Vice President Yemi Osinbajo has said Nigeria’s over-dependence on oil resources is responsible for the high level of corruption, dwindling economy and the redundant human resource base in the country.

He also traced restiveness and agitation for resource control, especially in the South-south geo-political region, to over-reliance on oil.

Osinbajo spoke on Monday in Port Harcourt at the inauguration of the Partners for Sustainable Development (PSD) Forum organised by the Niger Delta Development Commission.

The vice president, who was represented by the Deputy Chief of Staff of the Presidency, Mr. Adeola Ipaye, said the theme of the forum; ‘Restrategising Development Concepts in the Niger Delta Region to Provide for Post-Oil Wealth Socio-economic Sustainability’, was strategic and apt because of the current global decline in oil revenue.

Credit: ThisDay