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NASENI secures $200m renewable energy deal, to release products in market Q1 2024

Khalil Suleiman Halilu, Executive Vice-Chairman and CEO of NASENI

*Khalil Suleiman Halilu, Executive Vice-Chairman and CEO of the National Agency for Science and Engineering Infrastructure,  discloses the agency’s readiness to commercialise its products via technology transfers as it attracts more private sector requests for collaborations

Isola Moses | ConsumerConnect

As the regulatory agency moves to commercialise its products via technology transfers, Mr. Khalil Suleiman Halilu, Executive Vice-Chairman and Chief Executive Officer (EVC/CEO) of the National Agency for Science and Engineering Infrastructure (NASENI) has said his vision or direction is to make the agency’s products and technologies available in every household in Nigeria in the next few years.

Halilu, who stated this dieing his maiden Television media interaction Thursday, November 2, 2023, held at the Agency’s headquarters in Abuja, FCT, disclosed that some tangible products from NASENI’s prototypes would be in the market through technology transfer arrangements, specifically, by 1st quarter (Q1) 2024.

Olusegun Ayeoyenikan, Director of Information at NASENI, noted in a statement the EVC/CEO said: “Expect some products from NASENI’s R&D efforts in Nigeria market during the first quarter of 2024.”

Halilu also said expectations from stakeholders of NASENI were very high as its activities must ensure transparency and focus to assist the Agency to deliver on its mandate.

According to him, part of his preoccupations since assuming office in September this year is to give adequate attention to enhance the human capital potential of the Agency through improved motivation for staff to enable them adjust to the transformations to be introduced in the system. Stakeholders’ engagements and efforts at rebranding the Agency around its products and technologies have remained top priorities, Halilu stated.

The NASENI Chief, who further stressed the era of stacking prototypes on shelves had ended in the Agency, said all its products and technologies must find their ways to the market.

He explained: “We are going to do a national re-branding to have footsteps of NASENI products in every household in the country. In the next few years this is what Nigerians should expect.

“We are no longer going to sit back to watch endless research and prototypes, keeping them on the shelves.

“We will take them to the market so that Nigerians can consume them.”

Halilu stated: “In fact, one of our next year’s plans is to have NASENI Showrooms in key cities of the country.

“So that NASENI products are not things you view only on televisions but anyone could walk into our product outlets to experience those technologies that we’ve been talking about.

“And that is another way we will be expecting the public to hold us accountable as part of the promises we made.”

The EVC/CEO as well affirmed that he met lots of wonderful researches with over 150 products at prototypes level when he came on board.

“However, the commercialisation aspects are very little. “Coming from my background of manufacturing and technology innovation, I believe the whole essence of doing research is to transform it into meaningful products that will have impacts on the economy.

“We are going to do this through technology transfer. Ever since we made the announcement to go into technology transfer particularly, especially the intention to have our products in the market, we have been receiving a lot of interests from private sector organisations looking out for our capacity, the spread and goodwill which we are endowed with being a government organisation, and how they can partner with us,” he noted.

Halilu also recalled a recent trip to China by the top management of the Agency, led by the EVC/CEO himself: “we just came back from China with the Vice-President from the Belt and Road Initiative (BRI) Forum where we signed a $2 billion dollar partnership MoU for technology transfer into Nigeria, which is something we were able to achieve in just five weeks of operations.

“At the same forum, we received a lot of partners that provided letters of Intent to partner with us, to invest in the country’s economy amounting to $4 billion.”

According to him, NASENI’s China trip has the potential to yield about $6 billion in foreign direct investment (FDI) to Nigeria.

He stated: “And the areas that the agency received interests were around Unmanned Aerial Vehicles (UAVs), Electric Vehicles (EVs), Agricultural equipment, Electronics and Electrical equipment and many others.

“This effort he observed has sent a positive signal to the world and potential partners.

“Everyone is looking forward to Africa, there is no better time than now to leapfrog development, reduction of unemployment and alleviation of poverty.

“We have resources in abundance and we have to add value to whatever we are doing.”

The NASENI Executive Vice-Chairman said: “One of the alarming things in our economy is the fact that we are adding little or no value to our commodities. Yet, we are heavily a consuming economy with a big workforce.

“We are trying to see how we are going to change that narrative; given the kind of mandate we have at NASENI.”

Halilu contended that Nigeria could not afford to continue to export its raw materials.

He stated: “Therefore, we have set up strategies, outfits and partners to see to the kind of policies as well as government inputs to support our desire to add value to our commodities and raw materials before exports.”

Fruitful stakeholder engagements

Halilu as well recalled that NASENI under him has rigorously been involved in lots of stakeholder engagements with many organisations showing interest in its activities for collaboration and products offtake.

One of such partners, he said, was the Rural Electrification Agency (REA), for example, which had committed itself to a whopping $200 million procurement agreement with NASENI as long as our agency could produce the kind of products they consume.”

NASENI’s team has also conferred with the Minister of Science and Technology to explore areas of opportunities around gas, ditto, the Ministers of Information and Finance among other stakeholders, he noted.

The EVC/CEO stated that lots of stakeholders have queued up and shown much interest in the new direction being charted by the NASENI, and are willing to partner with the agency.

He disclosed the most recent of the stakeholders’ engagement took place Wednesday this week when he led  the Management of the Agency, to meet with members of the National Assembly, especially the Senate Committee on NASENI, which has oversight function on the Agency.

He related “the distinguished lawmakers wanted products to come to the economy, and NASENI too wants products to go into the market.

“So, both the Senators and we are on the same page in terms of expectation and the renewed hope to revamp the economy along the lines of productivity and development of the real sector.”

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