Tag: Funding

  • NDIC: Poor funding stalling MSMEs’ growth

    The Nigeria Deposit Insurance Corporation (NDIC) has linked the challenges of micro, small and medium enterprises (MSMES) to their poor funding.

    It said inadequate funding of MSMEs remained a major challenge, adding that as at June 30, deposits mobilised by the 936 microfinance banks stood at N173.3 billion.

    Its Managing Director, Alhaji Umaru Ibrahim, who spoke at a  one-day sensitisation workshop for operators of microfinance banks (MfBs), said all hopes were, however, not lost. He said effective risk management would help MfBs to respond to risks and also promote profitability and objective decision making.

    He said the workshop with Deepening the practice of microfinance banking through effective enterprise risk management as theme, created q platform for the corporation to share experiences on latest developments in the sub-sector. Experience sharing, he said, would ensure the survival of such institutions.

    Ibrahim said for MfBs to access the N220 billion MSMEs fund launched by the Federal Government last year, they must demonstrate strong enterprise risk management capable of enhancing the eligibility criteria.

    “NDIC, as an insurer, reimburses deposit of microfinance banks up to a maximum limit of N200, 000 per depositor in the event of failure of such microfinance bank. The new average coverage level represents an increase of 100 per cent over the earlier coverage level of N100, 000,” he said.

    The NDIC chief said microfinance banks have to be interested in enhanced risk management frameworks and take necessary steps to improve their compliance levels with sound risk management.

    “For instance, an increase in the interest rate could make micro-loan repayment difficult. Furthermore, new loans could become less attractive for small borrowers due to affordability pressures. Therefore, micro-finance banks should be able to assess borrowers’ capacity and willing-ness to continue with loan repayments in the case of an interest rate rise. Lack of thorough and effective assessment of market risk could have devastating impact on banks,” he said.

    Represented by Director, Special Insured Institutions Department at the NDIC, Joshua J. Etopidiok, Ibrahim  also said the Central Bank of Nigeria (CBN) had in September, 2013 issued the “Revised Regulatory and Supervisory Guidelines for Microfinance Banks in Nigeria” aimed at not just introducing a risk-based approach to the supervision of microfinance banks, but also in response to the changing financial landscape.

    He said the enterprise risk management framework was “developed to provide a proactive process to assess the safety and soundness of all microfinance banks operating in the country. He warned that microfinance banks must reduce risks on their own terms through effective management oversight and performance evaluation.”

    Ibrahim said the term enterprise risk management, in the context of a microfinance bank, was “the process of controlling the likelihood and potential severity of an adverse effect”, adding that, NDIC would deploy Differential Premium Assessment System (DPAS) in determining Deposit Insurance Premium for micro-finance banks.

    He assured that NDIC would continue to train only microfinance banks, which are up to date in their premium payment to the corporation, adding that, the corporation’s ability to sustain its efforts in ensuring that all insured institutions remained on the path of sustainable growth and development, depended heavily on the premium contributions by insured institutions to fund the Special Insured Institution Fund (SIIF).

     

  •  BoI seeks long term funding for SMEs

     BoI seeks long term funding for SMEs

    Small and Medium Enterprises (SMEs) need long term loans to achieve their full potentials, the Managing Director, Bank of Industry (BoI), Rasheed Olaoluwa, has said.

    Speaking during a conference for financial journalists  in Lagos at the weekend, he said finance has been identified in many business surveys as a critical factor for the survival and growth of SMEs in both developed and developing countries.

    “Access to finance allows SMEs to undertake productive investments to expand their businesses and to acquire the latest technologies, thus ensuring their competitiveness and that of the nation as a whole.

    “Poorly functioning financial systems can seriously undermine the macroeconomic fundamentals of a country, resulting in lower growth in income and employment,” he said.

    Olaoluwa, who was represented by the General Manager, SMEs, Abdul-Ganiyu Mohammed, said despite their dominant numbers and importance in job creation, SMEs traditionally have faced difficulty in obtaining formal credit, or equity.

