THE PROSPECTS OF AGRICULTURAL BIOTECHNOLOGY TO ENGENDER ECONOMIC GROWTH IN NIGERIA
DOI:
https://doi.org/10.51594/ijmer.v4i6.347Abstract
The Nigerian government has openly publicized its intentions in commercializing agricultural biotechnology as an aid to realize food security in the nation. With a population estimated to be 200 million, the avoidance of food crises is at the core of the efforts of the federal government. One of the solutions to this problem adopted by major economies is agricultural biotechnology. Notwithstanding this truism, the country has not benefited exponentially from this technology. This paper will therefore investigate the issues hindering ample development of agricultural biotechnology in Nigeria while seeking a potential workable improvement to the trajectory in order to impact economic growth positively. The findings show agricultural biotechnology has the capacity to maneuver the underperforming agricultural sector into a viable one that can drive tremendous growth in Nigeria if a culture of Science and Technology on agric-biotechnology is embarked on, budgetary allocations that can fund research and development in this field is made and close monitoring to ensure compliance and quality control by all stake holders is maintained.
Keywords: Biotechnology, Agriculture, Economic Growth, Nigeria.
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Copyright (c) 2022 Onuselogu Odidi, Chinyere Faith Ekwunife, Ebele C. Igwemeka, Grace Chinyere Eje
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