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RAW MATERIALS LECTURE SERIES 7

RAW MATERIALS Lecture Series2:17:11

Transcription

edition of electricity because none other than the distinguished DJ CEO will be our presenter. Can we have a round of applause that the DG has given a new birth, vision and air to the wings of the RMRC since he assumed the role of DGCO? He has in the recent past made sure that the council under his leadership has been given one certification. Can we have a round of applause for national importance? He has ensured that the bill of 30% minimum as value addition is going forth smoothly in the national assembly. Another round of applause. It is now a bill. Can we have a greater rounding for this bill that has been passed into law? Indeed, the council.

"It's not a law."

"It's still a bill. Just waiting for to thank you sir." So he has moved us from one level to another and the journey can only be getting better and better. Without much ado, I want to invite our own distinguished Gi CEO Professor Nug. You got minutes. So listen.

Okay. So, um, this sounds like a teacher myself.

"So, today about What do you require for us before we do as so from extraction to transformation? Look at the picture on the line. This you'll see the two walls that we're talking about. The first is the extraction and the the next year is the transformation. Now, even though I lifted this, I restricted this to solid minerals, but of course, it's still in application in agriculture and even in management. So this, if you just look beyond the text, if you look behind this, you see this people extracting some solid mirrors where the solid mirrors already transformed about which again of what we're called to do as an organization."

"You know, to interate between the extraction, agricultural extraction, solid minerals extraction, waste extraction and making sure that they are available for the users in manufacturing that eventually perform them. You understand what I mean?"

"Yes sir. So in terms of operational the that operate here. So the by line here is building resilient supply chain. So it' be good to explain what this also means. So we can carry everybody along. Supply chain is one thing that we've we have ignored, typically ignored in the council here because to some extent we we're blind. We looked at it as not a critical part of what we do, but in fact, we cannot achieve our result without looking at supply chain. So the council supply chain involves the entire gamut of people, systems, laws, processes, logistics that will ensure that this journey from extraction to transformation take place."

"So what will look like if you do not create impact? If you do not after being the Rom and we eventually find out that you have not property manufacturers to achieve their ends, it means your role in this process as you can see. So to make our role impactful, we must think in terms of these processes, organizations, people, system, laws and other journey extraction to transformation. The second word that you may find at operator here is resilience. Resilience."

"So if you understand supply chain broadly, you now begin to look at the qualifiers, resilient supply chain. What qualifies that supply chain? So resilience means something that doesn't give up. So we thinking in terms of anticipation, you know, ahead of time should or should we think anticipating what problems, whatever you can predict very correctly the supply chain. What ensures that this journey again takes place successfully? So anticipation is one. When I anticipate, you respond. So resilience embraces things like anticipation, response and recovery. So when you anticipate, even if it fails, and even if it comes through, how do you respond when eventually that is the case? And then if it fails eventually, how do you recover from it? So if for instance, you write the exam. You anticipate the exam. You write the exam and then you fail the exam. How do you recover? How do you engage with the exam? How you anticipate it? And you recover very quickly. That's is combined, that's resident. So whichever one to now we talk about the third maybe is the value addition. In fact, I'm going to take you in terms of the agenda because the addition here is what we'll be talking about. This activity is addition. But of course, you know, involve addition, you scale it because there are many processes. There many things in between add value at small level, some advanced level and some intermediate level. And all activities taking place between this place, this point and that point has a system of intermediate inputs. If you get the if you get wheat, you don't hear me."

"If you if you get cava on, you start washing it and peeing it, you're adding value to it. Uh, when you start crushing it, you start having delivery, you're adding value to it. And then till it gets to different levels of manufacturing. But even in between there are graded activities. So there are steps for different um derivatives you want to to um to to get. So broadly speaking, this is what we're going to be discussing today. So the reason I have to go through this is so that everybody understands what I'm going to be talking about. So it gives you opportunity to question, it gives you opportunity to stand and question. If you don't understand anything here, let me know. I'm not teaching now. I'm just a teacher. If you don't understand any of these things, let me know. Okay."

"So, let me provide us with a context before I go into the um, the agenda for the presentation. So, the context, like you know, goes back to what Nigeria wants deliberately. I always use the word prosperity because for me, the ultimate goal is prosperity. So, and this prosperity for the country can never, it will just be wishy-washy to think that we cannot, we can prosper the way we desire to to unless we industrialize because that's what all countries that have that are experiencing prosperity have done. You know, even if you experiencing some measure of prosperity at this point, you're not going to be sustainable across centuries, maybe at some point you do deep or even across decades. So the first thing in the ter of lay the content is this is what Nigeria wants, but this dream according to Nigeria and policy has to be anchored on at least 80% local resource utilization. That's actually the strategy the country has adopted and what has happened over the years is that they have they have used policy, the the country's used policy and the opener of instruments including up to this point to see if this is possible. That was why when I came on board, I said we can please, if you're going to make noise, I will chase you out. Y this make noise, you just have to, if you don't understand anything, let me just raise your hand, I will explain so so the achieve is 80% domestic resource utilization. We've used all of instruments including suation policies, quote unquote, that's a policy too. But when we came here, when I said, look, if you don't legislate on this and make it an infringement that we do not cooperate with this, we can never achieve this, and that was why we have the bill today that we've gone through and we extend this bill. So this is what Nigeria wants, and now this is how they want it. So it's an intention of pursuit which is to predicated on import substitution, a program of import substitution. Now, globally when you say import substitution, it appears working against global trade, you know, but nations, countries do that, and they have institutions like ours deliberately configured to achieve this. The purpose of RMRD is import substitution, and the back substitution is value addition. So there are two elements and the two reasons why RMRC exists in the first instance. Primary is import substitution to facilitate import substitution, having at the back of our mind that this is the strategy of the federal government or national government rather, 80% domestic resource so, and that is the calling of the depends on robust skill. So to be most of the resources here. So, but the problem and over the years, the problem is that this cannot happen if you do not build a resilient supply chain. Do you understand? It's not possible. You know, no matter how beautiful your laboratories are, no matter how great you are as a fabricator of equipment and then you call it RMRBC, it cannot happen unless you focus on the market and the elements that make what is in the soil become what is in the market."

"So in terms of agenda now, having laid the background, this is how my presentation is going to take. I guess I have 30 minutes for this. So what is 30 minutes all? So we have the statement of the prophet. Of course, again, I've laid that, but I'm going to reent it properly. Then this is the picture we currently face, which is a failure in capturing raw material value, massive failure. And then how do we achieve supply chain integrity? Is supply chain integrity meshed with the resident or integrity will help us think in terms of the resident? And then look at what government is doing and what government should do to achieve that resilience. And then we look at a more specific, the situation of infrastructure and logistics versus the transformation. And we look and we fight, we end with the way forward. So this is the problem. The problem can be more than this, but somehow I've broken them or summarized. Uh, I've summarized. I summarized them into four. The one is has to do with the structure, economic structure. The second has to do with integrity of the supply chain. The third has to do with government and its policies. And then more specifically in terms of infrastructure to drive the supply chain. By the way, if at this point you feel that you still do not understand how where we are, please let me know."