    “For example, maturities of commercial bank loans extended to SMEs are often limited to a period far too short to pay off any sizeable investment. This is due to the short-term nature of their funds, with the attendant mismatch if granted as long-term facilities to SMEs. Meanwhile, the tendency is for access to competitive interest rates to be reserved only for prime customers, while loan interest rates offered to SMEs remain high. Accordingly, bank credit in Nigeria is characterized by limited availability of medium- to long-term credit tenors, short moratorium, and high collateral requirements,” he said.

    Speaking further, he said recent surveys of SMEs and banks by the World Bank and other stakeholders, have identified several factors limiting access to bank finance for SMEs.

    “In recent years, deposit money banks (DMBs) have continued to dominate Nigeria’s financial system. With relatively under-developed corporate bond and alternative securities markets, bank credit has constituted the main source of formal financing for Nigerian companies,” he said.

    He explained that based on the results of a World Bank survey of Nigerian SMEs in 2011, only an estimated9.5 per cent of Nigerian SMEs had a loan or line of credit in 2011, and bank financing of working capital and fixed assets was estimated to fill respectively only three per cent and two per cent of outstanding needs.

  • VC seeks govt funding for private varsities

    The Vice Chancellor of Al-Hikmah University, Prof Mohammed Ibrahim has urged governments all levels to grant special subventions to private universities in the country.

    The professor of community medicine also called on the federal government to allow private universities to benefit from the Tertiary Education Trust Fund (TETFund). Ibrahim spoke last weekend in Ilorin during the 5th convocation of the institution.

    He said Al-Hikmah University produced 817 graduates with 17 persons in the first class category.

    He added that the decay at the tertiary level of Nigeria’s educational system makes it imperative to address the funding and infrastructural requirements of the country’s universities.

    Ibrahim said: “I would like to call on our governments at all levels to wake up to the challenges posed by the declining quality and funding of education in Nigeria; the quality of teaching and research also needs to be given serious attention if our universities are to remain enviable citadels of learning and scholarship.

    “The overwhelming significance of the supportive role of private individuals and organizations in providing quality education to our youths cannot be overemphasized. Considering the enormous amount of financial requirement to fund university education, and non-profit vision of education as social service, it is highly imperative and therefore my plea and prayer to governments at all levels to consider granting some subvention to private universities in the country.”

    Prof Ibrahim said the new graduands are from the university’s six colleges and 54 diploma programmes.

    Breaking down the number of graduands, the vice chancellor said “217 are from our college of humanities and social science; 236 from the college of management sciences; 318 from the college of natural sciences and 18 from the college of education.

    “Of this figure 17 (2.1 percent) in first class (honours); 183 (22.4 percent) are second class (honours) upper division; 313 (38.4 percent) are in second class (honours) upper division; 273 (33.4 percent) are in third class (honours) division and 31 (3.8 percent) with pass degree.”

     

  • IGP calls for adequate funding of police

    IGP calls for adequate funding of police

    Inspector-General of Police (I-G), Mr Solomon Arase, on Monday called for adequate funding of the Nigeria Police to ensure operational efficiency.

    Arase made the call at National Security Conference on: Community Partnership Approach to Internal Security and Crime Management organised by Police and Sun newspapers, in Abuja.

    He said it was only through adequate funding that the huge logistic demand of the police can be met.

    Arase noted that modern policing was a cost-intensive venture of which the benefits far outweigh the value of budgetary investment.

    “Through effective funding, the welfare of police personnel will be met and the challenge of corruption that has eroded professionalism and public respect for police will be addressed,” he said.

    He called for the resuscitation and passage of the Bill on Police Trust Fund pending before the National Assembly to give effect to public-police partnership.

    The bill seeks to tax corporate entities to complement the Federal Government in funding the police.

    Arase maintained that if passed, the funding challenges of the police would have been addressed on a sustainable basis.

    He said the security challenges in the country and inadequate manpower would be best addressed through citizens-driven policing model.

    “This model will address the manpower deficiency challenge in the Nigeria Police as every citizen plays the role of police officer,” he said.

