During a speech at the 47th Annual General Meeting of the Abeokuta Chamber of Commerce, Industry, Mines and Agriculture, Prof. Samuel Oluwalana from the Federal University of Agriculture, Abeokuta, emphasized that Nigeria is missing out on a significant amount of revenue by failing to export human feces, cockroaches, and scorpions to foreign nations.

Drawing attention to the fact that the American government earns $3.5 billion annually by utilizing these resources to safeguard astronauts in space, the Professor of Forest Resources Management highlighted the theme of "Unearthing The Treasures In The Forest."

 

Additionally, the professor emphasized that Nigeria has a significant opportunity to generate billions of Naira by exporting a substantial quantity of cockroaches to China, where they are consumed.

Drawing upon indigenous knowledge, he presented various examples of how forest and animal resources can be utilized for improving health, fostering commerce, and creating wealth. Expressing his concern, he questioned why a country like Nigeria, abundantly endowed with vast forest resources, continues to struggle with extreme poverty and health issues.

He specifically mentioned ailments such as cancer, diabetes, hypertension, bile disorders, ovarian cysts, sexually transmitted diseases (STDs), blocked fallopian tubes, infertility, and fibroids, highlighting the potential of plants and animal resources from Nigeria's expansive forest regions in addressing these health conditions.

 

According to his remarks, he highlighted that butterflies are valued at $500 per unit in Singapore, suggesting that Nigeria could adopt South African practices by cultivating bees. He also mentioned the financial benefits of cricket. Moreover, he noted the high value of Nigerian scorpions, priced at $50,000 each, and emphasized the immense potential of scorpion venom, with a gallon (approximately 4.75 liters) valued at $99 million. He pointed out that the Chinese are already capitalizing on this resource, suggesting that rather than destroying scorpions, they can be sold instead.

 

Furthermore, the lecturer mentioned the growing demand for cockroaches as a food source, noting that while Nigerians don't typically consume them, other regions do, presenting an opportunity for Nigeria to produce and export cockroaches to meet this demand. He shared an example of a Chinese individual who amassed a fortune by owning six billion cockroaches overnight, illustrating the financial potential in this venture.

 

Human faeces can be transformed into charcoal suitable for cooking purposes. Presently, Americans are projected to generate $3.5 billion annually by extracting gold from human feces. Moreover, human feces are being transported to space to safeguard astronauts.

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