Development prospects of a country rich in oil and gas: Nigeria

Abstract

The achievement of the set out millennium development goals does not lie just in the palms of the oil sector but in the whole sector of the economy and hence the need for diversification of the economy because a mono-economy will bring the whole economy to ruin. It is also very important that the issues facing the country be addressed especially the case of corruption and embezzlement of public funds, even in the presence of a diversified economy if the level of corruption is high it will in turn affect the development rate and make the goals that have been set unachievable.