The Nigerian government has disbursed a grant of N45 million to local inventors and innovators in the country, according to the Director-General, National Board for Technology Incubation (NBTI), Mr. Mohammed Jubrin. The NBTI is an agency under Federal Ministry of Science and Technology.
Jubrin told the News Agency of Nigeria (NAN) in Abuja that the money was disbursed to inventors and entrepreneurs in 2017 by the Minister of Science and Technology, Mr. Ogbonnaya Onu to help foster a culture of technology based entrepreneurship.
According to Jubril, another N45 million had been appropriated this year for disbursement to other inventors and entrepreneurs. He said the NBTI will soon announce for inventors and innovators to apply for the grant. His words:
“The NBTI has been part of the presidential standing committee on inventions and innovation, which identifies innovators, inventors and other technocrats for grants.
“A committee had been set up with the aim of using industries for the development of Nigeria by harnessing all researches and development results and other innovative efforts for commercialisation.
“The Chairman of NBTI Board in his wisdom constituted a committee that would address stakeholders’ linkages and collaborations and strategic membership will be articulated so that we would strengthen that aspect.
“This will spur inventors to have more opportunities in NBTI, fortunately NBTI has been part of the presidential standing committee on inventions and innovations.
“This a committee that identifies inventors, innovators and other technocrats for grants from the Federal Government.”
Jubril said the board was committed to intensifying linkages and collaborations so that all inventors would have more opportunities in NBTI, saying that the board would lay more emphasis on commercialisation and community incubation.
“We have a strategic plan that we are following which is coming to an end this year. Already, a committee has been set up to develop the second strategic plan that will take up to the end of my tenure in 2022.
“We will pay more attention to the real commercialisation of research and development results so that we can have new emerging companies that originate from literary works and from knowledge sources.
“We will pay attention to community incubation, a situation where you have people fighting in Benue and Taraba because they don’t have anything to do despite they have the abundant raw materials around them.”