In a bid to safeguard local innovations and bolster the Nigerian economy, the Minister of Science, Technology, and Innovation, Dr. Olorunnimbe Mamora, has proposed the prohibition of all foreign products that can be manufactured domestically.
During the 71st Ministerial Media Briefing held at the State House, Mamora emphasized the unfortunate situation of research works and inventions languishing in various agencies due to a lack of investment. Expressing deep concern, Mamora underscored the need to address the challenges associated with protecting intellectual property rights and facilitating the transition of research outputs into the marketplace. To accomplish this, he emphasized the government’s determination to introduce legislation that mandates the safeguarding of these inventions before their commercialization.
Acknowledging the ministry’s slower progress, Mamora assured the public that continuous engagement with relevant stakeholders would be prioritized. The goal is to foster stronger collaboration between research institutions and the market, with the support of investors, thereby bolstering synergies within the scientific ecosystem.
The proposed ban on foreign goods aligns with the government’s strategy to encourage local production and stimulate economic growth. By imposing restrictions on imported items that can be produced domestically, the government aims to create a favorable environment for Nigerian inventions to thrive. The Minister’s recommendations come as part of a comprehensive effort to unleash the untapped potential of local research and innovation, allowing them to make a meaningful impact on Nigeria’s socioeconomic landscape.
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