The Federal Government has provided N24 million grants to 16
Nigerian inventors and innovators to enable them upgrade their
scientific products and commercialise them.
Speaking at the presentation of cheques to the beneficiaries of the 2013 Presidential Standing Committee on Inventions and Innovations (PSCII) Grants in Abuja, the Supervising Minister of Science and Technology, Omobola Johnson, said the goal of the PSCII was to “provide a solid foundation for a technological breakthrough in Nigeria.”
Johnson explained that the desire to encourage Nigerians, particularly those in the informal sector of the economy that have outstanding indigenous technologies based on their inventions and innovations that could have positive impact on Nigerians and the economy, necessitated the establishment of PSCII in 2005.
She also disclosed that concerted efforts were on-going to scale-up the Federal Government’s funding or grants on inventions and innovations, adding that the ministry’s collaborations with Education Trust Fund (ETF), Petroleum Technology Development Fund (PTDF) and National Universities Commission (NUC), among others, have reached advanced stage in this regard.
To this end, the minister urged the beneficiaries of the grants to make judicious use of the money to reduce youth unemployment as well as assist the country to attain accelerated industrialisation for the benefit of all.
Earlier, the Permanent Secretary in the Federal Ministry of Science and Technology, Rabi Jimeta, observed that the greatest economies in the world today are driven by science, technology and innovations.
Speaking at the presentation of cheques to the beneficiaries of the 2013 Presidential Standing Committee on Inventions and Innovations (PSCII) Grants in Abuja, the Supervising Minister of Science and Technology, Omobola Johnson, said the goal of the PSCII was to “provide a solid foundation for a technological breakthrough in Nigeria.”
Johnson explained that the desire to encourage Nigerians, particularly those in the informal sector of the economy that have outstanding indigenous technologies based on their inventions and innovations that could have positive impact on Nigerians and the economy, necessitated the establishment of PSCII in 2005.
She also disclosed that concerted efforts were on-going to scale-up the Federal Government’s funding or grants on inventions and innovations, adding that the ministry’s collaborations with Education Trust Fund (ETF), Petroleum Technology Development Fund (PTDF) and National Universities Commission (NUC), among others, have reached advanced stage in this regard.
To this end, the minister urged the beneficiaries of the grants to make judicious use of the money to reduce youth unemployment as well as assist the country to attain accelerated industrialisation for the benefit of all.
Earlier, the Permanent Secretary in the Federal Ministry of Science and Technology, Rabi Jimeta, observed that the greatest economies in the world today are driven by science, technology and innovations.
Comments
Post a Comment