Economic Empowerment Lies in Chemical Industry – Oluyemi

Economic Empowerment Lies in Chemical Industry – Oluyemi

Economic Empowerment Lies in Chemical Industry – Oluyemi

Faculty, Staff and Students of Chemistry Department with Guest Lecturer

A Chemist, Mrs. Adebola Oluyemi, has warned that a country that would not develop her Chemical Industry would just be a trading nation. “Therefore, the economic empowerment lies in chemical industry,” she said.

Oluyemi gave the warning on Thursday, October 13, 2016, while delivering a lecture on, “Chemistry: Bedrock of Economic Empowerment,” at a Town and Gown interaction organised by Chemistry Department of Covenant University.

The Guest Speaker, who is also a Principal Consultant/Public Analyst, Delpha Integrated Quality Services Limited, Ota, explained that chemical industry consists of all companies engaged in converting raw materials obtained from the environment into chemical intermediaries. “In conversion of basic element/materials from environment lays the power of Chemists,” she added.

Oluyemi decried the importation of almost everything that could be produced in the country, noting that this is a critical period in the nation because of foreign exchange. “The real issue that needs to be tackled lies in the availability of raw materials to make intermediate and end products. This is where the power and strength of Chemists lies,” she emphasised.

She, however, told the audience made up of faculty, staff and students of the Department that though, many things have been discovered, all they need do to be financially empowered (to be financially free and make impact economically) was to simply follow the defined procedure with technology transfer.

She also listed and explained what she called core areas of empowerment including production of both organic and inorganic chemicals; synthetic chemicals, especially in the synthesis of Active Pharmaceutical Ingredients (APIs); as well as materials conversion from plants origin.

Oluyemi advised the audience, particularly the students to start business and engage in conversion of tertiary raw materials to finished consumer goods, noting that good and strong business starts small with commitments and nurturing to grow it. “God has already blessed us as a nation, all we need to do is to start taking the right action,” she noted.

She called on the government and its agencies to support private companies in the provision of facilities, relaxation of policies on tax/levies and provision of cushion-effect in times of crisis.

While earlier setting the tone for the lecture, the Head of Department, Chemistry, Dr. Akan Williams, noted that the town and gown interaction provides a life time opportunity that would stand the test of time in their lives adding that they may not know where the knowledge would be required in the cause of their studies and careers in Chemistry.