will be geared towards satisfying the obJectives of the New Economic Polley (NEP) and the Implied science pol Icy In the country I.e. science and technology will be used as a tool for development. In relation to transfer of technology, a two prong­ ed strategy will be adopted to strengthen the acquisition, absop­ tlon, adaptation of technology from abroad by encouraging the setting up of Joint venture Industries, Import of machineries and capital goods. The strategy used Is, firstly, to develop an Internal atmosphere within the country fo~ efficient and unhin­ dered Inflow of appropriate technology Into priority targeted Industries and secondly, to build up local ·expertise In the acquisition of technology through better technological Informa­ tion services, technology consultancy services, technology scree­ ning and evaluation services, fiscal and physical Infrastructures so that buyers of technology are In a stronger bargaining posi­ tion to acquire the technology at the most reasonable cost. Measures are also taken to ensure that the terms of con+~actual agreements on technology transfer are fair to the buyer and seller and do not Jeopardise the Interests of the nation. In relation to endogenous technologies, the strategy adopted Is to encourage scientific research Institutions In the country to come up with endogenous technologies appropriate 'to local conditions and to strengthen extension services of such Institu­ tions so as to transfer these know-how to the targeted groups. Attention Is also given to strengthening the Infrastructure for technology transfer In research Institutions and the commerciali­ sation of their research results. Research Institutions wll I play a maJor role In developing their technical consultancy services to the Industrial sector so that the Industries can achieve a certain level of technical know-how and expertise to review, adopt and adapt technologies to achieve a status of self­ reliance In technology capability. On the other havd, Industries 
**Analysis**
The text discusses the country's strategy for technology transfer and development, focusing on the acquisition, adaptation, and commercialization of technology to drive economic growth and self-reliance. It highlights the importance of scientific research institutions and industries in developing technical expertise and know-how.

**Category**
Economic development, Industry, Science and technology