The Minister of Science and Technology, Dr. Ogbonnaya Onu has announced the Federal Government’s readiness to commence methanol production to diversify the economy and increase national productivity.
Dr. Onu announced this yesterday when he paid Governor Okezie Ikpeazu of Abia a visit at the Government House, Umuahia aimed at sensitizing the people of the Southeast on the policy that has been passed by the Federal Executive Council and its relevance to the nation’s economy, He said that the decision was informed by the need to create more jobs for the teeming youths as well as create wealth for individuals and the nation.
The Minister said that methanol production had the capacity to make a tremendous impact in the transport, manufacturing, energy and power generation sectors of the economy.
He said that the government had developed a Methanol Development Technology Policy and introduced a sensitization program that would be used to educate the public about the policy.
Responding, Ikpeazu represented by his Deputy, Chief Ude Oko-Chukwu said that the Methanol Development Technology Policy was strategic and critical to the nation’s development and would go a long way to boost technological development and improve the environmental health of Nigerians.
Comments are closed for this post.