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Which sector do you believe has the greatest potential to boost Nigeria’s economy?

by Igoh Stephen iji 4h ago 0 votes

Key Things That Can Boost Nigeria’s Economy 1. Diversifying Beyond Oil Reducing overdependence on crude oil exports. Investing more in agriculture, solid minerals, tech, and manufacturing. 2. Agriculture & Food Security Supporting farmers with modern tools, credit, and irrigation. Processing raw crops into finished goods (e.g., cocoa → chocolate, cassava → flour). 3. Industrialization & Manufacturing Building factories and encouraging local production. Reducing imports and promoting “Made in Nigeria” goods. 4. Technology & Innovation Investing in digital economy (fintech, e-commerce, AI, ICT hubs). Empowering startups and youths with skills. 5. Power & Infrastructure Reliable electricity to support industries and SMEs. Good roads, rail, and ports for easy movement of goods. 6. SMEs & Youth Empowerment Providing loans, training, and enabling policies for small businesses. Encouraging entrepreneurship and skill acquisition. 7. Stable Policies & Good Governance Fighting corruption and waste. Consistent, transparent economic policies that attract investors. 8. Security & Rule of Law Without safety, investors and farmers won’t feel secure. Strengthening law enforcement and reducing insurgency/banditry.

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Igoh Stephen iji
Igoh Stephen iji 4h ago

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