The fourth Annual University Lecture was grand as the Director General NAFDAC Prof. Christiana Mojisola Adeyeye, the egg head in the regulatory agencies delivered the lecture titled: Sustainable Development and Growth for the Millennial Entrepreneur: The Role of Regulatory Agencies
Prof. Adeyeye while delivering her lecture admonished that the best university in the world is the You-niversity, she encouraged students to make good use of the grooming, teaching and conducive environment, research opportunity and mentorship been offered them in Kings University.
The Guest Lecturer, gave a detailed exposition of Sustainable Development Growth for the Millennial Entrepreneurs while highlighting the three primary objectives of the sustainable development as listed below:
• Economic growth – building a strong, competitive economy, by ensuring that sufficient opportunity of the right type is available in the right places and at the right time to support growth and innovation
• Environmental protection – contributing to protecting and enhancing our natural and developed environment, while helping to improve biodiversity, use natural resources wisely, minimizing waste and pollution, and adapting to and helping to decrease climate change.
• Social inclusion – supporting strong, vibrant and healthy communities by providing the supply of housing required to meet the needs of present and future generations; and by creating a high-quality of development, with accessible local services that reflect the community's needs and support its health, social and cultural well-being.
According to the Guest Lecturer, Sustainability is the foundation for today's leading global framework for international cooperation – the 2030 Agenda for Sustainable Development and its Sustainable Development Goals (SDGs).
Prof. Mojisola, stressed on the roles of regulatory agencies and stated the basic role of the regulatory agencies in all these is facilitating the process and embracing the use of ICT in service delivery.
Millenials she said have opportunity for growth in regulatory science where standards and new tools needed for evaluation of the quality, safety and efficacy of medicines, vaccines, diagnostics, medical devices, food, water and beverages are learnt. The goal is to determine the benefit-risk ratio in order to understand sound regulatory decision that will protect the health of the population. The digitalization of the regulatory processes is another area where millennials can fit in very well due to the seamlessness that results from such implementation. The tools will be needed for effective entrepreneurship.
With NAFDAC regulated products, lots of innovation have taken place in food formulations and the packaging of local foods. NAFDAC identified the challenges of Micro, Small and Medium Enterprises (MSMEs) in registration of their products with NAFDAC and therefore instituted several activities which include further review of guidelines and streamlined registration processes to handle their peculiar difficulties. The aim is to remove critical bottlenecks and bureaucratic red tapes that hinder the smooth registration and regulatory activities of MSMEs.
Prof. Mojisola in closing, advised all the jambites and stalite never to sit on their dreams but to build character and courage, to administrators, lecturers, leaders and councillors to let this lecture be the beginning of a new don in acquiring new knowledge, skills and endeavour to have an innovative mind in other to proffer solution to hidden problems.
Be creative, be innovative and be assured that Kings University is a good medium for that and the world is waiting for your innovations.