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NABDA Biodigester: Alternative Energy Source For Nigerians

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Over the last decades,
international development organi-sations have been actively engaged in encouraging biogas technologies in the developing world.
The development partners underscored the rising need for the reduction of pollution and re-use of Biodegradable organic Feedback (BoF), particularly in Africa.
According to them, bio-energy constitutes a significant proportion of energy mix of countries in Europe, America and should be replicated in Africa.
This development necessitated the adaptation of technologies that can transform BoF such as food and agro-related waste, sewage sludge and municipal organic waste into valuable products like bioenergy and biofertiliser.
Experts in the field observed that Egypt, AlgeriaA, South Africa and Kenya have made good success in the areas of biogas generation for domestic cooking and bioelectri-city generation.
It was, therefore, not an accident, when in 2015 the Federal Government, as parts of Nigeria’s Economy Recovery and Growth Plan mandated the National Biotechnology Development Agency (NABDA) to design programmes for the nation’s bioenergy advancement.
The focus of NABDA in this regards was clear, to develop prototype digesters and other systems that will utilise the abundant BoF across the country.
Specifically, the agency was given the mandate to ensure that bioenergy, comprising ethanol and biogas constitute five per cent of Nigeria’s energy mix.
In a major breakthrough, NABDA on July 23 unveiled a prototype Digesters and Process Optimisation Test Systems to serve as alternative energy in rural and urban settlements of the country.
The Acting Director-General of the agency, Prof. Alex Akpa who performed the unveiling ceremony in Abuja said the unique product known as prototype digester was developed by the Environmental Biotechnology and Bio-Conservation Department of NABDA.
Akpa noted that the product was built for households, small and medium scale enterprises such as restaurants, small farms, small artisanal clusters and small abattoirs.
“The Biodigester is quite affordable, the smallest size is about N75,000 while the biggest is about N150,000.
“We are ready for the market. We are hopeful that industrialists could partner with us to achieve mass production,’’ he said.
The acting D-G said the prototype bio-digesters have been developed with all sectors in mind comprising three sizes produced and named BEGS 250 litres, BEGS 500litres and BEGS 1000litres.
“The team has developed the capacity to retrofit existing gasoline and diesel generator to use biogas as fuel for electricity generation.
“The technology can transform biodegradable organic feedstock into valuable products such as biogas and bio-fertiliser, he added.
He assured that the agency would continue to provide technical assistance in all aspects of bio-energy develop-ment in the country and ensure the digesters and test systems are produced in quantities that would be affordable.
Mr Ayodele Oluwole explained that biodigester is designed as a closed system, capable of fermenting biodegradable materials placed inside it to produce a renewable energy source.
Oluwole, a biogas technologist, said organic materials such as agricultural waste, manure, municipal waste, plant material, sewage, green waste or food waste are broken down in the biodigester to produce biogas which is mixture of gasses, methane, hydrogen and carbon monoxide.
He said the energy released, through combustion allows biogas to be used as a fuel that could be used for any heating purpose, such as cooking.
Oluwole added that it could also be used in a gas engine to convert the energy in the gas into electricity.
“In advanced usage, Biogas can also be compressed, the same way as natural gas is compressed and used to power motor vehicles.
“In the United Kingdom for example, biogas is estimated to have the potential to replace around 17 per cent of vehicle fuel,’’ he said.
Mrs Gloria Obioh, the Head of the department that championed the innovation allayed the fear of readily available raw materials for the biodigester. Obioh said organic wastes including sewage sludge account for about 50 per cent of municipal solid wastes in Nigeria.
She added that agricultural waste, manure, plant material and green waste are readily available in rural settlements of the country.
“The project has enhanced capacity for job creation across all value chains, digester fabrication, energy generation, waste management and bio-fertiliser production’’.
“Consequently there would be several spin-off industries which would contribute greatly to Gross Domestic Products (GDP) and National Development,’’ she said.
Obioh also noted that, if developed, Anaerobic Digestion Technology (ADT) will contribute up to 20,000 MW of electricity to the national grid.
The Executive Vice Chairman of National Agency for Science and Engineering Infrastructure (NASENI), Prof Mohammed Haruna urged NABDA to perfect the technology and make the products available to end users.
Stakeholders in the sector believe that the breakthrough by NABDA will be whole when the agency, make the products affordable and available as alternative energy source to rural, urban settlements.
Onifade writes for New Agency of Nigeria (NAN).

 

Olasunkanmi Onifade

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Wealth Creation: GCPBS  Convenes Strategic Investment Workshop In PH

