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Business

FG moves to develop first Nigeria made electric vehicle

FG through the NITT has set up a 22-member project team for the development of an electric vehicle.

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FG moves to develop first Nigeria made electric vehicle

The Federal Government through one of its agencies, the Nigerian Institute of Transport Technology (NITT), Zaria has set up a 22-member project team for the development of an electric vehicle.

The setting up of the project team was in compliance with the directives of the Minister of Transportation, Rotimi Amaechi, in 2019.

While inaugurating the project team on Thursday in Zaria, Mr Olorogun-John Inojeharho, Chairman, NITT Governing Council,  said the project is aimed at reducing emissions and pollution.

According to a report from the News Agency of Nigeria (NAN), Inojeharho asked the committee to work relentlessly towards achieving this feat to justify the confidence reposed in them and put NITT on the world map as an organisation that has created electric vehicles.

This will help Nigeria and Nigerians benefit from the gains of renewable and sustainable energy, in addition, it will help to foster an eco-friendly environment.

Inojeharho also said that the team is expected to develop a blueprint that will guide the evolution of the NITT model of an electric vehicle.

He pointed out that other terms of reference of the team include; to evolve the technology/design framework of the NITT model of an electric vehicle, develop a prototype of the NITT electric vehicle, and promote the NITT model of electric vehicle in the Nigerian automobile industry.

Others are to determine the budgetary allocation to support the new project, identify capacity development requirements for the sustenance of the new project and establish the necessity or technical support or partnership with other institutions or research bodies.

Sigma Pensions

The report says that the members of the project team are Dr Bayero Salih-Farah, Director- General of the institute, who is the Chairman; Elkanah Ngbale the Institute’s Director of Transport Technology Centre; Dr Felicia Nwanosike, Director of Transport School and Dr Ibrahim Mundi, Director of ICT, Library and Information Services, among others.

What you should know

It can be recalled that as part of the Federal Government’s move towards having an eco-friendly environment and encouraging the use of renewable energy, the National Automotive Design and Development Council (NADDC), on February 5, 2021, unveiled Nigeria’s first locally assembled electric car, Hyundai Kona.

The electric car is to be assembled by the Stallion Group Automobile with most of the materials sourced locally.

Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

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Business

Lagos State seeks investors in aquatic and livestock agriculture value chain

The Commissioner revealed that the scheme was in line with the State’s five-year strategic agriculture roadmap.

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Lagos State begins recruitment for Agripreneurship programme, Sanwo-Olu confirms Abisola Olusanya as new Agriculture commissioner

The Lagos State Government announced it is seeking private sector collaboration for Agriculture sector value chain development in livestock feed mills, fisheries and red meat.

This was disclosed by the State Commissioner for Agriculture, Ms Abisola Olusanya, in a statement on Sunday in Lagos.

The Commissioner revealed that the scheme was in line with the State’s five-year strategic agriculture roadmap, as the State identified the 3 main sectors for value chain disruption.

READ: Lagos goes tough on illegal conversion of land use, enforcement begins in Ikeja GRA, Lekki, others

She also added that investment in the sectors would also develop jobs for the industry and boost the State’s GDP growth, through Private Sector collaboration as Lagos residents consume over N5 trillion worth of food annually.

“The objective is to stimulate and encourage more public-private partnerships in the three value chains,” she said.

“When you consider this pool of transactions happening in Lagos, it shows that we are the market. For instance, we demand over 400,000 metric tons of fish on an annual basis.

“But our fishermen and our aquaculture farmers are only able to produce just about 174,000 metric tons with deficit of 200,000 metric tons,” she added.

Sigma Pensions

READ: CBN invests over N120 billion on 320,000 farmers across CTG within four years

She also disclosed that the state has 9,000 artisanal fishermen, and bringing more youths into the space will increase the level of fish and seafood being harnessed from our water bodies. Looking at the transactional value on an annual basis, the fisheries sector is worth well over N120billion according to her.

In case you missed it: Nigeria exported agricultural products worth N321.5 billion in 2020, representing a 19.16% increase when compared to N269.8 billion recorded in 2019 and a 6.27% increase compared to N302.28 billion recorded in 2018.

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Business

#DigitalSkillsTraining: FG announces conclusion of selection process

Only successful applicants that are contacted by the Ministry are to report at the training venue.

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President Buhari to address Nigerians on Lekki toll plaza shootings after investigation , Youth Investment Fund:  Ministry of Finance and CBN to launch provision of funds- Minister, Federal Ministry of Youth and Sports launch DEEL initiative

The Federal Government through the Ministry of Youth and Sports disclosed that the selection process for the upcoming Digital Skills Training has been concluded for the #DigitalSkillsTraining from April 11th to 30th, 2021.

This was disclosed in a statement by the Ministry of Youth and Sport on Sunday evening.

“The Federal Ministry of Youth and Sports Development wishes to inform the general public and all Nigerian Youths that the selection process has been concluded for successful applicants for the #DigitalSkillsTraining scheduled for April 11 to 30, 2021,” the statement said.

The Ministry added that only successful applicants that were contacted by the Ministry are to report at the training venue. Those who were not successful but arrive at the training would not be admitted.

Upcoming #DigitalSkillsTraining Programmes of the Ministry will be widely publicized on youthandsport.gov.ng , on : noya.ng and on the Ministry’s social media handles,” the statement added.

What you should know 

Recall that Nairametrics reported in November 2020, that the Ministry of Youths and Sports Development announced it will scale up its digital skills training to cover 500,000 youths across the country after securing funding under the COVID-19 stimulus budget.

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