By Emmanuel Elebeke

Director General, National Office for Technology Acquisition and Promotion, NOTAP, Dr. Umar Bindir, is claiming that the agency has saved the country about 300 billion naira by regulating against importation of foreign technologies. He disclosed this at the weekend in an event held in Abuja.

The DG said the feat was made possible due to the commitment NOTAP attached to its regulatory functions against the inflow of foreign technologies. He said the domestication of foreign technology will assist Nigeria to boost the provision of modern technologies.

According to him, science and technology are vital to the economic growth of any country but domestication became necessary in view of the fact that it remains the only way to meet up with the dynamism and changes in the Information, Communication and Technology sector.

He explained that NOTAP has already taken the lead in ensuring domestication of foreign technologies through regulation of the inflow of foreign technology into Nigeria.

“For any nation to succeed in bringing the best quality of life to its people, that nation must make science, technology and innovation a key sector, to serve as the bedrock to catapult the nation to economic development,” he added.