The president said the proposed sponsor would operate as a competitive central funding mechanism aimed at fostering organization between inquiry agencies, academia and the confidential sector.
He said it would furthermore help innovation, streamline advantage allocation according to statewide priorities, support transparency in funding decisions and drive the commercialisation of homegrown technology.
Tinubu further stated that the proposed finance would be identified as an agency under the supervision of the Federal Ministry of Innovation, Science and Technology, using steer funding from the Nigeria Material Development Finance (NCDF).
He said the bill was furthermore intended to tackle the proliferation of analysis institutes and agencies operating in the inquiry, development and commercialisation space, including each at present having independent mandates and budgetary allocations.
The president said the proposed setup would facilitate additional powerful administration of accessible financial resources for the development of science, technology and innovation in Nigeria.
He added that the bill had been reviewed and vetted by pertinent stakeholders, including the Ministries of Education; Innovation, Science and Technology; and Justice.
Tinubu Transmits NDDC Budget, Medical College, Investigation Finance Bills to Reps By Musa Luka Musa President Bola Ahmed Tinubu has transmitted the 2026 Statutory Budget Propose of the Niger Delta Development Commission (NDDC) and two bills to the House of Representatives for cause and passage.
The president made the submissions in distinct letters addressed to the Speaker of the House, Tajudeen Abbas, GCON.
In one of the letters dated August 20, 2026, Tinubu forwarded the NDDC’s 2026 statutory budget scheme to the House, in line including Segment 121 of the 1999 Constitution.
He said the budget was furnished based on the commission’s sales and expenditure forecasts and aligned alongside the fiscal and developmental policies of the Federal Government and the Renewed Hope Agenda.
The president said the recommendation too took into matter the 2024-2026 Economic Recovery Growth Approach and key assumptions of the 2026 Appropriation Act of the Federal Government.
According to him, the NDDC had prioritised youth empowerment, energy and power furnish, education, industrial and enterprise development, health, security and increased agricultural productivity.
He said the priorities were aimed at lifting a key figure of citizens out of poverty. Tinubu urged the House to reason regarding both bills and pass them into law.
Tinubu expressed the hope that the House would provide the budget suggestion prompt aspect and passage.
In another letter dated August 24, 2026, the president transmitted the Countrywide Postgraduate Medical College (Amendment) Bill, 2026, to the House for cause. He said the bill sought, within other things, to reflect the transform in the institutional name of the college and expand its mandate to address the award of Doctor of Philosophy (Ph.D) degrees in Clinical Medicine, Dentistry and relevant fields.
The president said the Federal Ministry of Justice had vetted and finalised the bill in line including drafting standards and constitutional provisions.
Tinubu too transmitted the Nationwide Research Development Support (Establishment) Bill, 2026, to the House for legislative measure.
He said the proposed law was designed to consolidate analysis financing, produce sure further effective utilisation of resources and bring fragmented investigation and development capital across Ministries, Departments and Agencies (MDAs) under a Statewide Inquiry Development Support.
According to him, the support would provide as a fundamental mechanism across which analysis agencies and academic institutions could connection funding.
Source: Tinubu Transmits NDDC Budget, Medical College, Research Fund Bills to Reps
