Tuesday, April 21, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Business

RMRDC Unveils Platform to Transform Raw Materials Information

byJoy Ogbitse
April 21, 2026
in Business, Tech
0
2
VIEWS
Share on FacebookShare on Twitter



The Raw Materials Research and Development Council (RMRDC) has introduced a new digital platform known as the Nigerian Information Statistical System for Raw Materials and Products (NISSRAMP). The system was officially unveiled in Abuja, with the council explaining that it is designed to give investors and stakeholders easy access to reliable, data-driven information about Nigeria’s raw materials.

Speaking at the event, the Director-General of RMRDC, Prof. Nnanyelugo Ike-Muonso, described the platform as a major step forward in how information about the country’s natural resources is gathered, managed and used. He noted that the initiative reflects the council’s renewed commitment to becoming a leading force in raw materials research across Africa.

He explained that NISSRAMP was created to solve long-standing challenges caused by the lack of accurate and centralised data. According to him, this gap has made it difficult for investors and industry players to make informed decisions.

“NISSRAMP comes as a breath of fresh air for investors, policymakers and industry operators who until now navigated a fragmented landscape with no unified repository of information.

“Before this initiative, stakeholders operated in the dark, there was no single source of truth regarding the availability, location, production capacity, or quality of raw materials across the country.

“Decision-making was often based on incomplete or outdated information, hindering investment and slowing industrial growth,’’ he said.

Ike-Muonso added that the platform goes beyond being just a storage system for data. Instead, it serves as a strategic tool that can support national development by providing real-time insights into raw material availability, production levels and locations.

“It provides real-time information on profiling, production capacity, location and availability,” he said.

He further explained that NISSRAMP would help government officials, researchers and investors make better decisions, identify business opportunities and develop policies based on accurate data. The system is designed to be user-friendly, scalable and well-integrated, with features covering pricing, value chain analysis, production capacity and information on fabricators.

Also speaking, Dr. Cypril Chinweyi, Deputy Director of Statistics and Data Analysis at RMRDC, highlighted the importance of collaboration and technology in national development. He revealed that the platform connects data from the Central Bank of Nigeria, the Nigerian Geological Survey Agency, the Nigeria Customs Service and more than 16 other institutions.

“By linking databases from the Central Bank of Nigeria, Nigerian Geological Survey Agency, the Customs and over 16 other institutions, NISSRAMP creates a holistic view of the raw material ecosystem.

“This dynamic approach replaces the old static methods, ensuring data is always current and compliant with global HS Codes and Nigerian raw material standards,” he said.

Chinweyi also pointed out that the platform would support government policies, especially the requirement for at least 30 per cent value addition to raw materials before export. This, he said, would help boost local processing, create jobs and retain more economic value within the country.

“It will help ensure compliance with the 30 per cent value addition requiremen0; this is crucial for retaining wealth within the economy and creating jobs,’’ he said.

He added that the platform is open to everyone, not just government agencies or large companies. It offers useful data for pricing, research and business planning.

“It is accessible, easy to use and promises to foster inclusive industrial growth,’’ he said.

Chinweyi concluded by noting that as Nigeria aims to strengthen its industrial sector, data-driven initiatives like NISSRAMP show that information is becoming as valuable as oil.

Meanwhile, the consultant behind the platform, Abidemi Adesina, explained that it was built using advanced data analytics and is open to further collaboration. He added that the system uses Artificial Intelligence to ensure security, reliability and future readiness.

“By turning information into actionable insight, the RMRDC has laid a solid foundation for a more transparent, efficient and prosperous future,” he said.

Tags: Abidemi AdesinaDr. Cypril ChinweyiNigerian Information Statistical System for Raw Materials and Products (NISSRAMP)Prof. Nnanyelugo Ike-MuonsoRaw Materials Research and Development Council (RMRDC)
Joy Ogbitse

Joy Ogbitse

Next Post

Ardova APM Deploys Smart Tech to Improve Ports

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Ethiopia’s Export Surge Signals Strategic Economic Shift

Ethiopia’s Export Surge Signals Strategic Economic Shift

3 months ago
NNPC’s Profit Oil Earnings Fall Short of Target Amid Questions Over Federation Remittances

Auditor-General Flags ₦12.7bn Missing Remittance, Renewing Scrutiny of NNPC’s Financial Governance

5 months ago

Popular News

  • Ardova APM Deploys Smart Tech to Improve Ports

    0 shares
    Share 0 Tweet 0
  • RMRDC Unveils Platform to Transform Raw Materials Information

    0 shares
    Share 0 Tweet 0
  • Eight Point Seven Million Learners Gain From UBEC Reforms

    0 shares
    Share 0 Tweet 0
  • APC Begins Primaries May 15, Pegs Presidential Nomination Form at N100m

    0 shares
    Share 0 Tweet 0
  • MRA Seeks Clarification on NBC Advisory to Broadcasters

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .