Business
Experts Harp On Commercialisation Of Research Findings
Experts have urged the Federal Government and research institutes in the country to take advantage of indigenous Research and Development (R&D) outcomes for commercial purposes in 2013.
The experts, who made the call in an interview with newsmen in Abuja, said it was high time research results were taken off the shelves of research institutes and implemented for commercial purposes.
One of the experts, a cowpea breeder at the Institute for Agricultural Research, Ahmadu Bello University (ABU), Zaria, Prof Mohamed Faguji Ishaku, decried a situation whereby researchers worked hard to carry out researches only for the studies to be dumped on remote shelves.
Ishaku said there was need for government to put in place necessary polices that would encourage the implementation of the results of the research and make them commercially viable projects. · “You know government also funds these researches, but government has another responsibility to come up with polices that will make it easy for these technologies to be deployed because they are for the overall enhancement of the livelihood of our people and make the country richer.
“So, necessary policies must be not only generated but must be implemented to the letter so that these technologies are taken out of the shelves of research institutes and then put into money-making ventures.
“If these policies are not there, they may not allow the adoption of these technologies; and until and unless we look at our policies, review them and target them towards enhancing the adoption of our local technologies, we shall continue to have a gap.’’ He also called for the review of available research results to ensure that those with greater potentials were implemented.
“We need to re-examine the relevance of a number of things which may have a far-reaching effect on the adoption of technologies that could revolutionise the economy of our country. It has to be in a holistic way. “We have to come as a nation to holistically view the potentials of our different technologies and the inputs that require them to be deployed effectively.
“At the end of it all, we are going to reap bigger profits as a country and the well-being of our people will be improved much more than it is right now.’’ . Also speaking with newsmen, the Director-General, Nigerian Building and Road Research Institute (NBRRI), Prof Danladi
Matawal, said unless Nigeria took advantage of the results of its researches commercially, it would be difficult for the country to stop importing finished products. Matawal said the commercialisation of research results would create job opportunities and create wealth for the citizens.
He stressed the need for industries to support research activities in the country through the commercialisation of the outcomes of such research findings.
“You can only make headway through sponsorship of research, emphasies on science, technology and innovation. In some countries, policies are guided by science and technology.
“But in this country, you have to struggle to make yourself relevant. We must all try to pursue collaboration with industries aggressively, so that we can meet with industries and show them the results of our research and development. We also need investors to key into the research results for commercialisation.’’
Another researcher, Mr Adewale Solomon, also called for proper linkage between researchers and the end-users.
Solomon said the barriers to the commercialisation of such research findings existed because most of the stakeholders, especially the end-users, were not carried along in the course of the research.
He said while it was important to conduct researches, the researcher should endeavour to carry all the relevant stakeholders along while also ensuring that such research would attract the interest of investors.
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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