"Now, it's not difficult to understand the the structure. The structure is still colonial. Very, very pretty pretty much colonial. And what happens to just to just explain it. Nigeria exports primary commodities at low prices due to pervasive lack of integrated domestic processing capacity. In fact, even the processing capacity is part of the supply chain problem. So we fail to capture value, so low levels of domestic value addition and economic leakage. I think it's easy to understand. The second one problem, and when I say statement of problem, statement of the problem that guide this discussion. So the second one is about integrity of supply chain. You see here at the Raw Material Research and Development Council, there's been a very, very fundamental misunderstanding of what our role should be. And we're making efforts to slowly but a bit very, very principally, sorry, if that's correct, to see if we can be in that we can follow that trajectory. Ours is facilitation or more correctly intermediation because we are not solid minerals. We are not the Ministry of Agriculture. We intermediate between that of the activities and manufacturing and its brother because even the environment is part of what is involved on the other side of the interrogation chain. But there are things in that if you're going to do, if we're going to focus on this very well, then our focus essentially as an institution should dwell mostly on achieving supply chain efficiency, supply chain integrity. There are we want to be sure as a council that's that raw materials that get to manufacturers are authentic, at the right quantity, and it gets to them at the right time, the right standard, and that they are that the origins are traceable, and that even the extraction of these raw materials follow some ethical ethics. These are some of the things intermediators like us, in fact, we are the key intermediator should be doing. That's where you have this supply chain integrity. I don't think we are focused on that one this place. One of the things you guys finally do is you brought me out here to roast me because the are not."

"So the next problem is the policy and governance. We have plenty of policy pronouncements that run contrary to even this idea of 80% domestic resource mobilization for our industries. So, and we lack frameworks, clear, well-defined frameworks to achieve achieve that in finance, the financial instrument, the infrastructure, and the whole number of mechanisms that will enable us to achieve that. They are lacking. So so there's a huge gap in terms of what we expect or the kind result we want to achieve are what we are doing. You know, the government, we have the policy, but we again deviate from the policy deliberately, we contradict the policy. We are government, we are talking to ourselves. So we don't know what to do. So finally, we look at the reality. Finally, is that assuming these things don't exist, even the reality on the ground, which is the basic infrastructure for these things are not yet supported. So you can do your wonderful research, you can do your wonderful everything here, but they don't find, they don't find a way to monetize because even infrastructure available do not support them."

"So I'm taking the first problem, and what I've done here is just to in the first four problems, just elaborate on these problems to show you um, the anomaly of this problem, and then I'll tell you what I think should be solutions, and that's so that's the way I've structured. First is massive raw materials value capture failure. So it's obvious we have very massive failure in terms of raw material capture. So the first graph tells you, sorry, I mean, my background is economics, so use some of these things to explain. So if you look at this um, so what I have here is non-oil trade deficit. It's simple to understand. If you remove oil in your trading activities, so you're not focusing on oil. So everything that's not oil, you look at import and you look at export, and you look at the difference between the import and the export. And what is showing here is that we are importing by far more than we exporting aside oil. If you if you put oil now, we might have some suppl, but we're not looking at oil here. So we're looking at manufacturers beyond oil. So you sell all these your beautiful extractions, and then you you keep importing manufacturers that keeps deepening. You can look at how it's growing, this deficit, how it's been growing in the past 10 years. So the deficit in growing, which points to the fact that you lack the capacity because if you can process what you have extracted into manufacturers, you are not going to be importing much of them that are putting these deficits. That's simply what it tells you. So you have you have that ability to process what you have and therefore you resort to importation of manufacturers."

"The second one is like that. This thing keeps going off. So I think I can use my normal voice. So the second one is like that. So this is material value addition. So just like instead of saying the raw material, I'm sorry. So what it means is MVA, material value addition over total export. They're not saying if for all the export you have, what percentage of those ex of that export do you have value added to it? Understand me now? You have this for China. Can see China, and this China is saying like more than 90% of our exports have value added to it. Do you understand that?"

"Yes sir. Then you go to this one, India, and India is saying more than 65% of our exports are among. Then it do for Brazil, and then for Brazil, at least more than 42% of what exports are value added manufacturers. I don't mean to go further. In fact, uh, that's South Africa. South Africa has at least the least they had was they have in 2023 for 28.5. My beloved country, Nigeria."

"This my beloved country, Nigeria. We haven't got, we haven't exceeded 3%, which is the highest party for what did they?"

"Okay, so this actually should be attributed to Buhari, frankly, because this is the highest we've had. We've never, we've never got up to 2% of exports as manufacturers. How do you think that you can ever achieve that kind of prosperity? It's not going to be possible. So essentially, this is just to give you a picture of the the depth of massive of value capture. So you're not capturing value from what you have. There's a big defining these are parameters in economics. That's my background. If you're going to be, if I'm in the court, I will prove to you properly that this is the situation because sometimes, and the reason for, let me go back. If you look at this and this, this uh, people export promotion, they'll be telling you how Nigeria is exporting all sorts. But this is this shows you picture that you're exporting nothing. This tells you the picture. This is what countries are doing. You export things of value. You export things of value. That is when, if by, if you're not capturing value, you're just wasting, you're allowing economies, the the prosperity to leak to get out of the system. And when they leak, they don't leak into the ocean. They leak into the hands of other nationals. They leak into other countries. So this, this is global map. Okay, that's fine."

"So now, this is this is another one, and what is talking about is the economic complexity. Economic complexity is just about if you're exporting, what are, how many products do you export? If you talk about Nigeria now, how many products we export? It's basically oil. Others really are very, very, it's basically oil. But even of that, look at what other countries are doing here. The complexity, ubiquity of products in the export basket. I also look at the diversification of those exports. So from oil, you have vaseline, you have jelly, you have other chemicals, you have other raw materials. That's the ubiquity, the diversity. So one is the highest, and you can see this is zero. So one is probably somewhere here, and the countries corresponding to that, that this United States, Alaska area, this is Europe, and that's China. These are countries corresponding to that. Now, this is where your beloved country, Nigeria, is, and this is the, this color, the color code that matches that. It's not this one."

"This."

"So you don't, so you do not have that. So it's again points to massive failure in terms of value capture. Now, let's again look what we call import availability ratio. And it's very simple to explain. Let me explain what it means. The input availability ratio tells you this is what we import. What we have here is what we import, the quantity. This is what we produce of the same material, and this is the total available of that material. So it's a simple, easily calculated. So you now look at the ratio of what's imported. So the ratio of what is available in total, that is, if you put together what is imported plus what is domestically produced. Now, if you follow me in this journey, you look at, I asked um, how to extract what I consider the most important 10 materials for, you know, based on a number of criteria. So if you look at wheat, for instance, what we have there is basically, in fact, this measures substitution, import substitution. So it's a, it's something you can use to proxy the level of import substitution. So for wheat, you can see that the, there import availability is very high, 95%, so import dominance. So even if we have capacity to produce wheat, we're not substituting enough. So look at raw sugar. So um, perhaps this is what Daniel has helped us to do, but we are still very, very, very still heavily dependent on on imports up to 64%. So if RMRC should be doing what it should be doing very well, we should be fast doing a lot of work to ensure to ensure to ensure that we reduce that importility availability ratio to go down. Look at all iron concentrate. So it's still high. We have large deposits of iron off. Desert for fertilizer, and these are very critical things that we we we we need here. Look at fertilizer, M.P.K. and then look at cotton, even with the capacity to grow cotton. I hope you're following what I'm saying."

