Agro-processing to drive Nigeria’s new economy

sturvs_default

Nigeria is in a transition from supreme oil-dependency to a more diversified economy. Susceptibility of the domestic economy to external revenue shocks, when oil prices fall, well informs this transition. But if oil prices were to stabilise at the $147 per barrel peak, there would still be very strong reasons why Nigeria must broaden the base of formal economic activities.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>