x

Scholar Knocks The Nigerian State For Depending Wholly On Crude Oil.

From Rhoda Godwin

Dr Patterson Ogon, a Niger Delta activist and Director, Planning, Research and Statistics in the Niger Delta Development Commission (NDDC has knocked the country over her over dependence on Crude Oil.

Ogon said that has made the country
to undermine other opportunities to creation a diversified economy.

Speaking on Thursday in Yenagoa during the 13th edition of the annual lecture of Federated Correspondents’ Chapel of Nigeria Union of Journalists, Ogon who was the guest lecturer at the event maintained that explained that Nigeria’s economy was primarily driven by agriculture before the discovery of oil.

With the theme: “Niger Delta Region and Nigeria’s Economic Diversification: Challenges and Prospects” the guest lecturer stated that because of crude oil, all have left agriculture adding that “Agriculture accounted for 72% of Nigeria’s total national output in 1950.”

He urged Nigerian state to begin the process of moving away from crude oil and focus on other sectors like agriculture and manufacturing in order to have a sustainable economy, and ensure safer ecosystem.

He said: “Nigeria’s economic diversification faces challenges such as a history of fiscal dependence on oil, mismanagement of oil proceeds, and volatile global oil prices. The Niger Delta region, which is home to a large population and abundant natural resources, has potential to contribute to Nigeria’s economic diversification.”

“The discovery of oil and the wealth it creates in those societies has its own pains. It’s a classic case of the rich also cry. The above quotes may not have been made for the fun of it. Nigeria’s complex socio-economic and political crisis, deepened by the exploitation and exploration of oil, may only have added to the global disconnect that oil has created.”

“It is common knowledge that Nigeria’s economy was primarily driven by agriculture before the discovery of oil. “Agriculture accounted for 72% of Nigeria’s total national output in 1950.”

“Economic diversification has been a thing of interest to Government. In pre-petroleum Nigerian economy, the basis of sustenance was essentially agriculture. However, the discovery of oil worsened the productive capacity of our economy as we really did not have to labour to eat. Oil proceeds threw away the historic feats of the palm oil economy, groundnut pyramids, cocoa and the place of agriculture in our lives As a matter of fact.”

“Nigeria’s mono-economy, crude oil, is a source of problem to its survival.
Neither agriculture nor manufacturing has been given the necessary environmental condition and attention to boost productivity.”

Also speaking, Morris Alagoa an Environmentalist and deputy director Environmental defenders network who was the chairman of the occasion thanked the Media for doing alot in being the watchdog of the society.

He said there was a time in the country when there was no civil society groups or non- government organizations adding that there was only the government and the media and society was better.

Adding that there are gamuts of NGOs and huma rights groups and yet life is the way we are seeing it, he said that Life has become so Brutish and short.

He said:” Law abiding citizens of this country are more endangered than the criminals. These criminals know how to maneuver their ways when arrested because of the way society has become.”

“Also, there is indiscriminate logging and mining in this state. A time will come, when we won’t even have timbers. We don’t have trees again in our forest.

Earlier, the Chairman of Federated Correspondents’ Chapel, Tife Owolabi, had said the engagement was crucial to the Niger Delta Region’s pivotal role in Nigeria’s economic diversification.

He stated:”The Niger Delta, rich in natural resources, faces unique challenges that hinder its potential. From environmental degradation to infrastructure deficits, and from socio-economic disparities to security concerns, the region’s complexities demand thoughtful exploration.”

“As journalists, we are not mere observers; we are active participants in shaping the narrative. Our role is crucial in.Today, we reaffirm our commitment to responsible journalism, bridging the gap between policy makers, stakeholders, and the public.”

Hot this week

Meter Costs Trigger DisCos–FG Dispute Over Electricity Tariffs

A disagreement has emerged between the Federal Government and...

Bayelsa Honours Late Deputy Governor Ewhrudjakpo with Sporting Tribute

Governor of Bayelsa State, Senator Douye Diri, on Tuesday...

NSCDC denies withholding staff promotion, salary arrears

The Nigeria Security and Civil Defence Corps (NSCDC) has...

Riyom Council Chairman Congratulates Gov Mutfwang on APC Reception

The Executive Chairman of Riyom Local Government Council, Hon....

Army kills ISWAP commander, foils attacks in Borno

Troops of the Joint Task Force (North East), Operation...

Kogi Govt Says Cash-Back Promotion Policy Boosts Workers’ Welfare

By Noah Ocheni, LokojaThe Kogi State Government says its...

Bayelsa Lays Late Deputy Governor to Rest as Tinubu, Jonathan Pay Tributes

By Amgbare Ekaunkumo, YenagoaBayelsa State on Saturday laid to...

Humanitarian:President Shettima Commissions Tudun Biri Resettlement Site in Kaduna

By Joyce Remi-BabayejuThe Vice President, Senator Kashim Shettima, has...

Army kills ISWAP commander, foils attacks in Borno

Troops of the Joint Task Force (North East), Operation...

Premier League Clubs Step Up Activity as January Transfer Window Nears Close

Premier League clubs intensified squad reshaping during the January...

March 31 Deadline: Oyedele Urges Nigerians to File Annual Tax Returns

Chairman of the Presidential Committee on Fiscal Policy and...

Crusade Dispute Puts CAN, PFN Under Spotlight

Allegations of interference and partiality have unsettled Nigeria’s major...

Rivers State Leads in Mobilizing Support for Tinubu’s reelection in 2027 – Wike

By Joyce Remi-BabayejuThe Federal Capital Territory (FCT) Minister, Barr....

Related Articles

Popular Categories

spot_imgspot_img