A Professor of Medical Microbiology and Microbial Genetics, Emmanuel Olufemi Ekundayo of the Federal University Lokoja, Kogi State has called on government at all levels to take the advantage of potentials abound in biotechnology to generate income and create jobs for Nigerians.
Professor Ekundayo made the call while delivering the 34th Inaugural lecture series of the Federal University Lokoja held at Adankolo Campus of the institution in Lokoja.
According to him, by virtue of the population of Nigeria, and the increasing demand for food and healthcare, the country has
the potential to build bio-based industries that can create jobs and reduce import dependency.
Speaking on the title “Biotechnology: The Science, The Products, And The Business: Harnessing Indigenous Bioresources For National Bioeconomy, Professor Ekundayo noted that some opportunities lay in biopharmaceutical manufacturing, agricultural biotechnology for climate-smart farming, and bio-based enterprises that convert local biomass into fuels and fertilizers among others.
“Biotechnology as a business is the bridge between laboratory discovery and societal impact. It encompasses not only the commercialization of products but also the creation of economic value, jobs, and industries.
“While the global North has made biotechnology a cornerstone of its knowledge economy, Africa and Nigeria in particular must now rise to the challenge of embedding biotechnology into national development strategies.
“Harnessing this potential requires not only science but also business acumen, policy innovation, and investment in the bio-economy”
Earlier in his address, the Vice Chancellor of the University , Professor Olayemi Akinwumi described the inaugural lecture series as an opportunity for the audience to gain insights into the lecturer’s field of study, their contributions to knowledge, and how such work impacts society.
The Vice Chancellor expressed appreciation to the family of Professor Ekundayo for their support, encouragement, and sacrifice throughout his academic journey.
“Indeed, his success and achievement today are not unconnected to your love, prayers, and understanding. You share in this glory, and we celebrate you as well” the VC said.