AMJON’s President, Ogbuokiri Tasks FG To Rekindle Nigeria’s Economy  Through  Non-oil Trade.

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...Commends President Tinubu’s Administration’s Move Towards Solving  Nation’s Economic Problems
The President of Association of Maritime Journalist of Nigeria (AMJON) Mr Paul Ogbuokiri has  called on the federal government of Nigeria to focus its attention on the non-oil sector of the country’s economy.
Paul Ogbuokiri made this  call  at the 5th edition of the association’s annual conference and awards with the theme: “Rebuilding Nigeria Economy Towards a Viable Trans-Border Trade” held  on Thursday, December 14, 2023 at the Rockview hotel Apapa, Lagos.
Ogbuokiri, in his opening remarks, underscored the need to look inwards in order to rekindle Nigeria’s economy, as in the early days of the country’s independence, focusing more on Non-oil trade.
According to him, the theme of the conference was deliberately selected owing to the poor state of Nigeria’s monolithic economy which requires speedy solution to lift the country out of crisis situation.
He expressed concern over the nation’s unfavourable balance of trade occasion by over dependance on oil and the apparent lack of concern by relevant authorities.
“Now the shock has become permanent because our crude oil has become encumbered.
“large portion of it now goes into payment of debts acquired and squandered by politicians while the other portion of it is being stolen by powerful people.
“We are therefore left with little or no foreign exchange to finance our necessary and unnecessary imports”, he said.
Ogbuokiri commended the efforts of President Bola Tinubu’s administration towards solving the nation’s economic problems while noting that non-oil exports holds the key to the nation’s Economic progress particularly with regards to intra- African trade.
He however praised the collaboration between Nigeria and its neighbouring countries in facilitating transborder trade adding that such relationship would help identify bottlenecks and proffer solutions for ease of trade.

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