How Nigeria attains 10 places in Global Competitive index ranking—Onu
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By Editor
The National Strategy for competitiveness in raw materials has leaped Nigeria’s ranking from 115 out of 140 countries by the world Economic Forum Assessment, 2018 to 2019, the Minister of Science, Technology and Innovation, Dr. Ogbonnaya Onu has revealed.
Dr. Onu disclosed this during the 27th quarterly meeting with management and staff of the ministry in Abuja.
He said when he came on board, the ministry was in bad shape but was raised to its epoch through the regular meetings with the management and staff.
The World Economic Forum (WEF) had in October 2018 ranked Nigeria 115 out of 140 countries in its 2018 Global Competitiveness Index.
In the annual report, titled The Global Competitiveness index report 2018, Nigeria moved 10 places upward from its 2017/2018 ranking of 125 out of 137 countries.
According to the report, Nigeria’s ranking improved in four of 12 ranking pillars, namely infrastructure, health, business dynamism and innovation capability.
The Minister added that his introduction of the quarterly meetings led to the creation of several other policies amongst which, five was approved, while four are awaiting approval by the Federal Executive Council.
He also said that by 2019 the ministry won the Servicom award of Excellency and ranked best performing ministry in terms of service delivery.
The National Office for Technology Acquisition and Promotion (NOTAP) by the Presidential council under the chairmanship of the Vice President, Professor. Yemi Osibanjo was also awarded the best in terms of Transparency in Service Delivery in all MDAs.
Onu also said that on 31st January, 2022, National Assembly met with 270 Agencies and stakeholders out of which, Energy Commission of Nigeria (ECN) was recognised as the best in terms of 100 percent remittance of tax to the federation Account.
The Minister further added that the University of Transportation in Daura, Kastina State is the product of one of the policies of the Ministry which is Executive Order No. 5.
Onu also said the effort by the Anambra State Government in promoting local content in the area of indigenous technology; industrialization is another added advantage of the Executive Order policy.
He therefore thanked the Directors, and CEO of agencies in the ministry for making sure that this meeting is held on regular basis with the believe that the ministry will be able to achieve more for the benefit of the nation.
