The federal government has said that the Nigerian Institute of Science Laboratory Technology (NISLT) will boost the quest for economic diversification of the present Administration, adding that Institute has performed well despite the challenges militating against it
The Minister of Science, Technology and Innovation (STI) Dr. Adeleke Olorunnimbe Mamora said this on Friday during his one -day working visit to NISLT office in Ibadan recently.
The minister emphasised that the nation cannot make any meaningful economic progress without investing in the Science Laboratory Technology Sector which is a major source of innovation in revenue generation, job creation and self-reliance.
Adeleke said that the “Institute has performed well despite financial constraint and other challenges militating against the desired progress of the organization,” adding that the government will improve the fund allocation of the Institute but charged it to prioritize its projects and programmes so as to save fund for implementation of the most important projects.
The minister was given the Honorary Award of the ‘Fellow of the Institute’ by the organization.
Earlier, the director general and the chief executive officer of the NISLT, Gbadegesin Y.H. said that the institute has various challenges, particularly poor funding.
He stressed that inadequate funding has jeopardized NISLT’s prompt desire to achieve its mandate and then called on the minister to assist in improving the budgetary allocation to the institute by the Federal Government.
