Diversification of the Nigerian Economy: Efforts to diversify the Nigerian economy away from oil have been ongoing, emphasising sectors like agriculture, manufacturing, and technology.

Source: https://www.yohaig.ng/naija-news/economy/naira-experiences-significant-decline-ends-week-at-n927-to-the-dollar/

Fuel subsidies are killing the Nigerian economy, costing Nigeria $10 billion alone in 2022.

Source: https://www.africanews.it/english/speech-delivered-by-dr-akinwumi-a-adesina-president-african-development-bank-group-inauguration-lecture-for-the-new-president-of-nigeria-27-may-2023-abuja-nigeria/

Furthermore, the persisting trade deficit has left the Nigerian economy more vulnerable to external shocks, such as changes in global commodity prices (occasioned by the Russia-Ukraine war) and/or currency fluctuations.

Source: https://onlinenigeria.com/stories/320009-food-insecurity-threat-to-nigerias-economic-recovery-and-growth.html?utm_source=rss&utm_medium=rss&utm_campaign=food-insecurity-threat-to-nigerias-economic-recovery-and-growth

He also noted that the Nigerian economy is diversified and will bring about business opportunities in every sector of the economy.

Source: https://realnewsmagazine.net/economic-expert-projects-positive-gdp-growth-in-nigeria-in-2023/?utm_source=rss&utm_medium=rss&utm_campaign=economic-expert-projects-positive-gdp-growth-in-nigeria-in-2023

In his special remarks, the Ghanaian President, Akufo-Addo, said the refinery would not only strengthen the Nigerian economy, but that of West Africa and the entire continent by extension.

Source: https://punchng.com/dangote-refinery-petrol-hits-market-july-fg-to-save-n7tn/

In October, the IMF predicted a slower growth for the Nigerian economy in 2022, changing its forecast from 3.2 per cent in July to 3.0 per cent.

Source: https://thenationonlineng.net/should-nigerians-brace-up-for-recession-in-2023/

“It was evident from his maiden speech that he had a good understanding of modern concepts of central banking, global best practices and the challenges, complexities and peculiarities of the Nigerian economy.

Source: https://www.ghanamma.com/2023/12/16/blaming-emefiele-is-childish-you-lack-capacity-ohanaeze-youths-knock-cbn-gov/

Like mobile money and agent banking, the Nigerian economy should take advantage of dormant dollars in the hands of Nigerians to meet forex demand.

Source: https://punchng.com/sustainable-solutions-to-current-forex-challenges/

The current naira redesign policy of the Central Bank of Nigeria (CBN) has cost the Nigerian economy over N20 trillion.

Source: https://www.legit.ng/business-economy/economy/1524923-naira-scarcity-cost-nigerian-economy-n20-trillion-cbn-mops-70-cash-circulation/

The ex-lawmaker said his husband's administration hopes to apply reforms in all the major sectors of the Nigerian economy.

Source: https://www.legit.ng/nigeria/1555084-tinubu-begs-nigerians-return-home-reason/

The Hungarian Ambassador commended the President for his bold, courageous, and strategic decisions to reposition the Nigerian economy, listing some areas of collaboration to include education, agriculture, food security, security and medical technology.

Source: https://thewillnews.com/tinubu-mandates-ambassadors-to-strengthen-trade-relations/?utm_source=rss&utm_medium=rss&utm_campaign=tinubu-mandates-ambassadors-to-strengthen-trade-relations

The Nigerian economy as we all know is traditionally cash-based despite visible risks and cumbersomeness.

Source: https://promptnewsonline.com/enaira-advocacy-gains-momentum-by-ademola-oyetunji/?utm_source=rss&utm_medium=rss&utm_campaign=enaira-advocacy-gains-momentum-by-ademola-oyetunji

The SMEs to be awarded are those making serious waves in the country’s entrepreneurship ecosystem in 2022 and were drawn across various sectors of the Nigerian economy.

Source: https://businessday.ng/news/article/businessday-to-recognise-100-fast-rising-msmes/

This business conglomerate holds diversified interests spanning various sectors of the Nigerian economy, providing employment opportunities to thousands of individuals within Nigeria and neighboring African countries.

Source: https://www.legit.ng/business-economy/industry/1535488-8-businesses-owned-by-abdulsamad-rabiu-second-richest-man-nigeria/

This is on the heels of the rise in the dollar to the Naira and the high rate of inflation that has engulfed the entire Nigerian economy.

Source: https://www.legit.ng/nigeria/1556741-shehu-sani-reacts-bua-slashing-cement-price-tells-foodstuffs-vendors-what-do/

This significant initiative seeks to fortify the backbone of the Nigerian economy by empowering small-scale businesses and fostering economic growth and stability across various sectors.

Source: https://thewillnews.com/fg-boi-partner-to-disburse-n75bn-loans-to-msmes-in-2024/?utm_source=rss&utm_medium=rss&utm_campaign=fg-boi-partner-to-disburse-n75bn-loans-to-msmes-in-2024

“Unfortunately, most of the leading political parties are canvassing exactly the same neo liberal policies that had not done the Nigerian economy in over the last four decades.

Source: https://guardian.ng/appointments/how-slow-global-employment-growth-undermines-social-justice/

“We believe that this exercise would help in increasing financial inclusion, moving towards a more cashless economy, and ensuring greater formalization of the Nigerian economy.

Source: https://punchng.com/benefits-of-new-naira-notes-enormous-cbn/

With due respect to those that hold this position, it is rather common place, lacking an indepth understanding of the use of the USD in the larger Nigerian economy.

Source: https://www.peoplesdailyng.com/mr-president-and-the-forex-concerns-an-invitation-to-dare/?utm_source=rss&utm_medium=rss&utm_campaign=mr-president-and-the-forex-concerns-an-invitation-to-dare