Minister of Science and Technology, Ogbonnaya Onu, says intellectual property of inventors and innovators has to be protected to attract investors to Nigeria’s economy.

The minister said this today in Abuja when he received the President and board members of the Materials Science and Technology Society of Nigeria MSN in his office.

Onu hinted that the Federal Government had developed policies that would reposition Nigeria’s economy.

He said the policies were the national strategy for competitiveness in raw materials and products development, national leather and leather products policy, Executive Order 5 and methanol fuel policy technology.

According to him, the recently approved guidelines for implementing Executive Order 5 will propel Nigeria to emerge as a global economic giant.