We allocated 0.5% GDP to science, technology – Buhari

The President, Major General Muhammadu Buhari (retd.), on Monday said the Federal Government had allocated 0.5 per cent of the country’s annual Gross Domestic Product to improve investments and aid the development of science, technology and innovation in Nigeria.

He said the investment in STI was in line with the African Union resolution that member nations should invest at least one per cent of their respective nations’ GDPs to the development of science, technology and innovation.

Buhari, who was represented by the Vice President, Prof. Yemi Osinbajo, disclosed this at the opening ceremony of the 2021...readmore