At a seminar for stakeholders in Abuja on the development and maintenance of Science and Technology Parks and the incorporation of technology planning in Nation Building, Dr. Adeleke Mamora, Nigeria’s Minister of Science, Technology, and Innovation, stated that Science and Technology Parks are necessary for an emerging market like Nigeria’s productivity and competitiveness. Mrs. Monilola Udoh, the Ministry’s Permanent Secretary who represented him, noted that the Park initiative had been widely commended as a crucial platform that has radically changed the course of advancement in the countries that have adopted it.
This strategy has been implemented on a large scale in China, and as a direct outcome, China has developed into a technologically advanced nation that is home to more than 120 Science and Technology S&T Parks. With the help of S&T Parks as an instrument of regional development, China has rapidly risen to prominence as the research and development (R&D) and manufacturing hub for multinational corporations. The minister remarked that China now manufactures nearly everything to international standards, including smartphones, autos, equipment, etc.
Ideas and innovations will be nurtured and materialized at the park.
It was noted by the minister that the Science and Technology Parks continue to be a place where ideas are fostered, and he mentioned some of the benefits to national economies that can be derived from them. Promote and efficiently oversee the sharing of information and expertise between educational institutions, research labs, commercial enterprises, and consumer markets; Offer high-quality space and facilities, as well as real world services like incubation and spin-offs, to help innovate-based startups get off the ground and thrive, he said.
Furthermore, Dr. Mamora pledged that the research and development capabilities of Nigerians will be further accelerated and that greater outcomes will be accomplished once the National Research and Innovation Council NRIC and the National Research and Innovation Funds NRIF are now functional. The minister further detailed that the Agency is already working with local and foreign organizations as well as growth partners to support the execution of the SHESTCO Science and Technology Park.
Economic development of a country is dependent on its education investment.
According to Dr. Paul Onyenekwe, General Director of the Sheda Science and Technology Complex SHESTCO, an innovation-driven economy necessitates significant investment in training and knowledge. In today’s era of rapid technological advancement and intense global competition, businesses must actively seek out competitive advantages, such as early access to new information. Industry, university, and research institute collaboration has thus emerged as a feasible enabling remedy for the transfer and corporatization of technologies and as a platform for new innovations, he said.
The SHESTCO leader continued by saying that the Science Park Initiative, also referred to as the Silicon Valley projects, acknowledges the significance of enhancing and developing relations between the Nigerian government, expertise and research institutions, and industry. A science and technology park, according to the International Association of Science Parks, is a company run by experts whose primary objective is to boost the wealth of both its local and the nation as a whole by fostering an innovative culture and the performance of its industry and knowledge-based entities.
A 79.5-hectare site at SHESTCO will now house the innovation.
Since 2006, the Ministry has advocated the foundation of Science and Technology Parks in Nigeria, according to Dr. Mamora. After conducting a nationwide baseline survey in 2007 to ascertain the situation of Science, Engineering, Technology, and Innovation SETI in the nation, it was proposed to establish six Science Parks, one for each of the nation’s six geo-political zones. Dr. Mamora explained that in 2009, plans to build six separate Science Parks were scrapped in favor of developing the 79.5-hectare site at the Sheda Science and Technology Complex (SHESTCO) in Sheda, Abuja.
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Nigeria to build Science and Tech Park – The park programme has transformed the growth of nations that adopt it. – Express your point of view.
That’s a good idea because building of science and tech park will help research laboratories, commercial institutions andake our researchers to be more innovative.
This is a very nice initiative. The science and tech park will be aimed at using science and technology to innovate new ideas and inventions. It is applaudable.
Another step forward in country technology advancement. This science park will no doubt propel innovate new ideas and inventions. It is applaudable.
Another brilliant way to develop the country’s economy. I hope the new development delivers it significance for existence.
This is a good development to build a science and tech park so our researcher can work well and perform their duties this kind of project should be more introduce building of place where work can be carried out
For a developing market like Nigeria’s, the establishment of Science and Technology Parks is essential to the country’s productivity and competitiveness.
The Park program has received a lot of praise for being a significant platform that has significantly altered the way that progress is made in the nations that have implemented it.
Is very good to rebuild science and tech. But the truth is that everything in this country need to be rebuild, this country is something else almost everything has gone backward
China has adopted this method extensively, and as a result, the country has become a technical powerhouse that is home to more than 120 Science and Technology S&T Parks.
The initiative is very good if properly implemented because millions of jobs will be produce through to this.
If our federal government in Nigeria can build science and technology park then is a green light that Nigeria will be greater in future
Science and Technology Parks boost productivity and competitiveness in developing markets like Nigeria.
The scientific and tech park will use science and technology to create new ideas and technologies.
The Science Park Initiative, or Silicon Valley projects, recognizes the value of fostering closer ties among the federal government of Nigeria, academic institutions, and Nigeria’s thriving business sector.
China has become a technologically advanced nation as a direct result of the widespread implementation of this plan, which has been carried out on a massive scale in that country.
China’s quick ascent to the forefront of the global R&D and manufacturing scene may be directly attributed to the success of S&T Parks as a tool for regional development.
This will encourage and effectively monitor the exchange of information and specialized knowledge across various educational institutions and research labs.
Building a science and technology park is a smart concept since it will encourage greater innovation in our researchers as well as in the business institutions and research laboratories that it will serve.
Building science and technological parks in Nigeria by our government is great news and a major move in developing science and technology in Nigeria.
China has developed into a technologically advanced country with more than 120 Science and Technology S&T Parks as a result of the extensive implementation of this strategy there.
Collaboration between business, academia, and research institutions has therefore become a workable enabling solution for the transfer and corporatization of technology.