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Reps move to establish National Research Fund

The House of Representatives has begun moves to establish a National Research and Innovation Development Fund to address funding gaps and promote innovatio Read More: https://punchng.com/reps-move-to-establish-national-research-fund/

Reps move to establish National Research Fund

The House of Representatives in Nigeria is taking steps to establish a National Research and Innovation Development Fund, addressing funding gaps and promoting commercialization of indigenous innovations. The proposed legislation, introduced on Thursday, also aims to create a National Council on Research and Innovation to coordinate research activities and transform findings into marketable products and services.

Speaker of the House, Tajudeen Abbas, emphasized that Nigeria cannot rely solely on imported technologies and stressed the need to leverage the country's pool of talented researchers, innovative young people, and skilled entrepreneurs. Abbas noted that current research efforts often result in academic publications but fail to attract funding and progress beyond the laboratory.

The public hearing, organized by the House Committee on Science and Technology, aimed to scrutinize the proposed legislation and ensure it effectively addresses Nigeria's research and innovation challenges.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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