FG eyes China’s business model to drive industrialisation

FG eyes China

From Okwe Obi, Abuja

The Federal Government is studying China’s business model to drive industrialisation.

Director-General of the Raw Materials Research and Development Council (RMRDC), Prof. Nnanyelugo Ike-Muonso, said at an interactive session in Abuja in partnership with the World Association of Industrial and Technological Research Organisations (WAITRO) that Nigeria needs stronger institutions to bridge the gap between academic research and business needs.

He called for closer collaboration between tertiary institutions and industries to translate research into commercially viable products, technologies and jobs, noting the disconnect had limited economic benefits from R&D investments.

RMRDC has signed a quadripartite MoU with the Zanghai Yangtze Delta Innovation Institute, Jiangsu Industrial Technology Research Institute and Anhui Yangtze Delta Innovation Institute under the National Innovation Centre par Excellence. The partnership will enable joint research, technology transfer and adaptation to Nigeria’s industrial environment.

WAITRO Secretary-General Benjin Luo said researchers and industries often operate in silos, with academics focused on research while manufacturers seek practical solutions. Intermediary organisations, he said, can translate industrial needs into research projects and help commercialise innovations. He expressed optimism that Nigeria can attract technology and investment through partnerships among local industries, institutions and international research bodies.

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