Raw materials development key to poverty eradication, says Yar'Adua

Published in : Naijaplus News, Business News


IN the dream of attaining the year 2020 vision of the present administration, President Umaru Musa Yar'Adua recently identified raw materials development as a key component.

According to the president, raw materials, which occurred naturally as agricultural or natural resources were free endowments on which the poorest group in the society could lay claims.

He affirms: "They occur in most instances, in remote rural parts of our country. They are close to rural dwellers and constitute the only source of livelihood for the most disadvantaged groups in the society."

At a summit on the state of local raw materials and development in Abuja, the president noted that raw materials development was identified with the seven-point agenda of his administration.

The summit was put together by the Raw Materials Research and Development Council.

To further give relevance and bite to the proper development of the sector, the Senate on its part had spoken of its resolve to support raw materials development with relevant laws.

Chairman, Senate Committee on Science and Technology, Mr. Greg Ngaji made this firm resolution at the summit.

The president also made a case for a policy targeted at the effective development of these resources.

According to him, the policy would not only improve rural economic activities and income, but would catalyse infrastructure development in the areas where the need for basic facilities was high.

The president, who was represented by the Minister of Science and Technology, Mrs. Grace Ekpiwhre, therefore, charged the summit to evolve effective community participation strategies for community participation in raw materials research and development amongst other things.

In the area of value addition, he tasked the experts to consider issues relating to value addition on raw materials in order to enhance export by the development and application of technologies appropriate for transforming locally available raw materials.

In his comments, the Chairman of the occasion and former Economic Adviser to the president, Dr. Osita Ogbu, called attention to the need for more speedy action on the issue of raw materials development.

Noting that the Raw Materials Research and Development was the key agency in the science and technology sector, he stressed that raw materials was instrumental to achieving all the components of the seven-point agenda of the president.

He said: "We need to reposition raw materials research and development and science and technology to achieve the goals of President Umaru Musa Yar'Adua as articulated in the seven-points agenda. This is the time for action."


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