The Vice Chancellor of the University of Nigeria, Nsukka (UNN), Prof. Benjamin Ozumba said intentional pursuit of knowledge and innovation are the key ingredients of economic growth and national development.
The Professor of Obstetrics and Gynaecology made this known in an interview with the Guardian News over the weekend.
According to the UNN VC, Nigeria’s quest for survival and greatness would only be achieved through economic diversification and proper investment in human resource development.
“We must look beyond oil or any other commodity and invest hugely in growing an economy driven by knowledge and innovation,” he said.
The VC who spoke at the VC’s lodge while responding to questions said the institution’s anniversary and founder’s day holds every October as the country’s first indigenous and land grant university.
The VC stressed on the need to increase investment in innovation and technology and to bridge what he referred to as the “huge gap in technology.”
“The days of commodity-based economy are gone. Check all the countries that have made it today – China, South Korea, Israel and others; they don’t have any commodity, do they? They don’t have oil, their economies are knowledge-driven,” the VC explained.
Prof. Ozumba added by saying; “We have developed the university farm; a few years ago we started the diary farm where we rear cattle, producing dairy milk. And then recently, UNN became the first university in Nigeria to set up what we call e-business incubator. Now we have our own incubators and one of the productive students itch the drone he’s producing in Dubai this month, and next month in Finland.”