The Nigerian National Petroleum Corporation, NNPC has restated the need for the country to become free from the volatility and shocks in the oil and gas industry and focus on a holistic economy reality.
The Corporation’s Group Managing Director Maikanti Baru, who spoke at the 39th Kaduna International Trade Fair in Kaduna, where the group emerged overall winner for best participant, said diversification of the nation’s country must remain a priority.
According to him, the corporation is committed to the economic diversification programme of the Federal Government. He said it was imperative to intensify and support the Federal Government’s economic diversification programmme to put the economy on growth path.
Baru stressed that focusing on commerce; industry and agriculture would have a greater impact than oil. He said these sectors can engage more people in productive activities compared to oil and gas which despite its significance, accounts for only 12.7 per cent of the country’s Gross Domestic Product, GDP.