Let us plan now before it is too late

Just as water in a well can dry up with time, also, oil wells in the country can dry up. Nobody ever believed that one day prices of crude oil would crash drastically to the extent of plunging the country’s economy into recession.

Now we are in recession, what if crude oil dries up? Then we would enter starvation. It is better to start planning ahead rather than wait for it to happen before taken necessary action. Changes in weather conditions can affect anything on planet earth. Oil wells are no exceptions. Recall how changes in weather conditions brought about an earthquake under the ocean called tsunami, so also it can cause oil wells to dry up.

Although, nobody prays for oil wells in the country to dry up. However, a word is enough for the wise. Let us start now to plan for the unknown before it catches up with us. Moreover, this economic recession has really thought us a lesson never to depend on crude oil only. More so why the government of the day is doing everything humanly possible to diversify the economy by focusing on other areas that can equally yield foreign exchange for the country. Some areas that the government is beaming its searchlight are Agriculture and solid mineral exploration.  

Nigeria is regarded as an agrarian nation. But we abandoned agriculture for oil. Now, we are forced to go back to it. The fadama rice farming project has commenced, groundnut pyramids are coming back, livestock, fish farming and  animal husbandries are spring up in every nook and cranny of the country.

Nigeria is blessed with so many solid minerals. In fact, solid minerals are scattered across the six geopolitical zones of the country. Coal can be found in Enugu, iron ore in Nassarawa, Gold in Osun, tin in Jos plateau, salt in Nassarawa, limestone in Nkalagwu etc.  


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