Featured Finance

Onyeama Calls For Allocation Of 2% Of Nation’s GDP To Science, Research, Innovation

Geoffrey Onyeama, Minis­ter of Foreign Affairs, has advocated that two per­cent of the nation’s Gross Domestic Product (GDP) should be allocated to the development of sciences, research and innovation in the country.

 Speaking at the closing ceremony of the Technol­ogy and Innovation EXPO 2021 at the weekend in Abuja, Onyeama said de­veloped countries across the world have made sig­nificant investments in science, technology and innovation.

 It would be recalled that at the opening cere­mony of the event, Presi­dent Muhammadu Buhari represented by Vice Pres­ident Yemi Osinbajo, had pledged to allocate 0.5 per cent of the nation’s GDP to science and innovation.

Onyeama contended that no society can pros­per and grow without sci­ence and innovation, add­ing that Nigeria needs to invest more in research, innovation and provision of enabling environment.

Related posts

NLNG, LCCI Partner To Reduce Carbon Footprint And Start Bioenergy Industry

Abisola THOMPSON 

Family in distress over breadwinner’s disappearance

Our Reporter

Christmas gift: Sanwo-Olu frees 6 inmates, commuted 3 on death row to life

Meletus EZE 

FG’s four million free metering project stalls

Our Reporter

Stakeholders identify infrastructure development as key to building ditital economy

Shile GIWA

Enterpreneur tasks FG on effective policies to encourage SMEs

Editor