• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, October 3, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Nigeria quickening economic diversification

The Matters Press by The Matters Press
May 28, 2019
Reading Time: 1 min read
0
Corruption caused Nigeria’s poor resource management

Vice President Osinbajo

Vice President Yemi Osinbajo has said Nigeria has stepped up efforts at diversifying revenue sources to move away from the country’s mono-cultural economy.

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Vice President Osinbajo

.

Osinbajo stated in Gombe that the continuous dependence on petroleum as the major source of revenue was an unhealthy development that needed to be addressed.

“ What we are set out to do is to ensure that we are diversifying the economy away from oil as the main foreign exchange earner with our special economy zones which we have in all the six geopolitical zones.

“ These are what we know will bring in the type of investments in industries that we expected, and will produce sufficient number of jobs for our youth.

“We are doing same with our agro-allied and its whole value chain which is very important. We are becoming self-sufficient in so many agricultural produce,” he said.

According to him, government is working with the Brazilians in the agro-industrial sector with a view to opening up several service centres that will benefit Nigerians technology-wise.

“Ones we are able to establish all these, we think our economy will take off in the right direction; we are investing considerably in the agro-industrial sector.

“This is an area where many young people who have interest and are pushing the boundaries are doing exceedingly well,” he said.

Osinbajo, who is the head of the National Economic Council (NEC) also commended his team for piloting the affairs of the economy in the right direction.

Tags: EconomyOsinbajo
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
Buhari at FEC

Buhari scores high in ICT

Stable petrol supply excites Buhari

Court remands petrol thieves

Recommended Stories

Buhari moves against palm oil importers

Farmers undergo training in palm oil production

August 23, 2023
IPMAN, NUPENG tango over illegal increase in petrol price

IPMAN blames private depot owners for hike in PMS price

March 29, 2022
Kenya, Nigeria, South Africa record increases in Google search

Shettima commends Google’s N1.2b grant initiative

August 15, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us