FG commends TETFund’s broker relationship between academia, industry. The Federal Government has declared its readiness to continue to fund research through the Tertiary Education Trust Fund for rapid socioeconomic development in the country.

The Minister of Education, Prof. Tahir Mamman, who gave the assurance while addressing Journalists in Abuja, commended TETFund for proffering solutions to the missing link between academia and the industry.

He said intense and wide consultations were ongoing with institutions and organisations that could partner with and support TETFund with the aim of driving interest and encourage organisations as well as individuals to participate and identify technologies with a view to establishing enterprises and/or enhancing the performance of existing businesses.

The minister expressed confidence in the fund for recognising the imperative need to enhance the linkages of these impressive academia performances to industry and the day-to-day life on the average Nigerian adding that financial institutions, funding agencies and venture capitalists had been identified to provide funding to the promising organisations, individuals and entrepreneurs who source technologies to establish enterprises.
He urged researchers, inventors and creators who expressed interest to showcase their technologies, to participate free of charge in the fair.

On his part, the TETFund Executive Secretary, Sonny Echono, pledged the readiness of the fund to harness the potential recorded in the area of innovation and creativity in tertiary institutions.