The Federal Government has unveiled the Nigeria Genomic City, a national initiative aimed at positioning the country as a leading hub for genomics, biotechnology and precision medicine, while announcing plans to establish a National Research and Innovation Development Fund expected to mobilise nearly $500 million annually for research and innovation.
Maruf Tunji Alausa, Minister of Education, disclosed this on Wednesday during a high-level stakeholders meeting in Abuja, where he said the initiative forms part of the government’s strategy to transform Nigeria into a knowledge and innovation-driven economy.
In a statement issued by Ikharo Attah, Minister’s Special Adviser on Media and Communications, Alausa warned that Nigeria risks turning its growing population into a liability if it fails to invest aggressively in science, research and innovation.
“The biggest demographic dividend ever witnessed anywhere in the world could become a demographic calamity for us if we fail to act. We
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