Local technological innovators get N43m grant
The Presidential Standing Committee on Inventions and Innovations (PSCII) has awarded grant of N43,500,000, to 121 Nigerians in the informal sector who have distinguished themselves in creativity, inventiveness and innovations.
Presenting the grants, Dr. Ogbonnya Onu, Minister of Science and Technology, lauded the inventors for their intellectual prowess and charged the recipients to obtain patent for their inventions as a way of protecting their intellectual property.
“If you have any problem in getting patent for your inventions get back to us, one of the agencies under the supervision of the Ministry of Science and Technology, The National Office for Technology Acquisition and Promotion (NOTAP) can assist you.
“The Grant may not be all that you need to improve on your inventions and innovations but is an important recognition of your creativity, hard work and commitment to the realization of a dream that you have lived with for a long time.”
Recall that the federal government had last year released the sum of N70 million to selected innovators under the same PSCII scheme.
Onu said that by transforming ideas into either a product of services in the market place will help to create wealth for both the awardee and the nation, adding that “this is the only way that our nation will become more self-reliant by reducing importation of goods and services from other countries.