Showing posts with label ground. Show all posts
Showing posts with label ground. Show all posts

Tuesday, December 16, 2014

Oil price slump will not ground Lagos economy -- Fashola

The continuous fall in crude oil price at the international market will not ground the Lagos State economy, Gov. Babatunde Fashola said on Tuesday.

Fashola said this at the formal presentation of the state`s 2012-2025 Development Plan in Ikeja.

According to him, the Lagos economy was not built to rely on earnings from any extractive resource.

``The uncertainties in the oil market cannot have serious effects on the state`s economy.