Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Osinbajo decries Nigeria’s dependence on oil

    Osinbajo decries Nigeria’s dependence on oil

    November 30, 2015
    Share
    Facebook Twitter LinkedIn WhatsApp

    30 November 2015, Abuja – Vice President Yemi Osinbajo has described the over-dependence on oil resources as the cause of the high level of corruption, dwindling economy and the redundant human resource base in the country.

    Vice President Yemi Osinbajo
    Vice President Yemi Osinbajo

    Osinbajo also observed that the over-reliance on oil was behind the agitation for resource control, especially from the South-South geo-political zone.

    The Vice President made this remark on Monday while inaugurating the Partners for Sustainable Development Forum organised by the Niger Delta Development Commission in Port Harcourt, the Rivers State capital.

    Osinbajo described the theme of the forum; ‘Restrategesing Development Concepts in the Niger Delta Region to Provide for Post-Oil Wealth Socio-economic Sustainability’, as strategic and apt considering the current global decline in oil revenue.

    Represented at the occasion by the Deputy Chief of Staff of the Presidency, Mr. Adeola Ipaye, the Vice President added that the inauguration of the forum was coming at a time when the new globally adopted Sustainable Development Goals was nearing commencement of implementation.

     

     

    • Punch

    Related News

    Russian energy, transport, finance companies among privatisation candidates, says finance ministry

    Kazakhstan’s oil and condensate daily output set to rise by 6% in June, ministry says

    Italy’s Eni eyes new unit to manage oil refineries, unions say

    E-book
    Resilience Exhibition

    Latest News

    Russian energy, transport, finance companies among privatisation candidates, says finance ministry

    June 21, 2025

    Kazakhstan’s oil and condensate daily output set to rise by 6% in June, ministry says

    June 21, 2025

    Italy’s Eni eyes new unit to manage oil refineries, unions say

    June 21, 2025

    Libya objects to Greek tender for hydrocarbon exploration off Crete

    June 21, 2025

    Russia’s Rosatom to explore construction of high-capacity nuclear plant in Uzbekistan

    June 21, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.