    In a key note address, the Sultan of Sokoto, Alhaji Sa’ad Abubakar, advised President Muhammadu Buhari to prosecute all those found guilty of corruption.

    “All found culpable of corruption should not only forfeit their assets but should go to jail. We are 100 per cent in support of your fight against corruption in the country,’’ he said.

    He called on the police and other security agencies to join in the crusade against corruption.

    Abubakar said the police needed to be repositioned for the 21st-century and to have their welfare reviewed.

    According to him, the traditional rulers had played vital roles in maintaining security in their various communities.

    He urged all Nigerians to close ranks with the police to ensure adequate security in the country.

    Chairman of the Police Service Commission, Mr Mike Okiro, said Nigerians were yearning for solutions to the security challenges in the country.

    He said the conference should come up with suggestions to address the challenges.

    Present at the conference were traditional rulers, members of civil society organisations and security experts.

    The high point of the occasion was the unveiling of A Guide to Personal Security, a handbook by President Buhari.

  • AAU harps on funding, standard

    The President, Association of African Universities (AAU) Prof Olusola Oyewole, has restated the call for better funding and academic standards for universities in Africa.

    Oyewole noted that the quality of teaching and research in such institutions remain a challenge leading to students and staff unrest, poor infrastructure and migration of talented academics to developed countries.

    Oyewole, who is also the Vice Chancellor of FUNAAB, was represented by the immediate past Dean, College of Plant Science and Crop Production (COLPLANT), Prof Goke Bodunde, at the first Soils of Forest Islands in Africa (SOFIIA) workshop.

    The event, held in the university was themed: “Scientific methods and communication, scientific proposals and ecosystems of Africa.”

     

     

    He lamented that despite the African Union’s commitment to the allocation of at least, one per cent of the Gross Domestic Product (GDP) of its member countries to Research and Development (R & D), only very few countries had complied, resulting in low research publications.

     

  • Borno elders seek Jonathan, others’ probe over military’s funding

    Borno State elders’  have urged the Federal Government to probe the alleged poor funding of the military by the Goodluck Jonathan administration.

    In a statement by its Chair, Ambassador Usman Gaji Galtimari, the Borno Elders Forum said some revelations made by the immediate past Chief of Defence Staff, Air Chief Marshal Alex Badeh, must be investigated.

    The group wants Jonathan and others questioned over  killings by Boko Haram insurgents due to the milltary’s alleged ill-equipment.

    It is also demanding compensation for relations of the dead.

    Air Chief Marshal Badeh was reported to have said that he presided over a military that was ill equipped and its troops poorly motivated.

    To the forum, the comments are “very revealing”  and extremely disturbing.

    Said the forum: “What particularly baffles the Borno Elders Forum was that at some point in 2014, the Governor of Borno State, Kashim Shettima, had said it publicly after assessing the true situation as the man on ground, that troops deployed in the fight against insurgents seriously lacked and required better military equipment and that those at battle fronts were poorly motivated. Several voices were raised in support of the governor’s position.

    “The governor’s comments were completely rebuffed by the then President who went as far as threatening to withdraw soldiers from Borno as he spoke on live television interview relayed by the Nigerian Television Authority, NTA, at a Presidential Media Chat.

    “Not only did the President rebuke the Governor and, by extension, the people of Borno State, his aides followed suite and roundly condemned the Governor.

    “The Borno Elders Forum deliberately refused to make any comment at that time because the Forum thought that as Commander-in-Chief, President Jonathan was in the best position to speak on the capacity of the Nigerian Armed Forces. The Forum remained silent out of wisdom and not to complicate matters.

    “To our very rude shock, it turned out on Thursday, coming from an authoritative mouth, that indeed the governor was absolutely right after all.

    “He has been vindicated by no less a person but the then Chief of Defence Staff who was the symbol of the Nigerian Armed Forces,” the forum said.

    It added that in view of Badeh’s revelation, a National Judicial Commission of Enquiry headed by an incorruptible judge from the South be set up.

