By Erewunmi Peace

The National Agency for Science and Engineering Infrastructure (NASENI) has secured $2 billion in investment commitments under President Bola Tinubu’s accelerated Technology Transfer Programme, marking a major milestone in Nigeria’s quest for industrial and technological advancement.

Speaking during an interactive session with Nigerians in Japan at TICAD 9, NASENI’s Executive Vice Chairman, Khalil Halilu, announced that the agency has successfully transitioned from a research-focused body to a full-scale implementation agency with 40 market-ready products.

“Our focus is no longer on just doing research and development. We are now creating solutions that are ready for the market,” Halilu stated.

Key Highlights of the Announcement

$2bn Commitments: Secured through technology transfer and foreign partnerships.

40 Market-Ready Products: Covering sectors like renewable energy, automotive, and nanotechnology.

New Factories in Nigeria: In partnership with a Japanese nanotechnology firm, NASENI will establish four factories in Nigeria.

Major Projects in Progress:

A 40-hectare renewable industrial park

An electric vehicle assembly plant

Industrial parks for advanced manufacturing and clean energy.

Halilu emphasized that these developments are part of the Tinubu administration’s drive to strengthen Nigeria’s industrial base and reduce reliance on imports, while creating jobs and enhancing local production.