The Director-General of the Federal Institute of Industrial Research, Oshodi (FIIRO), Jummai Adamu, has stressed the urgent need to diversify the Nigerian economy into areas other than oil, saying Nigeria’s over-reliance on oil is not doing the country any good. Adamu stated this during the agency’s day at the ongoing Science, Technology and Innovation Expo […]
The Director-General of the Federal Institute of Industrial Research, Oshodi , Jummai Adamu, has stressed the urgent need to diversify the Nigerian economy into areas other than oil, saying Nigeria's over-reliance on oil is not doing the country any good. Adamu stated this during the agency's day at the ongoing Science, Technology and Innovation Expo…
The Director-General of the Federal Institute of Industrial Research, Oshodi , Jummai Adamu, has stressed the urgent need to diversify the Nigerian economy into areas other than oil, saying Nigeria’s over-reliance on oil is not doing the country any good. She regretted that Nigeria’s mono-economy dependence on oil and gas, which he said is non-renewable, has kept the country far away from meaningful development that would have made the country respected among comity of nations.
She said: “As you may be aware, one of the key components that aid economic diversification is technology transfer, which is the innovation capabilities of any organisation that wants to thrive technologically.
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