    The commission, the group said, should “ask the immediate past President questions on why his administration refused to provide the military with the required functional and superior equipment whereas our sons and daughters were exposed to mass murder, severe injuries and grave destructions of our communities.”

    The group said anyone  found culpable, should be charged with genocide against the people of Borno or at least criminal negligence at the International Criminal Court of Justice.

    “The retired CDS retired should also be asked why he kept silent when the military under his command was not provided with the right equipment.

    “He had the option of speaking or resigning as he ought to have done in order to draw attention of the world and by that he would have saved lives of Borno people,” the group said.

    On those to be compensated, the group said a list of Borno citizens killed be compiled and their relations fully compensated “for the death of their loved ones as a result of criminal negligence.”

    It said a list of soldiers sent on missions without being properly equipped and exposed to death should be also compiled and celebrated, with their survivors fully compensated “since their bread winners died not just in combat but out of negligence of those in authority.”

    The forum urged President Muhammadu Buhari to liaise with the National Assembly to set up a Presidential Armed Forces Capacity Monitoring and Evaluation Unit which could be directly supervised by the President.

    “The current service chiefs should learn from their predecessors by building on their successes and avoiding their mistakes with regards to refusal to tell the nation the true situation of things where political leaders fail to meet critical needs of the military on matters of national security.

    “We urge all sons and daughters of Borno wherever they are to continually accord 100 percent support to our gallant armed forces and pray for them to succeed in their national assignment of keeping Borno safe and secured.

    “We urge President Buhari to remain focused and not to be distracted in the fight against insurgency,” the group said.

     

  • Funding the police

    Funding the police

    • More money has to be provided for the force to enhance internal security 

    The report that the Nigeria Police has not been recruiting since 2011, for lack of funds, is worrisome. Currently, Nigeria has about 400,000 police personnel, while our population is reputed to be more than 160 million. The grim statistics means that one police personnel caters for more than 400 persons. That perhaps partly explains the gross insecurity in the country. To make matters worse, a sizeable portion of the police are engaged in unlawful police duties. Among this group are those converted to private bodyguards, those on illegal sentry duties, and those perpetually at road corners, collecting illegal tolls from hapless citizens.

    Despite the low number, the last attempt to recruit in 2014, ended in a fiasco. According to a report, while the police had sought approval to recruit 30,000 personnel, only 10,000 was approved. Even then, this meagre number approved was never recruited. The reason was that the police management team had to convert the approved fund, towards the payment of salaries and other overheads. Even with such recourse, the police force was reported to have taken a bank loan to pay salaries in 2015, to avoid the threat of strike, before the general elections. Also, there are arrears of salaries owed personnel promoted since 2013.

    As the funding challenges of the police continue to aggravate, it is important that the federal and state governments agree on a model to solve the problem. Part of the solution should be the amendment of the constitution to allow for state police; after all, it is the states that now provide most of the logistics for the police commands within their territory. Even while recognising the current financial challenges facing the states, the constitutional amendment that would allow for state police should also reorder the sharing of national resources, and the ownership and exploitation of natural resources, to gift states more funding capacity.

    Interestingly, President Muhammadu Buhari has expressed his intention to return the internal security control of the country to the police. That explained his instruction that the army should be replaced by the police at the check-points, save in very volatile states. To realise this objective, the federal executive must in the interim, devise ways of appropriately taking care of the funding gap. Also, it is important that the abuse of turning our national police to private bodyguards and putting them to other illegal uses be stopped. Furthermore, the Federal Government should enforce accountability and discipline, and compel the police management to maximise available resources.

    There is also the need for the rank and file of the police to be reoriented. For many Nigerians, and this is based on their experiences, the police are the architect of many of their own challenges. It is a common belief that police leadership is complicit in the underfunding of the police; as funds for uniforms, barrack maintenance, personnel on transfers, and other sundry expenditure are regularly misappropriated. Also, the low-rank personnel are believed to have little respect for the uniform they wear, except for the authority it imbues in them, to intimidate and exploit the ordinary people.

