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May 29, 2024

NABDA Calls For Increased Private Sector Involvement as Nigeria Eyes $1.37tr Global Biotechnology Market

To explore the global biotechnology market estimated at $1.37 trillion, the National Biotechnology Development Agency,(NABDA) has called for an increased private sector to enable the nation to ride on a crest of entrepreneurial success and innovation. 

The Director General and Chief Executive Officer NABDA, Abdullahi Mustapha, speaking during an Interactive session on Navigating Biotech Frontiers for Accurate Science Communication held in Lagos, indicated that a number of  factors would aid  the  expansion of  the  sector, including  demand for  bio agriculture products boosted by  integration of technology into  plant breeding .

However, the agency is supporting the agriculture sector with the infrastructure to make a transition from small scale to science driven farming with research for advanced technologies. 

According to him, biotechnology is emerging as a sunrise sector with a number of Nigerian organizations demonstrating successes in bio innovation and bio manufacturing is a highly anticipated and sought-after outcome, adding that the country was warehousing a promising biotech industry that needs more attention.

He noted that: “Biotechnology, as many of you know, is a transformative field that has the potential to address some of the most pressing challenges facing our nation and the world at large. From agriculture to healthcare, from environmental conservation to industrial innovation, biotechnology is at the forefront of driving positive change. However, for agricultural biotechnology to reach its full potential, it must be understood, accepted, and embraced by the public. It is our shared responsibility to ensure that accurate and balanced information about agricultural biotechnology is readily available to all Nigerians. This will empower them to make informed decisions about its applications and impacts on our society.”

He said for biotechnology to achieve its full impact, the media must play a crucial role in informing the public about advancements and their implications.

His words: “It is the bridge that connects complex scientific discoveries with the broader society, translating technical jargon into understandable language, and fostering informed discussions. Therefore, it is imperative that we engage in a constructive dialogue on how the media can better cover agricultural biotechnology, biosafety and related topics.”

On her part, Director General/CEO National Biosafety Management Agency (NBMA) Dr. Agnes Yemisi Asagbra,  reiterated  that  only confirmed safe genetically modified organisms (GMOs) GMOs  are  permitted in Nigeria.  

She  maintained  that NBMA is committed to ensuring proper regulation of modern biotechnology and its products so that it does not cause harm to human health and the environment.

She further explained that the agency, ensures this through the application of laws, policies, regulations, guidelines, knowledge, techniques, measures, equipment, and procedures for minimizing potential risks that modern biotechnology and GMOs might pose on the conservation and sustainable use of biodiversity, taking into account risks to human health and the environment.

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