Invention and Industrialization Key to Stabilization of Nigerian Currency – Nnaji

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Invention and Industrialization Key to Stabilization of Nigerian Currency - Nnaji
Hon. Minister of Innovation, Science and Technology, Chief Uche Geoffrey Nnaji (7th left) Director, Technology Acquisition and Adaptation Depart. FMIST, Mr. Anpe Fut (6th left) National President, Association of Nigerian Inventors, Inventor Lawrence Nzenagu (7th right) Deputy Director, Press and Public Relations Unit FMIST, Mr. Atuora Obed (right) Deputy Director, Environmental Science and Technology Depart. FMIST, Mrs. Ayanda Medinat (left) and others in a group photograph during the courtesy visit by the Association of Nigerian Inventors to the Hon. Minister recently in Abuja.

The Minister of Innovation, Science and Technology, Chief Uche Geoffrey Nnaji has said that Invention and Industrialization is a great Path-Way to the stabilization of Nigerian Currency for greater development.

According to the Minister, Nigerian currency is depreciating due to over dependency on foreign goods and commodities, hence the need to invent and revive our moribund industries for economic recovery of the nation.

Chief Nnaji said this when the Association of Nigerian Inventors led by the National President, Mr. Lawrence Ezenagu paid him a courtesy visit in Abuja.

He further reiterated the commitment of President Bola Ahmed Tinubu’s Administration to create living legacies geared towards creation of jobs and poverty alleviation in the country.

To this end, Chief Nnaji said that the Ministry is ready to collaborate with the Association in driving the commercialization of research outputs and finished products for the socio-economic sustainability of the country.

Earlier, the National President of the Association, Mr. Lawrence Ezenagu said that the purpose of their coming is to solicit for the inclusion of the Association in the Presidential Standing Committees on inventions and innovations.

Ezenagu also appealed that the Association members should be empowered to enable them attend the annual inventors, innovators, fabricators and Artisans Expo in Abuja.

He then, sought for the support of the Ministry to enhance the creation of inventors bank necessary to address the needs   of inventors in driving the commercialization of the   finished products as well as innovations.

Signed:
Atuora Obed O.
DD(P&PR)