"That's different."

"So the ones that we've been able to conquer things like limestone, and I understand the RMR did a lot of work, and gypsum, and of course, Khim, I understand that played critical role before I came here in the area of gypsum, which has helped the cement industry to utilize um um gypsum and and live story activities. So that's why you have 29%, 3%, 33% availability ratio. That means they've been able to reduce the, and the local manufacturers are utilizing that and so on. So bar right, we have that in abundance, but but global politics, they will reject our own bar right, even when we know that this, the um, that ours is even better than what they import. So, and that has kept us at 67%. Very low level of import substitution. So this one of the things that help us to show where we are, whether we delivering on our results or not. If you're talking about impact, particularly for RMRC, this kind of ratio is very important. It's something we need to to review all the time, but again, it points to the picture of that it helps to to understand that we have massive value um, value capture failure."

"So I'm going to be showing you this visa v exports, so you can see what is happening to the economy. If you look at limestone, so here you have domestic value addition. I just explained limestone. You can see the volume addition to limestone within in country volume addition is between 70 to 90%. Because we have industries tapping into that. Look at cocoa beans. Just take a second. Look at cocoa. If you look at cocoa, this is the level of domestic vaginal addition, less than 20%. So take like 15% domestic value addition to cocoa that we we consecrate all commodities that we claim we export have this kind of number. So if you follow, you see it. So we trade the rest, we hand over the value of this to the rest. Iron off, I've explained that to you. Look at it. If you take an average of that, you have 40%. So over 60% of that sensible, very, very addition to CC um, 10%. So the rest of the CCMA is out. Nobody is added to it. Look at lithium. Lithium is hot and has been cut away every day. Addition to leading the world's firm raw material today, we have less than 5% addition. When we went to Nigeria, I I for that that we set up a sector for of excellence, nanotechnology, basically because there was this woman that I don't know what to see if you can get. Now look at look at what do percent. Take off your go should be moving. Every 5 minutes."

"So are inefficient, fragmented and risk brok. I'm a farmer. I have close to 8,000 acres and and recently I'm about to acquire 8,000 with the partnership with the government, but each time I go to Abuja here, everybody on Saturdays and Sundays. But one of the things that happened, don't worry, I'm not church. I somehow instead of converting my people to be church gods, making them less blessing, you won't be here rest."

"Okay, what do you like?"

"So that one is just rested to do all of that. If you rest for 8 hours, if you rest for 8 hours, you sleep for 8 hours, you can't cross beyond where you are. There's no, it's not about prayer. You take 8 hours and cross it. Where you are, just be crossing. When you get to that Z, can't give you that because 8 hours, 84 is what percentage?"

"That's one month of your life. So if you're going to, if you're supposed to live for 60 years, you've rested for 20. It's simple. There's no successful man that rests like that. So otherwise you rest, bring illnesses, sicknesses, all of that. Poverty helps you. So it's not, it's not particularly wonderful say of course you have to have rest, yes, but it's not like resting close to rest in peace. So anyway, the point I'm making is that for us to get things out. We all carry guns. So everybody carries gun. We don't go to farm without gone. So if we get people that to join us, everybody carry gun. So far we have gone. So imagine that people can afford to have gun to go to farm. The first hutman, the first kidnappers, the first people. So it's the reason that serious fragmentation in the process because they get of infrastructure challenges. So you buy here, you go and buy, the policies differ. Remember we talk about integrity. So you buy grade A of a particular kind of raw material here, and what is required is like grade C. So what you have be struggling is to see if you can get somewhere you can buy predominantly grade C to you know, reduce the effects of the grade A and so so some of these inefficiencies um, man the supply chain integrity, and we can look at some specifics. Let me skip this. The first is the infrastructure, dilated roads. I don't explain that. Power. I don't explain that. Which both of these inflates the operating cost. I'm sure you know how it works. Okay. If you if you if you going, if you're going through a road that is very bad. If you if they used to charge 2, that road because the drivers know the effect on their cars. So they have to add that. So generally, so if things that people that used to produce, inflate the operating cost. Okay. So in alone, which is not available as ours, where we are buy sometimes the entire week. So again, insecurity, another make for what we call the fragility threat, that is infrastructure, insecurity, and incoherence. Infrastructure problem, insecurity problem, and incoherence."

"So this policy, for instance, policy fragment. Look at a typical example. Policies like the export expansion grant. Nigeria has export expansion grant. I'm sure you know, you know about export expansion grant. Hello?"

"There are things you should know as a member of this council. They give grants if you can export all your oranges or your cashew. So how are you then going to have these oranges available as raw material for domestic producers? If I'm incentivizing you to work against the system, how can the system succeed? I'm giving you incentive so you can export all your beans, and then you want to set up a company or industry that is very, very buoyant in the utilization of beans. How would that happen? So this is one of those those challenges that that in fact makes it difficult for that supply chain integrity to be uphold."

"So the third problem is policy and governance, supply chain implementation gap in supply chain residence. I told you about the residence. Residence appears as part of the the things we are looking at. In fact, that's the key thing if we're looking at building supply resident supply chain."

"I have told you that resident supply chain has to do anticipating the supply chain correctly, responding to the supply chain correctly, and recovering from whatever problem that triggered by the supply chain. And these are three things that we consider here. The first one is unclear actionable framework. I've given you an example of the e export expans export expansion grants, which is disastrous, but we've allowed it operate because when the Indians go national assembly and bribe all of them, they are they allow them because Indians mop up our agricultural commodities. It is somehow, you know, to say the least, some kind of economic sabotage of unexplainable proportion. You all your coco and wed, so people cannot do chocolate in Nigeria. Look at the shed not, and I thank the president for beg before he drops the not collector."

"Including fear of fear from background like us in the past. Now you don't see it. They mop up everything. I don't know what a coffee."

"Yeah, you for God knows how long you're going cooking for God knows how long."

"Don't worry, if you don't belong to our background, eating it because they leave it on the on the Bible and and go to and go to work. So everybody from work."

"So even see them."

"You don't see them anymore. So because of unclear actionable frameworks, if you look at something like cashew loss, you don't get to cashew in my my village. Before you could, if you as as a young person come back from school, you drink cashew. Even though we're not drinking cashew lots because of of huge importance, but now people have cashew on right, they harvest the cashew, so you don't get the cashew. They harvest the cashew on right. So which again speaks to things like the quality of the raw material that the virtually comes from, they're not right. So that's part of the problem. And part of the problem here is because again, export expiration, you're giving people incentives to to export anything. So yeah, I beg you, add money just to carry everything around. So support is there. But again, you talk about value addition. We don't have financial instruments to support that process. But they have financial or financial to support the sabotaging of action. Do you understand? You do not have financial instrument. You do not have financial policies that support vol. But in fact, you have financial incentives backed by law to support programs that work against volunteers."

"So look at some of the the failures, the disconnection between official policy intent and operational execution. Go boost dollar and promote value addition policies often inadverently incentivize the export of raw goods over. So that's clear. Create a stable and predictable business environment for local processes. Regulatory and inconsistencies plague the operating landscape. Push again everywhere. Even if you think about the export expansion grant, even incentives from all addition sometimes make it for make it easier. I'm talking about non-defined incentives. The operational problems can even make it easier for somebody say, you know what, just carry this in my go. We did about 40 hectares of potato in our brought them out. Initially, I wanted to see if I could extract um, pharmaceutical starch from them from the things. I wasn't able to to get the material, the equipment to extract the starch. So this my people, we now said, okay, let's go and sell this potato. So was the one who had the sale. So, so he was the one who wrote, he told me that we can do because before we went before went to market, he said, okay, we check the market, they were selling like 40,000 a bag, 50k, 14,000 naira. I told him that this thing that once we start going to the market, this will drop. He said, no. So I think the week after that started to implement, I think it came down to like 9,000. So I said, "Okay, let's let's now I told him this 9,000 will not stand." So he worked the numbers, just told me this problem. I said, "I understand this. If you do not control the entire value chain, you lose. You must be the one that add value before otherwise you lose." Which exactly tells the story of what the country experiences. We ended up begging people to buy that thing for 4,000. The man come to a be in the night, in the night, drops no drops of potato before you land there. You will not see a seed of potato. And if your potato lasts the next 24 hours, the value goes down again. So the bus is not taking off at that time. Okay, was between four and 5. So number one, we lost money. We lost money. Everybody was seen us losing money. And the reason we lost money was because we don't have the capacity to add value to it. That's what happens to us as a country. This is just a particular case for me. And you remember that I use machines to fast. I found with. So if you if you extrapolate at scale, see what our farmers do. You cultivate, you lose money. How can a country that is predominantly dependent on resources and have not existed the level of extraction ever prosper? It's not possible. It's either you lose or you make minimum profit. The only way you can advance is to add value. If we had, if we had acquired or even borrowed an equipment for pharmaceutical start now, or so, and it come back to floor, we sell."

"And the value will go up. Everybody lost money. So the thing is, we have to understand how this works, and there are all supply chain issues. All supply chain issues because if the people that convert this into FL, it is easier for them to train a rail line that goes straight to where their factories are. It will not be as cheap as 4,000, but because they have to come and come and buy them and then truck them back, they have to have to take. So the consequence are enumerous loss of industrial base, loss of revenue, loss of sustainability. So these are four levers that we can adopt for resisk."

"I won't set him up."

"So using things like industrial zones near raw material sources, you know, I said why as if there's a rail line. So if you have industrial zones or clusters, processing clusters, say for like in the case of the talking about pharmaceutical st, you have industrial clusters, and you have your rail straight to the place, you can actually derisk the supply chain. So, and integrating that's also connected to integrating infrastructure. So that infrastructure is integrated to where the raw material sources are, you know, and and policy enforcement. There are things that we can do, include of course, local concentration to keep raw materials on the consu finance for f investing in high dme. I don't see reason why we cannot give tax-free incentives, maybe even give facilities to like a company that says, I want to do free extra in Nigeria or share not in Nigeria, and so on. So again, due to transparency, this is one of the things I would like to implement, the additional raw materials index, which helps us to track processing, supply, demand, processing in red levels, in range. If you have that kind of information, it becomes easy again to support decision making when it comes. So the infrastructure is well known, and I just do a little. If you look at this, this is what it costs to self-generate power, you know, and uh, you can see the trend. That's why I just trended it. You can see the trend line that is is going worse every day. And in terms of specifics, electricity costs about 40% of what it cost of so producers. The cost of electric generation is about 40%. Average daily power outage is about 10 hours. So how, if you sleep for 8 hours, like you guys plan to do, and you have 8 hours after work hours, so how much more time do you have? So in terms of logistics performance, if you look at this, the lower numbers and the ranks, the true scores on logistic performance, what they have on the upper, compare Nigeria with South Africa. South Africa has been the list, it has is 3.31 across, you know, in the past number of years. Nigeria has not gotten apart from 2014, Nigeria has not climbed beyond, has not gone to three at all. Look at, and of course, look at the ranks, 935, 90, 110 in a committee of world of countries of about 120. And look at China, look at the scores, and look at the rhymes, and from 28. Look at the United States, between 14 and 17 in terms of logistics performance. But our own is between 75 and 110. You know, just carry the. So it has a logistic cost as of GDP about 50%. Logistics cost as a percent of product value up to 75%. If what cost you, if logistics takes 75% of your cost, what again are you going to now be doing as of profit?"

"So I'm going to just go straight to, I don't know how much whether I've exceeded the 30 minutes I have."

"So somebody told me I love 30 minutes."

"Are you sure because I enjoyed this or because?"

"So in terms of policy transformation addition, I think institute enforce the minimum domestic value addition ratio of 30%. And that's what we have. We have been fighting for. Thankfully, we have we have a deal now, and we for those of you who are prayer warriors, we pray so that the president will wake up on the day that will it becomes an act. So that's what we fighting for this one. Now, I'm going to I'm going to be establishing it very soon, pretty soon, because as you know, we're set up the biggest database for raw materials, almost like in Africa. We have people from Uganda yesterday, they want to replicate what we are doing here, discussing, so they're here as they want to see, they've seen what we're doing and they want to cop it for Uganda. So this national us to track and publicly report progress on domestic processing levels and again gives us again, tell us about what's happening in the area of paper. So, so that tells that makes us do what we're expected to do, at least present the truth the way we have it and guide and all central bank and government financial incentive to f demonstrate measurable, verified compliance with domestic value addition mandates. The truth is a whole lot apart from a whole lot tied to to implementation of this. If you implement this, at least you come out of it in a lot of ways from massive value capture. At least small amounts at S level operators in solid can can do their work and can can supply. So I've explained a little bit of these things, but again, we can talk about the risky production zones are cut when um, so this primary source of raw material security and land access and then the traceability again, the council is working on this on the traceability handling it."

"So we're working on some of the traceability so that you can you can point to to the authenticity because that's part of supply chain integrity. If you say um, if you cannot, if if we have raw materials that you trace to where where um, what do you call those people that come? So if you go and get the raw material from it. So it doesn't, it's not acceptable. I mean, or some raw materials that are tampered. Instead of looking for gold, they mix it. So all of those are things or you can know that part of."

"You don't know."

"The number of things we can even export."

"You know."

"In 2018, I went to buy different."

"5,410 he of oil pal estate in sit. And the reason we went to buy it was because it was a reserve area. Reserve areas, if you produce. So if you trace oil production to that reserve area, they buy it confidently in Europe. And because it's designated for oil production. If you trace oil, vegetable oil sent to some areas that has not designated effects. Yes. Whether to buy it or not."

"The whole concern authenticity, quality, because the one that from the reserve area, you know that authentically is designed by government, approved by government, for instance, for oil pump. So the one outside of it may not, you know, if uh, they some farms were kids when we started the potato this."

"No, no, I don't, I I remove the potato. We did seed there. So but we were supposed to, we after the after we've done the conservation, the ceiling and all of that and planted, we wanted to we so we were looking for how to save. So one one man has been helping us, one local man, he knows where to get. So we gave him our truck, and I went to one mosque in. I brought children and I screamed. I said, look, you want to put me in trouble. So these are kids. So that kind of thing is against ethics, and I said no, we have to. He said, no, no, do it. You do it, but it's not at scale like this. As a kid, I follow my mom to farm, that's not the case. But when you're doing massive things like that, are traced to people by your destiny, because it's no longer ethical, it's not, it's not compliant ethics. So again, I've talked about corridor dedicated corridors, you know, primary investment, dedicated transport infrastructure solely for the movement of raw material. So cost us properly. Don't worry, I'm done."

