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Agric, Solid Minerals Can Pay Nigeria’s Debt – Minister

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The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, says foreign exchange from agriculture and solid minerals could service the country’s debt and loan profile.
Ogbeh made the assertion on the sideline of the National Agribusiness Youth Training Programme funded by the Federal Government and the African Development Bank (AfDB) in Abuja yesterday.
The minister said that most funds for the training of youths in agriculture were borrowed from the World Bank and the African Development Bank (AfDB).
He said the Federal Government was designing a strategy through agriculture to enable the country earn enough foreign exchange to service its debt in due course.
According to him, after satisfying our needs in local staples for the grains mainly, we have to design a scheme from which we shall earn enough foreign exchange to settle debts.
He said the Federal Government would soon launch a National Plantation Programme to encourage individuals to farm the smallest part of their unused land to invent their future.
“All these monies for trainings on youth agriculture are borrowed.
“We borrowed from the AfDB and World Bank and if you take a loan, you must think of when and how to pay.
“Some of these loans will be due in 35 to 40 years. Time flies and the question is, how do we pay.
“We are not likely to sell oil for 100 dollars a barrel ever again and even if we do, we are not usually careful,’’ he said.
“We waste the money when it comes, so, agriculture and solid minerals will have to pay the loans and we will pay through exports.
“The average age of a farmer now is between 60 to 65 years and that is why we want the youths to be involved in agriculture.
“There is a programme which we will launch very soon. It is called the National Plantation Programme.
“Everyone with a land somewhere should do a plantation like cocoa, cashew, shea butter, coconut and pigeon pea to make money to recover the image and honour of this country.’’
The minister noted that the Federal Government would re-launch cocoa before the end of the second quarter of the year to also boost the production for exports.
He said the plan was to take the country back to its place of pride as the highest producers of cocoa.
“The only way of controlling tomorrow is by planning for it but we Africans are not very good at that.
“We get caught by the future, we do not remember much of the past,’’ he said.
Ogbeh commended the President of the AfDB, Dr Akinwumi Adesina, for his support to the country.

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UNIPORT, UNIBEN Clinch NCDMB’S Engineering Olympiad Regional Victories 

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Two universities in the Niger Delta zone (University of Port Harcourt and University of Benin)  have emerged winners of the South-South region in the Nigerian Engineering Olympiad (NEO) competition.

The NEO competition which took place at the Nigerian Content Tower(NCT), headquarters of the Nigerian Content Development and Monitoring Board(NCDMB) in Yenagoa, Bayelsa State is a nationwide engineering, innovation and entrepreneurship competition launched in 2025 by a non-profit organization, ‘Enactus Nigeria’, in partnership with NCDMB, Renaissance Africa Energy Company Limited, First Exploration & Petroleum Development Company and the Nigerian Society of Engineers (NSE).

The two Universities teams represented differently by ‘Inovation team PROTRONICS’ and ‘Innovation team VHORDE’, won their counterparts from the Igbinedion University, Okada, Edo State, Federal University of Petroleum Resources (FUPRE), Effurun, Delta State, and the University of Uyo, Uyo, Akwa Ibom State, in the competition showcasing hardware and software prototypes developed to serve as innovative solutions to real-world challenges with specific reference to Nigeria and Africa.

From  UNIPORT’s ‘team PROTRONICS’ was an innovation called ‘KEYTRIC’ which the competitors presented as a ‘SMART POWER CONTROL’  that makes electricity usage effortless and automating with the use of an intelligent locking systems.

Team PROTRONICS highlighted high electricity bills, electricity fire risk and expensive smart home and gaps in existing solutions, including costly installation, lack of integration between security and energy, and dependence on the Internet as the reason for their innovative invention.

“Our innovative solution is a smart energy door lock that switches off a user’s electricity supply when they lock to leave the house.

“Our solution saves money on electricity bill, reduces the risk of electric fire accident, and is affordable to everyone”, the Uniport’s team said.

On the other hand, Team VHORDE of the University of Benin presented what it terms Intelligent Real-time Interface(IRIS) which enables visually impaired individuals to gain sight.

They pointed out that there are 4.5 million visually impaired Nigerians who are in some way incapacitated and unable to live life to the fullest.

The students displayed an IRIS pack, consisting sensors, wearable glasses, microphone, camera and Haptic feedback.

On how the IRIS works, the UNIBEN students said the smart glasses, which consist, a camera, depth sensor, and edge Artificial Intelligence(AI) processor, enables a visually impaired person to see and understand the world in real time.

“There’s an AI Compute Unit to be worn at the waist, which runs Convolutional neutral network (CNN) object detection, face recognition, and voice processing on-device”, the team said.

In a section on Business Model and Revenue Streams, the University of Benin competitors indicated production-scale pricing for IRIS Standard as N699,000 one-time purchase.

According to the team, the IRIS standard has the following functions, real-time object and scene identification, familiar face recognition, obstacle and hazard detection (haptic wristbands), natural voice interaction, Edge AI – fully offline core functions, and OTA software updates via Wi-Fi.

In an assessment of the prototypes and demonstrations made, one of the key judges of the competition, Engr. Dokubo Obongo, Manager, Institutional Strengthening, at the NCDMB, described all the presentations as “top-notch”.

He noted that there are solutions that are viable marketwise, relevant to the society and the challenges humans face, explaining that the Engineering Olympiad is a competition targeted at developing home-grown solutions from research and development from Nigerian universities.

“The idea is to see how we can proffer solutions to our own problems which means creating business opportunities”, he said.

Speaking for Enactus Nigeria, the group’s Country Director, Mr. Michael Ajayi, said the two top finalists from the six geopolitical zones would move to a boot camp for further preparation towards the main national championship, and that the best three teams would share N100 million.

He also disclosed that each of the 30 teams that displayed prototype technology in the regional competition would receive N3 million.

Team PROTRONICS of the University of Port Harcourt had as Team Lead Dr. Victor Jinn (Faculty Adviser), while the contestants were Chukwuma Sunday-Odu, Fubara David Otokini, and Ekemini Godwin Akpan, while Team VHORDE of the University of Benin had Anoint Oritsetimeyin Igorki, Oghosa Derick Osarobo, Uti Henry Eworitsewarami, Jada O. Godfrey-Ariavie, Richard O.Enegbuna, Momodu O. Olayemi, and Asemota G. Ayevbosa.

By: Ariwera  Ibibo-Howells, Yenagoa

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Customs Launches  SCADS To Curb Airport Delays

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The Nigeria Customs Service (NCS) has officially unveiled the Simplified Customs Advanced Declaration System (SCADS) at the international wing of the Nnamdi Azikiwe International Airport, Abuja.

The move is aimed at improving passenger clearance, compliance and customs operations.

This was contained  in a statement by the NCS spokesperson, Abdullahi Maiwada, and made available to Newsmen in Abuja.

Maiwada explained that the platform, designed to simplify baggage declaration for inbound international passengers, aims to reduce manual bottlenecks, improve transparency in revenue assessment and enhance operational efficiency at Nigeria’s international airports.

Speaking at the inauguration ceremony, Deputy Comptroller-General of Customs in charge of ICT/Modernisation, Oluyomi Adebakin,  said the deployment of SCADS marked another major step in the service’s digital transformation agenda.

Adebakin said the initiative became necessary to address operational challenges encountered on the service’s previous passenger declaration platform earlier this year.

She explained that rather than allowing the setbacks to slow operations, the service chose to develop a stronger and more efficient alternative.

“When the earlier platform experienced operational challenges, we chose not to see it as a setback. 

“We saw it as an opportunity to build something better, stronger and more efficient,” she said.

According to her, the newly introduced SCADS platform allows passengers to declare items before arrival, thereby reducing clearance time while improving compliance and operational integrity.

“For passengers, this system creates the opportunity for advance declaration before arrival. It means faster clearance, easier compliance and smoother movement through our airports,” she added.

Adebakin said that the system would eliminate subjective revenue assessment by ensuring that duties were being automatically generated based on declared items, their quantities and actual values.

“When we talk about revenue collection, it is not about collecting more or less. It is about collecting the right revenue. With this system, assessment will now be more objective, accurate and driven by data,” she said.

Earlier Comptroller  Customs Area Controller, FCT Area Command, Victoria Alibo,described the selection of the command for the pilot phase as a vote of confidence in its operational capacity.

Alibo said the new platform integrates passenger baggage and e-commerce declarations into a single digital framework designed to support global Customs best practices.

“SCADS is designed to simplify declarations, reduce clearance time, eliminate manual bottlenecks and align our operations with international standards,” Alibo said.

She said that the pilot phase would run for five days, from May 18 to May 22, during which officers would evaluate the system in a live environment ahead of nationwide deployment.

The event was attended by senior Customs officers, officials of the Federal Airports Authority of Nigeria, partner government agencies, technical teams, and other key stakeholders in Nigeria’s aviation and border management ecosystem.

By: CHINEDU WOSU 

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Energy Theft, Obsolete Infrastructure Deepen Nigeria’s Electricity Crisis – Expert

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The President, Nigeria Consumer Protection Network, Mr Kunle Olubiyo, says Nigeria’s electricity sector continues to suffer massive revenue losses due to widespread energy theft and obsolete metering systems.

Olubiyo, said this in an interview with Newsmen to Monday in Abuja.

He said energy theft occurs at both the consumer and institutional levels across the electricity value chain from generation to transmission and distribution.

According to Olubiyo, at the consumer level electricity theft includes metre bypass, illegal connections and unauthorised access to power without proper billing.

According to him, some customers would dig underground cables directly to their homes or businesses without being metered, while others exploit estimated billing systems to consume electricity without payment.

“Whether through metre bypass or illegal connection, many customers are using electricity for free. That is energy theft,” he said.

He also alleged that institutional energy theft exists within the power sector, particularly through defective, obsolete, or wrongly installed metres used in monitoring electricity generation and distribution.

He said that wholesale metres installed at critical interfaces among generation companies (GenCos), transmission companies, and distribution companies (DisCos) were often out-dated or improperly configured.

He said those could lead to inaccurate readings and inflated subsidy claims.

“If 4,000 megawatts is generated and 7,000 megawatts is recorded, that is energy theft because the excess energy does not get to consumers,” he stated.

The expert further said  some operators in the sector allegedly exploit maintenance and repair contracts through inflated contract sums and possible collaboration with vandals.

He also cited the deployment of secure pole-mounted metres in military barracks as an example of how technology can curb metre tampering and unauthorised access.

He, therefore said the sector had to urgently address infrastructure decay, weak regulation, poor investment, and corruption within the value chain.

Otherwise, according to him, Nigeria’s electricity industry will continue to face liquidity challenges, revenue losses and unstable power supply.

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