JAMB Exam  >  JAMB Questions  >  What is the main purpose of diversification i... Start Learning for Free
What is the main purpose of diversification in Nigeria's economy?
  • a)
    Reducing government expenditure
  • b)
    Increasing import dependency
  • c)
    Minimizing income inequality
  • d)
    Reducing overdependence on a single sector
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the main purpose of diversification in Nigerias economy?a)Redu...
Diversification in Nigeria's economy aims to reduce overdependence on sectors such as oil and gas. By diversifying into other sectors, the economy becomes more resilient, less vulnerable to external shocks, and can foster balanced and sustainable development.
Explore Courses for JAMB exam

Top Courses for JAMB

What is the main purpose of diversification in Nigerias economy?a)Reducing government expenditureb)Increasing import dependencyc)Minimizing income inequalityd)Reducing overdependence on a single sectorCorrect answer is option 'D'. Can you explain this answer?
Question Description
What is the main purpose of diversification in Nigerias economy?a)Reducing government expenditureb)Increasing import dependencyc)Minimizing income inequalityd)Reducing overdependence on a single sectorCorrect answer is option 'D'. Can you explain this answer? for JAMB 2025 is part of JAMB preparation. The Question and answers have been prepared according to the JAMB exam syllabus. Information about What is the main purpose of diversification in Nigerias economy?a)Reducing government expenditureb)Increasing import dependencyc)Minimizing income inequalityd)Reducing overdependence on a single sectorCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for JAMB 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the main purpose of diversification in Nigerias economy?a)Reducing government expenditureb)Increasing import dependencyc)Minimizing income inequalityd)Reducing overdependence on a single sectorCorrect answer is option 'D'. Can you explain this answer?.
Solutions for What is the main purpose of diversification in Nigerias economy?a)Reducing government expenditureb)Increasing import dependencyc)Minimizing income inequalityd)Reducing overdependence on a single sectorCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for JAMB. Download more important topics, notes, lectures and mock test series for JAMB Exam by signing up for free.
Here you can find the meaning of What is the main purpose of diversification in Nigerias economy?a)Reducing government expenditureb)Increasing import dependencyc)Minimizing income inequalityd)Reducing overdependence on a single sectorCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the main purpose of diversification in Nigerias economy?a)Reducing government expenditureb)Increasing import dependencyc)Minimizing income inequalityd)Reducing overdependence on a single sectorCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for What is the main purpose of diversification in Nigerias economy?a)Reducing government expenditureb)Increasing import dependencyc)Minimizing income inequalityd)Reducing overdependence on a single sectorCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of What is the main purpose of diversification in Nigerias economy?a)Reducing government expenditureb)Increasing import dependencyc)Minimizing income inequalityd)Reducing overdependence on a single sectorCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the main purpose of diversification in Nigerias economy?a)Reducing government expenditureb)Increasing import dependencyc)Minimizing income inequalityd)Reducing overdependence on a single sectorCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice JAMB tests.
Explore Courses for JAMB exam

Top Courses for JAMB

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev