Mustapha said this in Abuja on Tuesday during an interview with the News Agency of Nigeria (NAN).
The D-G said that biotechnology provides a knowledge-based approach to solving public problems.
He said this was demonstrated during the height of the coronavirus pandemic, where biotechnology provided a quick and safe solution to various challenges that arose from the pandemic.
He told NAN the Act establishing the organisation confers the authority on the agency to conduct research and development in biotechnology; in priority areas such as food security, agriculture, health, industry and environment.
According to Mustapha, the significance of the Act is that NABDA now has a legal framework that guides and guards its researches.
“In addition, the Act will enable the agency draw up programmes and policies for biotechnology utilisation in Nigeria; create an avenue to publish and disseminate research findings and recommendations of the agency on biotechnology”, he said.
Mustapha also said the passage of the Act would stimulate the rapid commercialisation of biotechnology research and development products.
“Also, for his vision to use biotechnology to foster socio-economic development, enhance the wellbeing of Nigerians and promote social stability.
“His prompt assent to the National Biotechnology Establishment Act, 2022 is another clear demonstration of government’s commitment to transform Nigeria from a consuming, Import-dependent nation to a producing, export–oriented economy,’’ Mustapha said.
He told NAN that by passaging the Bill into a law the lawmakers have demonstrated their sound understanding of the dynamics of development in a globalised knowledge economy.
He said no nation could replicate the development `miracle` of the Asian Tigers while insulating science from democracy.
He said this was aimed at ensuring that indigenous cattle increased their milk and beef production capacity.
“Also, the agency has helped to meet critical needs in Nigeria by identifying indigenous bacteria as Starter Culture for yogurt and other dairy uses.
“Additionally, a thermal resistant yeast was developed for bio ethanol production, bakery and other food beverages,’’ Mustapha told NAN.