The President Buhari-led Federal government has reiterated his plan to actualize its quest to uplift 100 million Nigerians out of poverty in the next 10 years.
This was disclosed by the Minister of Science and Technology, Dr. Ogbonnaya Onu, in Abuja where he said his ministry is working towards achieving this goal.
Dr. Onu, while Inaugurating a Technical Committee for boosting commercialisation of the ministry’s research products to fast track the actualisation of Nigeria’s dream of becoming a self reliant nation, said the benefits of research could only be harvested when it is fully commercialized.
He added that the ministry will collaborate with the organised private sector in order to achieve that.
The minister also said that the Ministry would strive hard to use its research outputs as catalyst for realising government’s plans of lifting 100 million Nigerians out of poverty.
He said that research products from the 17 agencies under the ministry covered all sectors of the economy and that the ministry was well positioned to turn around the economy.
According to him, the commercialisation of research outputs is important for economic growth as more goods will be indigenously produced.
He added that part of the expected benefits of research outputs included food sufficiency and surplus for exports, leading to significant reduction in import from other countries.
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