WorldStage Newsonline– The National Agency for Science and Engineering Infrastructure (NASENI) has projected to save Nigeria over ₦10 trillion through its National Assets Restoration Programme (NARP) that will be implemented across the country.
One of the early results of the scheme was the over 375 tractors which it revitalized and commissioned by Vice President Kashim Shettima at the weekend in Borno State.
In the projection of the Executive Vice Chairman, NASENI, Mr. Khalil Suleiman Halilu, Nigeria holds over 47,000 broken-down but serviceable agricultural and law enforcement assets which will cost over ₦14 trillion to replace. But he said these assets through the NARP can be recovered for just 15 to 25% of their replacement value which will translate to over ₦10 trillion in national savings.
In his words during the commissioning of the revitalized tractors at the Borno State Agricultural Mechanization Agency, Farm Centre in Maiduguri, Halilu said, “our national survey revealed that Nigeria holds over 47,000 broken-down but serviceable agricultural and law enforcement assets. The cost to replace them would exceed ₦14 trillion.
“But at NASENI, we asked a simple question: Why replace what we can restore?
“With the right engineering, the right people, and the right partnerships, we found that we can recover these assets for just 15 to 25% of their replacement value—and still achieve full functionality. That is over ₦10 trillion in national savings, while reviving productivity, jobs, and security on the ground.”
He said with this concept, NASENI was showing that Nigerian problems can have Nigerian-engineered solutions.
“We are building local capacity, developing talent pipelines, and enabling technology transfer at scale. We are turning NASENI into a true national enabler-quietly but boldly proving that government can deliver, and that transformation is possible.
“When we set out to design the Asset Restoration Programme at NASENI, we were not just looking for another project to tick off. We were confronting a reality: that all across Nigeria, from farms to security outposts, public assets worth trillions of naira had been written off, locked away, or left to rust—not because they were beyond repair, but because there was no clear system to bring them back to life.”
He thanked President Bola Tinubu, and Vice President, Kashim Shettima for their endless support, belief in our mission, and their constant encouragement that we must not only think big—but act fast.
He also thanked Governor Babagana Umara Zulum of Borno State for his support and leadership which have helped bring this vision to life here on Borno soil—turning his state into the first node in this national restoration network.