The Minister of Science and Technology, Dr. Ogbonnaya Onu has called for the diversification of the Nigerian economy from oil to the science and technology sector.
Speaking on Thursday during a meeting with former ministers of Science and Technology in his office, Onu warned that the present state of the economy may not be able to withstand the shock of the declining crude oil prices.
Assuring that the Buhari administration will make science and technology the cornerstone for the nation’s development, he urged the Federal Government to improve the budgetary allocation to the sector
On their part, the former ministers unanimously agreed that if properly explored, science and technology will become the nation’s inexhaustible oil for the future, the cornerstone of development and wealth creation and undoubtedly create jobs in an unprecedented manner for teeming youths in the country.
They enjoined the minister whom they described as a “round peg in a round hole” to use his wealth of experience to change the fortune of the ministry by engendering the needed attention from government and the undeserved perception from members of the public about the critical role science and technology play in national development.
They commended Dr. Onu for the initiative which they described as first of its kind in the annals of the ministry.
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