Finance

How Nigeria can develop sophisticated technologies – Minister

The Minister of State for Science and Technology, Alhaji Mohammed Abdullahi, has said that the strides the ministry had made as a result of the National Leather Products Policy was helping to boost the country’s economy.

According to him, through leather and textile, Nigeria would be able to develop more sophisticated technologies.

The minister made this known at a lecture he delivered to young entrepreneurs and company executives on Sunday in Lagos at the First Immaculate Heart Comprehensive High School.

Read:  Senate approves $1.5bn, €995m external loans for FG

The lecture was entitled “Technology, As A Key Driver To Nation Building: Opportunities and Collaborations.

The minister, in the lecture, said the coronavirus pandemic is a wake-up call for nations to collaborate effectively on science and technology for wealth creation.

He also said synergy among nations was necessary to forge public trust in the area of science and technology through knowledge sharing, urging developing countries to “prioritise Science, Technology and Innovation (STI) in their scheme of things“.

Read:  CBN, payment system operators move to fast-track e-Naira usage

“Today, countries are classified as developed and developed based on economic index and the application of STI,’’ he said.

Abdullahi said that countries which have strong science and technology were the ones that developed faster.

He said that innovation had also become a key driver of economic, industrial development and technology advancement of any nation.

“The success of any nation is achieved through the effectiveness of the National Innovation System (NIS),” he said.

According to the minister, Nigeria has adopted the STI Roadmap 2017-2030 which embraces nanotechnology, space technology, engineering, chemical technology, biotechnology, leather technology, among others.

Read:  African Alliance lists benefits of business continuity

He hinted that the ministry planned to establish National Science and Technology Museum, where historic scientific, technological, artistic and cultural objects, would be displayed for hands-on exhibition.

“Visitors will have the opportunity to touch, dismantle and reassemble items on display.

“It would also afford children hands-on experience of different scientific processes”, Abdullahi said.

Pmnews

Related posts

Custodian Investment reports 14% revenue growth

NigGal

ISACA Harps on engaging professionals, honours legends at 2022 Awards

NigGal

Transcorp Hotels records 84% revenue growth

NigGal

CBN sets Dec 1, 2023 for banks to comply with cyber security framework

NigGal

Ecobank named ‘SME Bank of the year’

NigGal

Buhari pours cold water on Emefiele’s traducers welcomes CBN Gov back from leave

NigGal

Leave a Comment