    While awaiting improvement in budgetary allocation, it is important that the police management make adequate use of the available resources. For instance, the recent improvement made at the Police College in Ikeja, is already being undermined. It is also strange that detectives usually ask for bribes to conduct investigations. Again, many police barracks and offices are decrepit and smelly, obviously because of lack of common cleanliness. In the common interest, we urge the Federal Government to urgently seek ways to meet the budgetary requirements of the police. And where it suspects the money is being misappropriated, it should identify those involved and punish them accordingly.

  • Block terrorists funding sources, NUPENG urges

    Block terrorists funding sources, NUPENG urges

    The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has implored the Federal Government to block Boko Haram’s sources of financial transactions, fuel supplies, and logistics to forestall further onslaught.

    President of the union, Comrade Igwe Achese, who gave the advice in reaction to recent wave of attacks by the group, which left hundreds of people dead in the northern part of the country, also enjoined the government to re-organise the armed forces to make them fit to face the guerrilla warfare, through adequate training, increase in payment of hazard allowances and other welfare packages to boost their morale.

    He further advised the government to devise a medium and long term plan of action to rejuvenate economic activities in the area, create jobs for the restless youths, with basic education put in place for the many uneducated youths that are used for suicide bombings and killings

    “NUPENG is worried and concerned about the new wave of killings and wanton destruction presently perpetrated by the Boko Haram insurgents. The union condemns in its entirety the recent attack on the Redeemed Christian Church in Potiskum, where the Pastor and six worshippers were killed.

    “The union also kicks against the killing of over 100 innocent souls in Zamfara and Plateau States by the insurgents,’’ Achese said.

  • Don faults poor funding at book fair

    Don faults poor funding at book fair

    The poor state of Nigerian education sector dominated discussions at the 2015 Nigerian International Book Fair (NIBF) held last week.

    The week-long book fair had about 100 exhibitors displaying books, and other participants engaging in dialogues with major stakeholders in the book industry at the multipurpose hall of the University of Lagos (UNILAG).

    In conferences, children’s programmes and cultural displays, they uncovered what they referred to as how the education and book culture should be portrayed in Nigeria.

    In his speech at the international conference of the fair with the theme:  “African youth empowerment through book for sustainable national development”, the keynote speaker, Prof Godini Darah, urged Nigerians to clamour for a change in how education-related issues are handled.

    The professor of Oral Literature and Cultural Studies from the Delta State University (DELSU), Abraka, condemned the way government and Nigerians manage matters relating  to education and decried the low budget attributed to the sector  every year, in comparison with other countries.

    Darah said: “The government must take the initiative. How much do we spend in Nigeria on education? The amount we spend on education is too low. I have looked at figures from other countries and they spend a lot. South Africa spends about 21 per cent of their budget on education, in Egypt they spend about 18 per cent, Ghana spends about 25 per cent consistently. We spend only about eight per cent in our budget on education.”

    He lamented that  government and Nigerians have focused more on  such areas as dance, music, sports among others, rather than important sector like education.

    The professor urged all governments to practise free education policy, as he was a product of the Obafemi Awolowo free education scheme of 1965.

    “The first empowerment we should do is to give free education to everybody. We have done it before. How would I be here now, if not for that scheme? You would not know those who are intelligent in your country until you give everybody equal opportunity,” he said.

    Prof Darah encouraged government to invest in gathering, recycling and translation of knowledge through books, to boost the publishing industry and increase the nation’s per capita income.

    He also recommended that a Bank of Books be created to fund book publishing.

    “It is those you train that will invent. Government must put a certain amount aside for authors, publishers and researchers so that they do not have to scratch their heads for funds to publish knowledge. There should be a Bank of Books,” he said.

    Also speaking, chairman of the occasion and Acting Executive Secretary of the Nigerian Educational Research and Development Council (NERDC), Prof Ismail Junaidu, decried Nigerians’ bad attitude to reading.

    “It is not only illiterates that do not care about books; even professors make the same mistake. You see a Nigerian asking the wrong questions, because he is too lazy to read the signs,” he said:

    Junaidu attributed this habit to most Nigerians not having been brought up to read books.

