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NATIONAL BIO-ECONOMY POLICY: A ROUTE TO PROMOTE SUSTAINABLE GROWTH AND DEVELOPMENT IN NIGERIA

. PROF KENNETH AMECHI, IFE


Abstract

The objective of the bio economy is to combine economy and ecology to ensure a more sustainable use of biological resources, Nigeria will continue to surmount the challenges of economic growth and development as much as we continue to explore new and innovative ways to utilize our natural resources and biodiversity. The National Bio-economy Policy in Nigeria is an important step in this direction, as it aims to promote sustainable economic growth and development by creating a bio-based economy that will contribute to the creation of jobs, poverty reduction, and increased access to food and energy. The Bio-economy Policy will also promote the development of new technologies and innovations to increase the efficiency and sustainability of bio-based production systems. Additionally, the policy will work to ensure that the benefits of the bio-based economy are shared equitably among all stakeholders, including smallholder farmers, rural communities, and indigenous peoples. The National Bio-economy Policy has the potential to be a game changer for our country, as it will enable the nation to harness the full potential of our biological resources and biodiversity. Finding showed that with the implementation of this policy, we will be able to create a more sustainable and inclusive economy that will benefit all Nigerian stakeholders to support and actively participate in the implementation of this policy, as it is a crucial step towards building a more prosperous and sustainable future for our country.

Key Word: National, Bio-Economy, Policy, Route, Promote, Sustainable, growth, Development, Nigeria

            

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