Osinbajo:devoting 1% of nation’s budget to research, innovation

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In order to build local capacity to compete favourably with scientifically advanced economies the Vice President,  Prof. Yemi  Osinbajo,  has supported the call to set aside one percent of the nation’s budget to boost research and innovation.

Osinbajo made this known  during the meeting of the National Research and Innovation Council held at the Presidential Villa, Abuja.

Media aide to the Vice President, Laolu Akande, in a statement  made available to Vanguard, said that    the Vice President, responding to a memo presented to the Council on the need to improve funding of research and innovation by Science and Technology Minister, Dr. Ogbonnaya Onu,  said the proposal to set aside a percentage of the national budget for funding of research and innovation deserves support.


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