TETFund Receives Draft Executive Bill For Establishment Of NRDF - THE DAILY CRUCIBLE

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Thursday, August 12, 2021

TETFund Receives Draft Executive Bill For Establishment Of NRDF



By Jane Okafor, Abuja
The Daily Crucible
Education News
Thursday,  August 12, 2021

The Tertiary Education Trust Fund, TETFund has received the draft executive bill for the establishment of the National Research and Development Foundation, NRDF, in the country.

The Foundation when established, will coordinate research efforts in the country and  usher it into a knowledge-based economy.

Executive Secretary of TETFund, Prof Suleiman Bogoro, received the draft law from the TETFund NRDF Bill Drafting Committee on Wednesday  in Abuja.

He commended the Attorney General of the Federation, AGF, Abubakar Malami, for deploying staff of the Justice Ministry for the task.

Bogoro said with the draft bill already submitted, a path has been charted for driving Nigeria's knowledge-driven economy.

He added that  it is now a matter of necessity for the country to embrace knowledge in its pursuit of economic development.

He applauded the committee for its efforts and said it was on a historic mission for the country, noting that each of the persons invited to the R&D committee was mandated to make a specific contribution for the country.

The TETFund boss said Nigeria's economy cannot be competitive if it does not institutionalise research and development, R&D.

"When we lack the fidelity to implement our policies and lack the discipline to enforce our laws, it is precisely why Nigeria has failed. We have failed to attain our potential as a nation because of some of these areas.

"And let us admit collective guilt we shouldn't be back-passing; so when we bring ourselves like this, those in government are there, the academia, of course, are there; the industry operators are there.

"We agree to come together to speak the same language, the ultimate outcome, we agree to be a more competitive Nigerian economy and the nation overall," he said.

According to him, there was need to rejig and reflect over the issue of governance in government and academic institutions, adding that many times the area of appropriate governance at all levels had failed the nation.

He said the most competitive nations are those that have recognised and placed innovation and creativity as the lead element that drives society.

"The greatest of thinkers in history were those that drove the direction of their nations; the greatest of thinkers do things beyond the average persons," he said.

Also, the Chairman of the Drafting Committee, Prof. Auwalu Yadudu, speaking earlier,  said the committee was inaugurated two months ago and that the assignment lasted, the bill enjoyed  the support and endorsement of the executive and will be forwarded to the Minister of Education for approval before submission to National Assembly.

"The bill seeks to establish a national research and development foundation to Institutionalise, mainstream and commercialize research and development, promote innovation and support enterprise development for job and wealth creation for a knowledge-driven economy for Nigeria. 

"Everything else that we do will remain in our laboratories, in our thesis, in our classrooms if it is not translated into some applications, some uses which will require the intervention and participation of the industry," he said.





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