Diversification: The Recovery Strategy for the Nigeria’s Economic Crisis

No doubt that Nigeria’s mono-cultural commodity-petroleum has contributed tremendously to the Nigerian revenue sustainability and economic growth before its’ floundering occasioned by unstable global market volatile oil price; impact of COVID-19 pandemic in sector. Government acute attention petroleum commodity been detriment other sectors economy, already relegated background. The recent decline continuous unprecedented dwindling exchange rate Naira currencies further triggered present crisis. To obviate challenges from skyrocketing into a more complex pulverized state requires all hands be on desk restrategise recovery economy its current One pivotal administrative strategic tool for is diversification, it does not occur vacuum. Nigeria need pave way diversification because several strategies which include investment promotion, spatial policies, clusters, advancement SMEs, mixed-economy attitudinal change. Effective utilization promotion these will yield tremendous booming stable sustainable development. This paper adopted qualitative research design data obtained secondary sources; as attempt enhance viable with strategies.