Preps in top gear, as Abuja host Business Talk in Summer

The city of Abuja will be engaging financial minds of the country on Saturday September 12, 2015 at Chelsea Hotels, at a forum tagged BUSINESS TALK IN SUMMER, put together by Nigeria Info Fm’s Itohoimo Edet, a financial journalist and show host.

The event which is designed for Nigeria Info listeners and the business community seeks to engage deliberations on sectors such as Petroleum, Investment, Capital market, Entrepreneurship and Agriculture. The event is themed: Winds of change, Oceans of opportunities.

Expected Speakers at the event will include the CBN Governor, Mr Godwin Emefiele, Director General Securities and exchange Commission, Mounir Gwazo, NCP Presidential Candidate, Engr Martin Onovo, CEO Lonadek Consulting Dr. Ibilola Amao, CEO Global Analystic, Tope Fasua, and Manager WE FM Jonathan Lyamgohn. Other prominent guests will include the Managing director, Nigeria Export Import Bank.

The idea is to create alternative investment module away from the obvious petroleum (crude oil), which we know that it has contributed substantially to Nigerian revenue since its discovery in 1956 and more especially, since 1970 when its price was on the upward trend.

However, it is also a known fact across the globe that for a country to attain growth and development, its economy has to be diversified.

Diversification does not occur in a vacuum. Mono-economy needs to give way to the productive development of various sectors of the economy.

Following the supply and demand limitation of major importers from the country, which brought about the fall in the price of oil by more than 40% since June 2014 when it was $115 a barrel, which now is below $60, after five years of stability, it is a well-known fact that Nigeria's continuous large earnings or revenue from this sector will be impossible.

To this end the different speakers from the five sectors of the economy, will create ideas and set new frontiers for the ultimate wish of Nigerian which is to see an economy rated among the world's first 20 economies.

As a matter of fact, there is an urgent need for the Nigerian government to begin looking into diversification of various sectors of the economy so as to attain solid economic growth.

Also there exists a positive relationship between economic growth in Nigeria and diversification of other sectors because when there were proper management of human resources, huge investment and concentration on agriculture, Nigerian economy was recorded to be healthy and vibrant.

It is believed that at the end of the forum, we would have been able to draw a clear path for which will see our economy grow in a different dimension.