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This mining of large untapped deposits of minerals in the area, especially gold, because of its strategic importance and economic value, is at the root of violent local conflict. The government's ban of artisanal gold mining in Zamfara State and across the region and the deployment of the military to enforce the ban since April 2019 have
Dec 03, 2013Mining companies have the potential to become leading partners in achieving the SDGs. Through their direct operations, mining companies can generate profits, employment, and economic growth in low-income countries. And through partnerships with government and civil society, they can ensure that benefits of mining extend beyond the life of the
5.2 Conclusion. The study is on the impact of Shipment Export Trade on economic development of Nigeria, covering a period of thirty –one years from, 1976-2006. Three hypotheses were actually tested for the following conclusions to be reached: Shipment export trade has actually exerted a positive effect on the economy as a whole.
and contemporary issues, concept and approaches of economic growth and development, economic development planning experience in Nigeria and planning experiences in other countries of the World COURSE AIMS There are twelve (12) study units in the course and each unit has its objectives.
Dec 01, 2015Zainab Usman is a doctoral candidate in international development at the University of Oxford. Her research assesses the oil economy, economic reform and political institutions in Nigeria
Despite the industry's undoubted importance in meeting the need for minerals and its significant contributions to economic and social development, concerns about aspects of its performance prevail. Mining, refining, and the use and disposal of minerals have in some instances led to significant local environmental and social damage.
Nigeria - Nigeria - Resources and power: Nigeria has a variety of both renewable and nonrenewable resources, some of which have not yet been effectively tapped. Solar energy, probably the most extensive of the underutilized renewable resources, is likely to remain untapped for some time. Resource extraction is the most important sector of the economy.
Jul 29, 2019Mining as a driver of economic growth is highly contested because it is often a dominant sector in many resource-rich countries, where it also often hinders the development of other activities. The high unemployment and low growth rates were the result of the shrinkage of the tradeable sectors – manufacturing, mining and agriculture.
The heads of 193 UN member states have now signed on to a set of 17 Sustainable Development Goals (SDGs), which will be the shared global development framework for the coming generation. Mining
Even though, Nigeria has all the requisite resources, both human and natural, to turn round its economy and by extension the entire economy of Africa, its over- reliance on the "global-economic-order" has turned it into a good source of development for both the developed economies of Europe and Americas and the emerging economic powerhouses
Apr 18, 2017Nigeria is the most populous country in Africa, which now can boost continent's largest economy (ahead of South Africa). So, have a look at the most important sectors of the Nigerian economy: Oil extracting industry. Oil industry acts as a basis of Nigeria economy. Oil provides 90 percent of export earnings of the country.
May 07, 2018Economic development is a critical component that drives economic growth in our economy, creating high wage jobs and facilitating an improved quality of life. The business development team at the Orlando Economic Partnership works to attract, and retain jobs for the Orlando region.
Mar 09, 2020Problems Of Economic Development In Nigeria And Solutions. We have had lots of problem in this country today. Lots of economic challenges have faced Nigeria overtime. The main problem is that our citizens and leaders have always failed to make things right. Nigeria is now in a political mess, lots of killing, kidnapping and also internet fraud
Aug 23, 2019In fact, Economic growth is a fundamental requirement for the development of a country. Employment contributes to economic growth and development: Workers produce valuable goods and services, and in turn receive a wage, which they can spend on buying the goods produced. When employment is at full the economy is at "maximum", meaning the
Sep 24, 2013Nigeria mineral resources are considered as a source of revenue to the country.Man greatest need on earth is food. In different Geographical location in Nigeria agriculture was the first importance resources in terms of cash crop and second was the mining
The impact of the economys dependence on the mining sector on economic indicators such as gross domestic product (GDP), and in particular economic growth was researched by R. Auty (1993) and introduced as a new concept called resource curse. In his research Auty pointed out that countries with a
Nigeria has a range of world class minerals resources, such as gold, limestone etc. In addition, it has a variety of other occurrences (more than 45) of medium significance albeit important for small scale mining and industrial development. The world class minerals in Nigeria warrants a closer look especially by foreign mining companies.
May 01, 2018The central objective of this study is to empirically determine the impact of ocean shipping export trade on Nigeria's economic development. Specifically, the study intends to accomplish the following: 1. To determine the relationship between ocean shipping export trade and Nigeria's gross domestic product. 2.
According to Oyesiku (2002), urbanization in Nigeria has a long history in its growth and development. Extensive development being a feature of the 19th and 20th centuries, with concentration of economic and administrative decision-making in Lagos, Ibadan, Kaduna, Jos, and Enugu, and high degree of specialization and larger
Oct 28, 2015GARY FOWLIE, International Telecommunications Union (ITU), recalled that Goal 15 of the Sustainable Development Goals noted the importance of global connectivity and ICT to advance human progress
Importance of Agriculture in Nigeria Economic Development. Nigeria is a country that is highly endowed with material and human resources. One of these material resources includes a vast array of land that is arable. This is among the reason for this post on "The Importance Of Agriculture In Nigeria Economic Development".
Dec 22, 20154. Low Productivity: Nigeria's mining techniques and processes need to be upgraded in order to reduce mine site waste, and boost productivity of output. Ditto some of our older steel plants. Even in a labour intensive mining sector, it is important
Sep 24, 2013Nigeria mineral resources are considered as a source of revenue to the country.Man greatest need on earth is food. In different Geographical location in Nigeria agriculture was the first importance resources in terms of cash crop and second was the mining
Apr 06, 2021The Role Of Co-Operative In Economic Development Of Nigeria. The Role Of Marketing Co-Operatives In Economic Development Of Nigeria. Co-Operative Aid To Women Empowerment. The Application Of The Marketing Concept In The Marketing Of Agricultural Products . A Study On Cooperative Thrift And Loan Society. C.A.
May 01, 2018The central objective of this study is to empirically determine the impact of ocean shipping export trade on Nigeria's economic development. Specifically, the study intends to accomplish the following: 1. To determine the relationship between ocean shipping export trade and Nigeria's gross domestic product. 2.
Mar 09, 2013The historical importance of mining in the economic development of Ghana is evident in the country's colonial name, Gold Coast (Akabzaa T. and Darimani A., 2001). The Importance of Mining Industry in National Economic
May 07, 2018Economic development is a critical component that drives economic growth in our economy, creating high wage jobs and facilitating an improved quality of life. The business development team at the Orlando Economic Partnership works to attract, and retain jobs for the Orlando region.
Dec 03, 2013Mining companies have the potential to become leading partners in achieving the SDGs. Through their direct operations, mining companies can generate profits, employment, and economic growth in low-income countries. And through partnerships with government and civil society, they can ensure that benefits of mining extend beyond the life of the
The role played by ICT in supporting economic development may be considered as an alternative path to development. This paper examines the economy development of Nigeria and considering the fact that, Nigeria as a nation has so many qualified ICT personnel, ICT based training institutions and ICT based industries which is enough to form a
Mining Exploration in Africa is dedicated to the capitalization and development of mining interests in Africa, and for many African countries, mineral exploration and production constitute significant parts of their economies and remain keys to economic growth.
emphasized developing the rural economy,while the Third Plan has recornized the importance of developing the urban dconomy. 2. This study, therefore, considers three principal topics: 3) The impact of the past two national development prorrams on
Appropriate management of solid minerals should translate or some say return Nigeria from just a minerals country to a mining country. Any industry that can generate high economic yield, income, technology and massive employment at the same time -even at the risk of price fluctuation and exhaustibility - is source of economic development. I must disclose my bias immediately,