    To address this problem, he said the NERDC has infused: “conspicuous issues on various reading skills into the schools’ curriculum, so that we can catch our children young to develop the culture of reading, because if you do not have that culture, books would be irrelevant.”

    Condemning strikes by educational institutions, Junaidu said the effect on the society is usually felt by the future generation.

    “We should all be concerned when we see teachers, lecturers and academics on strike. The effect would reflect on the society as late as 20 or 30 years and it is our children that would be affected by our mistakes of today,” he said.

    Managing Director of Books and Prints Limited, Yaba, Lagos State, Mrs Oluronke Orimalade encouraged government to include bookshops and book sellers in the making of education and book-related policies to help the industry grow.

    She said: “When you kill bookshops, you are killing the reading culture. You must encourage bookshops to grow and include them in education policy-making processes.”

  • Research, funding vital to improving agric sector’s productivity

    Research, funding vital to improving agric sector’s productivity

    Achieving food security and creating employment have become two major global challenges. The agric sector has answers to these challenges but it is bedevilled with a myriad of problems ranging from land tenure system to the use of crude implements. The Executive Director, Nigerian Institute for Oil Palm Research (NIFOR), Benin, Edo State, Dr. Omorefe Asemota, says research and funding are two other challenges that should be tackled. He speaks about how the government can restore agric sector’s lost glories, the need for research institutes to have semi-autonomous power over its internally-generated revenue, brain drain and other issues. MUYIWA LUCAS and SINA FADARE met him.

    How would you describe the achievements attained, if any, of the institute?

    We have achieved a lot. In terms of research, Nigerian Institute For Oil Palm Research (NIFOR) is a foremost research institution in this country. NIFOR has a number of major contributions to the commodities that it is mandated to investigate. And I must point out that NIFOR is not only researching on oil palm, which is our oldest commodity, but we carry out research also on coconut palm, date palm, raffia palm and shea. Shea is not a palm, it is an oil seed crop. The date palm is a palm but does not produce oil, but the other four produce oils. We have the mandate to these five major commodities. And it is important to point out that each of these commodities can potentially contribute very significantly to the agricultural economy. It is just that each one needs attention so that it can begin to bring to the table, the fullness of this potential that we talked about.

    How can palm oil farming and agriculture  be further encouraged in this country?

    We must have policies and environment that promote this sector. We have the land, 22 states in this country have the arable land that can accommodate oil palm. We need to encourage people to invest which can be promoted by government support, but it must be done by the three tiers of government. On the Agricultural Transformation Agenda, there is a place for oil palm. What you find is that while the Federal Government has been prosecuting it aggressively in the last four years, the states have not been doing that, whereas the state and the local government have direct access to land. There must be synergy across the tiers of government and on top of it, you must have active private sector. That is how it works. But the most important thing is to have aggressive investment in planting. There are some estates’palm oil that are doing very well and are quoted on the stock exchange, we need more of that. In Southeast Asia, a single estate can be as large as 100 hectares. We have something similar, but need more of such. It is the aggregate of this that will promote higher national output.

    Increasing farm yield is a major concern. How can this be achieved?

    You must have improved agronomy leading to good variety yield. The combination of using improved materials and best agronomy expertise is what brings out maximum productivity.  Of course, you must add improved agronomic practices so that you can get the maximum potential of your crop. But the combination of the use of improved planting materials and the use of best agronomic practices is what brings out maximum productivity. The drawback in our own system is that we have these huge, wild palms. They are  many and occupy a huge land mass but their productivity is low. On the contrary, the improved plantings represent only a small fraction of about 500,000. It is good to know and we are very proud of this, that there are oil palm estates that are doing very well, but we need many more of that. In Southeast Asia, an estate can be as much as 100,000 hectares. We have nothing similar in this country and we do not need just one. We need many of such. It is the aggregate of that that promotes higher national output. That is what is really lacking here. There are small challenges at the level of production now, of land tenure, of access to credit. But they can be resolved if there is concerted efforts by all the stakeholders. What we must do of course, is to involve the communities in some of the activities. But unless we solve the problem of investment in the industry, then national productivity would continue to be low.

