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Nigerian Mandate: Eco Capital, AGESI Boss Itua Unveils ‘FIPRE’ Doctrine at NSE Ibeju-Lekki

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The Ibeju-Lekki Branch of the Nigerian Society of Engineers (NSE) hosted a landmark Monthly General Meeting that is already being described as a defining moment for Nigeria’s infrastructure future.

Addressing a full hall at the Ibeju-Lekki Local Government Secretariat, Dr Eugene O. Itua, CEO of Natural Eco Capital and Executive Director of AGESI, delivered a transformative lecture on the new frontier of engineering leadership in national development. 

Hosted by Engr. At the session, Olufemi Dare, FNSE, Chairman of the Ibeju-Lekki Branch—widely known as the ‘Industrial Hub of the Nation’—introduced a bold doctrine: Engineering Beyond Function. 

Itua challenged the longstanding C³ Mindset (Contractor–Contract–Construction), arguing that it is inadequate for a nation grappling with a 20million housing deficit and trillions of naira lost annually to infrastructure decay.

In its place, he unveiled the FIPRE Framework, a proprietary engineering and economic model designed to shift the profession from delivering outputs to delivering sustainable outcomes. 

“Function is merely the starting point, not the finish line,” Itua stated. “Every challenge Nigeria faces today is, at its core, an engineering challenge. We must evolve from executors of tasks to economic architects of a resilient, climate-ready nation.” 

The FIPRE Doctrine—Function (technical excellence and operational reliability), Impact (Social and environmental value creation, aligned with the global ESG market now exceeding $35 trillion), Profit (lifecycle cost reduction and bankability, supported by the FIPRE Scorecard), Resilience (climateready design capable of withstanding 50-year ‘Black Swan’ events), Equity (distributional justice and inclusive development—ensuring infrastructure benefits all Nigerians)—was presented not as an additional burden on engineers, but as a new business model for national prosperity. 

The meeting doubled as a real-time diagnostic exercise. Interactive polling from the 40 participating professionals revealed urgent insights about the IbejuLekki corridor.

Among critical vulnerabilities, coastal erosion and flooding were identified as the most severe threats to road durability and community stability. 

Per the value gap, 100 per cent of participants rejected the idea that “function-only” engineering is sufficient for Nigeria’s future. 

In the case of barriers to progress, corruption, unethical practices, and bureaucratic bottlenecks were cited as the top obstacles to sustainable infrastructure delivery. 

Meanwhile, when considering readiness for change, 73 per cent expressed a willingness to pursue formal FIPRE Certification, signalling a nationwide appetite for professional retooling. 

In a closing ‘FIPRE Pledge’, Itua called for the institutionalisation of the framework through COREN, the NSE, and the Bureau of Public Procurement (BPP). He restated that Nigeria’s transformation must be engineered by Nigerians—equipped with the right tools, the right mindset, and the right governance standards. 

Through this engagement, the Ibeju-Lekki Branch has positioned itself as the vanguard of a new engineering era in West Africa, one in which sustainability, resilience, and equity define national progress. 

Abigail Adeniji
Abigail Adeniji
Abigail Adeniji is studying English with a solid background in education. She is known for her remarkable ability to spark curiosity and guide young learners, inspiring confidence, especially in reading, writing, and numeracy. When she isn’t studying or nurturing young minds, she can be found exploring new books, developing creative teaching ideas, or enjoying good music in her quiet moments.

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