Osinbajo tasks D8 countries to depend less on oil
Vice President Yemi Osinbajo has tasked D8 countries to depend less on oil as it becomes increasingly less attractive in terms of revenue generation and focus more on diversifying to other sources of revenues.
Osinbajo made this remark in Abuja yesterday while declaring open the 6th Meeting of D-8 Ministerial Meeting on Industrial Cooperation.
The D-8, also known as Developing 8, was set up officially on June 15, 1997 with member countries as Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.
The Vice President told the representatives of the countries that Nigeria is committed to working with the various Task Forces of the D-8 Ministerial Meeting on Industrial Cooperation to the targets of the founders of the D8 Organization.
He said the ultimate goal of the D8 countries is to promote industrial development and other economic activities in the global economy using the same platform to fast track the position of member countries.
Vice President Yemi Osinbajo