Month: June 2020

Ahead of imminent recession arising from the Coronavirus (COVID-19) pandemic, Nigeria is weighing in on its abundant solid minerals as one of the potential ways to diversify and provide safety valves for its economy. The country has over depended on crude oil and gas obtained mainly from the Niger Delta Region for about five decades now, without commensurate re-investments in other sectors, let alone developing the oil bearing communities. The mono-product economy has in turn caused recession in the past, especially as all levels of government wait for dwindling oil…

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