforts of my predecessors around research, given the level of growth in the country, I took the decision to take research to the next level in the country.
“Accordingly, in 2014, I recommended that the Board of Trustees should approve establishment of the Department of Research and Development/Centers of Excellence in TetFund.
“It was thought that research without development, will not provide the growth that Nigeria direly needs as a nation,” Bogoro said.
He added that the intention to promote research and innovation in tertiary institutions, research institutions and industry, as well as establishment of centres of excellence across tertiary institutions, remained a priority.
“Within the fund, the national research fund was set up, N3billion was provided for its take off in 2011 and in 2015, another N1billion was added.
“Our commitment and resolve to contribute in building a prosperous nation remains unshaken,” Bogoro said.
He added that today marked the third edition in the series of taxpayers’ forum that the TETFund had been organising, since its inception in 2011.
“The significance of regular interactions between TETFund, Federal Inland Revenue Service (FIRS) and taxpayers across the country, cannot be over emphasised.
“We are here to appreciate the taxpayers in particular, for their patriotism and sacrifice in supporting us and in the payment of education tax respectively,” he said.
Mr Kashim Ibrahim-Imam, Chairman, Board of Trustees, TETFund, said the taxpayers’ forum had always served as a platform to honour and identify individuals and companies that had made tremendous contributions to education.
Ibrahim-Imam said the individuals and companies, contributed to education through consistent payment of education tax.
“TETFund has become synonymous with excellence. Currently, we have partnered with another Federal agency to energise at least, 25 institutions with electricity,” he said.
Prof. Oluwatoyin Ogundipe, Vice-Chancellor, University of Lagos, said TETFund had left indelible positive footprints and served as a catalyst for sustainable tertiary institutions in Nigeria.
Ogundipe said that TETFund interventions had impacted positively on infrastructural and human development of tertiary institutions over the years.
“Inconsistencies in education tax payments by companies have translated to low EDT collections.
“Available data in 2018, confirms that about 2,286,812 companies are registered in Nigeria, but only 104,624 have been paying EDT since inception of the fund,” he said.
NAN reports that TETFund awarded some individuals and companies, who had contributed to the success of funds intervention.
They included, the minister of education; Alhaji Muhammad Nami- Executive Chairman, FIRS, Nigeria LNG and Nestle Nigeria Ltd., among others.

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FG Targets Production Of Locally Made Vehicles By Dec

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The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has affirmed that Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export.
With the enabling environment being provided by the government, she said manufacturers should be held responsible if the cars are not rolling out by December 2024.
Currently, Nigeria produces less than 10 per cent of the vehicles used in the country.
Last year, Nigeria’s vehicle assembling industry, estimated to be worth around N302billion, tanked to a new low due to increasing production costs and weakened demand for locally assembled automobiles.
According to the Manufacturers CEOs Confidence Index, activities of motor vehicles and miscellaneous assembly deteriorated further below the benchmark (50 points) from 48.6 to 46.7 points.
But speaking at the Automotive Component Manufacturers meeting in Abuja, she noted that the automobile industry is faced with both challenges and opportunities.
A statement issued last Friday by the Director of Information and Public Relations, Adebayo Thomas, said, “In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
“The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.”
Encouraging the stakeholders to key into the Nigerian Automotive Development Policy, the Minister said, “As far as we are concerned, the auto industry is now set to go.
“We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
Anite emphasised the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.
She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.
Stringent adherence to quality, she said, will boost consumer confidence and attract investment.
The minister assured all that the government would continue to encourage increased investment in research and development, adding that, innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.
On local content, she also emphasised the importance of promoting local content by sourcing materials and components locally.
By doing this, she said, the sector can create jobs, reduce import dependency, and contribute to economic diversification
In his introductory comments, the ministry’s Permanent Secretary, Nura Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”
He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The statement added, “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.
“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

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Waive Tax On Electronic Imports, Women Engineers Appeal To Tinubu

