Published 1 day ago • loading... • Updated 1 day ago

Oil Revenue Needed To Diversify Nigeria’s Economy

Summary by The Whistler Nigeria

The Chairman of Heirs Holdings, Mr Tony Elumelu, has said that Nigeria needs revenue from oil to be able to effectively diversify and grow the economy. Elumelu said this on Thursday night while speaking in an interview at the sidelines of the Nigeria Petroleum Industry Leadership Discourse. The event with the theme, “Nigeria’s Oil Production Growth Roadmap: Acceleration Imperatives,” was organised by Heirs Energies. It was attended by the Minist…

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

5 Articles

All

Left

Center

Right

The Whistler Nigeria

Oil Revenue Needed To Diversify Nigeria’s Economy

1 day ago

Read Full Article

National Daily Newspaper

Tony Elumelu advocates increased oil production to drive Nigeria’s economic growth

The Chairman of Heirs Holdings, Mr. Tony Elumelu, has underscored the urgent need for increased crude oil production to fund Nigeria’s economic diversification and infrastructural development. Speaking on Thursday at the Nigeria Petroleum Industry Leadership Discourse in Abuja, Elumelu emphasised the pivotal role of oil revenues in bolstering industrialisation, ensuring energy security, and accelerating national progress. The high-profile discou…

1 day ago

Read Full Article

RainSMediaRadio

Elumelu: Nigeria Needs Oil Revenue to Drive Economic Diversification, Development

Billionaire businessman and chairman of Heirs Holdings, Tony Elumelu, has emphasized the importance of Nigeria’s oil revenue in funding economic diversification and long-term development.Speaking at an investment forum in Lagos, Elumelu noted that while Nigeria must transition to a more diversified economy, oil revenues remain a crucial funding source for critical infrastructure, industrialization, and job creation.“We must acknowledge that oil …

1 day ago

Read Full Article

Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper.

We need oil money to diversify Nigeria’s economy- Tony Elumelu

Tony Elumelu, founder of Heirs Energies, says Nigeria must ramp up oil production to generate revenue for economic diversification. Speaking at the Heirs Enegies leadership forum on Thursday in Abuja, Elumelu emphasised the need for massive investment in oil and gas to power the country’s industries and ensure energy security. “We cannot industrialise Africa, Nigeria, without improving access to energy and electricity in particular,” Elumelu…

1 day ago

Read Full Article

Nairametrics

Oil money key to Nigeria’s economic diversification and development – Elumelu

The Chairman of Heirs Holdings, Mr Tony Elumelu, has emphasised the need for increased oil production to fund Nigeria’s economic diversification and development. Speaking on Thursday at the Nigeria Petroleum Industry Leadership Discourse in Abuja, Elumelu highlighted the crucial role of oil revenues in driving industrialisation, energy security, and infrastructural growth. The discourse, themed “Nigeria’s […] The post Oil money key to Nigeria’s …

1 day ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year