WhatsApp)
Economic Importance of Plants Plants are extremely important in the lives of people throughout the world. People depend upon plants to satisfy such basic human needs as food, clothing, shelter, and health care. These needs are growing rapidly because of a growing world population, increasing incomes, and urbanization . Source for information on Economic Importance of Plants: Plant Sciences ...
Nigeria is the 49th largest export economy in the world and the 124th most complex economy according to the Economic Complexity Index (ECI). In 2017, Nigeria exported and imported, resulting in a positive trade balance of In 2017 the GDP of Nigeria was 375B and its GDP per capita was
The Role of Agriculture in Nigeria''s Economy. Agriculture has been regarded in recent times as the most viable route with which Nigeria can successfully meander from her current economic dilemma. This article is aimed at shedding some light on the role of agriculture in the Nigerian economy.
What Is the Economic Importance of Maize? Economic Importance of Maize Economic Importance of Viruses Economic Importance of Algae History of Maize Importance of Maize Economic Importance of Bacteria Difference between Corn and Maize Economic Development
The economic importance of rocks and minerals has to do with how rocks and minerals are important to what we use daily. For example, I know the rock slate is used primarily for chalks.
PDF | Nigeria is a country endowed enormously with both human and natural resources. Some of these resources include amongst others livestock, arable land and mineral deposits. Today the minerals ...
Nigeria: Case Study. The African nation of Nigeria has long been a case of interest for the study of political and economic development. This country is a great example of a postcolonial developing nation and its developmental history contains very important lessons about the political and economic retardation of the developing World.
The Properties of Marble and Its Uses. Very few rocks have as many uses as marble. It is used for its beauty in architecture and sculpture. It is used for its chemical properties in pharmaceuticals and agriculture. It is used for its optical properties in cosmetics, paint, and paper.
Nigeria is blessed with numerous natural resources. The list below shows types of natural resources in each state.
The importance of rice: 1. Rice as a global staple food Rice, wheat, and maize are the three leading food crops in the world; together they directly supply more than 50% of all calories consumed by the entire human population.
Important economic minerals. These are specimens of economic minerals from the University of Auckland''s collection. These minerals are economically important to us as they are either the sources of industrial materials or of chemicals used in industrial processes.
Stingless bees (or meliponines) are a tropical group of social bees that are of economic importance in many of the areas of the world in which they occur. While they make honey like the honey bee, yield is far less per colony per year. They are also important pollinators of wild plants and crops such as macadamias and mangoes.
Nigeria Nigeria Economy: The Nigerian economy is one of the largest in Africa. Since the late 1960s it has been based primarily on the petroleum industry. A series of world oil price increases from 1973 produced rapid economic growth in transportation, construction, manufacturing, and government services. Because this led to a great influx of rural people into the larger urban centres ...
Nigeria produces only about % of the world''s oil supply (in comparison, Saudi Arabia produces %, Russia produces % and the United States produces %). Although the petroleum sector is important, as government revenues still heavily rely on this sector, it remains a small part of the country''s overall economy.
Start studying Chapter 7 Macroeconomics. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Search. ... Economic growth is important to understand because: ... Nigeria. Statement regarding economic growth is supported by the history of mentioned countries? (japan, south korea, argentina, nigeria)
Nigeria is endowed with varieties of valuable solid minerals and rocks. These minerals/rocks are capable of boosting the economic potentials of the country if fully exploited. Marble is one of such rocks that occur prominently in Obajana area of Kogi State, North Central, Nigeria. Twenty five (25) marble samples were subjected to geochemical ...
Limestone Mining In Nigeria, The PreFeasibility Report ₦ 100, Nigeria is blessed with abundant mineral resources, which are from time immemorial formed the backbone of the nation''s economic and industrial development aspirations.
Barite is the primary ore of barium, which is used to make a wide variety of barium compounds. Some of these are used for xray shielding. Barite has the ability to block xray and gammaray emissions. Barite is used to make highdensity concrete to block xray emissions in .
An Empirical Analysis of the Contribution of Mining Sector to Economic. 89 the discovery ofcrude oil was a major contributor to economic growth (Martin and Subramanian, 2003). However, the collapse of oil price, increasing unemployment among youth, the restiveness in the Niger Delta, the global economic recession among others have
Access the latest politics analysis and economic growth summary through 2011 for Nigeria from The Economist Intelligence Unit
worry over the development of a national and functional fiscal federalism for Nigeria is well founded. 2. Conceptual issues Fiscal federalism is a byproduct of federalism. Federalism is a political concept in which power to govern is shared between national, and subnational governments creating what is often called a federation (Arowolo
Nigeria is an increasingly important market and manufacturing center for the African consumer product sector. Nigeria is currently home to a growing middle class now estimated to be about 50 million, and it is a clear leader in the regional economic grouping ECOWAS and regionalization efforts.
This article is looking at the role of SMEs in Nigeria economic development. It is a review on how the micro, small and medium scale enterprises (MSMEs) have contributed to the economic growth in Nigeria, African and other countries of the world.
Products made with limestone: Limestone is an essential mineral commodity of national importance. Some of the many products made using limestone are shown in this photograph: breakfast cereal, paint, calcium supplement pills, a marble tabletop, antacid tablets, highquality paper, white roofing granules, and Portland cement.
WhatsApp)