Former Senator and Labour Party's governorship candidate in the 2023 Imo State election, Athan Nneji Achonu, yesterday disclosed that the National Assembly was already working on a bill aimed at legalizing cannabis for medicinal and economic purposes. The LP chief, therefore, urged the federal government to embrace the move to legalize and regulate the cultivation and processing of crops for both medicinal and industrial purposes.
He warned that Nigeria was "sleeping on a multi-trillion-naira opportunity," while other countries race ahead. Achonu, who stated this while addressing journalists in Abuja, described cannabis, often demonized in Nigeria, as "green gold."
The Labour Party chieftain said, "I sponsored a similar bill when I was in the Senate, but it was not passed because Nigerians chose to demonize its usage.
"In my recent interactions with some members of the current National Assembly, I discovered that there is a bill in the Senate seeking legislative backing for the usage of Cannabis for both medicinal and economic purposes, with strict regulations to avoid abuse."
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