COVID-19: Trigger for Nigeria’s economic diversification?
One of the likely ‘gains’ of the Coronavirus (COVID-19) pandemic that has been ravaging the world since the dawn of 2020 is the expectation that the plague might drive a country like Nigeria into effective diversification of its economy.
NI-SCOPS: Coalition To Revive Moribund Palm Oil Industry
Palm Oil production has gained prominence in the international market in recent time, due to increased demand as raw material for biodiesel and strict policies on trans-fat foodstuffs in Europe and the U.S.
Council of state okays $1bn to boost agriculture, economic diversification
The Council of State on Thursday approved a fresh one billion dollars to further boost the nation’s agricultural sector, Gov. Ibikumle Amosun of Ogun, has disclosed. Amosun, briefing the State House Correspondents after the council’s meeting at the Presidential Villa, Abuja, expressed hope that the amount would enhance the Federal Government’s diversification programmes. However, the…
Experts chart path to job creation through economic diversification
Until indices that drive the economy and expand employment are prioritized, the rate of unemployment in the country will continue to rise, economic experts have said. They argued that what drives employment is consumer demand and if the consumer demand is high, investors, producers and manufacturers would expand their capacities which would in turn create…
Lessons in incentives and economic diversification
Business mogul, Aliko Dangote, spoke on this very issue during the recent Annual General Meeting of the Manufacturers Association of Nigeria (MAN) when he challenged the Federal Government to...