Nigeria's Non-Oil Export As The Country's New Lifewire, by Musa Ilallah
Even though Nigeria is well diversified in terms of people, culture, resources, and government revenue expectations, for many years now Nigeria has become almost totally dependent on the oil sector for its domestic and...
Non-oil Imports Exceed Exports By 463%
The first quarter trade statistics have shown that Nigeria’s non-oil imports by sea surpassed exports by over 463 per cent.
This is despite government’s efforts in the last four years to diversify the economy from oil (Nigeria’s major revenue source)...