Economy: Nigeria Cannot Continue Depending On Oil – NEPC Chief

Economy: Nigeria Cannot Continue Depending On Oil – NEPC Chief

Following the news that Nigeria had come out of recession, the Executive Director of the Nigeria Export Promotion Council (NEPC), Segun Awolowo, said that the country’s economy cannot continue to be dependent on oil for revenue.

He said that while speaking in Abuja to State House correspondents after a closed-door meeting with President Muhammadu Buhari.

He said that the country exiting recession was “the biggest surprise”.

Awolowo listed the negative impact of the pandemic on global economies but noted that the Nigerian economy continued to show resistance.

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