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Wike canvasses diversification of Nigeria’s economy

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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.

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