By Martha Agas, News Agency of Nigeria (NAN)
With its poverty rate hitting 38.9 per cent in 2023, Nigeria has continued to battle several social and economic problems, throwing up an avalanche of concerns for both the leaders and the populace.
The populous African nation has continued to battle food shortages, poor infrastructure, unemployment, while striving to make quality health care and education affordable.
It is also confronted with security challenges ranging from banditry, militancy, separatist agitations, among others.
With these challenges getting more serious by the day, experts say that the prospects of overcoming them may not be so bright with the nation’s monolithic economy that depends substantially on oil.
They say that short and long term measures must be initiated if the nation is to be salvaged from its many woes.
One recurrent suggestion has been the need to diversify the economy, especially with the global upsurge in energy transition, which is expected…
Source: News Agency of Nigeria
