×
The House of Representatives plans to legalise the use of Cannabis sativa for economic benefit in Nigeria.
The House Spokesperson, Benjamin Kalu, disclosed this at a media briefing on the benefits and opportunities of Cannabis sativa in Akure, Ondo State, on Monday.
He said the lower legislative chamber would organize a two-day stakeholders’ roundtable on the benefits of Cannabis in Nigeria.
The roundtable, according to him is slated to hold between June 7 and June 8 and will be attended by scientists, medical and pharmaceutical professionals, farmers, insurance companies, business executives, and private sector investors.
Kalu said South Africa and other countries are currently reaping high revenue from Cannabis which they export to other countries.
The spokesman said: “Nigeria has been described as oil-dependent and not oil-rich. It is a worrying reality that we have not optimized the financial advantage that our oil reserves can provide us to diversify our collective investment and revenue sources.
