WTO Chief: Nigeria Can’t Rely On Oil & Gas Revenues ...Middle East

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WTO Chief: Nigeria Can’t Rely On Oil & Gas Revenues
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African OPEC producer Nigeria will have to prepare to diversify its budget revenues as oil and gas will not be its main source of revenues for much longer, according to Ngozi Okonjo Iweala, a Nigerian economist serving as Director General of the World Trade Organization (WTO). “We need to start preparing now for a time when our oil and gas will no longer serve us as the main sources of revenue,” Iweala said at the Nigerian Governors’ Forum in Abuja this week, as carried by local media. Nigeria has depended on the oil and gas sector…

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