121 NIGERIAN INNOVATORS GETS N43.5M 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.

At the award ceremony today Tuesday 3rd July, 2018 in Abuja, the Minister of Science and Technology, Dr. Ogbonnya Onu encouraged the awardees to obtain patents as   a way of protecting their intellectual property.

 “If you have any problem in doing so, 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 Minister said. He further added that “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”

Dr. 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 great nation will become more self-reliant by reducing importation of goods and services from other countries.

Dr, Onu said that the grant Award Ceremony is very important in creating entrepreneurs, who in turn can create new jobs and businesses. This will also help promote economic growth and the diversification of our economy,”

Earlier in his welcome remark. The permanent Secretary, Mr. Bitru Bako  Nabasu said that the Presidential Standing Committee on Inventions and Innovations (PSCII) was inaugurated in 2005 by the then President of the Federal Republic of Nigeria to encourage and assist indigenous inventors and innovators that have uncommon ingenuity that could have positive impact on the Nigerian economy and Nigerians.

He added that the greatest economy of the world is largely driven by Science, Technology and Innovation as such Nigeria cannot be left behind.

The Chairman Senate Committee on Science and Technology, Prof. Robert Ayayi Boroffice said that innovation do not occur in the Universities and Institutions alone, adding that individuals that are endowed in the kitchen can come up with innovation that can revolutionize the world.

He wants the beneficiary to see the grant as a challenge to work harder and do more.

Edet E. Etuk

Assistant Chief Information

For DD (press)

3rd July, 2018

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