Israel will assist Nigeria to develop methanol fuel production technology, the Minister of Science and Technology, Dr. Ogbonnaya Onu, has said.
Dr. Onu disclosed this when the Ambassador of the State of Israel to Nigeria, Shimon Ben-Shoshan, visited him in his office in Abuja on Tuesday.
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The minister said Nigeria’s partnership with Israel had helped considerably in its quest for a knowledge and innovation-driven economy.
He said the Memorandum of Understanding (MOU) signed between the two countries for the implementation of methanol fuel production technology would be beneficial to Nigeria in its diversification process.
He explained that the methanol fuel production technology would expand the chemical industry value-chain, preserve the environment, replace kerosene as household cooking fuel and contribute to efficient and effective transportation.
Daily Trust learnt that the methanol technology will also help in climate change mitigation, improve electricity generation and help in economic diversification of the country.
Other benefits of the technology include stimulating foreign investment in the oil and gas sector, as well as “creating employment opportunities for our teeming youths,” he added.
Amb. Ben-Shoshan said he came to brief the minister on the forthcoming Innovation Fair (I-Fair) with the theme: “Transforming Ideas into Information”, which the Israeli embassy was co-sponsoring to raise a generation of innovators, researchers and inventors in Nigeria by offering them a platform to transform their ideas into innovative solutions.
The fair is open to all Nigerian citizens above 21 who have innovative ideas in agriculture, food security, among others.
