The Open Forum on Agricultural Biotechnology (OFAB), a biotechnology informative platform, says Nigeria could rake in 638 million dollars in six years through cowpea export with the adoption of Biotech(Bt) cowpea by the Federal Government.
Dr Rose Gidado, OFAB Country Coordinator said this in an Interview with the News Agency of Nigeria (NAN), on Monday in Abuja.
She said the figure was based on a study conducted by Programme for Biosafety Systems (PBS) and International Food Policy Research Institute (IFPRI), under Biosafety and Biotechnology Rapid Assessment and Policy Project (BioRAPP).
Gidado said that the adoption of Pod-borer Resistant Cowpea (PBR) will enhance the outputs of Nigerian farmers, thereby impacting positively on the nations’ economy through cowpea export.
She said that PBR has about 105 returns on investment, adding however, that a five year delay would decrease the rate of return by half or 54 per cent.
She said the institute also produced TELA maize, a transgenic drought-tolerant and insect-protected maize variety.
Gidado also said that the National Root Crops Research Institute, Umudike working in collaboration with Donald Danforth Center, Missouri, also produced cassava – VIRCA Plus, a pro-vitamin A and mosaic virus resistance variety.