Executive Vice Chairman/Chief Executive of National Agency for Science and Engineering Infrastructure (NASENI), Professor Mohammed Sani Haruna has reiterated that the only way to industrial and technological growth of the Nigerian economy is through research and development.
He said any investment by government which does not take into account these particular elements in subsequent plans and programs will make successive development agenda more or less an exercise in futility.
A press statement signed by the deputy director, Information, NASENI, Mr. Olusegun Ayeoyenikan, stated that although successive governments since independence were desirous of industrial economy and technological development, the elements of investments in research and development had been missing, hence the frustrations.
“Unless the government pays more attention, and funds research deliberately towards the industrial and technological sector, the economy will continue to develop at lower pace,” he said.
The EVC NASENI, however, commended the administration of President Muhammadu Buhari for its commitment to shore up the research and development sector towards redirecting the nation’s economy from over-dependence on importation by putting homegrown industrialisation on track.
