An economist,
Dr. Abiodun Musbaudeen, says Nigeria has what it takes to become a rich and
industrialized nation.
Dr.
Musbaudeen, pointed out that the bane of the country’s problem stemmed from
weak economic engineering, which eventually took a turn for the worst during
the oil boom era.
He cited
downsizing in banks and other firms in the country as trend that portends grave
consequences for economic and social stability.
Dr Musbaudeen
reiterated that there is the need for the Federal Government to vigorously
pursue its diversification policy for the nation to get out of the current
economic doldrums.
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