Since the Organisation of Petroleum Exporting Countries (OPEC) alerted Nigeria and other members, that Shale Gas and Oil Production will have significant impact on crude oil production in the near term, which will adversely affect the economies of those that heavily depend on crude as their main source of revenue earnings, the Nigerian government and indeed the citizens have been exploring ways of diversifying the economy.

Discussions in many fora have been focused on how the country can diversify the economy in order to develop herself and her people away from oil.

On this edition of Business Incorporated, an oil and gas lawyer, George Etomi insists a better life with oil is possible in Nigeria, adding that the nation has great potentials to diversify its economy.