Why Nigeria’s Economy Should Be Diversified – APC Governors

By Levinus Nwabughiogu

Outgoing and incoming governors under the aegis of , , of the , , on Wednesday May 20, 2015 underscored the need for the diversification of the Nigeria’s economy.

According to the governors, running a mono economy dependent on oil has affected agriculture and other sectors which they said could become alternative national income earners.

The decision followed a communique raised at the end of one day pre-inaugural retreat of the governors in Abuja.

The event which was declared open by the , on behalf of the -Elect, General was well attended by the governors and Governors-Elect of the party, except Kaduna governor-elect, Nasir El-Rufai who was visibly absent.

The retreat also deliberated on some which included security, economics, governance, infrastructure, Human and Capital Development.

Chairman of forum and , told Journalists that it was necessary to hold the retreat to enable the incoming governors brainstorm on the ways of delivering on their campaign promises especially in the light of the dwindling international oil prices.

Meanwhile, details of the resolutions were:

*That the time to act and change Nigeria is now

*That all those who hold leadership positions in the party are ready to instigate the right followership that will produce results

*That the Nigerian economy needs to be diversified especially towards agriculture

*That the country cannot decide to entirely ban importations of foreign products but look for ways to create a competitive market with those products that are being imported

*That all will embark on a peer review mechanism to facilitate and replicate positive governance strategies and policies in all progressive states

*In conclusion, the retreat agreed that from the day of inauguration, the activities of the progressives will determine the stature of the party for the future; hence the need for all to begin works that will speak rather than a replication of promises.

Source: Vanguard

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