Business
Geologist Tasks FG On Economic Diversification
An Emeritus Professor of Geology, Sylvester Adegoke, has advised the Federal Government to explore more non-oil mineral resources to enhance the growth of the economy.
Adegoke told The Tide source in Lagos, Thursday, that exploration of more non-oil resources would boost the economy by increasing the revenue base.
According to the octogenarian professor, there are some states with mineral resources that are yet to be tapped because less or no attention is given to them.
“Exploration is ongoing in the Chad basin, we did some study before and other study to discover oil.
“We have to systematically study it, although it may take long or few years time, if we are lucky.
“Government should reorganise the sector and put all machinery in place with professionals to explore more mineral resources.
“The present administration made it clear that diversification is their focal point, so we need to identify and explore more mineral resources to boost the economy,’’ he said.
He said that Nigeria was endowed with different kinds of mineral resources waiting to be explored.
Adegoke stressed the need to diversify the revenue base, by exploring other mineral resources to develop the economy.
“Discovering minerals is not an easy job, the present government is really trying to focus on it,’’ he said.
Adegoke, who is also a national award winner on intellectual development, lauded the current administration in its efforts to revamp the economy.
Business
NIMASA Marks 2025 Customer Week, Pledges Service Excellence

Business
SEME Customs Foils Smuggling Attempt Of Expired Flour, Seizes N2bn Contraband

Business
LASG UNVEILS GROUNDBREAKING OMI-EKO PROJECT AT FIVE COWRIES TERMINAL

-
News2 days ago
Fubara Reassures Rivers People Of Completion Of PH Ring Road Project
-
Rivers2 days ago
World Food Day: Farmers Urge Collaboration For Improved Productivity
-
Nation2 days ago
MOSIEND Hails Benibo Anabraba Appointment As Rivers SSG
-
Rivers2 days ago
IAUE Governing Council Chair Assures On Mandate Delivery
-
Featured2 days ago
Fubara Tasks New SSG On Honour, Service, Protection Of Rivers Interest
-
Opinion2 days ago
Dangers Of Unchecked Growth, Ambition
-
Editorial2 days ago
Making Rivers’ Seaports Work
-
News2 days ago
RSG Cancels ?134BN Secretariat Contract, Orders Refund Of ?20BN Mobilisation … Revalidates Four Projects