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FG Disburses N45m Grant to Inventors, Innovators

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The Federal Ministry of Science and Technology (FMST) has disbursed a grant of N45 million to deserving inventors and innovators in Nigeria, Dr Mohammed Jubrin has said.

Jubrin, who is the Director-General, National Board for Technology Incubation (NBTI), made this known to the News Agency of Nigeria on Thursday in Abuja.

The director-general said that the N45 million was disbursed by the Minister of Science and Technology, Dr Ogbonnaya Onu, to inventors and entrepreneurs in 2017.

He explained that this has assisted the development or the culture of entrepreneurship, which is technology based and after some time, we expect these companies to become key players in the economy.

Jubril said another N45million had been appropriated this year for disbursement to other inventors and entrepreneurs.

According to him, at the appropriate time an advertisement will be made so that inventors and innovators could apply and get the opportunity of being supported by the government.

“The NBTI has been part of the presidential standing committee on inventions and innovation, which identifies innovators, inventors and other technocrats for grants.

“A committee had been set up with the aim of using industries for the development of Nigeria by harnessing all researches and development results and other innovative efforts for commercialisation.

“The Chairman of NBTI Board in his wisdom constituted a committee that would address stakeholders’ linkages and collaborations and strategic membership will be articulated so that we would strengthen that aspect.

“This will spur inventors to have more opportunities in NBTI, fortunately NBTI has been part of the presidential standing committee on inventions and innovations.

“This a committee that identifies inventors, innovators and other technocrats for grants from the Federal Government.

Jubril said the board was committed to intensifying linkages and collaborations so that all inventors would have more opportunities in NBTI, saying that the board would lay more emphasis on commercialisation and community incubation.

“We have a strategic plan that we are following which is coming to an end this year.

Already, a committee has been set up to develop the second strategic plan that will take up to the end of my tenure in 2022.

“We will pay more attention to the real commercialisation of research and development results so that we can have new emerging companies that originate from literary works and from knowledge sources.

“We will pay attention to community incubation, a situation where you have people fighting in Benue and Taraba because they don’t have anything to do despite they have the abundant raw materials around them.

He said this called for concern because a state like Benue could feed Africa with food but they didn’t know “what is called food processing, packaging or preservation’’.

“We want a situation where products from local markets would start going straight to Shoprite and other super stores,” he said.

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4th Tony Elumelu Foundation Entrepreneurship Forum Holds October

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Tony Elumelu flanked by foundation beneficiaries

Africa’s leading entrepreneurship-focused philanthropic organisation, the Tony Elumelu Foundation (TEF), has announced October 25, 2018, as the date for its 4thannual TEF Entrepreneurship Forum.

 

The largest gathering of African entrepreneurs and the broader entrepreneurship ecosystem will unite over 5,000 entrepreneurs, global investors, leaders from the African public and private sectors and developmental organisations at the Federal Palace Hotel, Lagos.

 

The event is a unique opportunity to generate ideas, forge networks and bring policymakers and the private sector together, in a spirit of robust debate and interaction.

 

The 2018 cohort from the Tony Elumelu Entrepreneurship Programme, as well as mentors and partners, will be present, as the culmination of their intensive twelve-week induction.

 

In keeping with the Foundation’s track record―most recently with President Macron of France―of bringing politicians face to face with the new generation of young business women and men shaping Africa, the Forum will include an interactive session with President Uhuru Kenyatta of Kenya and President Nana Akufo-Addo of Ghana, moderated by TEF Founder, Tony O. Elumelu.

 

The Forum will also feature the launch of the TEFConnect, the world’s largest digital platform for African entrepreneurs, dedicated to connecting African entrepreneurs and the entrepreneurship ecosystem.

 

Tony O. Elumelu, founder, stated: “In just four years, we have directly impacted 4,460 entrepreneurs, and we are beginning to see the results – job creation, ripple effects, but most importantly a recognition that Africa’s economic well-being is driven by entrepreneurs: female and male, large and small – they are the engine of our continent’s transformation. We will be championing and celebrating them. This year, we are truly achieving scale and impact; we received over 150,000 applications in 2017 alone, up from 20,000 applications in 2015. We are now calling on the current generation of African success stories and others to partner with us to see how we can all further create impact, genuinely transform millions of lives and increase the number of inspiring stories we will be hearing in Lagos”.

 

Parminder Vir OBE, TEF CEO, stated: “The TEF Entrepreneurship Forum is the only event across the continent that brings together the complete African entrepreneurship ecosystem, demonstrating our commitment to capturing the whole continuum – from the entrepreneurs themselves, governments who must provide enabling environments, to capital, advice and perhaps most importantly access and network”.

