Fall in Fuel Prices Internationally May Be a Blessing To Nigeria - Dr. Shevel

Fall in Fuel Prices Internationally May Be a Blessing To Nigeria - Dr. Shevel

President, Galilee International Management Institute (GIMD), Israel, Dr. Joseph Shevel, has predicted that fall in fuel prices in the world market may be good to Nigerian economy.

Dr. Joseph Shevel who spoke when he paid a courtesy visit to the Vice Chancellor, Professor Yahuza Bello, said too much dependence on crude oil by Nigeria at the expense of agriculture was the major reasons why her economy remained backward.

According to Dr Joseph, it has now become imperative that oil alone would not be able to provide Nigeria with the required income to carter for her needs. Therefore, it had become necessary to diversify as a means of getting more income.

The GIMD President said if Nigeria could take Agriculture seriously the economy would develop within a very short time.

‘I assure you Kano State alone considering its Dams and large expanse of fertile land will produce enough food for Nigeria,’ Dr. Joseph added.

On why he was in Kano, Dr. Joseph Shevel said he came to sign MOU with Kano State government on training of 100 youth on irrigation by his institution. He prayed that his visit to the university would strengthen the relationship between Bayero University and his institution.

Responding, the Vice Chancellor, Professor Muhammad Yahuza Bello, who was represented by the Deputy Vice Chancellor (Academics), Professor Sagir Adamu Abbas, thanked the president for the visit.

He said a lot of BUK academics including the ViceChancellor attended different courses at the Galilee International Management Institute in Israel. He promised that more staff would attend the institution in the very near future.


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