The Managing Director of Ibom Power Company Limited, Engr. Meyen Etukudo, has been conferred a Fellow of the engineering profession for the 5th time as the Nigerian Institute of Electrical and Electronic Engineers (NIEEE) admitted him into its Fellowship at a conferment ceremony held in Abuja today.
The conferment ceremony was conducted by the National Chairman of NIEEE, Engr. Kings Olusegun Adeyemi who stated that Engr. Etukudo has joined the 178 engineers across the country who have been admitted into the institute’s highest professional level.
Engr. Adeyemi disclosed that only Engineers that have distinguished themselves in the engineering profession over decades are admitted as Fellows of NIEEE.
This is the 5th engineering fellowship award for Engr. Etukudo who has been conferred a Fellow of the Nigerian Society of Engineers (FNSE), Fellow, Nigerian Institute of Power Engineers (FNIPE), Fellow, Nigerian Association of Technologist in Engineering (FNATE), Fellow, Nigerian Institution of Safety Engineers (FNiSafety) and most recently, Fellow of the Nigerian Institute of Electrical and Electronic Engineers (FNIEEE).
Meanwhile, the keynote speaker at the conferment ceremony, Engr. Olu Ogunduyile has identified business friendly government policies along with collaboration and succession planning among engineering companies in Nigeria as critical to the development of Nigeria’s economy.
Engr. Ogunduyile who spoke on the topic “Contribution of professional bodies to the growth and development of the nation’s economy” said Nigeria’s economy is constantly under pressure because of the country’s over dependence on imports.
‘For the good of the engineering profession and the country at large, the Nigeiran Government needs to implement policies that will encourage local production and manufacturing, which will in turn create employment”.
He said succession planning and collaboration will ensure sustainability and longevity of Nigerian owned businesses noting that “many Nigerian companies have gone under because they try to go it alone”
“A company like Julius Berger has existed for decades because of good succession plan and collaboration while many Nigerian companies that started about the same time, folded up after the business owner died.
Engr. Ogunduyile faulted the Nigerian education system for laying emphasis on theories above practical and called for the implementation of Outcome Based Education (OBE) especially for students of engineering in tertiary institutions.
He said companies like Facebook, WhatsApp and other tech companies were created by university students who were exposed early to outcome-based education, which allowed the students put what they have learned to practice even while still in school.
The keynote speaker decried a situation whereby engineering graduates are posted to classrooms during the National Youth Service Corps (NYSC) stating that it is counterproductive because it does not allow engineers practice the things they learned in school.
He called for collaboration among the academia and industries in Research and Development to promote industrial growth.
Speaking on the need for government to support development of the manufacturing sector, Engr. Ogunduyile said government should support the Nigeria Industrial Development Bank (NIDB) to give loans to manufacturers at single digit interest rates with long term payment plans.
He said favourable interest rates will incentivise people to invest in production and manufacturing which will create jobs and by doing, improve the economy.
Engr. Ogunduyile however lauded the Council for the Regulation of Engineering in Nigeria (COREN) for measuring up to global standards stating that COREN certificate is recognized and accepted in about 36 countries.
He called for more collaboration between professional bodies and government for the development of the economy.