Categories: News

NASENI: Nigeria making progress under Tinubu, we’ve secured $2bn commitments

The National Agency for Science and Engineering Infrastructure (NASENI) says Nigeria has witnessed unprecedented progress in technology transfer under President Bola Tinubu’s administration, with over 1,000 applications from global companies received in one year.

The Executive Vice Chairman of NASENI, Khalil Halilu, made this known during Tinubu’s interactive session with Nigerians in Japan, held on the sidelines of the Tokyo International Conference on African Development (TICAD) last week.

According to Halilu, the accelerated Technology Transfer Programme approved by Tinubu has already attracted $2 billion in commitments, while also simplifying the application process through a seamless online platform.

“We have moved from being a research and development agency with only prototypes on the shelf to an implementing agency with 40 market-ready products,” Halilu said.

Kano: Police probe extortion claims, suspend constable, vigilante

He disclosed that NASENI has signed a deal with a Japanese company in the area of nanotechnology, which would establish four factories in Nigeria.

He expressed optimism that more Japanese firms would take advantage of the enabling policies to invest in the country.

Halilu also highlighted ongoing projects including a 40-hectare renewable industrial park, an electric vehicle assembly plant, and other technology-driven initiatives designed to boost industrialisation and create jobs.

He attributed these achievements to the President’s policies, which he said had opened Nigeria’s doors to diasporans and foreign investors eager to partner with the country in critical sectors.

The NASENI boss assured potential investors of full support, stressing that Nigeria is ready to provide an enabling environment for technology transfer and sustainable industrial growth.

The Star

Segun Ojo

Recent Posts

Bago vows probe as Niger holds prayers for 37 miners who died in custody

The Niger State Government has promised to thoroughly investigate the deaths of 37 suspected illegal…

6 hours ago

Presidential campaign council: We don’t need your validation, OK Movement tells NDC

The Obidient-Kwankwaso (OK) Movement says it does not require the personal validation or approval of…

6 hours ago

Troops rescue two kidnap victims, arrest 11 in Plateau

Troops of Operation Enduring Peace have rescued two kidnapped victims and arrested 11 suspected members…

6 hours ago

APC challenges Atiku over proposed petrol subsidy

The All Progressives Congress Presidential Campaign Council has challenged former Vice-President Atiku Abubakar to explain…

7 hours ago

Awujale stool: Ruling house seeks fresh selection, elects new Olori Ebi

The Fusengbuwa/Jadiara Ruling House of Ijebu Ode, Ogun State, has called for a fresh process…

8 hours ago

Man City top EPL after Sunderland thriller as Liverpool beat Bournemouth

Brian Brobbey's hat-trick for Sunderland could not prevent Manchester City opening up a three-point lead…

9 hours ago

This website uses cookies.