"So this actually the last slide, which is again, almost like what we talking about. So this is. So I have dedicated bus corridors, which again ties to where you have single window and captain power. Captain power. So I thank you for listening."

"Thank you very much. Raw material unless you otherwise continue excessive. And then he also spoke about."

"Please give a round of applause. Stand a round of applause. Thank you. That was explicit, lucid, and highly innovative that had everyone's bare bounds to discover new pathways of knowledge and also uh finding ways for the raw material of the future. Ladies and gentlemen, while you are still seated, once again, can you do justice? I just give YOU THIS. Hand for her to proceed. Thank you."

"Thank you very much, Professor John. Ladies and gentlemen, the DG has indeed done justice to this presentation today, and I would have to invite questions on the floor. Today, we're going to be a bit more liberal. We usually ask for two questions from here, two questions from here. But because I know everyone is eager to hear directly the responses from our own DG. Okay. Three questions. What is good for the?"

"Why are you changing the rules? Why?"

"Everyone ask questions? So can I see the rules? If I talk about the rules. All right. Uh, I think we'll do it sequentially. Uh, we'll do it sequentially. We'll do it sequentially from this point. And then also, please, the online audience, especially those the coordinators, they've been by the scene director to uh stay tuned. So we also take questions from them. And as many who are online, and please, if your question cannot be taken, you can as well send your question to the email that will be on the presentation, and also the email of the lecture series. Thank you very much. Can we take it one by one?"

"One after you're starting from your name and."

"Thank you so much. My name is um, during the presentation, sir, actually, you made me develop interest in this export expansion fund if I did get it correctly, and material value addition. Now, sir, you will agree with me that assets to this fund. Sir, how do you intend to manage the microeconomic policy conflicting from this?"

"Okay."

"I think first things first, the the most important thing, you know, that there are many things that we have decided to close our eyes to in pursue this bill. There are many things because if you open your eyes and your mouth and talk about them, many people will challenge the bill from day one, even before I get to this point. The EEG is one of those because if we had done that before now, I'm sure they is when they realized, you know, they woke up late when we were doing this and then rallied stakeholders and called me back. I refused. He wrote me, I refused. He wanted to rope me in, turned down. There are a number of things we share a question again. You know, that oil and gas, the entirety of oil and gas belongs to our universe. Oil and gas is raw material. You don't know. But if from the one we included oil and gas in anything would have been they use big money and quench that. So the number of things we have kept quiet about. Now, to answer your question, once it becomes an act, we would challenge and trust me, I will challenge even. So there are many things we kept quiet because you have to. Even where matters before I'm thanking my don't have it as a question. I want to have it as a compliment. If of this magnitude need to be doing this kind of things, they have monthly. It not only helps them to grow to be a brace of what ought to be done, but to develop their specific areas. So the first request I want to make is this, with your permission, can we have monthly presentation or seminar in typical areas, department by department, so that departments could come like this and make presentation either in their classes or whatever that will be critical to the accomplishment of the functions and mandate of the council? That's one too. I there's a paper we wrote and sent toler, accepted it. When we paper that we don't know what you're writing. Do you know why scientists engineer from other areas, distinguished fields in the scientific area, they wrote classical, they said there was no economist in it, and then it lacks the transformation of the scientific implementable strategic framework that will lead to development. And today, I am seeing that nexus between the engineering, the science, and the economist because the perspection or the dimension from which you presented this is utilitarian, such that if you look at it, begin to see policy, if you look at it, begin to see actionable steps you can take to actually analyze that innovation that has been done in the lab. Most of our innovations, Nigerian, I tell you, go to the school, you have a lot of things, but the linkage to take it to the market and to actualize it to get expected result is lacking. And this is where you."

Have shown your proficiency as some professor of economics because you and I are making those research findings, research knowledge, research exercises that are there that have potential that are the lion sleeping giants. Because by the time you showed me the disparity between what South Africa can do, my mind begin to ask me what do I do to we have done the basic work. We are not the but how you move and compete and that's where my commendation comes that this is timely. This is strategic is is an exercise that is worth doing regularly so that it can be in our lives so that people be prompted to do the needful here. We need to do it DG and you have done a very very good work. They say that um the thing that smells new is not in the body. So no matter how you wash, do you know what they call that? No matter how you wash it with and perfume it, it will still be smelling because the element that is causing that smell is right inside embedded in the bones. Unless you break into this. So as a professor of economics, he talked about that dimension and economist talks at the implement implementation and you're carrying out what you have and bringing it to. So I think I like this and I'll still commend you saying thank you sir for good work and do See that means you have been attending this project our program. This is a lecture series we instituted it a lot. I think this should be like the seventh.

>> Yes sir.

>> No, what you do is John you can do at departmental level. It's actually for you. You don't not I'm not telling you what you're going to do in your department. I'm not I'm not going to micromanage you. Your department is your department. So if you feel that that is good for your department as part of capacity building in department. Yes. Institutionalize it you know um I would not force the heads of department to do that I've encouraged heads of departments to or enough to develop capacity building programs in department and we tried to do as much as we can to support that now so so it's up to you to think about that I think department have what we call knowledge sharing sessions but people go for training you share within your department even if it's not in even if it's within your division you can do that that's how um I guess leaders a good leaders inspire by part of what you aspire to share what they know or give opportunity for other people to share what they know you know so so that the bit about what I presented and economics The truth is and I've said it separately and I keep saying it nobody talking about raw materials if you do not think about the market if you do not think about production you don't think about consumption if you don't think about distribution and the fact that this council for several years ignored those areas why you have been running because it got a point where you are stay staying with your staying with your findings, staying with your you stay there, you die there. So there must be the all interconnect man that came here who open your eyes to raw materials did not come to further his research. He did not come to further his research. He came here to buy your raw material for his market for their factories and for markets. And therefore if what you are doing in your laboratory not connect who are you doing it for? If you go to RBC, we have machines there. Unless we have very robust commercialization framework which are struggling to see can get they will remain there and new technologies will overthrow them.

>> And the reason there is because there is no robust commercialization program. We are trying to see if we can get our head out of that. That's that's the reality and commercialization lies within the the the ignorance and law. Anyway, so sorry issues. That is fantastic. I was my eyes open to say that some of our policies are actually giholders or zal. We are not going against the people. We are trying to I was in office yesterday for a book launch. The woman that wrote you that the group that wrote you that letter was there and immediately they was from raw material that was one thing they told them possibly to fix them raw materials and then just brought out a graph one of the graph came from world train organization and I showed them what countries are doing with their raw materials and the woman said we don't have any infrastructure. And the infrastructure we got into argument and about four people got there and got interested. They said they want to see that they and they didn't come. They invited you for they say house in house something is smart he must have done he knows where they going but what I want to say is that even with our smartness if we don't do smart information to the people I think we know what get to their home we sensitize on what this is there for them on on that I have to ask from beginning from Niger where did we get it wrong that we began to jumble strategies and even know when we are making policies that are even against where we get it The second thing I want to tell you is that on a lighter note, your lecture was good, but you almost m this lecture putting a European baby to us. You should I put it like 5 minutes back. I just slapped it into the place. I said I just have to finish this. So maybe next time. But that's that's that's a good observation. I don't like I don't like faces.

