Agriculture panacea to falling oil prices, says Esele
Governorship aspirant on the platform of the All Progressives Congress (APC) in Edo State, Peter Esele, has identified agriculture and education as panacea to falling oil prices.
The aspirant, who is also past president of the Trade Union Congress (TUC), spoke in Benin City, the state capital, at a media briefing to highlight the cardinal programmes of his aspiration
He said there was need to focus on improving local production to grow the economy, in the face of the present economic realities, adding that, “promoting local production is the catalyst for any economy to grow and thrive.”
Esele, who decried the dwindling economy of the country in recent times, said crude oil, as the mainstay of the country was no longer booming, as it has become more of a curse than blessing to Nigerians.
The aspirant lauded the contributions of the state governor; Adams Oshiomhole, and promised to consolidate on them, particularly in the area of education.
“Crude oil is a curse to the country than a blessing. You cannot define a society on the basis of its crude oil production. What Nigeria lack is diversification of the economy,” he said.
According to him, “The three senatorial districts of the state constitute good basis for palm oil production. Government can set up oil palm mill as private investors like Okomu Oil Palm and Presco Industry,” Esele said.
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