Minister of Science, Technology and Innovation, Dr Ogbonnaya Onu, says Nigeria has recorded tremendous breakthrough in import reduction by cumulatively saving N5.03 trillion between 2017 and 2020.
The minister disclosed this at the closing ceremony of the 2022 STI Expo in Abuja, on Friday.
Onu said the figure was derived from the data generated by the United Nations Harmonised System Code and the National Bureau of Statistics (NBS).
He said, due to advancement in STI, the nation had become a home for start-ups, ”as technology had been transferred to many of the nation’s micro-, small- and medium-sized enterprises.”
Onu said, ”in the past six years, the country had made significant breakthrough in providing remedy to major diseases in form of drugs and medicine derived from our indigenous natural ingredients.”
He added that the country had made much progress in the development of new drugs, at different levels of certification, including clinical trials.
In the areas of agriculture and food security, Onu said that the nation’s efforts are highly commendable.
He added, ”through research and innovation, efforts are ongoing to provide food security, as well as agro-raw materials for industries.”
The minister said that Nigerian youths have been encouraged to actively participate in the STI sub-sector through studying Science, Technology, Engineering and Mathematics (STEM).
On gender balance and sensitivity, he said, “we embarked on gender-sensitive programmes to make STI inclusive.
”This is to improve the participation of girls and women in scientific research and innovation activities.”
Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator and a recipient of the D9112 Superstar Icon Award, who writes ruthlessly about pop culture, religion, politics and entertainment.
