The Nigerian Government, conscious of the over-dependence on Oil which constitutes about 95% of generated revenue, has embarked on many measures to give the country a new lease on life.

To generate a stronger and stable growth rate, the Government is promoting increased production in the non-oil sector of the economy by creating a level-playing field for private-sector led activity. Essentially, the pivots around which the framework for economic growth and development will revolve include the following:

  • agriculture and agro-business,
  • solid minerals development,
  • other manufacturing, including information and communications technology (ICT),
  • crude oil,
  • natural gas, and
  • tourism

 

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