FG Awards N47m to 32 Innovators Across Nigeria 

Chief Uche Nnaji,Minister for Science, Technology and Innovation

The Federal Government has given N47 million in grants to 32 innovators from all six geopolitical zones of the country. The grants, ranging from N1 million to N5 million per person, were provided through the Presidential Standing Committee on Innovations and Inventions (PSCII) Programme. 

Supporting Nigerian Innovators 

The Ministry of Innovation, Science, and Technology announced this in a post on X (formerly known as Twitter). The goal of the PSCII programme is to support Nigerians, particularly those in the informal sector, who have promising technological ideas that can positively impact the country’s economy and society. 

Programme Impact Since 2005 

Chief Uche Nnaji, Minister of Innovation, Science, and Technology, explained that since the programme began in 2005, over 600 inventors and innovators across the country have received funding. The PSCII programme is designed to ensure that all assistance given to recipients follows clear guidelines and is a transparent process. Speaking at an event in Abuja, the minister, represented by the ministry’s Permanent Secretary, Esuabana Nko-Asanye, noted that efforts are being made to increase the programme’s budget. He also mentioned that the ministry is working with key organizations like the Tertiary Education Trust Fund, the Petroleum Technology Development Fund, and others, to lay the groundwork for technological breakthroughs in Nigeria. 

By fostering global competitiveness, the PSCII programme aims to create jobs, generate wealth, and improve the quality of life for all Nigerians.” – Chief Uche Nnaji, Minister of Innovation, Science, and Technology. 

Collaboration with the Private Sector 

Nnaji emphasized that the government is working closely with the private sector to drive technological advancement and economic growth. By boosting Nigeria’s global competitiveness, the PSCII programme aims to create jobs, reduce poverty, and improve the quality of life for all Nigerians. The minister encouraged grant recipients to make good use of the funds, contributing to Nigeria’s development by addressing unemployment and other economic challenges. 

In conclusion, the Federal Government’s ongoing support for innovators through the PSCII programme highlights its commitment to advancing technology and improving socio-economic conditions in Nigeria. By empowering innovators with grants and fostering collaboration between public and private sectors, the programme aims to create sustainable job opportunities, reduce poverty, and enhance the well-being of Nigerians. As recipients put these resources to work, they have the potential to drive the nation’s technological progress and contribute to a more prosperous future for all.