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s.<\/p>\nBy Abdul-Ganiyy Akanbi <\/p>\n
The Federal Government has intensified efforts to transform scientific research in Nigeria into commercially viable products and enterprises, as stakeholders gathered in Abuja for a strategic meeting on the commercialization of research outcome
\ns.<\/p>\n
The meeting, convened by the Federal Ministry of Innovation, Science and Technology, brought together state Commissioners for Science, Technology and Innovation (STI), heads of agencies, and industry stakeholders to chart a roadmap for converting research findings into economic value.<\/p>\n
Delivering the keynote address, the Minister of Innovation, Science and Technology, Dr. Kingsley Tochukwu Udeh, said Nigeria must move beyond producing academic research to converting knowledge into products, services and businesses that can drive national development.<\/p>\n
He noted that despite significant investments in research and development across universities, polytechnics and research institutes, many innovations remain unused.<\/p>\n
\u201cToo 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,\u201d the minister said.<\/p>\n
According to him, countries that dominate the global economy are those that have mastered the commercialization of scientific discoveries.<\/p>\n
\u201cEconomic power today is defined not just by natural resources but by the ability to convert knowledge into value. Nigeria must bridge the gap between research outputs and market outcomes,\u201d he added.<\/p>\n
Dr. Udeh announced the establishment of a committee to develop a National Policy on Commercialization of Research and Development Results and Inventions, which will serve as a blueprint to coordinate efforts between federal and state governments.<\/p>\n
He stressed that state governments play a critical role in building innovation ecosystems, noting that industries, startups and research institutions operate largely at the sub-national level.<\/p>\n
\u201cInnovation ecosystems are built not only at the federal level but within states where industries operate, SMEs grow and local economies evolve,\u201d he said.<\/p>\n
The minister also called for innovative funding models to support research commercialization, including Public\u2013Private Partnerships (PPPs), venture capital investment, state-level innovation funds and industry-sponsored research programmes.<\/p>\n
\u201cPublic funding alone cannot drive this transformation. We must explore partnerships and create investor confidence through transparency, regulatory clarity and protection of intellectual property,\u201d he stated.<\/p>\n
Earlier in his welcome remarks, the Permanent Secretary of the ministry, Mr. Philip Ndiomu Ebiogeh, emphasized the need to convert research knowledge into economic value.<\/p>\n
\u201cNigeria 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,\u201d Ebiogeh said.<\/p>\n
He noted that state commissioners occupy a strategic position in bridging the gap between laboratory discoveries and industrial application because of their proximity to local innovation ecosystems.<\/p>\n
The Director-General of the National Board for Technology Incubation (NBTI), Dr. Kazeem Kolawole Raji, also highlighted ongoing initiatives to nurture young innovators, including the NextGen Innovation Challenge, which encourages Nigerian youths to develop business-driven innovations.<\/p>\n
Dr. Raji disclosed that the competition attracted about 3,000 innovative entries within three weeks last year, while over 1,000 applications have already been received for the 2026 edition.<\/p>\n
\u201cOur 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,\u201d he said.<\/p>\n
He added that the programme adopts a technology readiness level framework to assess innovations and eliminate bureaucratic bottlenecks that often hinder young innovators.<\/p>\n
Meanwhile, the Commissioner for Innovation, Science and Technology in Kogi State, Dr. Helen Adeniyi, commended the federal government for convening the meeting and pledged the state\u2019s continued collaboration.<\/p>\n
\u201cWe 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 commercialization,\u201d she said.<\/p>\n
The strategic meeting is expected to produce a national roadmap with timelines, responsibilities and measurable targets aimed at strengthening Nigeria\u2019s innovation ecosystem, boosting local manufacturing and creating sustainable jobs.<\/p>\n
Dr. Udeh urged stakeholders to ensure that the discussions translate into concrete actions.<\/p>\n
\u201cLet us move from potential to performance, from ideas to industry, and from research to revenue,\u201d the minister said.<\/p>\n","protected":false},"excerpt":{"rendered":"
By Abdul-Ganiyy Akanbi The Federal Government has intensified efforts to transform scientific research in Nigeria into commercially viable products and enterprises, as stakeholders gathered in Abuja for a strategic meeting on the commercialization of research outcome s. The meeting, convened by the Federal Ministry of Innovation, Science and Technology, brought together state Commissioners for Science, […]<\/p>\n","protected":false},"author":2,"featured_media":7277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2704,1391,5925],"class_list":["post-11547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-news","tag-academic","tag-producing","tag-research"],"_links":{"self":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/11547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/comments?post=11547"}],"version-history":[{"count":3,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/11547\/revisions"}],"predecessor-version":[{"id":11551,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/11547\/revisions\/11551"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/media\/7277"}],"wp:attachment":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/media?parent=11547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/categories?post=11547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/tags?post=11547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}