>> But uh the first I don't know which one is the first question. Okay. The first one is about sensitization. Yes. And I bought I buy into it 100%. I think we need to do that. I think we the state offices we need to work out the you can help us with a concept note on how it can be run can do it across the states and even that nice can give me a concept. So I think it's very very important. It's extremely important. The woman that say they wrote to me they know what they did because I got intelligence. I actually prepared to go with them. What happened was that Indians and I keep saying it. It's not they're not Indians working with some sudo professionals or sudo in fact not only sudo but including mischievous you know academics. What did was they want to um because they wanted me to discredit you know how you put somebody in the in the corner and then begin to challenge it and they now write a communic that majority of the people in the something that I was in support of something what I said is something I understand very so me in speaker but they communicate with me something again not spoken and they say you spoke but that's the communication so I I touched it.

>> And and at time I didn't attend that I actually prepared to attend that when I got rid of um the organizers and I profiled the organizers I so I think uh where we got it from it's it's not surprising to know where we got it when corruption took the better part of force it becomes easy to buy anything because I don't know how I don't know any man that has family that will come into his family and deliberately with his own hands and be killing the sources of income for his own family it's only Nigeria that should see that kind of how can you be giving exports simple data will tell you that the exporters of raw materials in Nigeria. I love Nigeria. You don't even need to do something that is expensive. Just rough estate in Cano. You have the biggest raw material market for seeds. The people who are getting that are Indians and lemonade and everywhere you go. So they do is they give us to villagers and mop up all of that and export them. If you can tell me who is a major major exporter of grains in this country person who is a Nigerian tell me the best you can have are middle level aggregators. So the rest are foreigners. So how can you now give export expansion grants to foreigners to sabotage their own economy? It's only it's only corruption that can lead to that kind of thing. But you see you cannot begin to talk about it at this point. If you talk about this one they know where we're going. I will challenge it and my interest in raw material actually for like that whe I go by way achieve it next. I'm not a you know. So for me that's the kind of thing I'm interested in. Let's save the country. Let's deliver this country for people coming after us.

>> Thank you very much sir for this uh very enlightening lecture. So I want to also add is by way of information on the fibility that mentioned and also s to also suggest that alongside theization issue to maybe you can also to identify or have conveying or complaining uh or a directory of uh people that processes uh our raw materials in Nigeria and export it. we have them. Yesterday coincidentally I was in a meeting with uh one of them and uh he raised a point that um when he export outside the country what he faces the problem he faces is that the raw materials I mean the product that he exports they will ask him about the tracibility of that raw material where is it from how did he get it and he doesn't have it. So he was like saying we should come in on how we can at least uh start this flexibility uh uh issue. So I told him about the DJ was already approved and then we are like have a training before we now com so that's why yes sir.

>> It's not so late program.

>> Yes, we are we are we are we are holding it on the 12th.

>> Of this month.

>> And then we having it in two batches the first We intend to have to train about 30 uh staff cutting across all the department and then also we intend to make up with our state offices for that uh first part of address. So I just want to appeal to your head of department that we will need your nomination. We're going to send out the the name of to to that. So I think this is just what I.

>> Okay, that's fine. Um I think the most important thing you have said because the traceability like if I I keep mentioning it supply chain supply chain integrity has a whole lot to do with increasingly people want to to know where what they're buying is from. You know part of the reason is not only because it's not only about whether there are places that you have chemicals. So you want to also be sure. So you look at the map maybe is a place you have plenty of tea and maybe that entity the produce that has of those elements. So if you know where is coming from you can say no I don't want this you know so which again goes back to supply and so the we have consulting firms so you are the one of the raw materials process. I think we need to.

>> We have we are building we have a a group that we're compiling that we actually have about a thousand a database about a thousand processors and the thing is that the database we're compiling we're still working on behind the scenes on that um we can not have raw material exporters and they become part of uses Sorry. No, the person you met exports.

>> Because one of the things I try to do and anytime people come and they just come through some of that they tell me how exporting and all of that and raw material. I actually I actually um shrink or how do you.

>> I drop back because I cannot be a messenger of all addition and then they have been talking about exporting it just doesn't sink well for me even if I'm not the DGCO of the mar I think it is wrong I'm I'm doing I'm not doing any good for my children and for my children's children. I'm not helping them. I'm selling their destiny. I'm making an average Indian man to be better than the sophisticated Nigerian the prosper and taking away prosperity. You know if there's a video I've shown you if that. And therefore nobody takes away raw material. Everything is being processed. One of the things that will happen that those people carry their machines here is normal. After they have waited pressure and all of that they begin to bring their machines. Your people will know how to break machines. They have jobs and they find jobs for that matter. people will cultivate and look at their processes a whole number of things. So you cannot just walk up the destiny of other people and say you're doing business and and they have a big commission set up and all that they do and I'm not frankly speaking I'm not anytime I see Nigerian export commission and I see them on the television talking about the volume of exports I I cry I weep because me my heart beats I don't know how somebody was saying you exported Whatever thous of grand what will it fet you? What will it fetch you? But if you do that ground here extracted vegetable oil here you will have the food for feeds for animals for cakes. You will have the oil. If we cannot sell all of them here, we sell to Cameroon to Gabon to China to all countries and foreign prophetically for God to be able to attend this lecture because I know if DJ this matter uh go beyond to critical concept analyst that's why we're here um I present to you and pick five key point we talk about strengthening collaboration talk about local capacity talk about ensuring supply chain resilience talk about commercializing research output and also measuring impact and performance I have five question on this but I won't ask five.

>> Just ask one.

>> And this question is not for teaching it's for all the director so we can develop concepts on this role in Nigeria's industrial development how can our medicine strengthen collaboration with other government agency research institute and private sector to ensure that our raw materials value addition strategies move beyond policy framework and result in measurable industrial development. Question number one, please all directors not it concept on this. Second question number two.

>> About moving from passion to transformation. Sir from your experience, how can the council practically bridge the distinct technology and human capacity gap with processing and manufacturing especially within the sector maybe agro sector and sector how do we bridge this gap human capacity gap technology gap thank you sir I have five but I will send to directors but let's stop.

>> You know when I came when I came here and that I'm going to use this answer to answer question. There's a question he asked that I I forgot. It was uh what I think of he talking about the whole idea of moving from extraction to if we get this bill as an act would have done 70% of the journey doing that and I will tell you what will happen. adventure. I've started with what if. If you know you're not going to export your grand the way it is to Ghana anywhere, the first that comes to your mind is what am I going to do with this grand you know there are people who are there who are going to take from you on a local level. So just say I have grand but you know I don't have machine to extract from grand but you have machine to grand. So some of your neighbor uses a small machine and everybody around the neighborhood pushes their grandma to the neighbor the neighbor buys grandma. So there is immediate exchange and trade and people can build far more grand because there's a neighbor who can do that. The neighbor becomes a processor and grows the technology within the neighborhood and builds the human capacity within that neighborhood. That's the human capacity for processing and the network is going to meet people from other neighborhoods basically doing the same thing and part of what will happen is the competitiveness of these supplies and the one that is more outstanding becomes a model. every other person tries to enhance the capacity around his own neighborhood to reach to that. So it's it's just a key that unlocks that and it will happen at scale and part of what will happen is that technology for improvement processing will naturally trigger trickle into the system trickle into the system. So the human capacity the technology and by extension because by this particular act the government would have locked itself. That's what it means. We don't lock it again. We'll be forced to look inwards in terms of supply chain resonance factors. Residence factors. So that's basically how it works. So and I think that addresses part of what we what we also ask. You know it's good to understand the economy. You asked a question about when do we move from policy and strategy to policy. The reason again for for this decision about the bill, it's important to know is that it is a law. It's not a strategy. We're looking for a law. We're not working with the government to develop a strategy. Law locks everybody in. So because for for all the USC independent we're talking about policy and policy failure talking about implementation and implementation failure. You don't have a failure in law. You have a breach. You have a breach of the law punishment.

