This oil will one day finish or become useless to the economy. Even now, we see uncertainties with prices of crude oil globally. With all these possible predictions, what could be the solution to global collapse of oil prices? What could be the safe haven for regional and global economies, when crude oil becomes unattractive? Therefore, we shall look at how technology salvages world’s economy through innovations and business diversity to cushion the effect of dwindling oil relevance. Some streams of tech economy such as ICT, artificial intelligence and robotics, nano technology and material chemistry and engineering, etc all form […]
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Just recently, it was on news that the Federal Government of Nigeria may soon embark on the development of the nuclear reactor technology which shall supply some major percentage of electricity generated in the country. So far, public opinion on this issue have been divided. Personally, I feel that a better understanding of what the nuclear reactor technology is can help you discern whether it shall be a blessing or curse to Nigeria. I conducted some primary research on the nuclear technology and its electricity generation capabilities but I did not stop there. I also ran some insights into the […]
It is an established fact that the world now runs on wheels of scientific and technological inventions made possible through consistent and constructive research and development R & D. Consequently, governments of most countries of the world repeatedly make huge financial provisions in their annual budgets to support research and development ventures. In this light, no regret has been recorded so far. With the governments and the organized private sectors jointly adhering in this regard, R & D has become a veritable tool in enhancing entrepreneurial emancipation thus creating quality jobs and reducing unemployment. Therefore I ask, why is the Nigerian […]
Ordinary compressed air has been used to fill car tires in Nigeria ever since the introduction of cars in the country. Although the result has been worthy, do you know that there is a far better alternative to air in filling of vehicle tires? Pure nitrogen has got all the better qualities if used as alternative in filling car tires which includes life span, operations and safety. The uniqueness of Nigerian roads, weather, economy and other factors all point to say that replacing compressed air with pure nitrogen is the future of Nigerian car tires. Maybe this alternation to Nitrogen in Nigerian car […]
Despite efforts by the Government to provide clean and drinkable water and consequently reduce water borne diseases in Nigeria, increasing reported and unreported cases of cholera and other water-borne diseases in Nigeria have continued unabated. This is indicative of the fact that a larger part of the Nigerian populace are ignorant of ways to provide clean drinkable water at homes without relying on the Government. The good news is that it is indeed very possible and cheap to produce home-made distilled water which has been clinically proven to be one of the healthiest types of water for domestic consumption. The […]
Are you a small or medium scale business owner in Nigeria wishing to grow or standardize you products? Do you have talents in technology that yearns for proper nurturing and commercialization? Do you own a technology-driven small or medium scale enterprise in Nigeria and need help to develop it to a commercial standard?These are the reasons and more the Federal Government of Nigeria through the Federal Ministry of Science and Technology, established the National Board for Technology Incubation NBTI. The parastatal was mandated to facilitate the establishment and coordinate the activities of Technology Incubation Centres (TIC) and Science and Technology […]