Business
RMRDC, PIN Move Toward Introduction Of AI, CNG In Polymer Products
Joel Ajayi
In the face of an impending global energy crisis and the imperative to combat climate change, the integration of Artificial Intelligence ,AI, into the energy sector stands as a seismic shift in the way we approach energy sustainability.Based on this, Polymer Institute of Nigeria PIN, and Raw Materials and Research Development Council has restated the commitment toward Optimization Using Artificial Intelligence for Economic Recovery, CNG Conversion and Clean Energy Development.
A moves that many believes would go a long way in leading to a new wave of industries in the sector which will eventually provide the required raw materials for the other industrial sectors, leading to re-industrialization of Nigeria and hence providing a sustainable solution to the paradox of the Nigerian economy.
Speaking on Thursday in Abuja, At 34 Annual Technical and 6th international conference of Polymer Institute of Nigeria in collaboration with RMRDC, the president of Polymer Institute Prof. Paul Ejikeme said the institute is working seriously to make sure that they will contribute greatly to responsible use of polymers.
“Anytime you mention polymer people’s mind will quickly run to those places where polymer is a problem. As polymer institute of Nigeria what we are doing as a professional body is to be more like a pressure group on government to make sure that a number of legislations, policies are put in place to ameliorate part of the problems associated with the use of polymer.In his keynote Address, the speaker, President of African University of Science and Technology ,AUST, Prof. Azikiwe Inwualu, said.
“I believe that we have sufficient number of eminent scientists, industrialists, professionals, policy makers, regulators and civil society in this conference to interrogate these issues in order to evolve sustainable solutions that can ensure Optimisation of polymer production and utilization processes for economic development and environmental sustainability.
“These can lead to re-industrialisation of Nigeria and pollution free cities if we adopt circular economy principles to ensure that polymer waste becomes new materials for other products and processes”.
He also called on government and other relevant stakeholders to live up to their expectations so that the Polymer sector can galvanise industrialisation.
“The role of government in achieving the above is key. The various institutions and regulatory agencies that have been established under the PIA should be reinforced and enabled to function optimally in such a way that the downstream oil and gas industries can thrive once more in Nigeria. This will lead to a new wave of industries in the sector which will eventually provide the required raw materials for the other industrial sectors, leading to re-industrialization of Nigeria and hence providing a sustainable solution to the paradox of the Nigerian economy”.
According to him, “The environmental challenges associated with the use of polymer is just like the key note speaker said “irresponsible use of polymer” and for us as an institute; we are working on the chartering of our institute and if the institute chartered, the bill has passed through the national assembly (House of Representatives and the Senate), and was with the former president but was not signed. But we are following it up.
“If that bill goes through and it becomes an Act, what it means is that a lot of things will be put in place that will lead to responsible manufacturing and responsible use of these polymeric products. Many of us and our colleagues have done a lot of work in degradable polymers which means that after use the products can degrade over a short time.
“The Director General, Raw Materials Research and Development Council ,RMRDC, Prof. Martin Ike-Muoso has urged polymer scientists in Nigeria to come up with polymeric products that are degradable and eco friendly.He spoke at the opening ceremony of the 6th Annual Polymer Institute of Nigeria (PIN), in Abuja on Wednesday with the theme, “Polymer Optimisation, using Artificial Intelligence for Economic Recovery, CNG and Clean Energy Development”
On his own, the Director General of RMRDC Prof. Ike-Muoso who was represented by the Director, Chemical and Pharmaceuticals, RMRDC, Dr. Abubakar Kolere, said, “One other challenge that has always come to us and both you is the issue of bi-degradable polymer. It has remained a challenge and it has been a challenge to all polymer scientists and it has been the challenge of manufacturing. It has been an issue even in the SDGs; the menace of plastic waste is a challenge.
“One of the ways is to look at and address that issue is if you can develop bio-degrable polymers especially from various resources, researches and other sources. With that we can do quite a lot; develop the sector, protect the environment and mitigate the effects and impacts of climate change and global warming”.
Speaking earlier he said, “We at the RMRDC with the key mandate of the development and utilisation of raw materials are significant partner of Polymer institute.
“The council also takes this conference seriously because it identifies it as one of the sources where significant R&D projects can come out that the council can partner with researchers in other to fund and move forward. Our main task remains value addition of raw materials”, he noted.
Speaking on the important of the conference, Chairman Local Organising Committee and Deputy Director RMRDC Mrs Elizabeth stressed the importance of Polymer to individuals, household, and country at large.
According to her, let me say there is nothing that is not polymers. Polymer has very wide use. And for any governments, for any country to have good economic recovery, you need to develop the polymer sector.
“If you talk of, is it engineering? You are talking of oil, you talk of household, you are talking of textile. In fact, the list is endless. Food squares, everything you need polymers.
“And in this era of artificial intelligence, you know that technology is moving very, very fast. And if we don’t adopt this artificial intelligence, even in developing our own polymer sector in this country will be left far behind. So, we have a lot of experts that have come up with innovations, with researches that can turn around the polymer sector in this country for economic recovery.
“And those are the people that we’ve compiled here. And at the technical sessions, we are going to drop minds and see what we can do with this innovations and discoveries that we are bringing on the board”.
Business
Minister of State For Industry Charges NEPZA on Impactful Performance
Throws Support Behind Current Management
Honourable Minister of State For Industry, Senator John Owan Enoh today Thursday the 19th of December, identified the importance of enhanced performance with direct impact on the lives of the Nigerian people as critical to the implementation of the core mandate of agencies within the Industrial sector of the Federal Ministry of Industry, Trade and Investment.
Speaking when the top management of NEPZA led by the Managing Director/CEO, Dr. Olufemi Ogunyemi paid him a visit in his office to deliver a progress report on the activities of the authority, the Minister of State for Industry, charged the management of NEPZA to pay greater attention on delivering enhanced performance with focus on industrial matters that will impact the Nigerian people in line with the Renewed Hope Agenda of the present administration. While expressing his readiness to work closely with the leadership of the authority to achieve this objective, he called for continued engagement with the management of NEPZA to achieve this shared objective.
Presenting his progress report to the Honourable Minister of State, Dr. Ogunyemi stated that NEPZA is committed to repositioning itself through various initiatives to ensure continued growth and excellence. He stated that in line with the Renewed Hope Agenda of the present administration, the agency has expanded the Free Trade Zones and clusters to 55 across the nation and generated 13,720 jobs in the process
Within the year under review, the authority also registered 39 new enterprises, registered three new trade zones, facilitated the establishment of the Lekki Deep Sea Port development within the Lagos Free Trade Zone in record time and brought in significant Foreign Direct Investment (FDI) inflow into the country’s economy. Within the period under review, the Managing Director informed the Minister that the work of the authority has led to the inflow of $1 billion worth of investment into the country from the trade zones this year alone. This, in addition to the sum of N425 billion, the trade zones paid as customs duty to the Nigeria Customs.
NEPZA, he said, is engaging with the Securities and Exchange Commission (SEC), the Nigeria Stock Exchange (NGX), and other stakeholders to draft regulations for listing Free Zone Enterprises on the Nigerian Stock Exchange.
The listing he said will enable free zone entities, to access additional finance through the Nigerian capital market, create a framework for Free Zone Entities to contribute to the growth of the capital market and enhance NEPZA’s regulatory oversight of listed Free Zone Entities.
He appealed for the support of the Honourable Minister to enable the authority to overcome current challenges. These include outdated legal and regulatory frameworks, limited understanding of the Free Trade Zone concept, multiple taxation by revenue agencies, limited access to foreign exchange, and inadequate infrastructure, among others.
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