Jonathan Canvasses Speedy Diversification of Economy,was a headline this morning.Following the recent decline in the price of crude oil, President Goodluck Jonathan on Tuesday said it had become imperative to rapidly diversify the nation’s economy away from dependency on crude oil, and focus more on agriculture.He noted that agriculture sector remains vital for the economy of Nigeria.He said if the nation produces its own food, “we will save scarce foreign exchange, reduce dependence on food imports, while reviving our rural areas and creating wealth for our farmers.”The president said he was confident that several young millionaires and even billionaires of Nigeria would come out of the agriculture sector. What sense do you make for a clamour for a speedy diversification of Nigerias economy at this point in history?How much of change do you anticipate in this regard?
Posted on: Wed, 17 Dec 2014 08:08:14 +0000
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