 

Inspired by Tony Elumelu’s economic philosophy of Africapitalism and his vision to institutionalise luck and democratise opportunity for a new generation of African entrepreneurs, the Tony Elumelu Foundation has implemented one of the most ambitious entrepreneurship programmes globally.

 

The Programme is a 10-year, $100 million commitment to identify, train, mentor, and fund 10,000 entrepreneurs. Its goal is to invest in businesses that will generate at least 1,000,000 new jobs and contribute at least $10 billion in new annual revenues across Africa.

 

In its 4th year, TEF Entrepreneurship Programme has empowered 4,460 entrepreneurs with a total investment of USD20million; 4,000 funded directly by the Foundation and 460 have been funded by partners.

 

 

 

 

 

 

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SNEPCo MD Calls for Diversification Roadmap as Shell Wins SPE Exhibition Award

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L-R; Lead, Subsurface Shallow Water, Shell Nigeria Exploration and Production Company (SNEPCo), Kefe Amrasa; Outgoing Chairman, Nigeria Council of the Society of Petroleum Engineers, Chikezie Nwozu; Managing Director, Shell Nigeria Exploration and Production Company, Bayo Ojulari and Shell’s Vice President, Health, Safety and Environment, Osa Igiehon, at the presentation of The Best Exhibitor Award to Shell at the just-concluded SPE Nigeria annual conference and exhibition in Lagos.

Bayo Ojulari, managing director, Shell Nigeria Exploration and Production Company (SNEPCo), has harped on economic diversification as a panacea for job creation and rapid economic growth of Nigeria.

 

Ojulari, spoke at the just-concluded annual conference and exhibition of the Nigeria Council of the Society of Petroleum Engineers (SPE) where Shell Companies in Nigeria bagged the award for best exhibitor, beating to the second and third positions Chevron and Exxon Mobil respectively.

 

Speaking on the conference theme, Diversification of the Nigerian Economy – The Oil & Gas Industry as an Enabler, Ojulari called for a diversification roadmap bearing the commitment signature of major stakeholders in the Nigerian project. “With such a roadmap, we are able to track performance year-in year-out while remaining focused.”

 

Ojulari added, “For Nigeria to diversify its economy, it must leverage the low hanging fruits such as agriculture, petrochemicals, which use gas as its feedstock and most importantly, education and technology.”

 

At the awards ceremony, two Shell staff,  Oghogho Effiom and Stella Egwim, received the SPE Nigeria Chairman Medallion awards while 10 other Shell staff got Service awards. The awards demonstrate a strong Shell participation at the 2018 SPE conference at which 20 technical papers were delivered by Shell staff out of 150 papers constituting about 13% from Shell .

 

“Over the years, Shell Companies in Nigeria have continued to demonstrate thought leadership at flagship industry events such as the SPE and we continue to promote self-development and professional affiliation by our staff as part of our wider human capacity development in Nigeria,” said Ojulari who received the best exhibitor award from Mr. Chikezie Nwosu, outgoing SPE Nigeria Council Chairman.

 

Shell’s exhibition stand combined aesthetics, architecture, informative posters, panel discussion sessions, career talks, video presentations and the ever popular Shell Health stand, to be a central attraction at the conference.

 

Visitors who thronged the Shell booth were received by the Lead exhibitor, Kefe and team. The guests were drawn from oil servicing firms, equipment manufacturers, student, professional and academic bodies as well as international and indigenous oil contractors and companies.

 

 

 

 

 

 

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Anambra, Ebonyi and Imo States benefit from MTN’s Emergency Ward Intervention Project

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In the spirit of brightening lives across different states in Nigeria, the MTN Foundation recently extended its Emergency Ward Intervention project to south-east Nigeria, donating medical equipment and health supplies to Anambra, Ebonyi and Imo states.

 

MTN, through its social investment vehicle – MTN Foundation – is dedicated to alleviating the vast health care needs of Nigerians especially for residents in local communities who cannot afford to pay for proper medical services.

 

Staff of the benefiting hospitals: Chukwuemeka Odimegwu Ojukwu University Teaching Hospital,Awka, Anambra; Federal Teaching Hospital Abakaliki (FETHA 1), Ebonyi and Imo State University Teaching Hospital(IMSUTH), Owerri were excited to receive the donations from the Foundation.

 

Dignitaries including health commissioners from various states who attended the handover ceremony applauded MTN for reaching out to them and positively transforming the health care system in their communities.

 

Some of the medical equipment and consumables donated by MTN Foundation include digital patient monitors, stethoscopes, fracture immobilizers, laryngoscopes, and aspiration suction machines, amongst others.

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