News
Like China and Japan: NASENI is Pathway to Nigeria’s Industrial Economy
By Mr. Olusegun S. Ayeoyenikan
Nigeria cannot have real development without a sustainable industrial growth and manufacturing capacity which is the solution to poverty, unemployment and insecurity.
No doubt having an industrial goods production base and or a competitive industrial economy is the only remedy to Nigeria’s dependence on importation of goods, technologies and services from other nations.
What is an industrial economy? Simply put, it is the prevalent use of machines, equipment or technologies in industry and all business concerns which combine other factors of innovation, production, facilities, supplies, work and knowledge to produce material goods or services intended for the market.
The complex and functional nature of infrastructures and investments in science, technology and innovation system put in place by a nation to drive own’s industrial production and manufacturing techniques determine the relative presence or lack of apparent competitiveness in the production of processed and manufactured goods that are being connected between industrial activity and the activity in the primary sector, local or international trade and service activity.
When a nation significantly lacks the above-mentioned factors for economic efficiency, it faces industrial underdevelopment with all the associated deplorable social and economic conditions.
Countries like Japan and China who initially were not among European nations which experienced the first and second industrial revolutions in the 17th, 18th to 19th centuries respectively had rapidly advanced to join the league of industrialized nations of the West because those nations overtime deliberately invested in research and development (R&D), innovation, science and technology.
“Similarly, the newcomers to the global industrial arena, known as the Asian Tigers—Malaysia, Singapore, Thailand, and others—discovered the secret of substantial investments in science and innovation much earlier than many African nations, including Nigeria”
Science and technology, engineering research and innovation are the essential bedrocks for any meaningful industrialization endeavour to take place. The implication for Nigeria is that if engineering, science, technology and Innovation are not given due priority in our nation’s economic recovery and growth plans, any success expected to be achieved will soon be short-lived or unsustainable. Countries like Japan, U.S.A, China, Germany, Indonesia others had overtime gained their reputation as “Economic Giants” due to the priority which the leaders gave previously to R&D investments, earmarking 5-6 per cent of their gross domestic products (GDP) for the development of science, technology and innovation (STI). Investment in STI is a core factor of development and therein lies the secret of advanced nations’ leadership, pursuit and commitment.
The founding fathers of the National Agency for Science and Engineering Infrastructure(Presidency) in 1992 established the agency with the aim of establishing and nurturing an appropriate and dynamic Science and Engineering Infrastructure base for achieving home-initiated and home-sustained industrialization process through the development of relevant processes, appropriate local machine design and machine building capabilities for capital goods and equipment manufacture to guarantee job creation, national economic well-being and progress.
Previous R&D efforts and other activities within NASENI’s mandate areas had translated into various technology interventions leading to attainment of capacities and capabilities in local mass production of capital goods, tools and equipment in critical sectors of the economy like agriculture, power, water resources, automotive industry, ICT, health, aviation, education, transportation, scientific equipment and manufacturing, chemical and other engineering materials. The list is boundless.
NASENI was strategically established to produce relevant technologies, set up industrial plants and stimulate knowledge-based entrepreneurship for the socio-economic advancement of the country. Its major challenge in the past were lack of patronage of its products and technologies by local entrepreneurs or businesses, exacerbated by low commercialization attempts of its R&D results, leaving most of them wasting away on the shelves.
However, with the coming on board of a new chief executive, Mr. Khalil Suleiman Halilu, a techpreneur and businessman, there has been a dramatic change of focus toward full commercialization of NASENI’s resources, making them available in the market to end users of its R&D products, machines and other equipment to boost the economy. NASENI today stands as a beacon of indigenous technological advancement, aligning with its core mission of fostering dynamic Science and Engineering Infrastructure for national progress.
The agency under the leadership of Halilu has articulated a bold vision to fuel Nigeria’s innovation for a sustainable future through the 3Cs principle of Collaboration, Creation and Commercialization which have indeed opened more doors to result-based partnerships with national and international communities.
According to Halilu, “our new model at NASENI is to do everything to conserve resources, avoid duplication of efforts, and shorten go-to-market time. What this means is that wherever we find serious partners who are already operating in our areas of interest, we will work with them to improve our products and take these products to the market. As a government agency, we are not out to compete with the private sector. Instead, we are here as partners and enablers, helping with everything from design to testing, or helping companies in scaling-up production capacity and to seek out new markets.”