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The Association of Professional Women Engineers of Nigeria (APWEN), Lagos Chapter, has called on President Bola Tinubu to exempt the importation of electronic components from taxation for inventive engineers.
Chairman of APWEN, Ms Atinuke Owolabi, said this a in statement yesterday in Lagos, in commenration of the 2024 World Creativity and Innovation Day, with the theme: “Step Out and Innovate”.
The Tide source reports that World Creativity and Innovation Day is a global UN Day, celebrated on April 21, to raise awareness about the importance of creativity and innovation in problem solving.
This is with respect to advancing the United Nations’ sustainable development goals, also known as the global goal.
Owolabi explained that such a measure would significantly enhance technological progress, support local innovators, and elevate Nigeria as a leading hub for innovation globally.
She stated that in a world marked by dynamic challenges and unprecedented opportunities, creativity and innovation stand as the driving forces behind progress and transformation.
According to her, women engineers recognise the critical role that innovation plays in shaping our societies and driving sustainable development.
”On this occasion, we affirm our commitment to fostering a culture of creativity and innovation within our organisation and the broader engineering community.
”Together, let us step out, innovate, and inspire the next generation of women engineers to reach even greater heights of achievement and impact.
”We believe that by stepping out of our comfort zones and embracing new ideas, technologies, and approaches, we can unlock innovative solutions to the complex challenges facing our world today,” she said.
According to her, the theme: ‘step out and innovate’, serves as a call to action for women engineers everywhere to break barriers, challenge conventions.
She noted that it would also pioneer groundbreaking solutions that would propel them toward a brighter and more sustainable future.
Owolabi disclosed that in celebration of the World Creativity Day, APWEN Lagos had inaugurated an artificial intelligence club tailored for female engineering students and young engineers.
She said that the proactive initiative aimed to inspire and equip young engineers with cutting-edge technological insights.
Th chairman said, “Additionally, we already have a 200-capacity hall to set up a resource, technology, and innovation hub to empower women and girls in engineering.
”This endeavour serves as a catalyst for encouraging aspiring female engineers to embrace innovation and stay abreast of emerging trends in the field.
”APWEN Lagos stands united in its dedication to promoting diversity, inclusivity, and excellence in engineering.
“We encourage all female engineers to seize this opportunity to unleash their creativity, explore new frontiers, and make an indelible mark on the world.”

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Pan-Igbo Group Hails Dangote Group For Reducing Diesel Price

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A pan-Igbo group, Ndigbo Unity Forum (NUF), has commended the Chairman of the Dangote Group, Alhaji Aliko Dangote, and his management for reducing the price of diesel from N1,600 to N,1000 per litre.
The Tide’s source reports that diesel is the major fuel used by heavy duty vehicles and generating sets to transport goods as well as run industries across the country.
The President of NUF, Mr Augustine Chukwudum, told The Tide’s source in Enugu, yesterday, that Dangote’s timely response to suffering masses of Nigerians, going through hell to get a meal a day, “is highly commendable”.
According to Chukwudum, Nigerians need to appreciate the patriotism of Dangote since what he has done will go a long way in reducing prices of goods, especially food stuff which has gone out of the reach of the poor.
He called on Nigerians, who wish and pray always for the betterment of the country, to appreciate and thank God for answering their prayer through Dangote’s move.
“It is clear that if Dangote Refinery starts fully and gets all the crude oil needed from Nigeria, the prices of petrol, kerosene and diesel will further reduce.
“We commend President Bola Tinubu for being a listening President and supporting the Dangote Group on our crude oil needs.
“We appeal to Tinubu to encourage Dangote by providing the company with crude oil at a reduced rate as we have been demanding,” he said.
Chukwudum said that this move and subsequent further reduction, would bring industries in comatose back to life, jobs created for unemployed youths and reduction in crime as well.
“We call on governors of oil-producing Anambra, Imo and Abia States to bring investors, who shall build refineries in each of the states to refine thousands of barrels of crude in commercial quantities,” he said.

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