    What is the role and impact of private participation in oil palm farming?

    Most of the farms you would call big plantations are largely owned by foreigners. Normally, what should happen, or I should say what has happened in other environments, is that, yes, foreign investors are welcome, we want them to participate, but we also, as a nation must take steps to encourage more and bigger plantations, within which there would be a fraction for foreigners, but there must also be active  participation by Nigerians. This does not have to be government funded, it should be private sector led.

    Do you think there is an enabling environment for private investment in oil palm?

    I agree that we must have policies and enabling environment that promote this investment. We have the land, because 22 states  have environments that can favourably accommodate oil palm plantation development. All the southern states and all of the Middle Belts also. All the way to southern Kaduna, Adamawa, Taraba, and some parts of Niger State are suitable for oil palm. However, we needed to encourage people to invest and that can be promoted or caused by government support, no question about that but it must be done by the three tiers of government. There is an ongoing Agricultural Transformation Agenda (ATA), which is a Federal Government driven programme and within that, there is an oil palm component.

    But what you will find is that whereas, the Federal Government has been prosecuting this aggressively, especially in the last four years, the states have not been doing that. Yet, the states and local governments have direct access to the land and own the land. They have the farmers. Therefore, there must be synergy of policy across the different levels of government. Then on top of that, you must have active private sector initiative and participation. That is how this would work. But, the sum-total of all this is that we need much more aggressive investment in planting.

    Research is vital to development and agric breakthroughs. Funding remains a challenge. What is the way forward?

    The truth of the matter is that research demands financial support and that is a global truth. If the support in the financial base shrinks below critical threshold, it can be damaging. Two things I suspect would happen and some are already happening. Some institutions have the capacity to generate some funds. It may not be sufficient, but the institute must have some leverage to be able to at least, use some of these funds without too much constraint, but with oversight.

    But the situation that requires that all internally generated revenue be paid back into the consolidated revenue fund of the country directly without guarantees for the institute to be able to at least use some of it to maintain itself so that it can survive and then perhaps hopefully improve, is challenging to the institute.

    It would be nice that this be looked at. The other area of innovation would also be to look at alternative sources of funding that are not directly from the government. But even when institutes are able to do that, that pool will still fall within internally generated revenue. So, again, we require that there be some degree of freedom. But, as I said, one must also insist on oversight. I am not saying the institutes should just do what we like, but let there be proper framework that guarantees oversight but leaves the institute with enough revenue to at least function. The institutes must live and survive so that they can discharge statutory functions, because after all, the institutes were established by law.

    Brain drain is a major concern for institutes such as NIFOR. What are you doing to discourage it?

    Our ability to retain competent staff is key to the long term health and survival of the institute. It is important that our research institutions be vibrant, that they be able to deliver solutions and promptly too. Therefore, it is important that the institutes and this is nationwide, should be able to attract some of the best brains and retain them. This really comes down to a few things like the condition of service, the general framework under which people work or carry out their assignments. People must have some minimum guarantees of tenure, minimum guarantees of career fulfilment, subject, of course, to good productivity. There is also the aspect of reward. Part of reward is promotion, remuneration, which is the salary.

    Sometime ago, there was parity between the institute and the universities. But that parity as of now, is not complete. It would be nice if the remaining aspects are looked into to encourage productive scientists, brilliant scientists, to stay. Indeed, from  my experience, the best brains in the universities actually want to go to the research institutes. This is because there, they are able to carry out research without the extra burden of having to be distracted.  Examples abound worldwide. But the reason that happens, which must also be the case in Nigeria, is because such institutes have the best of everything that keep the scientists functioning at maximum productivity levels. The same must happen here.

    So, how is NIFOR coping?

