The Raw Materials Research and Development Council, RMRDC yesterday, unveiled the pilot phase of the Nigerian Information Statistical Systems for Raw Materials Integrated Raw Materials, known as NISSRAMP.
The upgraded platform was created to address longstanding data gaps across the raw materials value chain.
Speaking at the unveiling in Abuja on Tuesday, Nnanyelugo Ike-Muonso, director-general and chief executive officer, RMRDC, said the platform is built to provide a single access point for critical industry data that has historically been fragmented across multiple agencies.
He said weak and inconsistent data has been a major factor behind policy failures and poor investment outcomes in the sector.
“NISSRAMP aggregates information on production volumes, locations of raw materials, pricing, capacity utilisation, trade flows and industrial usage.
This allows manufacturers and investors to make informed decisions without navigating separate government institutions” he said.
The director general said the system is structured around internationally recognised Harmonised System codes, aligning Nigeria’s raw materials data with global trade standards and improving comparability for investors.
For manufacturers, the platform is expected to reduce the cost and time involved in sourcing reliable data.
Industry players can access real-time insights on commodity prices, availability and processing capacity directly from their desks.
In his presentation, Olaniter Bidele Adeshina, technical lead on the project, said the platform includes analytics and artificial intelligence capabilities that provide predictive insights on market trends and industrial activity.
He said users can track trade flows, monitor demand patterns and identify investment opportunities across different raw materials.
The system also integrates data from key government institutions including the Central Bank, Nigerian Geological Survey, National Space Research and Development Agency, customs and the National Bureau of Statistics.
This interoperability is expected to improve data accuracy and create a more transparent environment for investment.
The director-general of the council, described NISSRAMP as a second-generation upgrade of the agency’s database, designed to support industrialization and manufacturing growth.
He said the platform will also support implementation of Nigeria’s policy requiring at least 30 percent value addition before raw material exports.
According to him, improved data visibility will make it easier to track production activities, support compliance and reduce illicit financial flows linked to raw materials.
The council also expects the system to contribute to curbing illegal mining by providing clearer information on mineral deposits and production locations.
Beyond mining, NISSRAMP captures data on agricultural raw materials and industrial waste, opening opportunities for recycling and circular economy investments.
However, officials noted that the platform is still evolving and cannot yet fully quantify the total value of Nigeria’s raw materials sector.
They said future upgrades will expand its capabilities as more datasets are integrated.
The platform has been launched in pilot phase, with stakeholders encouraged to provide feedback to improve its performance.
For manufacturers and investors, NISSRAMP signals a shift toward data driven decision making, with potential to reduce risk, attract capital and strengthen Nigeria’s industrial base.
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp
