Featured
Wike canvasses diversification of Nigeria’s economy
Rivers State Governor, Nyesom Ezenwo Wike has called for sustained efforts to diversify the country’s economy following dwindling Mr. earnings from oil.
Speaking at the Government House, Port Harcourt on Thursday during a visit by Olusegun Awolowo, Executive Director of the Nigerian Export Promotion Council (NEPC), the governor said that the country can no longer depend solely on oil earnings.
He said that Rivers State Government will partner with the NEPC to develop alternative sources of foreign exchange earnings for the state.
According to him: “There is a need to urgently diversify the economy because with oil the country cannot progress under the present dispensation “.
The governor noted that the present economic challenges facing the country means that states have to look inwards to survive.
He particularly said the state government will like to collaborate with NEPC in the area of Agriculture.
Earlier, Awolowo had called on the Rivers State Government to develop her agriculture and petrochemicals sectors to generate revenue for the State.
He said the country is facing difficult times, hence the NEPC is collaborating with states to develop export based products.
-
Business5 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business6 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business6 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business4 days agoDangote: Petrol price gap fuels smuggling as Nigeria faces fresh pump price surge
-
Latest7 days agoHamzat meets Pastor Chris Oyakhilome, hails Christ Embassy’s community impact
-
Business4 days agoTinubu’s economic reforms face public confidence test as cost-of-living crisis persists
-
Business6 days agoAugust inflation faces upward pressure despite disinflation trend – Analysts
-
Latest1 week agoMother, tutor, accomplice arrested over alleged N15m fake kidnap of toddler