FG To Commercialize Research, Development Products For Economic Growth
Princess-Ekwi Ajide Abuja
The Federal Government of Nigeria says it will commercialize the country’s Research and Development outputs for the socio-economic growth of the country.
The Minister of Innovation, Science and Technology, Chief Uche Nnaji, stated this when he received a delegation from the Defence Research and Development Bureau, led by its Director General, Major General Emmanuel Ndagi in his office in Abuja.
Chief Nnaji, who noted that the President Bola Tinubu led administration is focused on the commercialisation of R and D products, said the Ministry has done so much in the area of research and development through its agencies, hence its collaboration is of great importance as it is the key to assess funding for quick and effective commercialization of the country’s R and D products.
On this backdrop, he called on the Organized private sector to partner with the ministry so as to commercialize research and development outputs into finished goods and services to reduce over dependence on importation and increase the country’s Gross Domestic Product, GDP.
The Director-General of the Defence Research and Development Bureau, Major General Ndagi, had earlier said that the agency has the mandate to coordinate and sponsor research for the Armed forces institutions and innovative centres in the country.
According to the Director General, the purpose of their visit was to strengthen the existing partnership between the agency and the Ministry in using R&D output to transform the country’s economy from resource to knowledge based.
A statement signed by Deputy Director, Press and Public Relations of the Ministry, Obed Atuora, had quoted the Major General Ndagi as saying that collaborating with the Ministry can also be extended to land, marine and aerospace to further boost national security.
