Wednesday, 20th October 2021
To guardian.ng
Search

Nigeria: Gold as an alternative to oil?

By Guardian Exclusive
03 February 2021   |   8:57 am
As a result of oil production cuts, price instability, and disruptions in the oil supply chain, the case for diversification has intensified in Nigeria, which is why the current administration is making attempts to diversify Africa's largest economy away from crude to gold. How successful will the new quest be?⁣⁣

Related

13 Oct
Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday.⁣⁣
4 days ago
Nigeria's dependence on crude oil makes its economy vulnerable. But the transition to an economy not based on oil won't be easy.
15 Oct
Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.⁣⁣
4 days ago
Exactly 34 years ago today, the charismatic Pan-Africanist and Burkina Faso's then President, Thomas Sankara, was shot dead aged 37 by soldiers during a coup on 15 October 1987. Four years before his assassination with 12 others, Sankara and his close friend, Blaise Compaoré, staged a coup that brought them to power. This is the story of how he shaped Burkina Faso decades after his assassination.
15 Oct
Exactly 34 years ago today, the charismatic Pan-Africanist and Burkina Faso's then President, Thomas Sankara, was shot dead aged 37 by soldiers during a coup on 15 October 1987. Four years before his assassination with 12 others, Sankara and his close friend, Blaise Compaoré, staged a coup that brought them to power. This is the story of how he shaped Burkina Faso decades after his assassination.
4 days ago
A resolution is imminent in the dispute over more than 1,000 bronzes stolen from the former Kingdom of Benin. Germany wants to return all the objects to Nigeria.
15 Oct
Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.⁣
2 days ago
One year after #EndSARS protests rocked Nigeria, police have warned against a repeat to mark the anniversary. The largest protest in Nigeria's history ended after the army reportedly killed at least 12 demonstrators.
2 days ago
Four police officers have been arrested in Kogi following a viral video in which they were captured assaulting and extorting travellers while on patrol duty along the Adogo-Okene Road.⁣⁣ The police chief in Kogi has condemned the incident, adding that any of the officers found wanting after investigations would be dealt with accordingly.⁣⁣ ⁣
2 days ago
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.⁣⁣⁣⁣
1 day ago
Amnesty said that many governments had used the pandemic as an opportunity to further restrict freedom of expression. It also cited the role of social media in the spread of misinformation.
1 day ago
Nigerian protesters Legend, Solomon and Samuel were all injured on the night of October 20, 2020 - a night they "can never forget" - when the Nigerian army used live ammunition to disperse a peaceful demonstration at the Lekki tollgate in Lagos. Between anger, deception, and hope, the 'Soro Soke' ('Speak Up' in Yoruba) demonstrators still want their voices to be heard a year later.