By Mohammed Mohammed
The Minister of Innovation, Science and Technology, Chief Uche Nnaji has reiterated that President Bola Ahmed Tinubu Administration is committed to solving Nigeria’s challenges through the deployment of innovation, science and technology.
Nnaji, made the disclosure while briefing the Press on the implementation of the Presidential Executive Order5 (EO5) recently at the Ministry’s Headquarters in Abuja.
According to the Minister, the Presidential Executive Order No. 5 is a visionary and transformative policy designed to drive innovation, promote science and technology, economic diversification, technological advancement of the nation and to promote domestic and foreign investments.
The Minister further stated that Nigeria is endowed with human and unexplored natural resources which made it stand out as the heart of Africa.
He expressed dissatisfaction that despite the country’s rich endowment in natural resources, youth unemployment remains a massive challenge as the country constantly export domestic jobs by importing products that can be produced locally.
In the same vein, the Minister stated that the Presidential Executive Order NO.5 seeks to boost local production and ensure that Nigerians rely less on importation of goods.
Presidential Executive Order No. 5 according to him, is committed to solving Nigeria’s problems through Innovation, Science and Technology thereby creating a conducive environment to nurture the innovative spirit of our youths and entrepreneurs.
He maintained that the Executive Order NO.5 will tackle the bottleneck mitigating against manufacturing sector in Nigeria, adding that improved power supply, locally fabricated machines, and local technologies if well harnessed will increase export and boost Gross Domestic Products (GDP).
Earlier, the Permanent Secretary of the Ministry, Mr. James Sule, said that the Ministry will continue to collaborate with other Ministries, Departments Agencies (MDAs) and the media towards ensuring effective implementation of the presidential Order
