• About
  • Advertise
  • Contact
Friday, October 3, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Education

Nigeria Must Reduce Dependence On Oil To Achieve Development – Speaker Abbas Tajudeen

Vital News by Vital News
December 30, 2024
in Education
0
Nigeria Must Reduce Dependence On Oil To Achieve Development –  Speaker Abbas Tajudeen
Share on FacebookShare on Twitter

The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has called for urgent steps to reduce Nigeria’s dependency on oil.

He warned that Nigeria’s continued reliance on the resource will worsen inequality, poverty, and unemployment if not addressed urgently.

Speaking at the 14th convocation lecture of Al-Hikmah University, Ilorin, titled “Beyond Oil : Exploring Alternative Revenue Potentials for Economic Growth and Sustainable Development in Nigeria”, the Speaker stressed the need to harness Nigeria’s vast natural resources and human capital to drive economic diversification.

“With dwindling oil revenues, global shifts toward renewable energy, and the increasing need for job creation, it is imperative that we chart a new course for economic transformation.

“This requires deliberate efforts to unlock the potential of other sectors, such as agriculture, solid minerals, technology, and the creative industries,” Tajudeen said.

RelatedStories

Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication

FG Fixes Oct. 6 As Deadline For Certificate Verification Under New Education Policy

Kogi Govt Reiterates Resolve To Transform Education Sector, Showcases Projects At KSU

Nigerian Army Flags Off Renovation Of Iconic 86-year-old Primary School In Modakeke

Citing successful examples from Saudi Arabia, Malaysia, and the United Arab Emirates, he highlighted how strategic policy reforms, infrastructure investments, and human capital development have transformed their economies.

“This lecture has underscored the urgency of harnessing Nigeria’s abundant natural resources, fertile agricultural lands, burgeoning creative industries, and vibrant technology sector to build a resilient economy.

“Targeted policies, institutional reforms, and partnerships can unlock the potential in agriculture, solid minerals, manufacturing, ICT, and renewable energy,” he said .

The Speaker urged government to adopt visionary policies, ensure transparent governance, and invest in infrastructure and education.

He also challenged academia to collaborate with industries to drive innovation and entrepreneurship while calling on the private sector to support small and medium enterprises (SMEs) and leverage technology for increased productivity.

Addressing the youth, Tajudeen said : “As the backbone of Nigeria’s workforce, youths, including all of you in this hall, must seize opportunities in entrepreneurship, agriculture, digital technology, and creative industries to redefine Nigeria’s economic narrative.”

The event also saw the commissioning of the university’s Faculty of Management Sciences by the Speaker.

Dignitaries at the occasion included representatives of Kwara State Governor Abdulrahman Abdulrazaq, members of the House of Representatives, state lawmakers, the university’s founder, Alhaji Abdulraheem Oladimeji, Pro-Chancellor Alhaja Sekinat Yusuf, Vice-Chancellor Professor Noah Yusuf, and leaders of the Kwara University Consortium (KU8+), led by Professor Wahab Egbewole, Industrialists and traditional rulers.
(vitalnewsngr.com)

Tags: AbassAl -HikmahLecturespeaker
Previous Post

Governor Ododo Signs N582.4billion 2025 Appropriation Bill Into Law

Next Post

Fubara Unveils N1.1trillion 2025 Budget Before Four-member Rivers State Assembly

Vital News

Vital News

RelatedStories

Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji,  For Hard Work, Dedication
Education

Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication

October 2, 2025
BHPF : President Tinubu Approves Immediate Release Of N29,284,145,353.78 To 36 States,FCT
Education

FG Fixes Oct. 6 As Deadline For Certificate Verification Under New Education Policy

September 25, 2025
Kogi Govt Reiterates Resolve To Transform Education Sector, Showcases Projects At KSU
Education

Kogi Govt Reiterates Resolve To Transform Education Sector, Showcases Projects At KSU

September 22, 2025
Nigerian Army Flags Off Renovation Of Iconic 86-year-old Primary School In Modakeke
Education

Nigerian Army Flags Off Renovation Of Iconic 86-year-old Primary School In Modakeke

September 18, 2025
We Are Not Owing Fees In Any Institution – PAP Says, Sets Records Straight On Claims By Novena University
Education

Renewed Hope Agenda : PAP Sends 142 Beneficiaries To UK For Postgraduate Studies

September 12, 2025
Next Post
Fubara Unveils N1.1trillion 2025 Budget Before  Four-member Rivers State Assembly

Fubara Unveils N1.1trillion 2025 Budget Before Four-member Rivers State Assembly

Abiodun Signs N1.054trn Appropriation Bill into Law

Abiodun Signs N1.054trn Appropriation Bill into Law

Kogi HoS, Evinemi Felicitates With Christians At Christmas

Kogi HoS, Evinemi Tasks Ihima Indigenes On Hard work, Integrity, Community Service

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Zakat – Al-Habibiyyah Donates Household Items Worth N13mln To 160 Muslims, Christians

Zakat – Al-Habibiyyah Donates Household Items Worth N13mln To 160 Muslims, Christians

3 years ago
Supreme Court Affirms Usman Ododo As Kogi Governor

Ododo Hails Supreme Court On Judgment Affirming His Election

1 year ago
2023 Elections : Nigerians In Diaspora Sue Buhari, INEC

2023 Elections : To Be Or Not To Be ?

3 years ago
FG Terminates 98-km Oyo-Ogbomosho Road Contract Awarded To RCC

FG Terminates 98-km Oyo-Ogbomosho Road Contract Awarded To RCC

7 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

Bandits Kidnap Police Officer In Kwara

Death Toll In Ibaji Boat Mishap Rises To 36

Arrest of 147 Terrorists In One Week, Confirms Tinubu Is Boosting Troops’ Morale – Group ‎

Fubara Sacks Commissioners, SSG, SAs, SSAs

2027 : Group Holds Awareness Walk In Kogi, Reaffirms Commitment To Vision, Leadership Of President Tinubu

Trending

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From  October 29
News

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29

by Vital News
October 2, 2025
0

The Kogi State Government says it will commence strict enforcement of ban on Zariagi, Osara and other...

Realnews Announces Theme, Date For It’s 13th Anniversary Lecture

October 2, 2025
Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji,  For Hard Work, Dedication

Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication

October 2, 2025
FG Cancels Independence Anniversary Parade

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

October 2, 2025
Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

Bandits Kidnap Police Officer In Kwara

October 2, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29 October 2, 2025
  • Realnews Announces Theme, Date For It’s 13th Anniversary Lecture October 2, 2025
  • Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication October 2, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In