The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, stated this at the 33rd convocation lecture of the Federal University of Technology, Akure on Thursday.

The minister stated that for the country to develop, there were three key sectors that must be identified and improved upon – agriculture, manufacturing and servicing – which had been used to measure the Gross Domestic Product since 1980.

The minister, whose lecture was titled  “Knowledge and research as a foundation for prosperous economy”, said universities of technology must rise more to the challenges of technological advancement in the country.

Tijani said universities must be creators of jobs through technological advancement, and urged students to embrace self-investment.

He noted, ”With the level of water body we have, fishery is not growing, we depend on importation of fish.