Exploitation of mineral resources has assumed prime importance in several developing countries including Nigeria. Mineral resources are an important source of wealth for a nation but before they are harnessed, they have to pass through the stages of exploration, .
CHAPTER 9 LOCAL COMMUNITIES AND MINES 198 Sustainable Development at the Community Level 200 Gains and Losses at the Local Level 201 An Economic Perspective 202 A Social Perspective 206 A Cultural and Political Perspective 207 An Environmental Perspective 208 Maximizing Mining's Contribution to Communities 209 Revenue Distribution and Use
has contributed positively and consistently to economic growth in Nigeria, reaffirming the sector‟s importance in the economy. The contribution of agriculture to economic growth is further affirmed from a causality test which showed that agriculture growth Grangercauses GDP growth, however no reverse relationship was found.
Nigeria with a view to ascertaining the provisions of the relevant laws. The public service is an organized that is responsible for managing the resources of a nation on behalf of the people who are the owners of these resources; it is run by both elected and appointed officials. According to
Agriculture is an important sector in the developing world. It contributes to economic growth and development as well as a major employer to majority of the people of SubSaharan Africa including Nigeria, especially those in the rural areas. This study investigated the role of agriculture to Nigeria's economic growth and development.
Many of these jobs are in the areas of recreation and tourism. Additionally, coastlines provide economic opportunity in transportation, construction, boating, shipping, and oil and drilling. Farmland provides a nation with fertile soil that is renewable and suitable for agricultural uses.
The role of minerals in the Botswana economy The mining sector Mining has long been the dominant sector of the Botswana economy. For most of the past 35 years, it has been the largest contributor to GDP, largest contributor to government revenues .
Jun 09, 2019· For there to be economic development in Nigeria, there should be economic empowerment by both government and individuals. There should be free seminar organization by successful businessmen and women as well as the government. This will create awareness and impact on becoming good entrepreneurs in the country.
Economic activities are related to production, distribution, exchange and consumption of goods and services. The primary aim of the economic activity is the production of goods and services with a view to make them available to consumer.
the type or kind of mining being undertaken is capital intensive. It is a highrisk as well as a high reward business for mining companies and communities (Wood, 1999). The historical importance of mining in the economic development of Ghana is considerable and well documented, with the country‟s colonial name Gold Coast,
THE alarm raised by the Nigerian Conservation Foundation (NCF) that the rate of dredging and mining sands in Lagos is a pointer to disaster waiting to happen, is a call to action by various ...
The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry.
Mar 29, 2010· The Nigeria Communications Commission has the responsibility to develop mobile and internet communication facilities in the country. Mining: The nonoil mining sector is yet to be developed completely to contribute towards national production. The country has significant reserves of coal, iron, gold, uranium and tantalum.
However, it is still very important for Nigeria to increase the growth rate in other sectors of the economy. A good way of generating economic growth is through educational development. The basic importance of education is to enable individuals with knowledge and the ability to apply that knowledge.
Roles of Financial Markets in Economic Growth. Financial market is pivotal to the resurgence in other sectors, and will kick start the Nigeria economy. As a viable Investment environment, Nigeria will be attractive to meaningful foreign investments and local participation. Unemployment, corruption, and .
Jun 23, 2016· Most of us are already aware of the fact that mineral resources form a primary pillar of economy of Australia. According to macroeconomics assignment help experts, the industry of mineral resources attributes more than 6% of the nation's economy a...