PORT HARCOURT (Sundiata Post) – Rivers State Governor, Nyesom Wike has called for sustained efforts to diversify Nigeria’s economy following dwindling earnings from oil.
Speaking at the Government House, Port Harcourt on Thursday during a visit by Mr. Olusegun Awolowo, Executive Director of the Nigerian Export Promotion Council (NEPC), the governor said that the country could no longer depend solely on oil earnings.
He said that the Rivers State Government would partner with the NEPC to develop alternative sources of foreign exchange earnings for the state.
According to him: “There is a need to urgently diversify the economy because with oil the country cannot progress under the present dispensation”.
The governor noted that the present economic challenges facing the country means that states have to look inwards to survive.
He particularly said the state government will like to collaborate with NEPC in the area of agriculture.
Earlier, Mr. Awolowo called on the Rivers State Government to develop its agriculture and petrochemicals sectors to generate revenue for the state.
He said the country is facing difficult times, hence the NEPC is collaborating with states to develop export based products.