Science & Tech

Ikoh: Implementation of Executive Order NO.5 will Create 100m Jobs

…Reiterates FG’s commitment to encourage women develop keen interest in STI

By Dwelleth Morountodun

The Minister of State for Science Technology and Innovation (STI), Chief Henry Ikoh, has expressed optimism that the implementation of Executive Order No. 5 (EO5) will create 100 million jobs in the country.

According to him, the Order if assiduously implemented will boost indigenous technology in the country.t

NCC Ad

Ikoh, said federal government will continue to ensure that women and children develop keen interest in Science, research and Innovation programmes.

He said this during the North-east zonal dialogue between government and stakeholders in the Science Technology and Innovation ecosystem on the establishment and Implementation of the technology and innovation centres for global competiveness and productivity ononday in Bauchi state.

The Minister revealed that in line with Presidential Executive Order No.5, STI policy of 2022 and the Abuja declarations of FARI, researchers, inventors and innovators will be protected with the appropriate legal framework such as issuance of patent and other intellectual property rights. 

Ikoh, further said that the government will create a conducive and enabling environment for work, reward scientists and researchers for successful commercialization of research and innovation efforts, attract women and children into research and Innovation. Adding that this will improve the overall socio-economic fortunes of the country.

According to Ikoh: “We shall work tirelessly to remove all obstacles, close all gaps so as to encourage cooperation and collaboration among R&D institutions and OPS, ensure that there is cordial relationship among critical stakeholders within the STI ecosystem in the country.

This he added, will help reduce cost of production, guarantee stability in the supply chain, stabilize Forex crises and provide a solid foundation for irreversible industrialization that is inclusive and sustainable for national development, employment generation and creation of common wealth, for the good of all Nigerians.”

Speaking, the Governor of Bauchi state, Mr. Bala Mohammed, represented by the Deputy  Governor, Mr Baba Tela, said that the Executive Order No.5 when fully implemented will greatly reduce the crave for imported goods and have positive effect on the socio-economic development and growth of the  country.

The National  Coordinator, Strategy Implementation  Task Office for Presidential  Executive  Order No.5, Engr. Ibiam  Oguejiofor, enjoined  the participants to contribute  positively  to the dialogue, adding  that changing the narratives of Nigerian economy  from consumption  to production based is a task that must be achieved  collectively.

Signed: Josephine Ademu, For: DD (P&PR).

Related Posts

Mamora Hinged Nigeria’s Security, Socio-economic Development to STI

Extraordinaire News

FG Inaugurates C’ttees on National Policy on Welding, Pledges to Revive Steel Industry

Extraordinaire News

Halilu: Human Capital Development Critical for NASENI’s Delivery

Extraordinaire News

NNAJI: ONU’s PASSAGE, A PROFOUND LOSS TO NIGERIA, INNOVATION, SCIENCE TECH MINISTRY

Extraordinaire News

Dr. Imiyoho, First Female Nigerian Ascends NOTAP Leadership as Ibrahim Bows Out

Extraordinaire News

Rethinking Technical/Vocational Education as Solution to Nigeria’s Unemployment Crisis

Extraordinaire News

How FG Reduced Import Bill by N5.03trn in 3 Years- Onu

Extraordinaire News

Dr. Abiodun Egbetokun on Nigeria’s Industrial Development in Short, Long-Term Gains

Extraordinaire News

NASENI, Imo to Partner in Engineering, Infrastructure Development

Extraordinaire News

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.