"The Stone Age did not end for lack of stone, and the oil age will end long before the world runs out of oil" - Sheikh Ahmed Zaki Yamani, former Oil Minister of Saudi Arabia
In my view, Nigeria did not move away from oil, rather it was oil that moved away from us. The former would have meant that we now have a diversified economy that is capable of generating sufficient non-oil revenue and foreign exchange receipt to plug the hole created by dwindling oil prices.- Taiwo Oyedele
Read my article published in today's BusinessDay for insights on what the future holds for the oil industry.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.