Wednesday 23 March 2016

STAKEHOLDERS IDENTIFY OPTIONS BEYOND CRUDE OIL RESOURCES IN NIGERIA

Offshore oil platformNigerian economy is mono-cultural, depending on a single commodity for revenue generation. Other sectors have been relegated to the background, while the management of oil revenues has proven inefficacious in driving the economy to bring about the needed level of development.

With the recent plummeting crude oil prices and drop in the country’s daily revenue by half, industrialists and experts who gathered at the Lagos Chamber of Commerce and Industry (LCCI)/
PricewaterhouseCoopers (PwC) forum, called on the Federal Government to look beyond crude oil for economic development.


Read more @ The Guardian

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