How prepared is Nigeria for a post-oil economy? - Punch Newspapers

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In 1959, after Fidel Castro came to power in Cuba after defeating the opposing forces of Fulgencio Batista, who had earlier imprisoned him, he decided to make the small country a communist state. This pitted him against the United States in the then heady days of the Cold War when the US which prided herself as the leader of the free world was determined to stop the growing influence of the defunct Union of Soviet Socialist Republics.

Nigeria has still yet to come to terms with the reality of a post-oil economy as she lives as though the demand for the black gold will be there forever. There is no bold plan to wean her economy off total oil dependence. It is ridiculous that many of our governors cannot pay salaries of civil servants and pensioners as and when due because of the paucity of funds that accrue to them from the Federation Account.

Many countries in Europe have set 2030, which is less than nine years away, as the time for the total phasing out of fossil fuel-run vehicles in favour of electric cars. Imperial College has scrapped its famous Masters in Petroleum Engineering in response to this new global reality.

 

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Northerners hold on to the southerners crude oil and they will drop agitation for one Nigeria post oil economy.

Zero...preparation. And it's here already 2035 oil would be useless,maybe not completely but people won't be buying if there no need for it

No where preparation

which Nigeria? the terrorist in Government can only prolong the dying day of the contraption, but certainly, it's days are numbered.

Ethnic extremism pushing for secession on the motivation of oil as a source of revenue should think twice as this source of revenue is gradually been checkmated globally

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