The agency recently unveiled to the general public some branded technological products manufactured in collaboration with its partners. They included solar irrigation systems, electric vehicles (ranging from tricycles to motorcycles), NASENI home solar system, animal feed milling machines, laptop, smartphone, solar streetlamp and lithium battery. All these efforts were geared towards creating jobs and to reduce import bills.
NASENI is not only promoting the development of digital technologies such as mobile financial transaction platforms to bring more people into the formal economy, the agency is also carrying out additive manufacturing, using 3D printing and other advanced manufacturing technologies to produce goods locally. NASENI has developed an electronic voting solution to help reduce electoral malpractices during elections. The organization is also working on other projects such as smart prepaid meter and unmanned aerial vehicles (UAVs) to promote economic development in Nigeria.
In addition, there will be concerted efforts to increase the inputs of locally-sourced materials in all product components. NASENI will also work to ensure full transfers of all required Intellectual Property (IP) and technology elements including licensing for domestication and adaptations.
Halilu has pledged to keep the public updated about the progress in the industrial transformational journey of Nigeria, which is a direct manifestation of the Agency’s triple principle of Collaboration, Creation and Commercialization. “As the only purpose-built agency of the Federal Government in Nigeria with a technology transfer mandate, NASENI will always focus on progressively scaling-up local-content sourcing, and strengthening domestic technical and production capacities,” says Halilu.
Going forward, the agency will continue to play crucial roles in Nigeria’s economic transformation not only now, but also serve as leader in the promotion of science and technology, developing indigenous solutions to foster economic growth, provide capital goods and services based on sound engineering practices, support infrastructure development that are essential for manufacturing and economic growth, including driving technological advancement through R&D amongst other initiatives.
Let all hands be on deck at this critical time in the life of our nation as the agency and its team of stakeholders, partners and collaborators continue to assist in pulling Nigeria out of her socio-economic difficulties through STI. According to recent statistics by National Bureau of Statistics (NBS), Nigeria’s investment in science and technology has led to significant growth in sectors like telecommunications, IT, and e-commerce, contributing around 10-15 per cent to gross domestic product (GDP). However, compared to other developed nations whose economic growth is dependent on STI, Nigeria is still lagging behind. China’s investment in STI contributes around 30-40% to its GDP; UK’s investment contributes around 20-25%; USA’s investment contributes 30-40% to its GDP while Indonesia’s STI contributes around 10-15 percent.
The lasting solution to our country’s economic dilemma now is for us to turn determinedly toward a continuous investment in science, technology and innovations as we journey toward industrialization, and regarding this particular endeavour for Nigeria, the National Agency for Science and Engineering Infrastructure (NASENI) is on the driver’s seat.
Mr. Olusegun S. Ayeoyenikan is the Director Information, National Agency for Science and Engineering Infrastructure (NASENI) Headquarters, Abuja
As digital payment adoption continues to grow across Nigeria and emerging markets, the next phase will depend not just on innovation, but on the strength, reliability, and trustworthiness of the infrastructure behind it.
While the ecosystem has made clear progress in recent years, trust remains a critical issue for users, businesses, and operators alike. Questions around resilience, security, interoperability and transaction reliability continue to shape how the market evolves and how confidently digital payments can scale.
These issues will be central to the deliberations at Digital Pay Expo 2026, where fintech leaders, payment operators, and other ecosystem stakeholders will gather under the theme, “Seamless Digital: Fostering Pan-African Market Expansion in the Era of AI.”
PalmPay’s participation reflects its continued commitment to building trusted and scalable payment infrastructure, while contributing to the broader industry efforts to strengthen systems, standards, and partnerships needed to support long-term ecosystem growth.
Speaking ahead of the event, Olorunfemi Hanson, Head of Marketing and Communications at PalmPay Nigeria, said: “As the financial services ecosystem continues to grow, trust and reliability become even more important.
“The industry’s next phase will be shaped not only by innovation, but by the strength of the infrastructure supporting it. Digital Pay Expo provides an important platform to address the resilience, interoperability, and trust issues that will shape the future of digital payments growth across Africa.”
