Abstract:
Nigeria’s Contribution to RSIF: Nigeria has participated in several PASET Forums
and events. Nigeria has pledged to contribute USD 4
million to RSIF. Once the agreement is signed, Nigeria
will formally join the PASET governance bodies. 80%
of Nigeria’s contribution will directly support training
of Nigerian scholars in the RSIF PhD scholarship
programme.
The potential of Nigeria’s innovative expansion due to
investment in RSIF is multiplied when leveraged by the
funds through matching support from various donors,
including the Government of Korea, international
partner institutions and others.
By contributing to RSIF, Nigeria will benefit from
joint resource mobilization with other countries
and capacity building for PhDs and research and
innovation far into the future. PASET aims to mobilise
over USD 500 million into the RSIF permanent fund, with an estimated 20% to be allocated to research
and innovation projects for the benefit of citizens and
institutions of participating countries. Many African
countries are interested to be part of this.
