Friday, 24 June 2016

Nigeria does not have the resources to diversify the economy




As oil price now selling at a very ridiculous price of about $45 per barrels, Nigeria which depends on oil revenue is in big trouble.

It is now even more worrisome to hear that the expectation of many Nigerians that the economy would be diversified for the country to earn income to fund government huge expenditure may likely end in dreams.

Reason is that the country currently lacks the manpower, equipment and finance to diversify the economy.

A source from the Natural Resource Governance Institute disclosed this.

Details later…

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