A university teacher, Prof. Tope Ajayi, has said that forestry has the potential of helping to create dependable economic fortunes for the Federal Government and the 36 states in their ongoing economic diversification efforts, if properly harnessed.
Ajayi made the assertion yesterday in Ado-Ekiti during an interview with newsmen.
The professor of Forestry and Wood Technology at the Federal University of Technology, Akure (FUTA), said billions of naira is lost on yearly basis due to inactivity in the forestry corridor.
According to him, forestry business can create sustainable wealth, enough to cater for the needs of the various levels of government, as demonstrated in certain countries of the world
He said the veritable revenue sources, huge employment opportunities that abound in the forestry sector would change the fortunes of the country for good, if proper attention is deployed.
According to him, initiating effective policies on the economic growth of forestry business would also enhance the nation’s export trade.
He expressed regrets that some of the states had been playing politics with implementation of forest laws, thereby causing  destruction to country’s potential in the subsector, and subjecting people to dangers of global warming, erosion and  flooding.
He insisted that good investments in forest value chain could create wealth through provision of raw materials and finished products for industrial growth, saying these could also engender foreign earnings for the country.
“ There are a lot of gains in the forest value chain and it can add values to our economy, if fully harnessed.
“ In 1982, I produced a particle board using urea formaldehyde as binder and I was given a national recognition.
“The depletion of wood resources and accompanying saw dust gave me the impetus to conduct research on the possibility of using agricultural wastes to producing particle board for flooring, partitioning, furniture and other industrial and household use.
“I investigated the use of groundnut shell, rice husk, beans coat, maize stalk and other agricultural wastes using urea formaldehyde, recycled plastic, car battery case, cement and pozzolan as binder.
“Nigeria can indeed gain enormous economic benefits these research outputs are up-scaled and commercialised,” he said.
Ajayi disclosed that the reason  why Ondo and Ekiti, in particular  had not been able to tap their forest potential maximally was that they were fond of  playing politics with the extant forest laws.
He said in some states, sawmill operators, timber contractors and others are going to the free forest areas and forest reserves to fell trees indiscriminately.
The don further added that by forestry laws, there are areas where you can only cut five trees, there are areas where you have to cut one tree and plant four in replacement as well as game reserves in our forest reserves, where one can not kill animals.
He lamented how governments have been receiving all these reports and allegedly looking away pretending as if nothing was happening.
He therefore suggested that only professionals, whose major responsibility and goal is to ensure the protection, proper management, and sustainable utilisation of forest resources for economic gains among others be saddled with management of forest reserves.