when president muhamadu buhari won the nigerian presidency two years ago it seemed like africa s most populous nation had turned a corner. a first ever peaceful democratic transition bought a promise of cleaner, better governance and major economic reform. how s 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 don t know if it s 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, it s 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 ar
hardtalk. welcome to hardtalk, i m stephen sackur. when president muhamadu buhari won the nigerian presidency two years ago, it seemed like africa s most populous nation had turned a corner. a first ever peaceful democratic transition bought a promise of cleaner, better governance and major economic reform. how s 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 buhari in power, is that nigeria remains dangerously overreliant upon oil. well, yes. clearly, clearly over reliant. i don t know if it s dangerously. look at the positive sides of oil, in terms of what it has done to the country over the years. but when the price slumps, it s dangerous. oh yes. we would love to see, obviously, a lot more diversification, a lot of effort
when president muhamadu buhari won the nigerian presidency two years ago it seemed like africa s most populous nation had turned a corner. a first ever peaceful democratic transition bought a promise of cleaner, better governance and major economic reform. how s 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 don t know if it s 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, it s 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 ar