NEWS: Nigeria’s Over-reliance On Oil Will Breed Greater Poverty, Unemployment

2025 budget

The speaker of the House of Representatives, Abbas Tajudeen, warned the country yesterday against continuing to rely on oil as the only source of revenue generation.

He said the nation’s continued overreliance on oil revenue would only lead to inequality, greater poverty among Nigerians,  and mass unemployment.

The speaker who bared his mind while delivering the 14th convocation lecture of  Al-Hikmah University, Ilorin, Kwara State, said that to secure Nigeria’s economic…

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