The Tertiary Education Trust Fund (TETFUND) has earmarked N3 billion as research fund for tertiary institutions in the country, its Executive Secretary , Prof. Mahmood Yakubu, said.
This was contained in a statement signed by Mr Adokiye Dagogo-George, Head, Public Relations, National Office for Technology Acquisition and Promotion (NOTAP) on Monday in Abuja.
It said Yakubu made the remark when a delegation from NOTAP led by its Director-General, Dr Umar Bindir visited the agency to participate in a meeting of the committee for the disbursement of the research fund.
According to the statement, the research fund is set aside to boost demand driven research, facilitate national development and enhance global competitiveness.
It added that the fund would help to address issues of capacity building and improvement in the quality of teaching with the provision of funds for training of students to doctorate degree level.
The statement also said that the fund would help in raising the standard of tertiary education in the country.
It said that Yakubu expressed concern at the low number of doctorate degree holders among the teaching staff in tertiary institutions, adding that this had negatively affected the quality of research being conducted in the country.
It quoted the executive secretary as urging NOTAP “to contribute its expertise in the area of Intellectual Property Rights and Technology Transfer so as to develop appropriate Intellectual Property policy.”
The statement said that Bindir in his response linked industrial research and the sustenance of innovation to solid technology.
“This is the rationale why NOTAP is establishing Intellectual Property and Technology Transfer Offices in tertiary institutions across Nigeria.”