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Dike Onwuamaeze
A former Deputy Governor of the Central Bank f Nigeria (CBN), Prof. Kingsley Moghalu, has stated that Nigeria needs a comprehensive approach and clearly defined philosophical foundation for it to achieve economic diversification.
Moghalu said this recently, when he delivered a keynote address titled: “Economic Diversification and the Wealth of Nations: Lessons and the Path Forward for Nigeria,” at the 2021 Annual Conference of the Nigerian Economics Students Association (NESA) of the University of Port Harcourt.
He said: “Achieving economic diversification in Nigeria will require a comprehensive and joined up approach to economic policy, rather than the silo approach we have seen for many years in which specific aspects of economic policy appear to be in conflict with stated policy objectives of diversification.