It is time to diversify the economy, as oil price nosedives…

Many of the Nigerians jubilating that crude oil price has hit rock bottom have me shaking my head.

When you begin to feel the effect, you will remember we are all in this together-slightly.

Many are ignorant. They’re only rejoicing because they were told by their champions that anything that hurts this government must be celebrated.

They don’t know this one may hurt them more than it hurts the government.

Bonny Light which is the oil we have in Nigeria is $26pb.  At $26 Nigeria is in a mess… to produce a barrel of crude in Nigeria cost between $19-21, we are in deep trouble.

More than ever, now is the time to diversify the economy.

Enough of those DIVERSIFICATION talk and no action.

3 thoughts on “It is time to diversify the economy, as oil price nosedives…

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