President Bola Ahmed Tinubu

Tinubu Approves Research Fund To Support Security, Economy

The Minister of Innovation, Science, and Technology, Uche Nnaji, has announced the establishment of a National Research and Innovation Council (NRIC) and the National Research Fund (NRF) to drive research and innovation across Nigeria.

Nnaji, during a high-level policy dialogue aimed at fortifying national research and innovation funding structures in Abuja, said the move would transform the security, economy, agriculture, infrastructure, and human capital sectors of the economy.

This, he noted, aligns with the presidentโ€™s directive on innovations and investment drive across critical sectors of the economy.

โ€œAllow me to convey President Tinubuโ€™s full support for these initiatives.ย ย 

โ€œHis administrationโ€™s eight-point agenda focused on security, economy, agriculture, infrastructure, human capital development, social welfare, rule of law, and foreign policy highlights the importance of a knowledge-driven economy.โ€ย 

The minister announced that President Tinubu has approved an inter-ministerial committee under the Vice Presidentโ€™s office to draft a Federal Executive Council memo for establishing the National Research Fund (NRF), with input from key ministries and stakeholders.

ย โ€œThis legislation is critical as it will formalize the councilโ€™s mandate and provide the legal foundation for sustainable funding,โ€ he said.

The Executive Director of the African Technology Policy Studies Network (ATPS), Professor Nicholas Ozor, urged the government to accelerate the establishment of the NRIC and NRF.

He said, โ€œA thriving research environment is key to national growth. The NRIC will help set national research and development priorities, promoting a collaborative approach to innovation and mobilizing funding for critical areas.ย ย 

โ€œThe NRF will ensure that sustainable resources are available for transformative research and technological advancement.โ€

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