When president Muhamadu Buhari won the nigerian presidency two years ago it seemed like africas most populous nation had turned a corner. A first ever peaceful democratic transition bought a promise of cleaner, better governance and Major Economic reform. Hows it going . Well, my guest today is emmanuel ibe kachikwu, minister of state for petroleum resources. Can Oil Dependent nigeria transform itself into a modern, Trading Economy . Emmanuel ibe kachikwu, welcome to hardtalk. Thank you, stephen. I guess the lesson of the last two years or so, with president Muhamadu Buhari in power, is that nigeria remains dangerously overreliant upon oil. Well, yes. Clearly over reliant. I dont know if its dangerously. Look at the positive sides of oil, in terms of what it has done to the country over the years. When the price slumps, its dangerous. Oh yes. We would love to see, obviously, a lot more diversification, a lot of effort is going into that, emphasis on agriculture, tourism areas, emphasis
When president Muhamadu Buhari won the nigerian presidency two years ago it seemed like africas most populous nation had turned a corner. A first ever peaceful democratic transition bought a promise of cleaner, better governance and Major Economic reform. Hows it going . Well, my guest today is emmanuel ibe kachikwu, minister of state for petroleum resources. Can Oil Dependent nigeria transform itself into a modern, Trading Economy . Emmanuel ibe kachikwu, welcome to hardtalk. Thank you, stephen. I guess the lesson of the last two years or so, with president Muhamadu Buhari in power, is that nigeria remains dangerously overreliant upon oil. Well, yes. Clearly over reliant. I dont know if its dangerously. Look at the positive sides of oil, in terms of what it has done to the country over the years. When the price slumps, its dangerous. Oh yes. We would love to see, obviously, a lot more diversification, a lot of effort is going into that, emphasis on agriculture, tourism areas, emphasis
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