The event, scheduled to be held from the 17th to the 18th of June, 2026, will feature Chika Nwosu, Managing Director of PalmPay Nigeria, alongside other distinguished guests, including the Director-General, Payment System Management Department (PSMD), Central Bank of Nigeria. The event will examine how the industry can balance innovation, regulation, and scalability while strengthening trust across the digital payments value chain.
For PalmPay, this event reinforces its role in supporting a more resilient, secure and scalable payments ecosystem for Nigeria and emerging markets more broadly.
The UK Minister for Africa and International Development, Baroness Jenny Chapman, has concluded a two-day visit to Nigeria, during which she announced a new £15 million Growth Programme, deepened cooperation on digital transformation and health, and visited communities benefiting directly from UK investment on the ground.
The visit, spanning Abuja and Kaduna, underscored the breadth and depth of the UK–Nigeria Strategic Partnership and marked a significant step towards both countries’ shared priorities.
The UK–Nigeria Growth Programme
The centrepiece was the meeting with Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele. During their meeting, they discussed the new UK–Nigeria Growth Programme. Over three years, it will accelerate economic transformation, unlock private investment and support Nigeria’s transition from macroeconomic stabilisation to sustained, reform-led growth.
Alongside the Growth Programme, the UK announced deeper collaboration on Nigeria’s digital economy through the SPRIRET initiative, delivered under the UK’s Digital Access Programme. SPRIRET will support digital governance reforms across five Nigerian states, reducing regulatory barriers and enabling greater investment and innovation in broadband, digital services and emerging technology.
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele said: “We continue to value the UK–Nigeria relationship, one of the most important partnerships for both our countries. Today, that relationship extends beyond traditional ties and now focuses on development, growth, and shared prosperity.
“The UK–Nigeria Growth Programme helps bring this partnership to life—supporting capital market development, technology investment, small businesses, and technical assistance. We look forward to seeing how these opportunities deliver lasting benefits and drive progress for both countries.”
Trade and bilateral ministerial meeting
During the visit, Baroness Chapman met with the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole. Discussions covered progress under the Enhanced Trade and Investment Partnership (ETIP), including boosting exports via the Developing Countries Trading Scheme, fintech and capital markets links.
Kaduna: building on two decades of partnership
In Kaduna, Baroness Chapman met with Governor Uba Sani to take stock of over 20 years of UK–Kaduna partnership and explore how cooperation can deepen shared priorities. She heard from the business community and key institutional investors about their investment aspirations and the role of the UK in supporting investment mobilisation and enabling climate finance.
She met with community animal health workers and livestock breeders to discuss the UK’s support on breeding techniques, animal health and livestock vaccines. She also visited Unguwan Sanusi Primary Health Care Centre, which serves approximately 20,000 people in Kaduna South, hearing directly from patients and frontline health workers about the impact of UK-supported health programmes.
At the end of the visit, the UK Minister for Africa and International Development, Baroness Jenny Chapman, said: “This visit has reinforced everything I believe about the UK–Nigeria partnership.
“That it is deep, it is real, and it is moving in the right direction. From launching our new Growth Programme with Honourable Minister Oyedele, to meeting from frontline health workers in Kaduna — every conversation this week has shown me a country full of ambition and a partnership that is genuinely delivering for both sides.
“Nigeria is a partner that the UK is proud to stand alongside and I leave more convinced than ever that the next chapter of this partnership is its most exciting yet. The UK is here for the long term, and we are ready to grow together.”
More than 810 million women across low- and middle-income countries (LMICs) remain offline, with Sub-Saharan Africa recording one of the world’s widest mobile internet gender gaps.
According to the GSM Association’s (GSMA’s) Mobile Gender Gap Report 2026, released this week, women in LMICs are still 12% less likely to use mobile internet than men, leaving an estimated 200 million fewer women connected than their male counterparts.
This is despite mobile internet becoming the primary gateway to the digital economy, according to new research from the GSMA.
The report reveals that of the 810 million women who remain offline globally, more than two-thirds live in Sub-Saharan Africa and South Asia −regions that continue to experience the widest disparities in digital access.
The findings highlight significant implications for Africa, and the challenges facing governments, mobile operators and development agencies seeking to expand digital inclusion.
The report notes that Sub-Saharan Africa’s mobile internet gender gap stands at 26%, second only to South Asia’s 25%. The divide becomes even more pronounced outside major cities.
