Minister of Science and Technology, Dr. Ogbonaya Onu has said the federal government was set to introduce technology transfer initiative in 2016 that would encourage friendly countries with competency and capability in science and technology to come to Nigeria, invest and help develop local competencies.
He added that government would also ensure that enabling environment was created for such investors in other to have adequate returns for their investments and reap commensurate rewards for their efforts.
He revealed this while receiving the Ambassador of Spain to Nigeria, Alfonso Barnuejo Sabastin in the headquarters of the Ministry of Science and Technology in Abuja recently.
Onu said “Nigeria has a cordial and long standing relationship with Spain and therefore, invites Spain to take advantage of Nigeria’s plan to diversify its economy and the various opportunities this presents, in view of the vast and abundant non-oil mineral resources available in the country.”
However, he urged the ambassador to assist in establishing collaboration between research and development agencies under the ministry with their counterparts in Spain, as a means of strengthening their competencies and capabilities.
Meanwhile, the ambassador earlier expressed satisfaction with the long and excellent relationship between his country and Nigeria, based on trust, adding that his country is Nigeria’s second largest trading partner with an annual 6.2 billion Euros in favour of Nigeria.
He finally assured the minister that Spain was ready to play more prominent roles in the Nigerian economy, especially in the non-oil sector such as renewable energy, health, agriculture, leather, bio-technology, manufacturing amongst many others.


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