Vice President Kashim Shettima has launched the Federal Government’s National Asset Restoration Programme in Maiduguri, describing it as a landmark initiative to reclaim Nigeria’s dormant industrial and agricultural capacity through engineering-led innovation.
Spearheaded by the National Agency for Science and Engineering Infrastructure, NASENI, the programme aims to restore over 26,000 broken but serviceable heavy-duty machines and repurpose nearly 500,000 idle components scattered across the country.
Speaking during the launch of the Programme, the Vice President said the objective of the programme is to reduce waste, cut unnecessary spending, and power national development through localized innovation and sustainable asset management.
The Vice President reaffirmed that the President Tinubu’s administration is committed to building a productive, self-reliant, and diversified economy, with strategic investments in infrastructure, innovation, and local capacity at the core of that transformation.
He also called for public cooperation in safeguarding the assets that will be restored, explaining that these resources belong to the Nigerian people.