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201412_What is Nigeria's diversification objective

In presenting the 2015 Budget to the national assembly, the Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, noted that the 2015 Budget is structured for the diversification of the economy.

Her words indeed echo the thoughts of President Goodluck Jonathan, who when responding to questions on the decline of crude oil prices, in relation to Nigeria's revenue targets, said the time is ripe for the diversification of our economy from crude oil.