The chairman of the committee on National Research and Development Foundation (NRDF) executive bill, Professor Auwal Yadudu, said the proposed document in the bill contains massive innovative ideas that would propel the knowledge economy in Nigeria.
He stated this recently, in Abuja while presenting the executive draft bill to the Minister of Education, Adamu Adamu.
The legal luminary, who commended the executive secretary of Tertiary Education Trust Fund (TETFund), Professor Suleiman Elias Bogoro, for putting in place the committee and for his vision for R&D, said the country stands to reap bountifully when the bill is passed into law.
“This is a bill which seeks to establish a National Research and Development Foundation to institutionalise, mainstream and commercialise research and development; promote innovation and support enterprise development for job and wealth creation for knowledge driven economy. This is the key thing,” Professor Yadudu said.
While hailing Bogoro as the Senior Advocate of Research (SAR) for his unwavering commitment to fully enthrone a culture of cutting-edge research that collaborate with industries, Yadudu said the draft bill identified viable source of funding for the proposed National R&D Foundation as well as a robust autonomous governing structure.
Receiving the document on behalf of the education minister, Professor Bogoro said the draft executive bill when come into force would open a new chapter in the technological and industrial development of the country.
“A foundation has been laid for driving Nigeria’s knowledge economy appropriately. When people talk of knowledge economy, I always say not the knowledge but research driven deeper knowledge, that is what makes the difference,” he said