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Nigeria’s economic diversification and industrialisation: two peas in a pod

For someone very conversant with the Nigerian economy, the issue of industrialisation and economic diversification is not a new thing. Economists and policymakers alike have both called for the government to shift its focus from crude oil and diversify the Nigerian economy. In 2016, the Nigerian Economic Society (NES) tagged its conference along the line of economic diversification and industrialisation in a bid to alter the government’s focus. However, evidence from BusinessDay Research & Intelligence Unit (BRIU)…