Practitioners and researchers in Science and Technology sector have advocated adequate funding for research institutes across the country, to boost commercialisation of the nation’s science and technology products.
The practitioners made the call at a breakout session on “Science and Technology as Key Drivers in Actualising the Economic Recovery and Growth Plan’’ at the on-going 23rd National Economic Summit (NES#23) on Wednesday in Abuja.
They observed that there were inadequate infrastructure, lack of incentives for investors and access of finance to boost science and technology in the country.
A researcher, Prof. Maurice Iwu, said that the adequate funding of the institutes would bring about findings that would attract foreign investment, encourage local production and drive the nation’s economic growth.
Iwu, a former INEC Chairman, emphasised the need for an inter-boundary organisation to facilitate and promote research products.
In her views, Dr Gloria Elemo, Director General of Federal Institute of Industrial Research, spoke on the need to strengthen local contents and research.
She also emphasised the need for a policy direction to stimulate commercialisation of the nation’s technological products.
Another practitioner in the sector, Mrs Osaretin Jaiyeola, called for the establishment of science innovation agency to enable the nation’s science sector to compete favourably with other developed countries.
Similarly, Dr Dan-Azumi Ibrahim, the Director- General of National Office for Technology Acquisition and Promotion (NOTAP), called for more commitment from the researchers.
He said there should be change of attitude among researchers so that the country could benefit from their wealth of knowledge.
The director-general, however, urged researchers and government at all levels to tap from the experience of Nigerians in the Diaspora, to improve the nation’s science and technology sector.
The NES#23, which started on Tuesday, is expected to end on Thursday with deliberations on sub-themes of Skills, Competencies and Capacity, and Economic Inclusion.
The theme of NES#23 is ”Opportunities, Productivity and Employment; Actualising the Economic Recovery and Growth Plan’’ .(NAN)