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TETFund, ATPN collaborate on innovation funding for the nation’s tertiary institutions

March 26, 2024
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Home The Nation Education

TETFund, ATPN collaborate on innovation funding for the nation’s tertiary institutions

by thelink
March 26, 2024
in Education, Top Stories
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The African Technology Policy Network (ATPN) has announced a collaboration with the Tertiary Education Trust Fund (TETFund) and some Nigerian universities to establish a research and innovation funding body in Nigeria. The Executive Director of the ATPN, Nicholas Ozor, said the establishment of a research and innovation funding organisation would enable Nigerian tertiary institutions to attract innovation funding from international donors. He said the collaboration is with the African University of Science, Technology and Innovation, the University of Nigeria, and TETFund. Ozor, speaking at a workshop at the TETFund headquarters on Monday, 25 March acknowledged that other African countries with functioning research agencies have been able to receive funding from organisations such as Royal Crown Canada, International Development Research Centre (IDRC), German Foundation, Foreign Commonwealth and Development Office (FCDO) and British Council, among others. He said, “Nigeria currently has issues because they do not have a well-recognised national research and innovation funding agency which is part of why we are here to work with appropriate agencies and stakeholders within the science and technology ecosystem to see how we can establish a functional research and innovation funding agency in Nigeria. The workshop aimed at strengthening research and innovation funding agencies in West Africa targets six countries in the region, with a particular focus on Nigeria. Our responsibility is to support the West African region with technical training and capacity support to establish councils and the support from our agency is to enable Nigeria to catch up with their contemporaries of eastern and south African countries.”

Noting the strides made by several sub-Saharan African countries in establishing functional funding agencies, Ozor drew attention to some of Nigeria’s current challenges which are due to the absence of a well-recognised national research and innovation funding agency. He touched on the gaps that limit Nigeria’s capacity to avail international funding opportunities and stump the nation’s innovation ecosystem. Drawing attention to identifying the right institutional frameworks for housing Nigeria’s national research and innovation funding agency. He added that while TETFund has been representing Nigeria in certain capacities, it is important to collaborate with relevant ministries and agencies, particularly the Ministry of Science, Technology, and Innovation, to ensure the effective functioning of the funding agency. He said “We are here to talk to critical stakeholders to understand the need and what should be done to have the council well situated in an appreciative ministry. We want to work together to see how we can situate the National Research and Innovation Funding agency appropriately so that it can function effectively and support grant-making effectively like the other countries,”

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In his address, the Executive Secretary of TETFund, Sonny Echono, said about 912 research projects have been sponsored, adding that the experience has given the agency an insight into the need for the workshop. The TETFund boss, who was represented by another official, Hadiza Ismail, mentioned that TETFund is committed to establishing the council, especially the science granting council so that Nigeria can participate fully in it. Ismail also said “With that huge number of investments, it is expected to see that we have projects that have been skilled up to commercialisation. Also, having a good research framework and a functional and effective one will help not only Nigeria but also the funding in managing the research projects and other interventions.”

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