The Federal Ministry of Innovation, Science and Technology (FMIST) is about to collaborate with Babcock University in advancing the commercialisation of analysis outcomes and strengthening Nigeria’s innovation ecosystem as a part of efforts to drive industrial development and sustainable nationwide growth.
The Honourable Minister of Innovation, Science and Technology, Dr. Kingsley Tochukwu Udeh, SAN acknowledged this throughout a courtesy go to by the Vice Chancellor of Babcock University, Professor Afolarin Olutunde Ojewole, to the Ministry in Abuja.
Speaking in the course of the assembly, the Minister harassed that the commercialisation of analysis findings stays central to Nigeria’s technological development, financial diversification and world competitiveness. He referred to as for stronger collaboration amongst academia, business and authorities establishments to be certain that modern concepts and scientific breakthroughs are remodeled into market-ready merchandise and companies able to bettering the lives of Nigerians.
Dr. Udeh famous that the engagement displays a shared dedication to bridging the hole between educational analysis and industrial utility via the Ministry’s “Energise Commercialisation Now” (ECoN) initiative — a strategic framework designed to convert analysis outputs and modern concepts into viable enterprises and financial belongings that can contribute meaningfully to nationwide development and growth.
The Minister additional emphasised the necessity to construct a sturdy innovation-driven financial system anchored on entrepreneurship, expertise switch, capability constructing and strategic partnerships able to accelerating the event of Nigeria’s scientific and industrial ecosystem.
In his remarks, the Vice Chancellor of Babcock University, Professor Afolarin Olutunde Ojewole, reaffirmed the establishment’s dedication to producing not solely graduates, however innovators, entrepreneurs and resolution suppliers whose concepts and innovations can drive industrial growth and nationwide competitiveness.
He added that Babcock University stays devoted to excellence in analysis, entrepreneurship, innovation and expertise switch, whereas expressing the establishment’s readiness to companion with FMIST in advancing impactful analysis commercialisation initiatives for nationwide growth.
Pauline Sule (Mrs.)anipr
Head, Press and Public Relations Unit
Federal Ministry of Innovation, Science and Technology (FMIST)