• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Saturday, May 2, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

Nigeria’s Innovation Chiefs Plot Path from Lab to Commercialization

Nathaniel Irobi by Nathaniel Irobi
March 5, 2026
in News
0
Nigeria’s Innovation Chiefs Plot Path from Lab to Commercialization
0
SHARES
8
VIEWS
FacebookTwitterWhatsappEmailTelegram

 

In a significant move to revolutionise Nigeria’s scientific landscape, the Federal Government is launching initiatives aimed at transforming research outcomes into commercially viable products and enterprises. This pivotal shift was the focal point of a strategic meeting held in Abuja, convened by the Federal Ministry of Innovation, Science and Technology. The gathering saw the convergence of state Commissioners for Science, Technology, and Innovation (STI), heads of agencies, and industry stakeholders, all united in their mission to develop a roadmap for the effective commercialisation of research findings.

RelatedPosts

Governor Buni Inaugurates N14 Billion Road in Katsina

UNESCO Launches World’s First Literacy Institute in Nigeria

Navy Imposes 13-Hour Curfew on Calabar Waterways

### A Call for Transformation

Delivering a compelling keynote address, Dr. Kingsley Tochukwu Udeh, Minister of Innovation, Science, and Technology, underscored the urgent need for Nigeria to evolve from merely producing academic research to converting knowledge into tangible products, services, and businesses that can propel national development. He lamented the fact that despite substantial investments in research and development across universities, polytechnics, and research institutes, numerous innovations remain untapped.

“Too many valuable research outputs remain on laboratory shelves, in technical reports, or in academic journals without translating into products, services, or enterprises that can transform lives,” Dr. Udeh remarked. He highlighted that nations excelling in the global economy are those adept at commercialising scientific discoveries, asserting that “economic power today is defined not just by natural resources but by the ability to convert knowledge into value.”

Bridging the Gap

The minister announced the formation of a committee tasked with developing a National Policy on Commercialisation of Research and Development Results and Inventions. This policy aims to serve as a comprehensive blueprint for coordinating efforts between federal and state governments, ensuring that research outputs effectively transition into market-ready solutions.

ALSO READ:  Appointments: Treat All Ethnic Nationalities With Fairly -Ijaw Group Tells Tinubu

Dr. Udeh emphasised the vital role of state governments in nurturing innovation ecosystems. He pointed out that industries, startups, and research institutions predominantly operate at the sub-national level, making it crucial for state-level initiatives to align with national objectives. “Innovation ecosystems are built not only at the federal level but within states where industries operate, SMEs grow, and local economies evolve,” he stated.

Innovative Funding Models

To facilitate this transformation, Dr. Udeh called for innovative funding models that support research commercialisation. He proposed exploring Public-Private Partnerships (PPPs), venture capital investments, state-level innovation funds, and industry-sponsored research programmes. “Public funding alone cannot drive this transformation. We must explore partnerships and create investor confidence through transparency, regulatory clarity, and protection of intellectual property,” he asserted.

A Strong Commitment

Earlier in the meeting, Mr. Philip Ndiomu Ebiogeh, Permanent Secretary of the ministry, echoed the urgent need to convert research knowledge into economic value. “Nigeria cannot afford to remain a nation where research findings gather dust on shelves. We must deliberately build systems that support patenting, prototyping, incubation, venture financing, and market access,” he urged. He underscored the strategic position of state commissioners in bridging the gap between laboratory discoveries and industrial applications, given their proximity to local innovation ecosystems.

Dr. Kazeem Kolawole Raji, Director-General of the National Board for Technology Incubation (NBTI), highlighted ongoing initiatives to foster young innovators. He introduced the NextGen Innovation Challenge, designed to encourage Nigerian youth to develop business-driven innovations. Dr. Raji revealed that the competition attracted approximately 3,000 innovative entries within three weeks last year, with over 1,000 applications already received for the 2026 edition.

ALSO READ:  Lagos Assembly directs staff to work remotely

“Our goal is to ensure that Nigerian youths become employers of labour. If each innovation creates jobs for 20 or 30 people, imagine the multiplier effect on employment and GDP,” he stated. Furthermore, the programme adopts a technology readiness level framework to assess innovations, effectively eliminating bureaucratic bottlenecks that often impede young innovators.

