Namibia Urged to Invest Oil Revenue in Other Sectors

Namibia has been advised to use oil revenue to invest in other sectors of the economy to diversify income streams.

Ghanaian economic development and governance expert Ibrahima Aminu says oil revenue should not be viewed as a quick fix.

“Oil revenue alone is not a silver bullet. It requires patience and strategic investment. Focus on diversifying the economy by boosting sectors like agriculture, tourism and light manufacturing. These areas will support and enhance the oil and gas sector,” he said…