Over-dependence on oil will make Nigeria vulnerable — Speaker, Abbas

 Speaker of the House of Representatives, Tajudeen Abbas, has revealed that continued over-dependence on oil by Nigeria will only lead to greater poverty and mass unemployment. Abbas made this statement at the 14th convocation lecture of the Al-Hikmah University in Ilorin on Monday, adding that Nigeria should harness its abundant resources and human capital to diversify its economy.With dwindling oil revenues, global shifts toward renewable energy, and the increasing need for job-creation, it is imperative that we chart a new course for economic transformation.This requires deliberate efforts to unlock the potential of other sectors, such as agriculture, solid minerals, technology and the creative industries.Achieving this transformation will secure Nigerias economic future and address poverty, inequality and unemployment – critical barriers to sustainable development, he said.   The post Over-dependence on oil will make Nigeria vulnerable Speaker, Abbas appeared first on Linda Ikeji Blog.