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ABSTRACT
The economy of advanced nations of the world has successfully blossomed because of their ability to refocus economic policy which undoubtedly lead to a plethorasources of income and at the same time ensure sustainable growth and development in terms of employment, human capacity and wealth to countries. Nigeria is a country that is blessed with all forms of natural resources anyone can think of. Hence, it is will be judicious if the government of Nigerian can shift its lens from oil economy couple with the frequent dwindling in price of oil at the global market that seems to impact on Nigerian economy, to other non-oil sectors like solid minerals, transportation, shipping, agriculture, etc. This studytherefore is designed to assess the viability of other sectors. The survey method was applied in the cause of this study, data was used to analyze, using the one on one interview method of data analysis. Findings from the research work revealed that Nigeria has great potentials that are yet untapped and that even though the government has not done much, it is a reawakening, a call now particularly for the present administration to put more effort on economic diversification. The study recommend among others, the development of the yet untapped sectors by conducting researchon thembecause it is only through research that new and innovative methods of capitalizing on the resources we have that will yield greater impact, emancipation and development of the economy on the long run.
