Minister of State for Science, Technology and Innovation Mohammed Abdullahi has called for synergy between government, industry and academia to rejig the nation’s economy in the face of dwindling resources.
Abdullahi made the call while delivering the 2nd Eminent Persons Lecture Series of Igbinedion University, Okada.
The lecture was titled “How government-academia-industry linkages drive economic development in Nigeria”.
The minister said that diversification of the economy was imperative, noting that the Government-Academia-Industry GIA model started with a theoretical conceptualization based on the need to create synergy between the key stakeholders.
The synergy, he said, was to deposit and harvest the knowledge generated by the Knowledge Institutes KIs for the socio-economic development of the nation.
He explained that the Knowledge-Institutions-Universities inclusive were only able to source for 0.1 per cent of the funds used in conducting R&D in Nigeria as against the 46.0 per cent recorded in Uganda as reported in the ASTII R&D survey, 2007.
