WebOct 15, 2024 · The Chairman of the Federal Inland Revenue Service, FIRS, Muhammad Nami, has argued that the diversification of the Nigerian economy is on course.Speaking at the ‘Public Presentation And Breakdown Of The Highlights Of The 2024 Appropriation Bill’, Nami, stated that 4.2 trillion Naira had been collected so far in 2024 in revenue, with … WebNov 23, 2024 · Economic Diversification. The history of Nigeria’s economic development is deeply rooted in the contributions and roles the various sectors such as Agriculture, Mining, Manufacturing, etc, have played over time. The pre-colonial and post-colonial economic profile was dominated by the non-oil sectors largely made up of agriculture, …
10 Ways to Diversify Nigeria Economy - InfoGuideNigeria.com
WebFigure 1 shows the economic diversification of the Nigerian economy, excluding the oil industry, for our sample period 1981–2014. There is evidence of a decrease in the diversification of the Nigerian economy over time with a slope of over -0.0067. In other words, the Nigerian economy became less diverse by 0.0067% every year. The WebApr 10, 2024 · The Nigerian Independent Petroleum Company (NIPCO) Plc has confirmed that its investment, put at $50 million, is helping push Nigeria’s energy diversification … sen law conference 2022
Nigeria targets over $500 million from cashew export
WebJun 4, 2024 · Nigerian economy is mono-cultural dependence on a single commodity-oil, while other sectors of the economy have been relegated or neglected since the discovery of oil, and the management of oil revenues has proven inefficacious in driving the economy to bring about the needed level of growth talk less of development. This has the serious … WebApr 30, 2024 · Economic diversification is closely correlated with income, and for a long time, economists assumed the relationship was linear. 67 However, in a 2003 paper, Jean Imbs and Romain Wacziarg identify a U … Web10 hours ago · Malpass stated: “For Nigeria, the growth was 3.3 per cent in 2024 and 2.8 per cent for 2024 is within our forecast, and our high priority in the World Bank is shared prosperity in a sustainable way. sen leary