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Business

Nigeria signs technology transfer agreement with Czech Republic

Nigeria and the Czech Republic have signed an agreement of a technology transfer between both countries.

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FG releases new details on MSMEs support scheme, budgets N200 billion for loans, FG says 174,574 successfully register for N75 billion MSME survival fund in 48 hours

The Federal Government has announced arrangements for the transfer of technology from the Czech Republic to Nigeria, through the inauguration of the Implementation Committee on Memorandum of Understanding between the Czech Republic and the Federal Republic of Nigeria on Technology and Joint Research.

This was disclosed to State House Correspondents in Abuja by Mariam Katagum, Minister of State for Industry, Trade and Investment, after the event at the Presidential Villa on Thursday.

READ: Court rules ICAN members do not need CITN license to file tax returns

President Muhammadu Buhari was represented by his Chief of Staff, Prof. Ibrahim Gambari, who presided over the inauguration.

The Minister said that the agreement is focused on technology transfer between Nigeria and the Czech Republic, as the latter was one of the countries in Europe with vast amount of technology.

READ: Recession: Cost of governance in Nigeria unacceptable anywhere in the world 

  • In the yesteryears, we used to send our students to the former Czechoslovakia, as it was called. So, now, this cooperation is between the Nigerian government, represented by National Agency for Engineering and Science Infrastructure (NASENI), and the Czech Government, represented by the Technology Agency of Czech Republic.
  • “Looking at agriculture, mining, MSMEs and how we can collaborate to enable us to get some skilled training so that when we have particular tasks that we need certain machinery,  we could developed the machinery. We need to transfer this knowledge, and, then NASENI, using its own members of staff and research and development, will be able to adapt these technologies to suit the Nigerian situation.’’

READ: Pension contributions grew by N184.68 bn in Q3 2020

The Minister said the MoU has an implementation timeline of 2024 and added that young Nigerians in Information and Technology would be the main catchment area of the agreement.

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  • “So, how do we get these young people to be part of this particular project? That’s why in our discussions, we have to bring in agencies of government, such as the Industrial Training Fund (ITF), Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), and Bank of Industry (BOI).
  • “We also have to leverage on the organized private sector, because there is a lot to learn from the private sector – a lot of resources there that we can tap.”

What you should know 

Nigeria has signed agreements with foreign nations recently, especially in the areas of education and skills transfer.

  • Nairametrics reported recently that the Federal Government of Nigeria has opened the portal for the registration of the 2021/2022 Bilateral Educational Agreement (BEA) scholarship for deserving Nigerians. The BEA scholarship is awarded to both undergraduate and postgraduate students and tenable in some selected countries in Africa, Europe, and Asia.
  • Nairametrics also reported last week that the Federal Government signed a Memorandum of Understanding (MoU) with the United Arab Emirates (UAE), which provides a platform for the nations to engage each other legally and commercially.

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Business

JAMB: How to register for the 2021 UTME examinations

JAMB stated that the registration for the examinations has now commenced in full swing as all the issues have been resolved.

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The Joint Admissions and Matriculation Board (JAMB) had about 3 weeks ago announced the commencement of the 2021 Unified Tertiary Matriculation Examination and Direct Entry registration exercise on April 8, 2021, to May 15, 2021, with National Identification Number (NIN) made mandatory at the point of registration.

This was put on hold due to the exam body’s effort to ensure that candidates have access to its registration app for the 2021 UTME/DE and also finalise work on its pin vending process before the take-off of the exercise.

However, in a new statement, the spokesperson for JAMB, Dr Fabian Benjamin, said the registration for the examinations has now commenced in full swings as all the issues have been resolved.

JAMB in its public communications gave a guide on how to register for the UTME.

READ: How to link your National Identity Number with your phone number

How to register for the 2021 UTME

  • VALID, FUNCTIONAL E-MAIL, PHONE NUMBER: The applicants must have a valid and functional e-mail account in addition to an active phone number. This is relevant for registration and sending and receipt of information from JAMB.
  • NATIONAL IDENTIFICATION NUMBER (NIN): JAMB has made it mandatory for applicants or potential candidates to provide their NIN at the point of registration or enrolment.
  • VISIT JAMB WEBSITE: After having your email address and NIN, the applicant can proceed to the examination body’s website, where he/she can create a JAMB profile, preferably before buying the form.
  • CHECK JAMB iBass: After creating a profile, you are advised to check JAMB iBass to be sure of your eligibility to take this year’s examination. The information is provided on the official website of the exam body.
  • JAMB e-pin: After confirming your eligibility, you can go ahead to buy your 2021 JAMB e-pin registration from banks and other accredited outlets.
  • CBT CENTRE: Then, proceed to any accredited 700 computer-based test (CBT) centre with your personal details and your profile code.

READ: JAMB sets date for 2021 UTME registration and examination, makes NIN mandatory

What you should know

JAMB a few days ago confirmed the commencement of registration for the 2021 UTME/DE examinations after the initial hiccup.

It stated that applicants must provide NIN at the point of registration with the registration by Direct Entry candidates to run concurrently with that of UTME candidates.

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JAMB also said that the mock examination is expected to hold on Friday, April 30, 2021, for those who indicate interest and are registered before April 24, 2021, with the registration fee for the application still N3,500 and N500 for recommended Reading Text.

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Business

Customs Apapa Command generates N159.58 billion revenue in Q1 2021

Most revenues came through customs duty and charges.

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Here's how much Lagos-Apapa Customs Command generated in 5 months

The Nigeria Customs Service (NCS) Apapa Command stated that it has generated a revenue of N159.58 billion in the first quarter of 2021.

This was disclosed by Ibrahim Yusuf, the Area Controller at Apapa Customs Command, in an interview with newsmen on Monday.

He added that most revenues came through customs duty and charges, citing a 44.8% revenue increase on duty collection compared to the N110 billion generated in the same period in 2020.

READ: Vitafoam declares N1.11 billion as profit in the first quarter of its financial year 2020/21

“The difference recorded was made possible because of robust stakeholders engagement, officers’ resolve in discharging their duties and increased level of compliance in the trade zone,” he said.

He added that the total seizure for the first quarter stood at 28 containers of goods with DPV (Duty Paid value) of N1.87 billion.

“The containers had rice, wheat declared as supermarket items, medical soap declared as baking powder, tramadol and others.

“These are all importations in breach of sections 46, 47 and 161 of the Customs and Excise Management Act CAP C45 LFN 2004 and Schedules 4 and 6 of the Common External Tariff (CET).

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READ: Customs revenue rises by N200 billion to hit N1.5 trillion in 2020

“These cases are at various stages of investigation and in due time will be revealed,” he disclosed.

The Customs boss also revealed that exported goods from Apapa were valued at N41.55 billion in Q1 2021, including manufactured goods such as soaps, textiles, noodles, and agricultural products such as cashew nuts, hibiscus, sesame seeds and other mineral resources.

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