Mustapha said this on Tuesday in Abuja while declaring open the 11th Nigeria International Trade Fair/Expo with the theme: “Diversification as Catalyst to our National Development’’.
“Over the years, dependence on oil has made us a mono-economy, hence making us a consuming economy rather than a productive economy.Also speaking, the Minister of Labour and Productivity, Chris Ngige, hailed Nigerians for their ingenuity According to him, this is essential considering the role it plays in boosting export and foreign reserves and in creating employment.
People in government are harping on what people in government should do. Make it make sense please.
Successive Nigeria governments has been talking diversification of the economy since Gen. IBB regime via the introduction of SAP, till date Government foreign revenue is dependent on crude oil exports.