Nigeria sets up N3bn National Research Fund

President Muhammadu  Buhari
President Muhammadu Buhari

President Muhammadu Buhari on Saturday said the the Nigerian Government has set up a N3 billion National Research Fund.

Mr. Buhari made the disclosure in Sokoto on Saturday in a message to the Joint 32nd, 33rd and 34th Convocation and 40th Anniversary of the Usmanu Danfodiyo University, Sokoto.

The President, who was represented by the Executive Secretary, National Universities Commission (NUC), Prof. Julius Okojie, said the fund was set up to assist the various universities to undertake meaningful researches.

Mr. Buhari explained that such researches were aimed at solving the myriad of problems facing Nigeria currently.

The President specifically charged the nation’s universities to undertake researches in solar and other renewable energy sources.

“The universities should embrace education to solve the challenges facing the nation now.

“Universities should also be vanguards in the diversification of the nation’s revenue sources in view of the falling prices of crude oil in the world market.

“Universities should also rack their brains and come up with alternative sources of sustaining the nation’s economy,’’ Mr. Buhari said.

He further expressed the commitment of the Federal Government to continue to be alive to its responsibilities to the education sector.

The president explained that commitment led to the increase in the budgetary allocation to the sector in 2016.

He also promised that universities would continue to be assisted to function effectively.

The president urged the Organised Private Sector and other stakeholders to complement the efforts of the government in funding education at all levels.

The Chancellor of the University and the Oba of Lagos, Oba Rilwanu Akiolu, solicited the support of President Buhari in ensuring the success of the ongoing war against corruption.

Oba Akiolu, who was installed as Chancellor of the university at the event, further said, “Buhari is a focussed, patriotic, pious and committed leader who needs the support of all Nigerians’’.

The University’s Pro-Chancellor and Chairman of Council, George Egabor, said although subventions to the institution had improved, it was largely inadequate.

“As such, we cannot maintain our infrastructure, provide essential services , as well as other services required for the university’s development,’’ Egabor said.

The Vice Chancellor of the university, Prof. Abdullahi Zuru, commended Mr. Buhari for his interest and commitment to the progress of the university.

NAN reports that 11,513 graduates received various Degrees, Diplomas and Certificates, with 57 first class degrees.

Five eminent Nigerians were conferred with Honorary Doctorate Degrees.

They were the Sultan of Sokoto, Sa’ad Abubakar III; Oba of Lagos and Chancellor of the university, Oba Rilwanu Akiolu and former Lagos State Governor, Bola Tinubu.

The rest were former Defence Minister, Retired Lt.-Gen. Theophilus Danjuma and the Executive Director, Public Sector, First Bank Nigeria Ltd., Dauda Suleiman,

In the same vein, three retired eminent public officers were conferred with Emeritus appointments.

They were Prof. Shehu Galadunchi and Prof. Mahdi Adamu, first and second Vice Chancellors of the institution, respectively, who were appointed as Vice Chancellors Emeritus.

Similarly, Prof. A.T. Suleiman was appointed as Professor Emeritus.

Mr. Tinubu, who responded on behalf of the recipients commended the University for bestowing the honour on them.

The former governor promised that the honour would spur them to do more to sustain peace and unity of Nigeria, as well as national development.

He said Nigeria was on the brink in 2015 but that the APC brought the desired change to the nation.

Mr. Tinubu urged Nigerians to be patient and fervently prayerful.

The ceremony was attended by the Governors of Lagos, Sokoto, Katsina, Kebbi and Zamfara and Sokoto Deputy Governor, Ahmed Aliyu.

Similarly, former Governors of Ondo and Cross River States, Bisi Akande and Donald Duke witnessed the event.

It was also attended by various Obas, Emirs, national and state lawmakers and other dignitaries across Nigeria.

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  • Burning Spear

    Rotimi Jacobs, a senior advocate of Nigeria and the Federal Government

    prosecuting counsel in the 13 count charge of false assets declaration

    trial of Senate President Bukola Saraki on Thursday said the Code of

    Conduct Tribunal (CCT) was misled to discharge former Governor of Lagos

    State Bola Ahmed Tinubu when he was arraigned before it in November, 2011.

    He was charged with operating foreign bank accounts, contrary to the

    constitution.

    The tribunal had then dismissed the case against former Lagos state

    governor based on arguments that the bureau did not establish a prima

    facie case and also engaged in abuse of process in filing the charges

    against him.

    Tinubu was accused of operating 10 foreign accounts during his tenure as

    governor between 1999 and 2007 in the charges filed against him by CCB at

    the tribunal.

    But the three-man panel of the Tribunal dismissed the case at the second

    appearance of the former governor at the court as it declared that “there

    is no significant basis to proceed against Tinubu as the charges were

    “defective and shoddy.”

    • Peter_Edo

      Wetin concern crayfish concern private jet? How them take relate? Abel go baff!

    • Olu from South Africa

      I don’t think anyone care about what you’re posting. I don’t even read it either.

  • Peter_Edo

    Wonderful step, just hope we can actually rap into research and development using our varsities as resource points. Grants and other methods of remuneration with regards superior research work should be encouraged.

  • OLAWISDOM

    It is a good development. This announcement should be followed with clear blueprint and transparency by the handlers. Nigeria can overcome its developmental challenges if research is funded across all the areas of human endeavor.

  • We welcome this investment in University Researches. It is long overdue. A generous and sustained investment in science research and development is a foundation for technological advancements. Nigeria is full of brainy intellectuals that would make US green with envy. We support and welcome this focus.

  • atinge

    The fund has been there all along for decades, and disbursed by the National Universities Commission (NUC) on a quarterly basis as ‘Research Grant’. I know this for sure because I have worked in one of the federal universities. Unfortunately, the fund has been abused a hundred percent. What happens is the fund is shared out to departments during annual budgets, and then the departments share them out to lecturers and professors for specific research projects, which is fine. Unfortunately, the professors simply use the grants for personal purposes, and then submit a bogus research paper to the department. The research papers are so useless that they end up in shelves in the department’s or faculty’s office, and even the dean won’t care to open a page of it. That’s why you never hear that they discovered anything new. What makes anyone think Nigerians will be dishonest in every aspect of life, but honest with their research grants.

  • Lanre

    Useless people. Corruption everywhere. How come Tinubu did not get this Honorary Degree when Jonathan was in power? What has changed between May 2015 and now?