The federal government has said it is developing a comprehensive 10-year roadmap to achieve a transformational leap in Nigeria’s raw material value addition, from the current 25 per cent to a target of at least 60 per cent for global commercialization.
This it will do with the support of the African Development Bank (AfDB), the Minister of Science, Innovation and Technology, Chief Uche Nnaji, has said.
“This ambitious goal is not just a number; it represents a bold vision for Nigeria’s future—where our raw materials are no longer exported in their crude form but processed and enriched to maximise their value before leaving our shores,” Nnaji said in Abuja yesterday at the maiden edition of the Raw Materials Research and Development Council (RMRDC) Presentation and Dialogue Session with development partners, diplomatic community, and business councils.
Declaring the business session open, Nnaji said there is a need to have a Nigeria where local industries thrive, creating jobs and opportunities for millions.
