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FG Push For Economic Diversification Through Science, Technology, Innovation

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The director-general, Sheda Science and Technology Complex, Prof. Paul Onyenekwe (second from right), representative of the Minister of Innovation, Science and Technology, Prof. Nnanyelugo Muonso, the chief executive officer, Across Atlantic Development, UK Dr. David Apollus and others during the book launch in Abuja

The Minister of Innovation, Science and Technology, Dr. Uche Nnaji has revealed that the Federal Government’s commitment to diversify Nigeria’s economy hinges on the application of science, technology and innovation (STI).

These tools, he said, will play a crucial role in transitioning the country from a resource-based economy to a knowledge-based one.

Represented by his technical adviser on strategy and programmes, Prof. Nnonyelugo Ike-Muonso the minister spoke during the kick-off conference for the development of the science and technology park and the museum project in Abuja.

Globally, science and technology parks are known to be transformative for economies. Nnaji explained that these parks enhance industrial competitiveness, provide hubs for research and innovation, nurture talents, and support technological startups, all of which contribute to wealth creation and poverty alleviation.

The minister emphasised that President Bola Tinubu’s renewed hope agenda underscores the paramount importance of STI as a means to achieve national objectives. To facilitate this, the ministry is dedicated to implementing the National Science, Technology and Innovation Roadmap (NSTIR) 2030. This plan aims to consolidate previous and present national initiatives while positioning STI as a significant driver of sustainable economic development.

He also mentioned that the revised STI policy of 2022 mandates the ministry to foster collaboration among Federal and State government agencies to promote the application of science, technology and innovation across various sectors of the economy.

The Minister of the Federal Capital Territory, Nyesom Wike conveyed his support for the development of the science and technology park. He highlighted that this endeavour marks the first step toward a brighter and more innovative technological future. The science and technology park represents an ambitious undertaking that will accelerate innovation and research, uniting the brightest minds in STI.

Chairman of the House Committee on Science, Innovation and Technology, Hon. Musa Bagos emphasised the importance of effective leadership in driving technology and innovation for national development.

The CEO of Across Atlantic Development UK (Africa Silicon Valley), Dr. David Appolus shared the organisation’s vision of creating a just and sustainable world where everyone can lead prosperous lives within the earth’s natural resources. They aim to achieve this through science, innovation and STEM (science, technology, engineering and mathematics), transcending boundaries to measure growth and prosperity.

Appolus also highlighted the organisation’s commitment to expanding youth empowerment and the science park’s role in transforming innovative ideas into reality.

In line with the ministry’s determination to leverage STI for economic diversification and growth, the Federal Government is taking significant steps towards embracing science and technology as the catalyst for a more prosperous and sustainable future.

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