President/Chairman of Council, Chattered Institute of Bankers of Nigeria (CIBN), Prof SegunAjibola has urged the Federal Government and government at all levels to show strong commitment to the diversification of the economy.
He spoke at this year’s annual dinner to commemorate the 80th anniversary of the Nigerian International Chamber of Commerce and Industry, held at the Metropolitan Club, Victoria Island, Lagos.
The theme was: Impact of Prospective Policies on non-oil imports- The Nigerian Experience from 1986 to Date.
Ajibola said government would need to set up a task force that would review the examples of other countries that had been in situation similar to Nigeria’s.
According to him, government should support the small and medium sized enterprises (SMEs) by providing the enabling environment for business to grow and production of goods and services that would compete favourably in the global market.