Professor He Wenping of the Chinese Academy of Social Sciences has urged Nigeria to diversify its economy and tackle corruption to achieve economic stability. Speaking at a seminar in Beijing, Wenping emphasized the need for Nigeria to reduce its reliance on oil revenue and invest in other sectors like manufacturing and industrialization.

Wenping noted that Nigeria’s strong resources, including its large population and innovation capacity, make it an attractive destination for investment. She advised the Federal Government to prioritize job creation and inflation control, using the current surge in oil prices to drive development.

The professor also stressed the importance of tackling corruption, citing China’s anti-corruption mechanisms as a model for Nigeria. She urged African countries to unite and speak with one voice to promote continental development.

Source: punch news