A Bill for Act to Establish the National Commission for Technology Transfer, Acquisition, and Promotion has passed the second reading at the House of Representatives.
Clement Jimbo, representing Abak/Etim Ekpo/Ika federal constituency of Akwa Ibom state of All Progressives Congress (APC) sponsored the bill.
Leading the debate on the bill, the Lawmaker informed that when passed into law, the Commission will monitor the inflow of foreign products/technology into Nigeria.
Rep Jimbo also affirmed that the Commission, when established would average on the huge and active population to create jobs for youths, process our raw materials into finished goods/products, increase our gross domestic product (GDP), and transfer technology to Nigeria.
He said the bill is intended to ensure regular value addition to the nation’s solid mineral exploration “jack up the gross domestic products and increase our revenue base through foreign exchange.
‘The commission will “/leverage on Nigeria’s population to negotiate with other countries intending to make Nigeria their country of export of goods/products to mandatorily transfer technology for the production/manufacture of components of such production/goods to be exported to Nigeria, provided there is proof of availability of raw materials in Nigeria.
“National Bureau of Statistics (NBB) says over 200 million cell phones, 500,000 solar systems, 12 million cars, cameras, microphones, laptops, and remote controls are currently in use in Nigeria.
“German foreign broadcasting company, Deutsche Welle DW says lithium has been discovered in large quantities in Nigeria and these states: Abuja, Nasarawa, Kogi, Ekiti, Kwara, and Cross River” he stressed.
Lawmakers after the debate on the Bill, unanimously voted in favour when it was put to a voice vote by Tajudeen Abbas, Speaker of the House.
