A COMPARATIVE ANALYSIS OF FINNISH AND NIGERIA BIOECONOMY: BIOENERGY AND TOURISM PERSPECTIVE
A COMPARATIVE ANALYSIS OF FINNISH AND NIGERIA BIOECONOMY: BIOENERGY AND TOURISM PERSPECTIVE

Summary/Abstract: DEVELOPED AND DEVELOPING ECONOMIES NEED TO EXPLOIT THEIR BIOECONOMY CAPABILITIES TO ACHIEVE SUSTAINABLE ECONOMIC GROWTH AND DEVELOPMENT. THIS STUDY SEEK TO EXAMINE THE FINNISH AND NIGERIAN BIOECONOMY FROM THE PERSPECTIVE OF BIOENERGY AND TOURISM. WE USED SECONDARY DATA FROM FOOD AND AGRICULTURE ORGANIZATION (FAO); INTERNATIONAL ENERGY AGENCY (IEA); UNITED NATION WORLD TRADE ORGANIZATION (UN WTO) AND WORLD BANK TO DRAW INSIGHTS ABOUT THE SUBJECT. BASED ON AVAILABLE DATA; DESCRIPTIVE STATISTICS SUCH AS CHARTS AND FREQUENCIES WERE USED TO EVALUATE THE BIOECONOMY OF FINLAND AND NIGERIA. THIS STUDY REVEALS THAT BIOECONOMY IS DESIRABLE TO DEVELOPING NATIONS SUCH AS NIGERIA. FOLLOWING THE DIFFERENCES IN BIOECONOMIC ADVANCEMENT BETWEEN THE FOCUS COUNTRIES; OUR STUDY HAVE SHOWN THAT DEVELOPING COUNTRIES AND NIGERIA; IN PARTICULAR; WILL HAVE TREMENDOUS BENEFIT IF ITS PARADIGM SHIFT TOWARD BIO-BASED ECONOMY. IMPLEMENTING THE MEASURES AND POLICIES OF DEVELOPED ECONOMIES SUCH AS FINLAND WILL DRIVE NIGERIA TOWARDS SUSTAINABLE BIOECONOMY DEVELOPMENT.

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