Categories: EconomyMETRO

Nigeria’s Survival Lies With Non-Oil Sector – Says NEPC

The Nigeria Export Promotion Council says the nation’s economic survival lies with non-oil products.

NEPC Trade Promotion Advisor, Bello Noma, stated this when he led his colleagues on a sensitisation visit to the News Agency of Nigeria in Jos on Monday.
Noma said that the oil, “which is the nation’s main export would one day dry up leaving the country with non-oil products.
“Besides, some years back, more than 200 nations of the world signed an agreement that they are going to stop the usage of fossil oil.
“This also includes the crude oil we are bragging with, so by the time this is adopted,  there will be no market for us.
“So if we don’t diversify our economy and embrace non-oil sector, there is going to be a problem.
“So that’s why we are now advocating and sensitising the public to the importance of the nation’s huge non-oil potential.”
He further stated that Nigeria is blessed with abundant non-oil resources in each state of the federation but were not fully harnessed.
The trade promotion advisor said that the council had dedicated a week to create awareness of the nation’s rich non-oil potential to boost the export of non-oil products.
Noma stated that they were in News Agency of Nigeria  to solicit its assistance to propagate the council’s activities.
He added that what they were doing was to let the people know that “there is a lot of money in the non-oil sector.”
NAN

 

Sponsored
SPONSORED
Victor Alade

Recent Posts

IPMAN Announces Petrol Price Reduction To ₦935 Per Litre

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced a significant reduction in the…

1 hour ago

Governor Otti Appoints Ojeikere As New Head Of Service

Governor of Abia State, Dr. Alex Otti has approved the appointment of Mr. Benson Ojeikere…

1 hour ago

Tinubu’s Economic Reforms Not Responsible For Hunger, Stampede — FG

The Minister of Information and National Orientation, Mohammed Idris, has warned politicians against linking stampedes…

10 hours ago

Ohafia Community In Mourning As Trailer Crushes Many Christmas Travelers To Death (Photos, Video)

Ohafia, Abia State, was plunged into mourning on Sunday following a tragic accident involving a…

10 hours ago

After 25 Years, Democracy Yet To Meet Citizen’s Expectations — Bugaje

An Islamic scholar and political activist, Dr. Usman Bugaje, has highlighted the inability of the…

15 hours ago

Tinubu’s 2025 Budget Full Of Unrealistic Expectations, Says SDP’s Adebayo

The presidential candidate of the Social Democratic Party (SDP) in the 2023 general elections, Prince…

17 hours ago