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Minister: Technology-driven economy can drive Made-in-Nigeria vision

Minister: Technology-driven economy can drive Made-in-Nigeria vision
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Dr Ogbonnaya Onu, Minister of Science and Technology, says that the “Made-in-Nigeria” campaign hoped to stem dependence on foreign products can be realised by a technology-driven economy.

Dr Ogbonnaya Onu, Minister of Science and Technology
Dr Ogbonnaya Onu, Minister of Science and Technology

“Nigeria has a lot to benefit by moving from resource-based economy to innovation-based economy, which is technologically driven. We cannot continue to rely on just commodities and primary products for our economy”, Onu says while receiving Gil Danker, Chairman of Isreali petrochemical company,DOR Chemical, recently in his Abuja office.

“We must add value to what we have and we also must close all technology gaps in the country, we are the largest economy in Africa we have the largest population in Africa, we should become more self-reliant, we must, as nation start producing the things that we need”, he adds.

According to him, the Federal Ministry of Science and Technology will continue to collaborate with investors from across the globe who are willing to produce, do research and transfer technology.

[quote font=”georgia” font_size=”22″ font_style=”italic” align=”left” arrow=”yes”]”We must add value to what we have and we also must close all technology gaps in the country, we are the largest economy in Africa we have the largest population in Africa, we should become more self-reliant, we must, as nation start producing the things that we need”, he adds.[/quote]The Ministry will welcome any investor that is ready to come to the country and help the growth of the Nigerian economy, Onu says explaining that the venture is part of  government’s determination to diversify the source of fuel and environmental management.

The venture will help the country to efficiently use enormous and abundant natural gas resources in Nigeria by producing methanol, produce fuel and diesel for the transport sector, protect our environment and grow the economy, he adds.

“The biochemical would be very helpful in this respect, they would do research, they would produce in Nigeria, they would be able to transfer technology to our nation because what they are bringing is something new.”

They want to help Nigeria move in the direction that other developing countries are moving, start diversifying the source of their fuel. Many developing countries now get their fuel from methanol we should also key- in because one is cheaper, it would help us to create jobs and protect our environment”, according to the Minister.

Gil Dankner on his part says their main product is methanol which is produced from natural gas and is a basic product from which one can produce a lot of different products. Methanol can also be produced from coal, biomass and carbon dioxide emissions and its use offers significant environmental benefits due to the reduced gaseous emissions to the atmosphere.

“In this world there are different products which were made of methanol, however methanol is a source for world clean energy both for transportation and can also be used for electricity generation. Your country has lot natural gas out of which you can produce methanol which is liquid which is much easier to store and transport , we see a huge  potential for this economy”, Danker adds.

Danker says the methanol economy in Nigeria can reduce the cost of energy because methanol, which can be used as fuel substitute in the internal combustion engines, is “cheaper than gasoline and diesel, it can improve the environment and create a lot of jobs in Nigeria.”

 

 

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Elizabeth Edozie Technology Journalist @Technology Times 08077671659 elizabeth.edozie@technologytimes.ng

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