The need for a proper institutional framework to be established with the role of harnessing and directing funds towards meeting the national ST&I goals led to the enactment of the Science Technology and Innovation (ST&I) Act of 2013. The ST&I Act No. 28, Section 32, of 2013 led to the establishment of a National Research Fund (NRF) with a mandate to mobilize, allocate and manage financial resources to facilitate an effective national innovation system that would create required knowledge and innovations in all fields of Science and Technology for the growing economy.