Nigeria can save N24bn in foreign exchange from agricultural research innovation – IITRED

Nigeria can save N24bn in foreign exchange from agricultural research innovation – IITRED

The International Institute for Tranining, Reaserach and Economic Development  (IITRED) says  the agricultural research innovation technology, designed to produce  high yield, can  generate N24 billion  in foreign exchange for Nigeria.

It says the target can be achieved when fully commercialised.

It also said that the technology  would help the clean  up of the Nigeria- Delta due to its absorbent capacity of managing oil spill in the Niger-Delta area

The information is provided in a statement by Dr Sani Dawop in Abuja on Wednesday.

Dawop said that IITRED was an international, independent and non-profit making organization.

He said that the organization was designed to  provide  value training and conduct issue based research.

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The institute  organises conferences, seminars; specialises in  training programmes for capacity  building  to address human and environmental challenges .

He said the institute would  organise its annual  award seminar in its series  on Thursday at Transcorp Hilton hotel, Abuja.

According to him, the theme of the event, “Bringing Nigeria Agricultural Research into use”, would feature presentations by renowned researchers and notable public officials.

The 2016 IITRED research Prize Winner is Dr Morufat Balogun of the University of Ibadan, while IITRED honours award is Dangote Sugar and NASCO Cornflakes.(NAN)

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