Builders Bemoan Nigeria’s Low Investment In Technical Research

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Built environment experts have bemoaned the country’s low investment in technical research and development of machines and equipment for the country’s industries to operate optimally, saying it constitutes a major hindrance to the nation’s economic growth and general development.
They noted that there was a direct positive connection between investment in technical research and development and the level of economic growth, as technical innovation remains the driver of prosperity and sustainable development in nations across the world.
The Director, Research and Development, Lagos State Ministry of Works and Infrastructure, Mr. AbdulWahab Ogunbiyi, who spoke at a luncheon organised by the Nigerian Institution of Mechanical Engineers, NiMechE, in Lagos, with the theme: Technical Innovation, Research and Development, a Tool to Industrialisation and Economic Growth, noted that the country had people with skills to develop its industries but the operating environment had almost killed their knowledge and morale.
Ogunbiyi said the government should declare a state of emergency on technical research and development in all research centres, institutions, ministries, departments and agencies concerned in order to accelerate industrial and economic growth and reduce poverty in the country, insisting that the country was lagging behind in catching up with industrialised nations as it had the highest products rejection as exports.
According to him Nigeria is unable to compete favourably in the global knowledge-driven economy even within Africa and so, global funds could not be attracted to empower the citizens of the country to drive away poverty.
“The right kind of machines and plants can only come from technical innovation, research and development carried out by trained Nigerians to bring about new industries, products and services to generate new wealth from global funds, earned through non-oil goods and services produced,”he said.