DIVERSIFICATION AND NON-OIL EXPORT OPPORTUNITIES FOR NIGERIA STATES POST-COVID19 (Record no. 19880)

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008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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110 ## - MAIN ENTRY--CORPORATE NAME
Corporate name or jurisdiction name as entry element Ernst and Young (EY)
9 (RLIN) 217
245 ## - TITLE STATEMENT
Title DIVERSIFICATION AND NON-OIL EXPORT OPPORTUNITIES FOR NIGERIA STATES POST-COVID19
Statement of responsibility, etc Ernst and Young (EY) (2021) Diversification and Non-Oil Export Opportunities for Nigeria States Post-COVID19
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Ernst and Young (EY)
Date of publication, distribution, etc January 2021
300 ## - PHYSICAL DESCRIPTION
Extent 87p., 29cm, illus., contains annexures
521 ## - TARGET AUDIENCE NOTE
Target audience note Economic diversification is no longer an ideal aspirational state for the Nigeria economy, but rather an imperative for sustainable economic growth. The recent COVID-19 pandemic led global oil shock, which in itself comes in a long history of oil price shocks, has brought into sharp relief the precariousness of Nigeria’s over dependence on crude oil for its export market. With over 89 million people (45% of the population) living below the poverty line, coupled with the economic vulnerabilities of the oil-dependent state further exposed by the COVID-19 pandemic, it is of particular importance that the government, as well as the private sector participants builds its short and medium-term strategy around the development of viable non-oil products in Nigeria in a bid to diversify the country’s export market. Previous attempts at export diversification and in building diversified streams of foreign income, while yielding incremental gains have not produced the level of productivity and growth required to sustain the Nigerian state. To drive export diversification, the transition from mono to diversified export market would have to be informed by concerted efforts in identifying and catalyzing the key value drivers of the economy with the potential to propel market actors (both public and private) to pivot away from oil and into non-oil sectors. One of such concerted effort, is the Zero-Oil Initiative of the NEPC – which aims to deliver an export diversification pathway through trade by prioritizing viable non-oil products with the ability to deliver transformative impacts on the economy. However, despite the adoption of the Zero-oil Initiative in the Economic Recovery and Growth Plan (ERGP) 2017-2020 of the Federal Government, the performance of non-oil sector remains limited, and does not reflect the significant investment committed to the diversification agenda.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Source of heading or term ECONOMY
Topical term or geographic name as entry element EXPORT OPPORTUNITIES
Form subdivision NIGERIA ECONOMY
General subdivision ECONOMIC DIVERSIFICATION
Chronological subdivision NON-OIL
Geographic subdivision COVID - 19
9 (RLIN) 218
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Source of heading or term ECONOMIC RECOVERY
Topical term or geographic name as entry element GROWTH PLAN
Form subdivision ZERO-OIL INITIATIVE
General subdivision ECONOMIC TRANSFORMATION
9 (RLIN) 219
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://ngfrepository.org.ng:8443/jspui/handle/123456789/3360">https://ngfrepository.org.ng:8443/jspui/handle/123456789/3360</a>
Link text DIVERSIFICATION AND NON-OIL EXPORT OPPORTUNITIES FOR NIGERIA STATES POST-COVID19
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme
Item type Books
Holdings
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        Available Reference The Nigeria Governors Forum Library The Nigeria Governors Forum Library On Display 2021-07-05 DNOEO-2021 0000000014281 2021-07-05 2021-07-05 Books
        Available Reference The Nigeria Governors Forum Library The Nigeria Governors Forum Library On Display 2021-07-05 DNOEO-2021 0000000014298 2021-07-05 2021-07-05 Books
        Available Reference The Nigeria Governors Forum Library The Nigeria Governors Forum Library On Display 2021-07-05 DNOEO-2021 0000000014304 2021-07-05 2021-07-05 Books

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