As we gradually move towards the close of the great age of oil, with the newer and brisk strides in the development of alternative energies, this bodes much disconcerting fortunes for mono-cultural economies like Nigeria, whose lifelines have hinged on oil receipts in the past several decades.
These proceeds have, traditionally, not only accounted for over 80 percent of total income earnings, but also about 95 percent of foreign exchange accretions to the State. Hence,