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Home Nigerian News

Nigeria to liaise with venture capitalists to boost scientific innovations

Nigerian Canadian Newspaper Canada by Nigerian Canadian Newspaper Canada
November 15, 2021
in Nigerian News
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Nigeria’s Minister of Science, Technology, and Innovation, Dr Ogbonnaya Onu, has said that the Federal Government has arranged plans to partner with venture capitalists and entrepreneurs to boost scientific innovations in the country.

According to a statement issued recently by the Head of Press, and Public Relations in the ministry, Josephine Adamu, made this known an event commemorating the 2021 World Science Day for Peace and Development in Lagos.

He said: “As a nation, we must change our orientation and pay more attention to science for rapid development of our country.

“By doing this, Nigeria  will become self-reliant and be respected by other nations all over the world.”

Onu stated that policies that are being developed at different stages of implementation to include the National Science, Technology and Innovation Plan 2017-2030, National Strategy for Competitiveness in Raw Materials and Products Development, Presidential Executive Order 5, Leather and Leather Products Policy, and Methanol Fuel Production Technology Policy, and others.

He said policies on nanotechnology, artificial intelligence, bioethics, and biotechnology would soon be presented to the Federal Executive Council (FEC) for approval.

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