diversification

Tag: diversification

Omoleye Omoruyi November 24, 2017

FG restates resolve to diversify the economy through culture, tourism

The Minister of Information, Culture and Tourism, Alhaji Lai Mohammed has restated the Federal Government’s resolve to diversify the economy through massive investment in culture and tourism. Mohammed highlighted this…

Omoleye Omoruyi November 17, 2017

Debt servicing may gulp 60% government revenue – IMF

The high costs of debt servicing may cause problems for Nigeria and other oil producing countries in Africa - Angola, Gabon, the International Monetary Fund (IMF) has warned. Why this matters: The…

Omoleye Omoruyi October 5, 2017

Nigeria exported yam to the U.S. and this happened

The Minister of Agriculture, Audu Ogbeh says the United States rejected yam exports from Nigeria due to poor quality. Reference: In June, Nigeria exported yams to China, United Kingdom and…

Omoleye Omoruyi October 4, 2017

“Very soon, Nigeria will drink her crude oil” – Ezekwesili

A former minister of education, Oby Ezekwesili has warned against the continued dependence on oil for revenue. Ezekwesili said this while speaking on Tuesday at the 2017 civil engineering conference…

Omoleye Omoruyi September 14, 2017

Crude oil “is getting its last years” – Kachikwu

The Minister of State for Petroleum Resources, Ibe Kachikwu says will no longer be an income resource in 10 years’ time - considering the world is moving away from oil. Dr Kachikwu said…

Omoleye Omoruyi August 1, 2017

Niger is diversifying to become non-reliant on oil – Gov Bello

Governor of Niger, Abubakar Bello says the state is preparing for a Nigeria without oil and is diversifying to provide alternative sources of revenue. Bello, who spoke in New York…

Roqeebah June 29, 2017

[The Presidential Blog] If you like pounded yam, you better read this

Or Yam and egg. Or Yamarita. You get the drift. If you like anything that is made with yam, this message is for you. It's from the Minister of Agriculture…

Roqeebah December 1, 2016

‘This candid editorial on the President’s economic leadership should be placed before him’

Sadly, it's no longer news that Nigeria is in a state of economic distress. The butterfly effect of the recession that was confirmed after several months of denial by the…

Oludolapo Adelana October 10, 2016

Nigeria needs to diversify the economy – Buhari

President Muhammadu Buhari says the time has come for Nigeria to diversify its economy and break away from its over dependence on oil. Buhari made the remark on Monday while declaring open…

Oludolapo Adelana October 3, 2016

Restructuring will stop over-dependence on federal allocation – Atiku

Former Vice President and All Progressives Congress (APC) chieftain, Alhaji Atiku Abubakar has once again reiterated his call for the restructuring of the country, The Sun reports. Atiku made the call in…

Op-ed Editor October 1, 2016

Olusegun Adeniyi: From luggage economy to knowledge economy – which way Nigeria?

There is this story of a Nigerian who decided to open a clinic and put a sign outside which reads: “Get treatment for $25 and if not cured, get $100…

Oludolapo Adelana August 18, 2016

10 takeaways from VP Osinbajo’s latest commentary on the economy

Vice President Professor Yemi Osinbajo has been speaking about the economy since he assumed office. Osinbajo who is saddled with the task of managing Nigeria's economy as the Chairman of…

Mazi Emeka July 26, 2016

‘Diversification cannot happen over four years’ | Okonjo-Iweala

Former Minister of Finance, Ngozi Okonjo-Iweala, has said that diversification of an economy doesn't happen overnight, noting that it cannot happen within four years. Okonjo-Iweala, who is also the senior…

President Buhari's bodyguard allegedly linked to Boko Haram

Mazi Emeka July 26, 2016

‘We will diversify Nigeria’s economy’ – Buhari

President Muhammadu Buhari, on Monday, said that Nigeria was learning how to diversify her economy and reduce its reliance on oil. The President stated this when he was paid a…

Azeez July 20, 2016

Ebonyi is growing its IGR faster than others, Kwara is slowest

The Speaker of the House of Representatives, Yakubu Dogara, has stated that the country has to diversify its economy from dependence on oil revenue. Dogara was speaking at the Chattered…

Isime Esene June 23, 2016

Opinion: The debate about Nigeria’s economic diversification

by Ayodele Adio The debate about the diversification of Nigeria’s economy seems to have elicited keen interest within and among the political class. There have been big talks about investing…

Op-Ed Editor June 17, 2016

Babajide Ajidagba: Rationalising governance beyond ‘economic diversification’ (Y! Naira&Kobo)

By Babajide Ajidagba One of the often used words by President Buhari, Vice President Osinbajo and others on their team during the last general election and the year since is “economic…

Op-Ed Editor June 12, 2016

Opinion: Why Nigeria needs to urgently diversify its economy

By Ola Rotimi Currently, Nigeria’s economy is faced with venomous challenges- 27 of the 36 states in Nigeria are unable to pay workers’ salaries, the existing infrastructures are swiftly becoming…

Op-Ed Editor February 29, 2016

Opinion: Buhari’s futile quest for oil in the North and the promise of diversification

The Nigerian government led by President Muhammadu Buhari allocated a whopping sum of 39.4 billion naira (almost $200 million) for oil exploration in the Lake Chad basin in the proposed…

Op-Ed Editor February 8, 2016

Opinion: Nigeria’s challenge of diversification and industrialisation

Before the ascension of President Buhari to power, oil prices have taken hits-currently hovering around $30 per barrel- which has sent mono-economic oil revenue-dependent nations into recessions. Nigeria unfortunately, happens…

July 11, 2012

Opinion: Nigeria – Towards economic diversification

by Kayode Oluwa The United Nations Conference on Sustainable Development tagged Rio+ 20, took place from June 20 – 22, in Rio de Janeiro, Brazil. The conference, which was attended…

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