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Innovation critical to economic growth, FG insists 

By Sodiq Omolaoye, Abuja
30 January 2022   |   4:00 am
The Federal Government has insisted that the nation’s economy must move from being commodity-dependent to an innovation-driven on for sustainable development to be manifest.

The Federal Government has insisted that the nation’s economy must move from being commodity-dependent to an innovation-driven on for sustainable development to be manifest. 
  
The Minister of Science, Technology and Innovation, Ogbonnaya Onu, who spoke at the validation workshop on the draft revised 2022 National Science, Technology and Innovation (STI) policy, in Abuja said: “Our professionals, contractors and manufacturers are given preference in procurement by the Federal Government. Gradually many Nigerians are now buying made in Nigeria products. Our economy is now diversified, and we are all working hard to deepen the diversification. Nigeria is changing in a positive way. Good things are happening in Nigeria.”
  
On the STI policy review, Onu noted that it should be constantly updated to accommodate new technological changes for today and the future, as according to him, the STI policy gives direction to every area of national life, which includes, human capital development, agriculture, industrial growth, women and youth empowerment, job creation, national security etc.
    
Earlier Prof. Willie Siyanbola, who delivered the policy review and overview, said that the focus of the policy was to develop and utilise STI to build a large, strong, diversified, sustainable and competitive economy that guarantees top quality of life to Nigerians.

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