TETFUND, NACIMA sign MoU to boost research, innovation, industry-ready graduates
By Uji A Iliyasu, Abuja
The Tertiary Education Trust Fund (TETFUND) and the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACIMA) have signed a Memorandum of Understanding (MoU) to strengthen research, innovation, and the production of industry-ready graduates in Nigeria.
Speaking at the signing ceremony in Abuja, TETFUND Executive Secretary, Arch. Sonny Echono, said the partnership aligns with the Federal Government’s drive to build a skills- and innovation-driven economy. He noted that the collaboration is the product of long-standing engagements between both organisations and reinforces the triple helix model involving government, industry, and academia.
Echono stated that the MoU focuses on promoting research that addresses industrial and societal needs, commercialising research outcomes, advancing skills development and entrepreneurship, encouraging industry-academia investment, and boosting job creation and inclusive innovation. He stressed that equipping Nigerian youths with critical thinking, cultural awareness, and problem-solving skills would not only propel national development but also position the country to respond to global skills shortages.
NACIMA President, Engr. Jani Ibrahim, described the MoU as a vital step toward strengthening industry-education collaboration. He said it would provide structured access for the private sector to engage academia, support industry-relevant research, expand internship and industrial attachment opportunities, and improve commercialisation of innovations.
According to him, development must be driven by knowledge, enterprise, skills, and strong partnerships. He added that the initiative aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises improved research infrastructure, funding efficiency, and technology-driven learning.
Ibrahim emphasised that the agreement marks the beginning of a long-term strategic effort to build a stronger education-industry ecosystem, enhance national competitiveness, and expand opportunities for young Nigerians and businesses.