EU pledges to support Nigeria’s energy, agricultural sectors in Horizon 2020 project

The Minister of Science and Technology said on Friday that its ministry is trying hard in making sure that Nigeria moves away from a resource based economy that is solely dependent on commodities. This statement was issued in Abuja by the Honorable Minister of Science and Technology, Ogbonnaya Onu during the visit of the EU Ambassador to the Ministry.

“Since 1960, our economy has been dependent on commodities and we have seen that this has not been helpful to us in anyway, each time there is a drop in the price of commodities in the international market, it affect our Economy adversely.

There is always a big shock which normally result to recession, we are determining to help move away from this commodities by emphasizing on a knowledge based innovation driving economic”.

The EU Ambassador to Nigeria, Michel Arrion said that Europe is ready to expand its cooperation with Nigeria beyond the simple development cooperation and also they are going to look at new avenues, new sectors, new domains where the partnership could really make sense with a country like Nigeria.

“We want to expand our cooperation in areas such as; Energy, Climate, Change, Transport, Science and Technology.” he said.

Michel added that the cooperation between both parties would help to strengthen their bilateral relations.

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