    At the policy level, we encourage our policy makers to keep looking at these areas so that continuous corrections can be made. We encourage our scientists to also know that there is joy in being able to reach out to farmers and improve their lifestyles. Efforts are also being made nationally, at the level of agricultural research council and ministry and the institutes to encourage scientists to begin to network much more than before because in doing so, scientists relate with other colleagues more openly and are more confident. In that process also, sometimes, some are able to attract some support externally and that also makes the job a little easier.

     What can research institutes do to bring Nigeria back to the glorious days of agric?

    Everybody agrees in this country that there is need to diversify the economy. What must happen is that the necessary things must be done. Some of it may be difficult, but nothing must be spared to transform this country sustainably. A significant part of that transformation must be from agriculture. That therefore, must mean that conscious efforts must be made. And that effort must be at the level of sustainable policy, sustainable investment that is not just for four or eight years, but long way down the road. This must be made to promote agriculture across the landscape. It is true that this country is blessed with a whole variety of environment that is suitable for almost every kind of agricultural productivity; we must begin to take advantage of it. We have already seen that a significant part of that is research, but a significant part is in investment. It is the synergy between these two that bring the productivity that we need, but governments at all levels, private people that have some funds, must begin to think differently so that between the policy and the investment, we would have a very sustainable but mutually beneficial synergy that will help us to grow the economy especially in this agricultural area that we are talking about. As this happens the input of research will become more and more appreciated, it would become more and more in demand and that would be to the benefit of all stakeholders.

    What can be done to position NIFOR for better contributions to the economy?

    We have had major contributions, the biggest is oil palm. Those contributions require a number of factors for us to do them well. The most important is human capital. In that case, the quality of the scientists, the environment and with the work, that is infrastructure such as the quality of our laboratories for instance, supply of inputs; the infrastructure base and to some extent, the human capital development develops from funding.

    What other challenges are you confronted with?

    Funding is not everything, it is only significant. At some point, research institutes nationwide, including NIFOR, had to grapple with dwindling human capital, dwindling number and strength of research workers. We had that problem because, obviously, there were embargoes on employment. But there was also a time when the conditions of service for researchers and scientists were inferior to those in competing areas of the national economy.

    The wages were lower than that of others in the same field in the universities. Our scientists and researchers could not aspire to the highest level of professional attainment because, at that time, the conditions were poor. Although those conditions have been largely redressed, it is still work in progress; but they are much better so we are now able to retain a bigger pool of scientists. But when it was poor, what used to happen was that mid career, most scientists used to leave and that affected the institute’s advancement. The reason was because we operated in the very tight pyramid but the space is beginning to open up.

    We also had challenges of the capacity of the institute to expose the scientists to the best trainings that the world can offer. And that is where the problem of funding comes in again. The truth is that scientist must be trained and must be given opportunities to retrain as their careers evolve. So you must train them well to give a good foundation;  you must continue to expose them to further training because scientific investigation continues to evolve. If you do not retrain, then very soon, the scientist would become stale. Unfortunately, because of funding constraint, the quality of training we were giving to our scientists did not meet up to what we would have loved. What I mean is that there was a time when we could expose our scientists to the best training institutions in the world, because we could afford it. But that has since changed.

    In addition to giving that initial training, however, we also still need to continue to expose them to new developments. That also is a funding challenge and we have not been able to meet those two. It is true that the quality that we are able to provide locally is improving, but there is so much more that can be desired. That now impacts on the output of research nationally. Therefore, whereas there was a time when this institute was, if not the foremost, one of the foremost research institutes for oil palm research, but  because of poor funds and infrastructure, in the last two decades or so, we have kind of fallen behind. These are things we would really love to correct.

    Science also depends on good quality facilities. You need equipment, minimum guarantees of for instance, light and water. The environment should be conducive. Regrettably, the Nigerian environment has sometimes been harsh. Provision of inputs has sometimes posed major challenges. That has not changed. But in the face of these challenges, it is good to say that the scientists and the support staff are working. In the institute, we work as a team. People have been making some heroic efforts to move the commodities forward because we are very conscious of our primary calling, which is to generate research output that will touch the lives of our people, which will ultimately improve the standard of living of our people.