Oyetola lauds Nigeria’s diversification policy

Governor Gboyega Oyetola of Osun State yesterday lauded the diversification policy of the Federal Government, saying that for it to succeed, all sectors must adopt and integrate it into their schemes.

He stated this yesterday at the opening ceremony of the Ninth International Conference of the Faculty of Technology, Obafemi Awolowo University (OAU), Ile-Ife, with the theme, “Diversification of Developing Economies: Imperatives for Sustainable Environment and Technological Innovations.”

Oyetola, who bagged the university’s Excellence Award in Public Administration on the occasion, also described the theme of the conference as a worthy domestication of the diversification of the economic policy of the Federal Government.

The governor, represented by the Supervisor, Ministry of Budget and Economic Planning, Prof. Olalekan Yinusa, said the state was ready to partner with the university, particularly in the area of human and capital development.

The Vice Chancellor of the university, Prof. Eyitayo Ogunbodede, applauded the faculty for the choice of the theme of the conference, which he noted, was aimed at challenging the nation on the need to strengthen her economic diversification policy.

“There is no doubt in the fact that our country needs a technology breakthrough to address myriad of her challenges, particularly in the quest to diversify from the mono-economy to tourism, agriculture and solid minerals.

“So, we must develop technology innovation to address some of the national issues, such as over-dependent on mono-economy, youth unemployment and youth restiveness, among others,” he said.