Nigeria’s Future Competitiveness Depends On Technological Advancement

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It goes without saying, that technology is the only language the entire world now understands. Indeed, technology is the single most important factor for

The theme of the lecture was, “Technology: A Missing Link in Nigeria’s Development.” Speakers at the event expressed sadness that the abhorrence of the federal government to technology was costing the country trillions of dollars in foreign investments.

“Government policies have not enabled technology to advance as it should in our country. We need policy makers who are savvy enough to understand where things are going. There is no area of our endeavour that we don’t require technology if we mean to go far. One of the biggest setbacks in the country is power.

In his remarks, founder of DAAR Communications, Dokpesi, said that Nigeria’s growth and development would be realized only if political leaders could create new economic opportunities, and transform the society through technology. Against that backdrop, Dokpesi opined that science and technology held tremendous benefits for Nigeria’s economic growth.

In the 2019 appropriation bill, the ministry with over 17 agencies, geared toward facilitating the development and deployment of science and technology got a paltry allocation of about N66.82 billion. The allocation was less than one per cent of the proposed 2019 budget and was the least in the appropriation bill. Even the office of the secretary to the government of the federation got more funds than Federal Ministry of Science, Technology and Innovation.

Annually, the two arms of the federal government – the executive and the legislatures – collude to starve science and technology of the necessary funds needed to make science and technology the catalysts for Nigeria’s orderly and rapid socio-economic transformation. The executive and the legislatures are therefore responsible for Nigeria’s

 

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