The Federal Government has inaugurated an Interministerial Committee on Research and Innovation to ensure food security in Nigeria, energy security, and curtail the nation’s dependence on import
.Vice President Kashim Shettima inaugurated the committee at the State House Abuja with a charge on them to work towards cutting down Nigeria’s import bills by 50 percent.
He said the committee is part of ongoing efforts by the administration of President Bola Tinubu to pool intellectual and financial capital to create the cockpit from which Nigeria’s innovation economy will be piloted.
According to him, the mission is to build Nigeria into a trillion-dollar economy within 10 years. On the committee’s terms of reference, Shettima said the committee is to coordinate action in five strategic sectors with the power to transform society.