The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria LNG Limited (NLNG) have pledged a total of US$9 million to endow professorial research chairs at six Nigerian universities under the Nigerian Content Research and Development (NC‑R&D) Professorial Chair Endowment Programme.
Under the programme, each of the six institutions will receive US$1.5 million to establish a specialised professorial chair. The funding is intended to support research that aligns with industry‑identified priorities, fostering collaboration between academia and the oil and gas sector.
The NC‑R&D Professorial Chair Endowment Programme aims to create dedicated academic positions that focus on agreed research themes, thereby enhancing Nigeria’s capacity for indigenous technological development and innovation.
While the specific universities have not been named in the announcement, the allocation of US$1.5 million per institution reflects a coordinated effort to strengthen research infrastructure across the country’s higher‑education system.
By linking substantial private‑sector investment with academic expertise, the initiative seeks to accelerate knowledge creation and skill development that can support Nigeria’s broader economic diversification goals.
<small>Source: Premium Times Nigeria — read the original story there.</small>
