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
Business. Hsbc promises £10 billion infunding for business. Hsbc promises £10 billion in funding for small firms, but what difference will it really make . I will speak to the boss later. In sport, Englands Paul Casey is the pick of the european challengers at the us open. A first round of six under par sees him just a shot off the leader Rickie Fowler at golfs second major of the year. And sarah has the weather. Thatin that in about ten minutes. First, our main story police are warning they may never be able to identify some of those who died in the fire at Grenfell Tower in west london on tuesday night. 17 bodies have been found so far, but the number of fatalities is expected to rise significantly. Andy moore reports. The first victim of the fire to be officially named is mohammed alhajali, Assyrian Refugee who came to britain for a better life. His brother was led to safety by firefighters but in the chaos and confusion bahama got left behind. Firefighters but in the chaos and co
The All Importa Nt second the all important second test is just one day away and the all blacks captain seems relaxed about it. Most teams would shut themselves away with such a big game on the horizon, but not new zealand. With such a big game on the horizon, but not new zealandlj with such a big game on the horizon, but not new zealand. I think is a good balance to get out and interact with people around the city and take your mind off it. So the players are pretty relaxed but they know they are upfora pretty relaxed but they know they are up for a challenge tomorrow. The all blacks took a grip on the series with a ruthless wind in auckland as the lines found themselves out forced and out thought. There were some encouraging flourishes from Warren Gatlands side but after all the hype it was a deflating defeat. Wellington offers a fresh start for the team and a chance for them to reinvigorate the pack. The coaches gambled with this selection and opted for a change in style. He has mad
The All Importa Nt second the all important second test is just one day away and the all blacks captain seems relaxed about it. Most teams would shut themselves away with such a big game on the horizon, but not new zealand. With such a big game on the horizon, but not new zealandlj with such a big game on the horizon, but not new zealand. I think is a good balance to get out and interact with people around the city and take your mind off it. So the players are pretty relaxed but they know they are upfora pretty relaxed but they know they are up for a challenge tomorrow. The all blacks took a grip on the series with a ruthless wind in auckland as the lines found themselves out forced and out thought. There were some encouraging flourishes from Warren Gatlands side but after all the hype it was a deflating defeat. Wellington offers a fresh start for the team and a chance for them to reinvigorate the pack. The coaches gambled with this selection and opted for a change in style. He has mad