RMRDC diversifying to boost production, exports – D-G

The Raw Materials Research and Development Council (RMRDC) says it has taken steps to diversify the economy, strengthen international competitiveness, reduce import dependency and boost Nigeria's productions and exports. Director-General of the council, Prof. Nnanyelugo Ike-Muonso, stated this on Wednesday in Abuja, on the sideline of an event to celebrate his 100 days in office. He expressed the desire to return the council to its original mandate of diversifying the economy through production, generating revenue and contributing to economic growth. 'Therefore, there is a need for RMRDC to diversify her economy, strengthen international competitiveness and transition from consumption and import dependency to production and export. 'Our vision is clear; to catalyse sustainable industrial development in Nigeria, ensuring that our country maximises its abundant raw materials resources for its prosperity and global competitiveness.' The D-G promised to refocus and transform the Council into a world-class r esearch organisation that would drive innovation in raw material exploitation, development, utilisation, supporting business growth and contributing to Nigeria's economic prosperity. NAN reports that FG's Renewed Hope Agenda is a transformative policy thrust aimed at real sector development which is one of RMRDC's mandates. 'The Council will refocus its productivity and operational efficiency as a premier research institute. 'This will strengthen staff and improve welfare to achieve the best standards. 'In addition to boosting the Council's visibility among research institutes to achieve remarkable productivity, we'll also strengthen the Council's place in the international arena.' The RMRDC boss emphasised the need for research that directly feeds into the needs of the industrial sector. See also FG reiterates commitment to non-oil export, trains bankers on documentation 'We need to ensure you have research that is easily commercialisable; we want research that the industries can accept and that will contribute to industrial competitiveness, 'The new research template designed by RMRDC has already been circulated to universities across the country with the support of the Nigerian Universities Commission.' The D-G also said that the Council would soon launch an e-registration and certification portal to enhance transparency in the raw materials sector as well as enhance transparency in intellectual property and patent portfolio. 'We plan to engage donor partners and diplomatic missions in October, where the Council will present its programmes and explore potential collaborations. 'The RMRDC is also looking beyond traditional funding sources to support its initiatives. 'We hope that if it is successful, we will have substantial commitments that will help in funding some of the initiatives we have lined up,' Ike-Muoso said. Source: News Agency of Nigeria

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