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NEPAD Canvasses Economic Diversification Through Agriculture

For Nigeria to effectively diversify its economy, emphasis must be placed on agriculture, the National Coordinator/Chief Executive Officer, New Partnership for Africa’s Development, Mrs. Gloria Akobundu, has said. According to her, NEPAD under her leadership will push for economic diversification through agriculture in order to...

Assessing CBN’s Economic Diversification Strategy

The Nigerian economy, prior to the advent of petro-dollar (oil boom) years of the 1970s was basically agricultural based. Agriculture contributed about 65 per cent to the GDP and represented 70 per cent of total exports. The sector was marked with high labour-absorptive ratio and...

Economic diversification: The solid minerals option

Nigeria’s economic history shows that the solid minerals sector was a major player in the country’s economy before the discovery of oil, contributing about 12 per cent to the Gross Domestic Product (GDP). Can the sector restore Nigeria to economic boom? ADINOYI FRANCIS KADIRI...