Technology Can Transform Economy – Onu

Technological advance
ment has been identified as a tool that could transform the country’s economic developmental strides.
The Minister of Science and Technology  Dr. Ogbonnaya Onu made the declaration while delivering a speech at the committee on Science and Technology General Assembly in Islamabad, Pakistan.
According to information released to The Tide, Onu noted that introduction of technology to Nigeria’s economic programmes would transform the economy for good.
He said Nigerians would soon celebrate  economic growth as the ministry was working astidiously to ensure  food security through  the application of technology.
Onu said, “technology implementation is a veritable instrument for diversification and  strengthening of Nigerian economy”,  adding, the transformation will ensure uninterrupted power supply, which will engender rapaid industrialization and the use of locally made goods and services.
He pointed out that the ministry had engaged in a transformation agenda that would enable the country play a more important  role in global matters, adding that it will boost the economy.”
He explained that the ministry was making concerted effort to close all technology gaps with a view of growing  a sustainable technological  development in the country.
He said, “in the past one year, the ministry  has intensified efforts in the commercialization of research findings by encouraging the protection of intellectual property through  patents, while it has strengthened the links among industries, universities and research institutes.”
The minister also stated that research and innovation works were ongoing in many areas,  including biotechnology, nanotechnology, renewable and efficient use of energy, stressing that other  areas include  protection and preservation of the environment, herbal and alternative  medicine  development, local  raw materials  utilization,