The Minister of Science, Technology, and Innovation, UCHE NNAJI has said a careful implementation of the Presidential Executive Order No. 5 will catalyse the country’s economic diversification.
According to him, the policy will also ensure technological advancement, promotion of domestic and foreign investments, and reduce dependence on foreign goods and the strain on the Naira.
On its implementation, the minister explained that Nigeria is rich in human and largely unexplored natural resources, saying that the predominantly youthful population is not only the largest in Africa but also ranks among the largest globally.
The minister further explained that the order also seeks to closely monitor and promote the capacity of Nigerian professionals and contractors in Science, Engineering, and Technological programs to compete with their counterparts globally.