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In a significant move aimed at strengthening financial literacy and promoting sustainable economic growth, the Alumni Association of the Garden City Premier Business School (GCPBS) has hosted its inaugural Annual Executive Workshop in Port Harcourt, drawing key stakeholders from across Nigeria’s financial and public sectors.
The workshop, themed “Wealth Creation through Investment in Money and Capital Markets,” held at the Corporate Residence, William Jumbo, Port Harcourt recently,  brought together financial experts, policymakers, and professionals to deliberate on practical investment strategies in a rapidly evolving economic environment.
The event attracted a distinguished audience, including alumni of the institution, officials of the Securities and Exchange Commission, financial market leaders, top government functionaries, and seasoned professionals committed to advancing wealth creation initiatives in the country.
In her opening address, Chairman of the GCPBS Alumni Association, Her Excellency Dr. Mrs. Mina Tele Ikuru, charged the participants to take full advantage of the knowledge-sharing platform, stressing the importance of continuous learning and informed financial decision-making.
Also speaking, the Rivers State Head of Service, Dr. Mrs. Inyingi Brown, underscored the need for smart investment practices, noting that true wealth lies not merely in hard work but in the ability to make money work efficiently through strategic investments.
Deliberations at the workshop exposed participants to practical insights into navigating the financial markets, with experts emphasising the need for liquidity-conscious investments and encouraging the exploration of commercial papers issued by reputable corporations.
Speakers further highlighted the benefits of leveraging money market instruments such as bank deposits, while also stressing the importance of understanding market timing—knowing when to buy, hold, or exit investments—as a critical factor in achieving optimal returns.
The concept of compounding was extensively discussed as a powerful tool for long-term wealth accumulation, alongside the introduction of SWOOT—Stocks Worth Over One Trillion—with leading financial institutions identified as dominant players in Nigeria’s stock market.
Participants were also cautioned against common investment pitfalls, including the dangers of holding excessive idle cash, exposure to inflationary pressures, and the growing threat of fraudulent Ponzi schemes often disguised with unrealistic promises of high returns.
They also stressed the importance of diversification as a risk management strategy, with experts warning that failure to spread investments across asset classes could expose individuals to avoidable financial losses.
A panel session anchored by Prof. John Ohaka featured robust contributions from Barr. Bernard Ibe and Figbene Briggs, who examined critical approaches to monitoring investments and ensuring long-term financial stability.
A Financial expert, Uche Uwaleke (FCMA) provided further guidance, advocating the adoption of the DHL investment model—Diversify, Hedge, and Long-term planning—while emphasising the need for constant monitoring of market capitalisation and price indices.
The event also featured goodwill messages and the presentation of awards to deserving individuals and organisations, including Oida Energy Limited, Xenergi Limited, Aslan Resources Ltd, and Dr. Mrs. Mina Tele Ikuru, in recognition of their contributions to economic development and professional excellence, while special honours were conferred on Prof. Silver Opuala-Charles and Dr. Mrs. Inyingi Brown.
In a closing remark, Prof. Adline Ben-Chioma who summarised the key takeaways from the workshop, reiterated the importance of informed investment decisions, as ESV Okputu delivered the vote of thanks, appreciating organisers, speakers, sponsors, and participants for their roles in the success of the inaugural initiative.
By: King Onunwor
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Banking/ Finance

Ripple Survey Reveals Appetite for Digital Assets

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Cornerstone of Financial Services

A survey of more than 1 000 global finance leaders undertaken by digital payment network Ripple shows that 72% of respondents believe they need to offer a digital asset solution to remain competitive.

According to Ripple, leaders from the banking, fintech, corporate and asset management sector have made it clear that the “digital asset revolution is happening now.

“Digital assets are quickly becoming a cornerstone of financial services, underpinned by progressive regulation, growing interest from Tier-1 banks, a steady consumer shift from banks to fintech providers, and booming stablecoin adoption,” Ripple says.

The survey was conducted in early 2026 and the findings released in March.

Stablecoin Boon or Bane?

Ripple has experienced significant success in the stablecoin sector since launching its Ripple USD (RLUSD) stablecoin in 2024.

With a market cap of $1.56 billion, it is considered a major regulated player in the market.

No doubt the platform was pleased to learn through its own survey that financial leaders were most bullish about stablecoins.

Roughly three-quarters of respondents believed they could boost cash-flow efficiency and unlock trapped working capital.

Ripple noted that finance leaders were thinking about stablecoins as more than “just a new way to execute payments”; instead, they viewed them as effective tools for treasury management.

In March 2026, Ripple began testing a new trade finance model built around RLUSD in a bid to increase the speed of cross-border payments.

The pilot initiative, developed alongside supply chain finance company Unloq [https://unloq.com], is running on the XRP Ledger inside a testing framework developed by the Monetary Authority of Singapore.

The Asian city-state is one of the platform’s biggest growth markets.

The idea behind the project is to see whether stablecoin-based settlement can streamline trade finance, too often hampered by reliance on intermediaries and slow reconciliation.

The only potential drawback is that if the initiative takes off, the Ripple to USD price could be negatively affected.

Ripple has always championed its native XRP token as a bridge asset, the “middleman” in the process of a financial institution turning dollars in the US into pounds in the UK, for example.

Ripple converts dollars into XRP and then back into pounds.

If RLUSD can do exactly the same thing, questions will be asked about XRP’s relevance.

That is a bridge Ripple will have to cross if it gets to that point.

Tokenisation Partners

Another interesting finding from Ripple’s survey is that most banks and asset managers are seeking tokenisation partners to help execute their strategies.

Some 89% of respondents said digital asset storage and custody were top priority. “Token servicing/lifecycle management also ranks highly for banks at 82%, while asset managers place greater emphasis on primary distribution at 80%,” Ripple found.

The survey also revealed that just more than half of fintechs and financial institutions want an infrastructure provider that can offer a “one-stop-shop solution”. This rose to 71% among corporate financial leaders.

Ripple attributes this to institutions and firms wanting uncomplicated, cohesive systems.

Infrastructure Rules

In its final analysis, Ripple says companies across the board are looking for partners and solutions that are “secure, compliant, battle-tested and that enable growth and execution”.

“The message is clear: infrastructure decisions made today will shape competitive positioning tomorrow.”

No surprise that this is precisely where Ripple is placing much of its focus.

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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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