Wednesday 22 May 2019

FG Reiterates Commitment To Setting Up Research, Innovation Devt Fund

The Federal Government has reiterated its commitment to setting up research and innovation development fund to promote scientific findings and research for national development.

Ogbonnaya Onu, Minister of Science and Technology, who stated this on Tuesday in the town hall meeting with the staff of the ministry and agencies under the supervision of the ministry, expressed optimism that once President Muhammadu Buhari assented to the National Council and Innovation Development Fund Bill, consolidated funds would be provided for research and innovation in Nigeria.

He described the Ministry of Science and Technology as the “brain box” of the present administration, assuring that with the setting up of the fund,



According to him, “It will not be too long from now this Ministry will be one of the best among other ministries in Nigeria.

“This ministry will have all the money that it needs to help the nation to have a great future. The National Council and Innovation Development Fund Bill has been passed by the National Assembly.

“Mr. President however has some points. He has not assented to it. It has been sent back to the National Assembly to correct.

“Someday, we are going to have research and innovation fund. We have been working very hard in the last three years to set it up.”





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