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ABSTRACT
Inadequate infrastructure, a high unemployment rate, and the repercussions of being overly reliant on oil characterize the Nigerian economy. In light of the recent decline in oil prices and the Naira's value relative to other world currencies, as well as the government's call for greater commitment and interest in other economic sectors, diversification of the economy is crucial in order to create a prosperous and stable economy that is not overly reliant on the oil industry. The study set out to answer five research questions that would help achieve the study objectives. Secondary data, including a historical content analysis offered in a review of related literature, was used to conduct the study. The study found that agriculture is widely recognized as a tool for attaining economic progress, and that diversifying revenue streams away from oil can promote development and the creation of new jobs.
