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SCIENCE, TECHNOLOGY AND INNOVATION (STI) POLICY AND THE TECHNOLOGICAL DEVELOPMENT OF NIGERIA: PROSPECTS AND CHALLENGES.
ABSTRACT
Across the globe, the link between science and technology in bringing about innovation and indeed development, cannot be over emphasized. While science explains a systematic process of acquisition and organization of knowledge, technology refers to the application of the acquired knowledge for the production of goods and services, for the utmost good of humanity. In pursuance of science and technology for innovation and development, different countries therefore formulate policies geared towards domesticating and harnessing the benefits of science and technology. In Nigeria, we are yet to see meaningful innovations and development anchored on science, technology. Despite the huge investment in the area of science and technology in Nigeria, we have not felt appreciable impact of such investment. Against this backdrop therefore, this paper examined science, technology and innovation (STI) policy and the technological development of Nigeria: prospects and challenges. In other to address the above subject matter, this paper raised three research questions: What are the objectives of STI policy towards technological development of Nigeria? What are the challenges militating against STI policy towards technological development of Nigeria? How can STI policy be enhanced towards technological development of Nigeria? The paper relied on qualitative sources of data. Data presentation and analysis was done hypothesis by hypothesis. The paper found that the foundation of science, technology and innovation policy in Nigeria was faulty in that it aimed at complying with international system. The paper recommended increased linkages between applied and academic research in the productive sector and increased national effort.
Key Words: Science, Technology, Innovation, Development and Policy