ABUJA – AGAINST the backdrop of the present dwindling International price of oil, the thirty- six state governors Monday told President Mohammadu Buhari that if Nigeria must be one of the top economies of the world, there was the urgent need for the diversification of the economy.
Gov Okorocha of Imo State
The governors who operate under the aegis, Nigeria Governors Forum, NGF, said that diversification would help boost the Internally Generated Revenue, IGR base of the country.
Speaking in Abuja at the beginning of a two-day Internally Generated Revenue workshop organised by the NGF,Chairman of the forum and governor of Zamfara State, Abdul’aziz Yari who noted that the solution to the declining fiscal revenue facing most states lies in the diversification of the economy, said, “economic diversification is of course vital to ensuring the long-term economic growth we seek. We must ensure that we are competitive in the way we diversify our economies, and ensure that the private sector plays a stronger role going forward. This event should guide our states to share practical and effective experiences for boosting revenue generation and also provide strategies to kick-start the process.”
Yari,