State-Level Engagement

Dr. Helen Adeniyi, Commissioner for Innovation, Science and Technology in Kogi State, lauded the federal government for convening the meeting and reaffirmed the state’s commitment to collaboration. “We have the human capability, the political will, and the natural resources to leverage innovation. Kogi State will continue to work with the federal ministry to support initiatives that promote research commercialisation,” she stated.

A Roadmap for the Future

The strategic meeting is anticipated to yield a national roadmap complete with timelines, responsibilities, and measurable targets aimed at fortifying Nigeria’s innovation ecosystem, boosting local manufacturing, and creating sustainable job opportunities. Dr. Udeh urged all stakeholders to ensure that the discussions culminate in concrete actions.

“Let us move from potential to performance, from ideas to industry, and from research to revenue,” he concluded, setting a vibrant tone for the future of Nigeria’s scientific research landscape.

Conclusion

As Nigeria embarks on this ambitious journey towards the commercialisation of scientific research, the collaborative efforts of government, industry, and academia will be paramount. By harnessing the nation’s intellectual resources and fostering an environment conducive to innovation, Nigeria has the potential to transition from a research-centric economy to a powerhouse of technological and commercial advancement. The time for action is now, and the stakes are high—ensuring that Nigeria not only participates in the global economy but thrives within it.

ALSO READ:  NIS Leaves Border Open as Lagos Residents Choose LG Chairs, Councillors
Tags: Innovation
Previous Post

Zamfara APC Commends Yazid Shehu Danfulani’s MD NAIC for Spending Over N300m Ramadan Food Relief

Next Post

Taraba Governor Urges Reliance on God Amid Global Storms

Nathaniel Irobi

Nathaniel Irobi

Related Posts

Governor Buni Inaugurates N14 Billion Road in Katsina

Governor Buni Inaugurates N14 Billion Road in Katsina

by Nathaniel Irobi
May 2, 2026
0

Governor Mai Mala-Buni of Yobe State on Friday inaugurated the reconstructed and upgraded 39-kilometre Shargalle–Dutsi–Ingawa Road in Katsina State, a...

UNESCO Launches World’s First Literacy Institute in Nigeria

UNESCO Launches World’s First Literacy Institute in Nigeria

by Nathaniel Irobi
May 2, 2026
0

The United Nations Educational, Scientific and Cultural Organisation (UNESCO), in collaboration with the Federal Government, has inaugurated the world's first...

Navy Imposes 13-Hour Curfew on Calabar Waterways

Navy Imposes 13-Hour Curfew on Calabar Waterways

by Nathaniel Irobi
May 2, 2026
0

The Nigerian Navy has imposed a 13-hour curfew on all maritime activities along the Calabar waterways in a decisive move...

Next Post
Taraba Governor Urges Reliance on God Amid Global Storms

Taraba Governor Urges Reliance on God Amid Global Storms

State Police: A Recipe for Disaster, Not a Solution to Insecurity

State Police: A Recipe for Disaster, Not a Solution to Insecurity

Recommended

Abuja Scavenger in Court Over N80,000 Solar Panel Theft

Abuja Scavenger in Court Over N80,000 Solar Panel Theft

2 days ago
Danjuma Hails Takum Market Project After Site Inspection

Danjuma Hails Takum Market Project After Site Inspection

3 days ago

Popular News

  • Movement For Better Taraba Endorses Danji SS for Governor, Calls for APGA Support

    Movement For Better Taraba Endorses Danji SS for Governor, Calls for APGA Support

    0 shares
    Share 0 Tweet 0
  • Urban Smart Farming Initiative Targets 10 Million Yams for Nigeria

    0 shares
    Share 0 Tweet 0
  • The Political Imprint Of Dr. Hadiza Balarabe On Sanga Politics

    0 shares
    Share 0 Tweet 0
  • Arewa youths demand immortalisation of late Sharia court registrar Musa

    0 shares
    Share 0 Tweet 0
  • FG Names 48 Terror Financiers – Including IPOB, Ekpa, Mamu

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (832)
  • Education (273)
  • Entertainment (385)
  • Health (247)
  • National (3,294)
  • News (10,230)
  • Opinion (434)
  • Politics (2,098)
  • Science (15)
  • Security (420)
  • Sports (706)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform