FG is working hard to find extrabudgetary resources for STI

The federal government has worked very hard in recent months to find extra-budgetary means to fund the development of science, technology and innovation (STI).

Minister of Science, Technology and Innovation, Dr. Ogbonnaya Onu said this when he inspected the venue for the STI 2022 exhibition on the theme: Supporting National Economic Growth through Science, technology and innovation.

The STI EXPO will be held from Monday March 14 to Friday March 18, 2022.

Onu explained that this year’s EXPO is focused on the commercialization of research carried out by inventors and innovators. He said the nation will have more resources and increased exports when research ideas are converted into products and services.

Speaking further, UN commended President Buhari for his insistence on at least 0.5% of the country’s GDP to be invested in the development of STI (Science, Technology and Innovation), adding that the effective use of STI will accelerate national development.

Some of the activities that will be highlighted at this year’s EXPO include; Launch of STI Television, Presentation of the Revised 2022 STI Policy, Award of Scholarship to Three High School Students who emerged as winners of the 2022 edition of the Presidential Young Nigerian Scientists Competition {YONSPA}.

Onu expressed with great confidence that this year’s EXPO will surpass all previous editions in terms of innovations, organization, increase in the number of registered participants and many relevant areas.

During the inspection of the facilities, the Minister expressed his optimism and confidence in the level of work accomplished and certified that the site was ready to host the EXPO.

UN said all Covid-19 protocols have been put in place by the organizers, to ensure minimal risk of infections among attendees and stakeholders.

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