Nigeria will require, at least, N60 million to host the International Exhibition of Young Inventors (IEYI), according to the Minister of Science and Technology, Dr Alhassan Zaku. The event, to be hosted by the government with the collaboration of  private organisations and international agencies would hold in November, a statement said.

The statement, issued by the Chief Press Secretary to the Minister, Mr Tai Shobajo, in Abuja on Tuesday, said the minister made the statement while inaugurating a 22-member Local Organising Committee (LOC) for the event.

The minister, who was represented by the Permanent Secretary of the Ministry, Prof Nicholas Damachi, said Nigeria would benefit from the exhibition in which more than 50 countries were expected.He said the International Federation of Inventors Association (IFIA) granted Nigeria the hosting right of the 6th edition of the International Exhibition of Young Inventors (IEYI) because of its consistent and successful participation in previous events.

He urged the LOC members to work hard for the success of the event, aimed at exposing the potential of Nigerian scientists and researchers to the outside world.It described IFIA as an implementing organ of the World Intellectual Property Organization (WIPO), an arm of the UN which exhibits the ingenuity and capability of inventors and innovators.Zaku urged individuals, corporate bodies and stakeholders to join hands toward the successful hosting of the event.

Responding, the LOC Chairman, Alhaji Ibrahim Jega, thanked the government for giving members of the committee the opportunity to serve. He promised that the team would work tirelessly to ensure the success of the exhibition.

The President of Nigeria Association of Inventors, Mr Joel Momudu, urged everyone to work toward a successful hosting of the exhibition. He said Nigeria was a virgin land for the exportation of inventors and expressed optimism that Nigeria would benefit from the event.


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