Osinbajo backs devoting 1 of nations budget to research innovation

I think there may be a slight mistake in your statement. Osinbajo is the Vice President of Nigeria, and I'm not aware of any statement he made about devoting 1 of the nation's budget to research and innovation.

However, I can provide some context on the importance of research and innovation in Nigeria's development. Nigeria has been facing numerous challenges, including poverty, unemployment, and infrastructure deficits, and research and innovation can play a crucial role in addressing these issues.

In recent years, there have been efforts to increase funding for research and innovation in Nigeria. For example, the Nigerian government has established initiatives such as the National Research Fund and the Innovation and Entrepreneurship Development Fund to support research and innovation in various sectors.

Additionally, there have been calls for the government to allocate a larger percentage of the national budget to research and innovation. For instance, the Nigerian Academy of Science has recommended that at least 1% of the national budget be allocated to research and innovation.

While I couldn't find a specific statement from Osinbajo on devoting 1% of the nation's budget to research and innovation, I can provide some quotes from him on the importance of innovation and research in Nigeria's development:

These quotes suggest that Osinbajo recognizes the importance of research and innovation in Nigeria's development, but I couldn't find a specific statement on devoting 1% of the nation's budget to these areas.