Global Network for Knowledge and Development (GNKD) to collaborate with Federal Ministry of Finance


Global Network for Knowledge and Development (GNKD) to collaborate with Federal Ministry of Finance to implement knowledge economy, governance support project


Haruna Isa (Abuja)

Global Network for Knowledge and Development (GNKD) held an interactive meeting with the Director of Special Projects at the Federal Ministry of Finance on Tuesday 4th September, 2018.The meeting was held at the conference room of the Special Projects Department with representatives from the Procurement, Human Resources and Finance and Admin Departments, including the media. 


Mr. Sadiq Abubakar Jikta,Chairman, GNKD

The meeting was declared open by the head of the FMF team, followed by individual introduction. The Chairman of GNKD Mr. Sadiq Abubakar Jikta gave an opening remark, followed by a visual presentation by Mr Benedict Agunloye Olalekan the GNKD secretary. The meeting covered a visual presentation of the ‘Knowledge Economy and Governance Support Project (KEGSP)’, for the FMF to have an overview of the KEGSP which is a strategy to promote Knowledge Economy (KE) and Knowledge based Development in the Country.

The Ministry was made to understand the key concepts of KEGSP which is targeted at providing the knowledge, skills and information required for the implementation of reforms, policies and programmes of development to the Federal, States and local governments in the country, specifically in the following key thematic areas of development:

ICT/e-Governance element of the Public Service Reforms (PSRs)

Public-Private partnerships for Infrastructure Development Policies

Human capacity and Entrepreneurship Development programmes of Government at all levels.

The Office of the Secretary to the Government of the Federation (OSGF) and the Federal Ministry of Budget and National Planning (BNP) all have roles to play in the KEGSPs (KE/KED) development programme, to ensure overall achievement of it objectives, against the background of the fact that world economies are driven by knowledge acquired through technology and information.


The presentation made by the GNKD explored adaptation options, planning strategies, the procedure for operations and management, training for human and institutional capacity enhancement and technology infrastructure improvement in governance at all levels.


Discussions where focused on potential steps that the country can take to ensure  national implementation of a Knowledge Economy and Knowledge based Development to make Nigeria a Knowledge Based Society.


The justification for the need to have a national programme for KE /KED development was emphasized, given the widespread weaknesses or the lack of adequate capacity to implement reforms, policies and programmes of development affecting the public service systems, and the country in general.

Meeting the challenge of bridging these gaps has not been very effective and it was agreed that the challenges has been caused by lack of well-coordinated efforts, failure to address the complex training needs, poor involvement of key operational stakeholders amongst others, these has contributed to the capacity lapses affecting public sector system in the country, there is the need for huge investment in knowledge skills, and information dissemination in the country’s public services to improve efficiency, quality and relevance of service delivery to the citizens.

It was further highlighted that knowledge economy is fast becoming the next paradigm shift, and a strategic asset for economic development, which provide the capacity to adapt to the changing world. It was agreed that government need to take advantage of the new trend, by harnessing the advantages provided by KED. The experience of the Asian Tigers is one clear example of how knowledge acquired through human capital can drive economic growth and development of nations. 


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