Home Uncategorized Barth Nnaji Urges FG to Create Innovation Funds, Tech Parks to Boost Engineering Development
Uncategorized

Barth Nnaji Urges FG to Create Innovation Funds, Tech Parks to Boost Engineering Development

Share
Share

Former Minister of Power, Professor Barth Nnaji, has called on the Federal Government to establish innovation funds and technology parks to enable engineers, scientists, and entrepreneurs to collaborate on homegrown solutions to Nigeria’s development challenges.

Speaking in Abuja on Tuesday at the opening ceremony of the 33rd Council for the Regulation of Engineering in Nigeria (COREN) Engineering Assembly, where he served as chairman, Nnaji stressed the need for targeted investments in innovation to drive inclusive growth and sustainable development.

“Creating dedicated innovation funds and tech parks will enable Nigerian engineers and entrepreneurs to build solutions tailored to our local context,” he said.

Nnaji also urged the government to enact and enforce forward-thinking policies that support research and development, protect intellectual property, and streamline regulatory processes. According to him, such policies are essential to promote innovation and accelerate national progress through engineering.

Highlighting the importance of a thriving engineering ecosystem, the former minister called for the creation of an enabling environment that would allow engineering enterprises to flourish.

Nnaji, a professor of mechanical engineering and founder of Geometric Power Limited, further advocated for a transparent public-private partnership (PPP) framework to leverage private sector expertise and financing for large-scale infrastructure delivery.

“Through PPPs, government can harness private engineering capacity and capital, ensuring faster project completion and greater accountability,” he noted.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Uncategorized

Ogah Encourages Super Eagles despite setbacks, Backs them for Bronze Match

Former Minister for Mines & Steel Dr Uche Ogah has praised the...

Uncategorized

Mascot Uzo Kalu Applauds Super Eagles’ Courage Despite AFCON Semi Final Exit

Chief Mascot Uzo Kalu, Abia 2027 governorship aspirant, has hailed the Super...

Uncategorized

Portable Remanded as Court Hears Assault and Theft Allegations in Ogun

Controversial Nigerian singer Portable, real name Habeeb Okikiola, has been remanded in...

Uncategorized

BBC moves to throw out $10bn Trump lawsuit over Capitol riot documentary

The British Broadcasting Corporation (BBC) has asked a United States federal court...