DIVERSIFICATION OF THE NIGERIAN ECONOMY: AGRICULTURE AND SOLID MINERALS AS PANACEA*

dc.creatorEvbuomwan, Grace O.
dc.date2016
dc.date.accessioned2025-04-01T14:51:37Z
dc.descriptionDiversification of the Nigerian economy with specific emphasis agricultural and solid mineral sectors is feasible in view of Nigeria's endowment. Nigeria has a large expanse of agricultural land. This 77.7 per cent of Nigeria's tota l land area which is 910.8 thousand kilometres. Of this total, 37.3 per cent is arable land, 7.4 per cent is permanent crop and 9.0 percent is under forest. Therefore, substantial still available for agricultural activities. Most importantly, Nigeria's a diverse, which include four sub-sectors, namely; crop, livestock, fishery forestry which are yet to be ful ly exploited. In the same vein, Nigeria is bl with a wide variety of solid minerals which are widely distributed in the states of the Federation. So far, about 33 solid mineral commott occurring in about 450 locations nationwide have been identified. include coal, cassiterite (tin ore), columbite, marble, tantalite, wolfram, lead, zinc, limestone, kaolin, clay, shales, and radioactive minerals monazite, zircon, molybdelite and barytes. Others are glass sand, sand, uranium, serpentine, phosphate, cuprite, granite, talc ore, feldspar, bentonite, soda ash, iron ore, dolomite, etc. Thus, Nigeria with most of the mineral raw materials needed as inputs for production. An effective partnership between government and the sector in exploiting these abundant agricultural and solid mineral which are well distributed all over the country, will certainly put Nigeria part of sustainable growth and development.
dc.formatapplication/pdf
dc.identifierhttp://eprints.covenantuniversity.edu.ng/10231/
dc.identifier.urihttps://repository.covenantuniversity.edu.ng/handle/123456789/39586
dc.languageen
dc.publisherCentral Bank of Nigeria
dc.subjectH Social Sciences (General), HG Finance
dc.titleDIVERSIFICATION OF THE NIGERIAN ECONOMY: AGRICULTURE AND SOLID MINERALS AS PANACEA*
dc.typeArticle

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