The Ministry of Science and Technology has got a new name. It is now the Ministry of Science, Technology and Innovation.
The new name was approved by President Muhammadu Buhari.
Ogbonna Onu, who is the minister, will hence be referred to as the Minister of Science, Technology and Innovation.
Onu said the name change is expected to bring about a shift in research and development that is industry and services’ demand-driven.
“This development will help us bring about a shift in Research and Development (R&D) that is industry and services’ demand-driven, resulting in rapid commercialization and ultimately improved global competitiveness ranking of Nigeria.
“When we succeed in achieving this, it will lead us to R &D breakthroughs and inventions that are commercialisable. With the right policy and legal framework to protect intellectual property rights, we can effectively promote commercialization in all activity sectors in the value chain for supply of raw materials, goods and services.”