md
(2022)
SECTION 1
(1) There is established the Raw Materials Research and Development Council of Nigeria (in this Act referred to as “the Council”).
(2) The Council –
(a) is a body corporate with perpetual succession and a common seal;
(b) may sue and be sued in its corporate name; and
(c) may acquire, hold or dispose of any property, movable or immovable, for the purpose of performing its functions under this Act.
Establishment of the Raw Materials Research and Development Council.
SECTION 2
The objectives of the Council is to develop local raw materials and coordinate research efforts in relation to raw materials acquisition, exploitation, conservation and development.
Objectives of the Council.
SECTION 3
The functions of the Council are to-
(a) undertake measures to ensure the systematic exploitation, development and utilisation of Nigeria’s raw material resources;
(b) draw up policy guidelines and action programmes on raw materials acquisition, exploitation and development;
(c) review raw material resources availability and utilisation with a view to advising the Federal Government on the strategic implication of depletion, conservation or stock-piling of such resources;
(d) advise on adoption of machinery and processes for raw material utilisation;
(e) encourage publicity of research findings and other information relevant to local sourcing of industries;
(f) encourage growth of in-plant research and development capabilities;
(g) advise on and devise awards or systems for industries that achieve any break-through or make innovations and inventions;
(h) organise workshops, symposia and seminars designed to enlighten people on new developments and solutions discovered;
(i) consider and advise on special research grants for specific objectives;
(j) undertake research and development on local raw materials for utilisation by industries;
(k) liaise with relevant regulatory agencies for the standardisation of raw materials to meet industrial specification;
(l) promote Nigeria’s competitiveness in raw materials and products development;
(m) establish raw materials analysis and certification laboratories for use by industries; and
(n) consider and advise on any other issue capable of enhancing the objectives of the Council.
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