Plans by the President Muhammadu Buhari administration to diversify the revenue base of the economy is on course as the Nigeria Export Promotion Council (NEPC), has said that non-oil revenue was expected to increase from $2.7 billion to $25 billion by 2025.

This was disclosed by the Executive Director of the NEPC, Mr Olusegun Awolowo, at a one-day workshop in Benin City, Edo state.

The NEPC had also developed a ‘zero oil’ plan that will increase by 5%, Nigeria’s total value of world export in the strategic sector in 10 years time.

“The zero plan is a coherent agenda to mobilize the public and private resources towards replacing oil as our number one resource of foreign exchange.”

He added that with the on- going investment in the non-oil sector by the President Muhammadu Buhari administration, the current economic hardship will soon be a thing of the past.

The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.