FG to focus on the Commercialization of R & D Products for Economic Growth

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Coat of arms

Minister of Innovation, Science and Technology, Chief Uche Geoffrey Nnaji, said that President Ahmed Bola Tinubu’s administration is to focus on the commercialization of the country’s Research and Development outputs for the socio-economic growth of the nation.

Nnaji said this when he received the delegation from the Defence Research and Development Bureau, led by the Director- General Major Gen. Emmanuel Ndagi in his office today at Abuja.

According to Chief Nnaji, the Ministry has done so much in the area of research and development through its agencies, adding that collaboration will be the key to assess funding for quick and effective commercialization of our R&D Products.

He therefore called on the Organised Private Sector (OPS) to partner with the ministry in order 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).

Earlier, the Director-General of the Defence Research and Development Bureau, Major Gen. Emmanuel Ndagi said that the agency has the mandate to coordinate and sponsor research for the Armed forces institutions and innovative centres in the country.

He also said that the purpose of their visit is to strengthen the existing partnership between the agency and the Ministry in the area of using R&D output to transform the country’s economy from resource to knowledge based.

To this end, the Director- General disclosed that collaboration with the Ministry can also be extended to land, marine and aerospace to further boost national security.

Signed:

Atuora Obed O.
DD (Press & Public Relations)