>> As punishable. So it will eliminate con. to minimize the very considerable the issues of policy failure issue of implementation failure. So we are not going to be dealing with issues of the law. We no longer about whether the solution is working or whether the individual strategies are working. So this is a deviation from strategy from policy but it getting everything locked in within the law. That's the reason we getting speakers. For some of us, we saw the teacher. We used to see the DJ but today we can see you as a teacher and it also where your passion is coming from on two edition and the data matter you know you you have made everybody know how passionate you are about this and you have that responsibility as a in the area of facilitation. So I want to bring to your notice today that in the process of our field work because myself and my team in the ops and the MDA decks we have had engagement with some people from ministry of went to ministry of agric and we have also you might not understand the extent of threat or um dis they have for we have to go with our responsibility is to see how we can facilitate engagement so that when we are successful we hand it over to agric see how we can because synergy is very important if we've succeeded in ministry of uh mineral we have you to the appropriate department and say take it off from me But that the truth is that they don't even want to see us. So when we had engagement with evil uh opius the this mineral the people in the mineral society we had an encounter with somebody that told us that while they were mining for the Indians or is it Indian or Chinese they came gone so in the process of their mining site while they're in the hole they have to swallow some of this precious stuff because when you come out you have to naked yourself to ensure that you're not going home with any of this.

>> And that is.

>> In your own country.

>> In your own country. So you see unless you engage with them you don't really know exactly the extent to which we are being raped as a nation. So sir the question now is that how do we work across this even when all we want to preach is not about raw materials it's about how we can I mean let's synergize concerning this and yet you face so much and like I told you the other time when we were having our priority project for 2026 I said we have had engagements but nobody wants to know your effort except except you have success stories. So I thank God that such lecture has come up to him when we face such s how do we navigate through knowing fully well that all we are just after is that let's work together for the betterment of Niger to make sure that we have Anyway the council you should have skills in diplomacy but the hatred is clear is very African raw material war we face that's where the hatred became very obvious to us and I'll break them down so we have hatred forc coming from outside of the country and we have internal levels of hatred unfortunately The put itself in a hole, a big hole before now so it becomes easier to spike us. But I pray God that we get out of it. We went to the minister of agriculture. I don't know who followed us to that place. Were you part of it?

>> Yes, I was.

>> But you were outside the minister and it's not this is you know you record it because that's the truth. The minister proposed the things we are doing and I challenged him. I told him they tried to I said he said we have to save this country. He tried to give examples of how why I said no I and then they wrote us a letter that they are not going to be part of the Africa rubber that they're not going to be part they don't want to be part of it. Hello. You understand me?

>> Yes, sir.

>> That's from the minister. Although we got very warm reception from the minister of state.

>> For the next one, we still go back. I will go back again and present our I don't care. We are not ministry of agriculture. We are not farmers. Our work is very distinct and I think directors directors people who are knowledgeable should explain this. The work of RMDC the purpose lies on two fronts import substitution addition facilitation Q. So anytime you begin to see yourself because you are in the department of agriculture and agraite I to see yourself as a light to minister of agriculture you are making a mistake. So if you look at that this lecture we have extraction to transformation your job is not at the extraction phase. Agriculture and solid minerals are at the extraction stage. That's not where we belong to. We are also not at the transformation stage. Maners are at the transformation face. We are in the middle. That's why I say intermediation or intermediary however you want to put it facilitate. So but these guys do not also belong to our own faith. They don't facilitate agriculture is produced enough for food security and other purposes. Some minerals give them licenses so that people can mine and all of that. It is not in facilitating value addition or valorization. No periphation as the case. I went to solid minerals where we want to do the minister. So I'm just experience. So it's not as if you have made something strange. It's something experience all the time. I remember I spent a good time of my night trying to see the future. So wife before we are sleeping you like to sleep. So I went to to solid and uh I told him that we having the we are launching the RMR the raw materials management information system. So the first time we went to him, he said he gave us a date because my former minister told me that it will be good so that they don't see you as taking over their job. So and we know that J is is the president almost so tell them before say you are looking for. So we went and told him the second time we had a very fantastic discussion and he said this is good and he fixed a date by himself. So we we use that date to fix the date for the event and he was supposed to be a speaker on that day. one of his agencies set up another event. In fact, he told me that our event should and that's the reason we put the other day that it should be used as the first in the series of activities to mark the second anniversary of the of this. So good that we used as the beginning. So that that one agencies had and they sent me a letter to so.

>> The the thing is that I do not blame them and I'll tell you the reason I don't blame them is because it we we have to tell the world who we In the past one week, I've been thinking of how we respond. So it becomes clear the understanding of what RMRC is, who sorry, who we are and what and how we differ from other agencies. We don't have that kind of communication anyway. It's very important because it's law. We don't have document but if you have it you can send it across to some of these mining. Ours is different. I think it's something that we can take up. So you're not alone. The only thing is that if you understand what we're supposed to be doing once you get to the place let them know the limits. So if you go and be claiming agriculture beer of agriculture of course they're going to treat you like an outcast because you are not one frankly speaking. So if you also come challenging people about how you're very good even to know the limits.

>> Where you cannot go and say you're not there microphone.

>> Thank you, sir. This lecture when you were talking, you said nobody told you it was over 30 minutes. Actually, we are enjoying the class already. Yes. If if we are not enjoying the class, most of us will be sleeping. That's how you know when students are not enjoying your class, they will sleep off.

>> We are we are all because exactly what we are into. So we are all following. And uh when you gave that example of your experience with potato, I was just smiling. We go on investment uh follow and most this is their pure experience when we start talking about value addition because everywhere we go that's what we talk about. The question now is you said we should not allow these foreigners to buy our raw materials. You want us to add value to them because we tell them you can do this, you can. The woman said after we finish where is the market? Most of them complain that they don't have market for their product. We were on Mirror. When we went to Mirror, the woman that brought smoked fish, she came all the way from the she was telling me man, you people invited us to this program. Nobody has bought a single pack of the fish. So when we are talking about value addition, there are key areas we should be looking into. Offers they are very important to them. Then there should be linkages to.

>> To market.

>> Then another one is equipment. We cannot be telling them don't sell your raw product. What have we given them to do little addition to them? So these are key areas. These are questions that everywhere I go these questions come to me. I only pray before they give me I said holy spirit help me. So these are areas I think we should focus our value so that this kind of issue you face you are a big man so you were able to survive even after you sold the total 17,000 17,000.

>> At 4,000.

>> At 4,35 you were able to survive if that happens to a small trader that's the end of the business. So if they need help.

>> I was the situation because the message possibly to the minister and the minister asked that we should go to the anywhere and then.

>> They were.

>> And then one week was a Chinese company for them in we took the Chinese company possibly go and see the customer whe they said that they want to bring a machine to the place and that's how K got to the machine which they the company that was doing local and so all the started sending their but I want to point out something because in the past things have happened this hatred like you are saying I've had a ministry of professor the ministry of solid mineral because they actually needed to understand this this fight that It has that we are taking their job as always with them. But until you clear them until the minister understood this until the day of addition and they understand that we are not doing agriculture to feed the populace or things like that until they understood it. We are not into that type of big agriculture. This is what we are making people to add to agricultural product that has already come from you and the one you are taking for feeding you go for feeding but after that we don't want the one that is remaining to get lost. The same thing with solid mineral. We were able to tell them see we don't have any business with solid mineral as far as it is still on the ground. Do your mining and but when it comes to the surface and we find out that you're going to have issue of them obsiding of them not having where to go then we need to add value into them. So we are of not in the upstream of possibly uh mining exploring where the mines are or mining or digging from the don't activities it is when the mind materials are out then sometimes you don't have to people who people who bring them out want to send them out but the dynamics like you see is coming out very clear now. They even get more value and that's why there are three or four company just for for now they have agreed that they want to do their own batteries that when the time comes that people find out they can take this go to.

>> And give us this information. I think we need to know what we are doing and expecting to do and what we expected to say when such come. I think it was last year when defense immediately I mentioned onion the woman challenge he has already challenged Mr. for me and has purchased them out.

>> I said no I have to go there. The woman said I should not mention there are two products I mention in a ministry of agriculture. Why should we talk about? I said this as far as I'm talking we are par to ministry. He said how I said you're talking about I'm not contending with ministry of agriculture on a not talking about aronomy. I'm not talking about farming but not come here for food security. I'm not talking about that onion. He said whatever. I said onion doesn't needion. I said the magi you are having in your sh is from and it's not the mandate of the ministry of using the onion to that is the from which we are raw material is coming to boost onion for food security we are saying we are going to have a variety of onion that is very good for making flex onion flex that is very good in making onion powder and which you can use as derivative in other pharmaceutical and food industries the woman says that so that day she was properly educated and she accepted it most of the time we don't even know what we ought to do and sir I think there's an expert who have app time I told you that we develop I will bring If he so satisfies you, he wants to bring an app that can bring together producers, processors, buyers and sellers at the point which raw material can now control being control. I'll give it to you if you can that will help us to get that app where material will now be the center point to know who does what where he does it and everything the one sir. I want to add the issue of everything with especially level. There was something we custom. So if we can have a model of cluster development at local government level that all the producers to have points that will be enough processors and all that and there will be small scale processing outlets. I think it will go a long way to help. Thank you.

>> Thank you very much. the DG, the directors, the deputy directors, the assistant directors. Thank you so much for making today's RDC lecture series absolutely exciting. A round of applause for yourself. I'd like to hand the microphone over, Mr. Professor.

>> Well, thank you very much. according to western church the price of greatness responsibility and as you can see from the lecture that the able DG has been able to shower that responsibility and indeed as a mark of greatness. Ladies and gentlemen, at this point um may I have the privilege to invite for uh the the key facilitator of the director of uh directorate of corporate affairs to come forward and just say something to the D before we have the vote of thanks for Dr. Please give me a round of applause. senior colle in fact this is a great meeting we've never had a long time like this thank you sir this is a very great impactful world a very great one I can see due to even time most people have been carried away because of the sound interest and gathering more information on what we think we have and on what still we don't have. Thank you very much sir. At the same time this is a wedding month of which we have a DG and yes lecture we want to start to start saying happy birthday to you. Ladies and gentlemen, please as we give honor whose month is this month.

>> It's a special souvenir of the RMRDC lecture series. We appreciate you. You have taught us well. You have shown us the path to greatness. And today you have actually combined both roles of being DG, teacher, instructor, director, administrator, the Direct sir. Can you put your.

>> Now.

>> Can I have a D.

>> Can I have a G.

>> G.

>> Can I have a C.

>> C.

>> Can I have an E.

>> E.

>> Can I have an O.

>> O. fellow for a jolly good fellow for a call. And so say all of us hooray. And so say all of us hooray. And so say all of us hooray. For he's a jolly good friend. for he's a jolly good fellow for and so they are hooray.

>> Congratulations. Welcome, welcome, welcome to the month of exceptional greatness for the RMC Nigeria. So, thank you very much once again our DG want to thank you and also want to thank the initiator of this special program which is our own professor John. A round of applause for him. I love you so much. to be a leader. Unfathomable and undeniably a proof that is a man of knowledge and like the words of Mr. the church here receive THAT thanks before we proceed for the pictures. Yes. Thank you very much. What other things and what you say.

>> Okay.

>> Versence of protocol. I want to thank you sir. Um that's what that's what call light when light comes darkness certainly decide.

>> Incontrovertible and um when you have something upstairs effortlessly reels out.

>> Yeah.

>> I was watching one uh television program the other day. This fish when it moves out of the water it goes by the le and they posit the eggs there. I was watching with breast I saw the eggs. I was asking how did nature make this fish to get back to their source and begin to make existence. He said uh I praising you but you have brought a new dimension to THE VERY INSPIRING, very clear, very strategic in your approaches and in the way you are reading. Let me tell you one thing you need to understand about people like us with the baby of know. We are trained on how to read and write. The three hours was what the white man used to deceive Nigeria. three hours reading.

>> Writing rhythmic because they don't call it arithmetic they call it so writing and rhythmic and they brought into what into what they call CPR and.

>> That's why that's why if you take our students out there to do any classroom work they get 100 the white man does not believe that um cognitive Preferring the PSYCHOTIVE bringing reality into existence. Something must be reactivating us because if you give us we can start right right bring a lot of put it but that does not translate into any meaningful practical impact but he has come to see that that which was lying here was idle and it can be reactivated for that look at the lecture he brought I started thinking about information give me two weeks this year lecture will be translated INTO A JOURNAL IT'S A SENSATIONAL BOOK THAT IS a world class book. So it won't stop here. It will be turn into journal publication.

>> Thank you very much for this. You are inciting us positively and we thank you for the grace. At each time in the history of humanity, God will always bring a redeemer. Amen.

>> I call you the redeemer.

>> I classify you as a redeemer that has come to redeem us and redeem things here. Everybody has done their according to God's calling. But you have come to redeem this place. And I pray that God will allow you accompany that.

>> Amen.

>> Thank everybody that has come. Thank you for active participation. Thank you for the questions. Thank you for the inspiration. Thank you for what you will do answer. Thank you for today marks a day very important day that you struggle every human being was a product of severe and serious competition a manate millions of do at a time of that only one.

>> So he is a very good competitor and he can't face him that today you are also seeing the day you are brought into this become impact and I know that God has brought into this world Love you. Whatever you do, God has brought into us humanity. God has brought into mankindity that will turn around our future. Thank you very much for this. Thank you for everything and we thank almighty God who has given us this day and glorified in Jesus name. National one request. Help us to build a nation where no man is oppressed. And so with peace I'm blessing Nigeria may be blessed.