CSJ condemns N204.933m frivolous allocation to STI in 2021 budget
There is no gainsaying that technology is a means of harnessing and exploiting man’s understanding of nature for his own benefit. It is an application of knowledge for practical purposes, used to improve the human condition, natural environment, or to carry out other socio-economic activities.
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Undisputedly, science and technology (S&T) hold the key to the growth and development of any nation, and play a fundamental role in wealth creation, improvement of the quality of life and real economic growth, and transformation in any society.
S&T has been recognised as a key tool for the implementation of the Sustainable Development Goals (SDGs), as it is fundamentally linked to most, if not all sectors of the economy, and is a powerful driver of economic growth through creation, adoption, development, diffusion of new inventions, technologies and associated know-how.