Financial Discipline: Making Every Naira Count By Kemi Adeosun

Economists have long found Nigeria to be something of a conundrum. The macro picture has always appeared compelling - large population, oil reserves, mineral reserves, endless tracts of arable land, land and sea borders for regional domination. Indeed the absurdity of our underperformance is only surpassed by our ability to accurately quantify our losses and missed opportunities.In the short...

Osun renames State University after Bola Ige

Gov. Rauf Aregbesola of Osun has named Osun State University after former Minister of Justice and Attorney General of the Federation, the late Chief Bola Ige.Aregbesola announced this at the convocation of the university.Other institutions renamed were Osun State College of Technology, Esa-Oke now Bisi Akande College of Technology; Osun State Polytechnic Iree now Sunday Afolabi Polytechnic.The College Of...

Nigeria ‘at forefront’ of push to freeze oil production levels

OPEC member Nigeria is "at the forefront" of the push for a global agreement to freeze the level of oil production, Energy Minister Emmanuel Ibe Kachikwu said on Tuesday.Discussions on freezing production levels were ongoing ahead of an extraordinary summit of the Organization of the Petroleum Exporting Countries (OPEC) to be held later this month, he told reporters in...

Nigerian Rail Transportation are being designed to operate for Comfort and Safety- Minister

The Minister of Transportation, Mr Rotimi Amaechi, has said  that the Federal Government’s efforts at transforming the country’s rail transport system were on course. He made the declaration at the inspection of newly-acquired executive coaches for the Abuja-Kaduna standard gauge line at the Apapa Ports Terminal in Lagos.Amaechi, who was represented by Mr Mohammed Babakobi, Director, Rails, Federal Ministry...

Five dead, several others trapped as building collapses in Lekki

 No fewer than five people have been confirmed dead and others feared trapped after a five storey-building collapsed at Lekki Phase one on early Tuesday morning.Local residents who trooped to the scene say the disaster had long been expected as the developer, Lekki Gardens, allegedly build houses “in a speedy manner”.Director, Lagos State Fire Service, Rasaq Fadipe, had stated...

Engineers who neglect Professional Development Risk being uncompetive in Labour Market – Dr Jubril Adeyemo

Dr Jubril Adeyemo is the former Past Chairman Nigerian Institution of Mechanical Engineers, Lagos State. He bares his mind with Isqil Najim on relevance of Mandatory Continuing Professional Development among Engineers. Excerpt  On Mandatory Continuing Development, MCPD The Mandatory Continuous Professional Development ( MCPD) Program was designed to update the professional skills of the practicing engineer and allow him to obtain specific certifications beyond the...

Nigeria: The Economic Upside, By Kemi Adeosun

Nigerians voted for change and to attain that change there is a need to do things differently, in the recognition that doing what we have always done will only result in more of the same. That change has started with the vital offensive against corruption, which has had a huge and adverse effect on our economy. Much of the...

Nigeria got its power sector privatisation wrong- Engr Otis Anyaeji

Long before the Federal Government decided to privatise its power sector; President of the Nigeria Society of Engineers, Otis Anyaeji, had been a key player in the industry. In this interview with ONWUKA NZESHI, he reveals how the bureaucrats in the last administration misconstrued the advocacy for private sector participation and handed over multi-billion dollar power assets to cronies...

How Do Astronauts Get Drinking Water on the ISS?

Transporting anything to the space station is extremely expensive—launching a SpaceX rocket costs more than $1800 per pound. And you know what’s really heavy? Water.Tanks of H20 can't be constantly shipped up to the International Space Station, so the station has a complex water system that squeezes every last drop of available, drinkable liquid out of the environment. That...

Manufacturers Cry Out over N9bn Daily Expenditure Powering Generators

The National President of the Manufacturers Association of Nigeria (MAN), Dr. Frank Udemba Jacobs has said that his members have been expending an average of N9 billion daily to generate electricity in their factories.Jacobs, who spoke during a courtesy visit to the Minister of Science and Technology, Dr. Ogbonnaya Onu, in his office in Abuja yesterday, described the supply...

NIMechE Ibadan Inducts Graduate Members, as its Organised National Technical Presentation in Ibadan

As part of the Institution’s determination to give our young members sense of belonging, The Nigerian Institution of Mechanical Engineers recently organizes National Technical Papers presentation and Induction of Graduates members in Ibadan. This event organized by , The Nigerian Institution Of Mechanical Engineers Ibadan Chapter organized Graduate induction Ceremony for Graduating students of the Mechanical department in the...

We shall leave no stone unturned as we project more Women to professional limelight- Engr. (Mrs.) Hauwa Sadique

Inaugural Address by Engr. (Mrs.) Hauwa Mohammed Sadique, MNSE, MNIAE during her  Investiture as the 14th President of The Association of Professional Women Engineers of Nigeria Protocol It gives me a great pleasure to welcome you all to this special and historical occasion.  It especially gives me a lesson in humility giving that this event is a gathering of minority in...

Happy Birthday to the “Ray of Hope”, Engr Otis Anyaeji

Engr Otis Anyaeji has been described as a Ray of Hope, a True Beacon of Light, a Torchbearer & a Pacesetter.Engr Otis Anyaeji is a Mechanical, Automotive, Plastic, Cost and Valuation Engineer, and Strategic Planner, who was born on 4th March, 1951 in Onitsha, Anambra State.The Founder of the Consulting Engineering and Management Consulting outfit – OTIS CONSULT LTD/OTIS...

Responsible robots, AI and the future of humanity by Andrew Wade

Earlier this week I came across an infographic published by tech website Futurism. It’s based on the predictions of Ray Kurzweil, an American computer scientist and author who has written extensively about artificial intelligence. In his book The Singularity is Near, Kurzweil outlines a future of ever expanding computing power and automation, where robots and AI become increasingly embedded...

Back To The Land: What We Should Have Done Decades Ago With Our Oil Money! By Akintokunbo A Adejumo

“With the downturn in the global prices of oil, we now have to prospect our solid minerals. We have to return to agriculture. Mining and agriculture are our hopes now. We will welcome investments in these areas. We will appreciate an in-flow of   more resources and expertise to help us achieve our objective of economic diversification.” President Muhammadu...