Nigeria to export indigenous technologies – Minister

The Federal Ministry of Science and Technology has signed a Memorandum of Understanding MoU with three international companies as part of its commitment to export indigenous technologies and sell Nigerian foods across the world.

Speaking at the signing ceremony in Abuja, the Minister of Science and Technology, Dr. Ogbonnya Onu said that the Ministry is leading Nigeria in an irreversible journey to guarantee industrialization and sustainable economic growth.

He noted that the commercialization of indigenous technologies will create jobs, generate wealth and conserved foreign exchange. According to the minister it would also enhance GDP through the productive sector of the economy.

“We want, not only to rely with what we can do in our nation, to minimize the importation of things we can produce but we want the world to know more about Nigeria. We want the world to know about the food that we eat here that our food is very nutritional .we want our food to compete with all the very best in all the continents in the world, ” he said.

Earlier, the Director-General of the Federal Institute of Industrial Research, Professor Gloria Elemo said that the commercialization of indigenous research and development results is the main strategy of the Federal Government to bail the nation out of the economy recession and sustain the economy on the path of growth.