By Uzair Adam
The Federal Ministry of Innovation, Science, and Technology has rolled out a 10-year strategic roadmap aimed at revitalizing Nigeria’s raw material sector, with the goal of achieving 60% value addition by 2034.
Announcing the plan during a Program Presentation and Dialogue Session in Abuja, Minister Chief Uche Geoffrey Nnaji highlighted the need to enhance the value of raw materials before export to promote job creation, stimulate domestic manufacturing, and strengthen the naira.
Currently, only 25% of raw materials undergo value addition, which Nnaji described as “unacceptable.”
The roadmap, developed in collaboration with the African Development Bank, includes building capacity in circularity, developing real-time data systems, and upgrading testing laboratories to support research and technology innovation.
Nnaji urged the Raw Materials Research and Development Council (RMRDC), development partners, and financial institutions to collaborate on these ambitious goals.