Close Menu
    What's Hot

    New NSCDC Commandant Vows to Strengthen Safety in Kano

    November 9, 2025

    Soludo Wins As INEC Declares Remaining Outcomes

    November 9, 2025

    Ondo Police Bust Intercourse Syndicate, Rescue 15 Women Lured Underneath Job Pretext

    November 9, 2025
    Facebook X (Twitter) Instagram
    Politics Today
    • Home
    • Nigeria
    • Breaking
    • Business
    • Politics
    • Trends
    Facebook X (Twitter) Instagram
    Politics Today
    Home » Shettima launches Asset Restoration Programme, targets repurposing ‘hundreds’ of deserted property throughout Nigeria 
    Business

    Shettima launches Asset Restoration Programme, targets repurposing ‘hundreds’ of deserted property throughout Nigeria 

    By June 10, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Vice President of Nigeria, Kashim Shettima, has formally launched the Nationwide Asset Restoration Programme by the Nationwide Company for Science and Engineering Infrastructure (NASENI), focusing on the repurposing of “tens of hundreds of deserted public property and equipment” nationwide.

    This was disclosed in a press release issued by the Senior Particular Assistant to the President on Media & Communications (Workplace of the Vice President), Stanley Nkwocha, on Sunday.

    The launch befell on the Borno State Agricultural Mechanisation (BOSAMA) Farm Centre in Maiduguri, within the presence of dignitaries together with the Governor of Borno State, Professor Babagana Umara Zulum; Minister of Agriculture and Meals Safety, Senator Abubakar Kyari; and Govt Vice Chairman of NASENI, Mr. Khalil Suleiman Halilu.

    “The programme goals to revive and repurpose tens of hundreds of deserted public property and equipment nationwide, in keeping with President Bola Ahmed Tinubu’s administration’s imaginative and prescient to spice up industrial productiveness and agricultural output,” the assertion partly reads. 

    Talking on the launch ceremony, as monitored by Nairametrics on NTA, Shettima mentioned that for too lengthy, Nigeria has been profiled as a nation with poor upkeep tradition, with this dysfunction chopping throughout each the non-public and public sectors.

    “Sufficient of investing our scarce assets in concepts and initiatives that get deserted midway by means of. Sufficient of permitting our crucial property to lie in waste whereas we funds 12 months after 12 months for the issues they had been procured to resolve. 

    “This initiative, the NASENI Asset Restoration Programme, is a response to our cross-generational dilemma about what to do with deserted and poorly maintained property of the nation, of the individuals,” he mentioned. 

    He highlighted that knowledge on the federal authorities’s disposal reveals that Nigeria at the moment holds over 26,000 items of broken-down however serviceable heavy-duty tools, and practically 500,000 element scraps that may be restored or repurposed.

    “This contrasts with the stark actuality that we now have solely 7,000 to 12,000 useful tractors in a rustic that wants 2.4 million tractor items to satisfy meals manufacturing objectives over the following decade,” he added. 

    Based on him, these figures are a reminder of what have to be carried out and a cause to have a nationwide stock of worth ready to be unlocked.

    He counseled NASENI, by means of the Asset Restoration Programme, for stepping ahead with these good concepts to mitigate a nationwide tragedy by means of the repurposing of deserted property.

    “Past this promise to repurpose {hardware}, NASENI has proven an amazing capability to function a nationwide lab centre for know-how switch, homegrown engineering, and adaptive innovation. For this reason we should help them. 

    “We now have seen NASENI at work, taking part in crucial roles in our interventions in compressed pure fuel (CNG) retrofitting, renewable vitality applied sciences, and agricultural mechanisation. 

    “We’re reminded greater than ever that we are able to’t create sturdy Nigerian options to Nigerian issues until we localise world applied sciences, and related companies have to be supported to safe a steady nation and a promising future,” he mentioned. 

    “You’re the different half of the work, as a result of if we restore these important property, we should all defend them. 

    “These machines, these instruments, and these applied sciences are the property of every of you, of every Nigerian,” he mentioned. 

    He urged Nigerians to see the repurposed property and others underway as a collective nationwide inheritance.

    economy
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

      Related Posts

      Charles Soludo wins second time period as Anambra governor with 422,664 votes 

      November 9, 2025

      Lagos Govt points 72-hour ultimatum to QMB Mart over unlawful constructions 

      November 9, 2025

      Saudi Arabia launches self-deportation platform for airport immigration 

      November 9, 2025
      Leave A Reply Cancel Reply

      TRENDING
      Trends

      Buhari, Yar’Adua Immortalised in Katsina Eminent Nigerians E-book

      By Todays PoliticsOctober 3, 20250

      Former Presidents Muhammadu Buhari and Umaru Musa Yar’Adua have been named among the many prime…

      Trends

      Gov. Yusuf’s Administration Marred by Huge Corruption – Ex-Kano SSG Baffa Bichi Alleges

      By Todays PoliticsMay 3, 20250

      Dr. Abdullahi Baffa Bichi, the previous Secretary to the Kano State Authorities, has criticized Governor…

      Politics

      APC Discussion board Dares Nat’l VC N’Central, Says We Received’t Be Intimidated

      By February 9, 20250

      The North-Central All Progressives Congress (APC) Discussion board has criticized the social gathering’s Nationwide Vice…

      One Scholar Useless, Many Injured As Classroom Collapses In Yobe

      By February 21, 20250

      One pupil was reportedly killed when components of a classroom block collapsed on the G…

      Top Posts
      Business

      Charles Soludo wins second time period as Anambra governor with 422,664 votes 

      November 9, 2025
      Business

      Lagos Govt points 72-hour ultimatum to QMB Mart over unlawful constructions 

      November 9, 2025
      Business

      Saudi Arabia launches self-deportation platform for airport immigration 

      November 9, 2025
      Business

      US tightens entry Visa guidelines, specializing in candidates’ well being and skill to pay for care 

      November 8, 2025

      Type above and press Enter to search. Press Esc to cancel.