President Bola Tinubu on Tuesday transmitted the National Research and Development Fund (Establishment) Bill, 2026, to the Senate for consideration and passage into law.
The proposed legislation seeks to consolidate fragmented research and development funding across Ministries, Departments and Agencies into a central fund through which research institutions and academic bodies can access financing.
The letter transmitting the Bill was read by the President of the Senate, Senator Godswill Akpabio, during plenary.
Akpabio said the Senate would expedite consideration of the proposal to facilitate its passage.
In the letter, Tinubu said the proposed fund would improve research financing, promote collaboration among research agencies, academia and the private sector, and ensure that funding was directed towards strategic national priorities.
The President said the Bill was designed to “consolidate research financing, ensure more efficient utilization of resources” and bring fragmented research and development funds across MDAs under one central mechanism.
The letter
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