“In LMICs, the gender gap in mobile internet adoption tends to be two to three times wider in rural areas than urban areas. In 2025, across all LMICs, the gender gap in mobile internet adoption was more than three times wider in rural areas than in urban areas.
“There is also a difference at the regional level, where the gender gap in mobile internet adoption is wider in rural than urban areas of LMICs in every region except Europe and Central Asia.”
For Africa, the rural challenge is particularly severe, the report warns.
The GSMA found that the gender gap in mobile internet adoption reaches 34% in rural areas of Sub-Saharan Africa, compared to 21% in urban centres.
Device challenge
Smartphone ownership remains a major obstacle to digital inclusion. The report found that women across LMICs are 13% less likely to own a smartphone than men, representing approximately 210 million fewer women with access to internet-enabled devices.
Across Sub-Saharan Africa, only 34% of women own smartphones, with the region recording a smartphone ownership gender gap of 22%, with access to internet-enabled devices remaining one of the most important factors influencing whether women eventually adopt mobile internet services.
“The type of mobile device a person owns matters, as it typically affects whether and how they use the internet. Once someone owns a smartphone, they are much more likely to be aware of mobile internet, adopt it and use it regularly and in a variety of ways. In fact, once women own a smartphone, these metrics more closely resemble those of men,” notes the report.
Barriers persist
Despite growing awareness of mobile internet and its benefits, women continue to face multiple barriers to meaningful participation in the digital economy.
The report identifies affordability, literacy and digital skills as the leading barriers preventing women from getting online.
Even after gaining access, women frequently report safety and security concerns, data costs and connectivity quality as obstacles to broader internet use.
The report notes: “Addressing rural gender gaps is essential to advancing digital inclusion for women overall. In particular, women who live in rural areas tend to have limited physical access to essential services and may have the most to gain from better access to mobile and mobile internet.
“Addressing gender gaps in mobile ownership, particularly of smartphones, and in mobile internet use can help women in rural areas benefit from these digital technologies to the same extent as men.”
Claire Sibthorpe, head of digital inclusion at the GSMA, warns that progress is not happening quickly enough and emerging technologies such as artificial intelligence risk creating new forms of digital exclusion.
“While there has been a slow narrowing of the mobile gender gap since 2022, much more is needed to address the persistent and significant gender gaps in mobile internet adoption and use.
“We live in an increasingly digital world and the proliferation of technologies such as AI are creating greater digital divides and inequities, elevating the need to ensure digital inclusion for all.”
Galaxy Backbone @ 20, Pledges Nationwide Connectivity, Data Sovereignty
KidsCook Showdown 2.0 Set to Empower Public School Pupils with Culinary, Life Skills
CBN Orders Banks, Fintechs to Host Payment Data Locally
PalmPay Joins Industry Leaders @ Digital Pay Expo 2026
UK Bans TikTok, Instagram, Facebook for Under-16s in Landmark Crackdown
CBN Extends PoS Geo-Fencing Enforcement Deadline to August 2026
NCC Drafts New Rules for Virtual Mobile Operators
TD Africa, HPE Drive Conversations on the Future of Intelligent Networking
London Strengthens Global Investment Ties with Africa @ First Ever London-Africa Business Summit
Easybuy Partners WAWUAfrica to Upskill 10 Million Youths and Women, Boosting Nigeria’s Economic and Financial Inclusion
General News1 day ago₦5m up for Grabs as 10 Startups Clash at the Gathering on 100 Pitchathon Aba
E-Business1 day agoCSOs Raise Alarm over Nigeria’s Data Protection Crisis
E-Financial1 day agoCBN to Expand eNaira for Salaries, Pensions and Welfare Payments
E-Business24 hours agoAI-Powered Cyber Threats Put Nigerian Banks on Alert
General News1 day agoCBN Moves to Stop Banks From Using Customers’ Money for Fintech Subsidiaries
E-Financial1 day agoCBN to Bar HoldCos from Influencing Banks’ Lending Decisions
Telecom1 day agoNITDA Reveals Why AI Could Be Nigeria’s Biggest Wealth Creator, Not Oil
Telecom1 day agoNASENI Unveils Ambitious Plan to Produce 600 Million Diagnostic Kits Annually