FG launches $500m annual research fund to boost innovation, economic growth

The Federal Government has approved a $500 million annual funding scheme aimed at strengthening Nigeria’s research and innovation ecosystem and aligning it with global standards. The initiative, known as the National Research and Innovation Development Fund, is designed to provide sustainable financing for research, innovation, and the commercialisation of discoveries across universities, research institutions, and…

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Dangote warns AI could disrupt engineering, calls for urgent industry action

President and CEO of Dangote Industries, Aliko Dangote, has cautioned that the rapid rise of Artificial Intelligence could significantly disrupt traditional engineering practices, potentially replacing roles long performed by human engineers. He made this known during his induction as an Honorary Fellow of the Nigerian Academy of Engineering in Lagos, where he urged professionals to take a proactive role in…

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First Lady Oluremi Tinubu launches ECoN in Kano

Nigeria’s First Lady, Oluremi Tinubu, on Thursday formally launched the Energise Commercialisation Now (ECoN) initiative in Kano, a programme designed to strengthen the country’s innovation ecosystem and drive economic diversification. Speaking at the national unveiling, Mrs. Tinubu said the initiative is in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which focuses on industrialisation,…

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