Technologists at the Federal Government owned Sheda Science and Technology (SHETSCO), Abuja has developed a speed limiting device, ahead of the deployment of the system by the Federal Road Safety Corps.
Making the presentation in Abuja during a meeting between the Nigerian Society of Enginneers and the Minister of Science and Technology, Dr Ogbonnaya Onu, the SHETSCO team leader, said the device one of the best in the world.
Dr. Olayinka Babalola said the device which cost about N34,000 to produce using compnents sourced at retail price would be cheaper when mass produced.
He said the device has data storage of 4GB and could record for about three months of daily use.
Earlier, the President of the Nigerian Society of Engineers, Professor Otis Anyaeji, noted that production of the device locally is one way to create job and wealth and that it has been established that the cost of importation of a single commodity in a year is enough to set up a factory in that particular area and such factory has a life span of 25 -30 years.
He called on the government to involve Nigerian engineers in the execution of major infrastructural projects as there are enough capacity in country.
He urged to look carefully at the numerous loans it is taking from the Chinese government as many of them are badly negotiated because it allows Chinese firms to bring in things that could be locally sourced in-country.
In his remarks, Dr. Onu commended the Society of Engineers for the enormous contributions, they have made in nation building.
He reiterated the benefit of speed limiting device and noted that shortly after he assumed duty, he mandated SHETSCO to develop a speed limit device that is efficient and effective, portable and cost effective.
This, he said was the same challenge he put before all the other agencies under the ministry and that he is delighted to note once again, that three of the innovation and inventions from the ministry are already in the market place.