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NLNG, NCDMB commit $9m to research in six varsities

The Nigeria LNG and NCDMB have launched a $9m professorial chair endowment programme for six Nigerian universities to develop commercially viable solutions Read More: https://punchng.com/nlng-ncdmb-commit-9m-to-research-in-six-varsities/

NLNG, NCDMB commit $9m to research in six varsities

The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria LNG Limited (NLNG) have launched a $9 million professorial chair endowment programme aimed at developing commercially viable solutions to industry challenges and promoting technological innovation in Nigerian universities. Under the initiative, each of the six beneficiary universities will receive $1.5 million to establish specialized professorial chairs focused on agreed industry research priorities.

The programme, implemented in partnership with NCDMB, is overseen by the Planning, Research and Statistics Directorate. NLNG's Managing Director and Chief Executive Officer, Adeleye Falade, emphasized the importance of sustained collaboration among government, industry, and academia to address evolving technology and energy system requirements.

Falade highlighted the program's focus on critical challenges in the energy industry, such as improving operational efficiency, managing emissions, strengthening safety, maintaining critical infrastructure, and enhancing sustainability.

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