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impact of coal export and economic development in nigeria a - search results

Impact of Energy Consumption on Economic Growth in

Nigeria is heavily endowed with 22 mines of coal resources which have a total proven capacity of 2 billion tonnes. Coal was the first energy resource to be exploited in Nigeria. It then immediately became the power of the country but its relevance began to drop immediately after oil was discovered.

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Impact of Non Oil Export on Economic Growth in Nigeria

Impact of Non Oil Export on Economic Growth in Nigeria excluding oil products like coal, cotton, timber, groundnut, cocoa, beans, exhaustible asset makes it unreliable for sustainable development of the Nigeria’s economy (Utomi,2004). Rezaie (2013), maintains that the necessity of escaping from the single product exports and getting

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THE IMPACT OF EXPORT TRADING ON ECONOMIC GROWTH

The literature on international trade which suggests that exports have a positive impact on economic growth is known as the Export-led-growth (Giles & Williams, 2000). Different reasons have been proposed for explaining the evidence found in previous studies dealing with this issue on export-led growth. The simplest explanation is that, as

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THE ROLE OF NON-OIL EXPORT ON ECONOMIC DEVELOPMENT

The main thrust of this study is to carry out a critical assessment of non-oil exports in terms of its contribution to economic development in Nigeria. Non-oil exports in Nigeria includes, Agricultural products (cocoa, cotton, palm produce rubber and groundnut), solid mineral such as tin, ore, columbine and coal and manufactures.

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Effects of Non-Oil Export on The Economic Development Of

Effects of Non-Oil Export on The Economic Development Of Nigeria 1,Christopher Ifeacho,2,Omoniyi, B.O, 3,Olufunke Bosede Olufemi 1,2,3,School of Accounting, Economics and Finance, University of KwaZulu-Natal, South Africa and College of Education, Ikere-Ekiti, Nigeria.

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ECONOMIC DEVELOPMENT IN NIGERIA THROUGH THE

ECONOMIC DEVELOPMENT IN NIGERIA THROUGH THE AGRICULTURAL, MANUFACTURING AND MINING SECTORS: AN ECONOMETRIC APPROACH the findings show a positive impact of the structural adjustment programme 2.7.4 Outwardly-oriented or export-led development

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THE IMPACT OF SOLID MINERALS RESOURCES ON

Solid minerals, Economic Growth, Exports, Exchange Rate, OLS 1. BACKGROUND TO THE STUDY Mining is one of the oldest economic activities in Nigeria, dating back to 340BC. Early mining activity involved the extraction of gold and metallic substances. Most states have identified extensive mineral resources. However, most of this is unquantified.

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shipping trade and its impact on economic growth in nigeria

Dec 06, 2016 ABSTRACT. Study examines the impact of ocean shipping trade on the economic development of Nigeria, covering the period from 1976 to 2015. Ocean shipping trade, in thousand tons served as an independent variable in all three set of assumptions, the gross domestic product, the value of Nigeria’s external reserves and payment of external debt were used as proxies for the level of economic

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The Economic Impacts of Coal: Canada and B.C.

Impact of Coal Production on Our Economy •Coal industry contributed an estimated $5.2 billion to Canada’s GDP and $3.2 billion in B.C. •Total Cdn. coal export sales reported at $8.0 billion over $7.0 billion in B.C. •Coal exports grew over 300% over the last decade 16% average annual growth rate 6

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coal mining and its economic importance in nigeria

Coal Mining And Its Economic Importance In Nigeria. 2016-5-22Impact of Coal Export and Economic Development in Nigeria A Case Study of Nigerian Coal Corporation, Enugu Iyida M. N. Registry unit enugu state university of science and technology, enugu, nigeria.Coal mining not only helps provide energy for our nation, but it also creates long-term

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coal mining in nigeria economy

Jan 31, 2018 COAL MINING IN NIGERIA; THE OPPORTUNITIES. Mar 02, 2016 · Solid minerals contributed immensely to the economic development of Nigeria in the pre-independence years. During this period, Nigeria was known for the production of coal as an energy source for electricity, railways and also for export. Get price

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A study of coal production in Nigeria (Journal Article

Jan 01, 1991 @article{osti_6648036, title = {A study of coal production in Nigeria}, author = {Akarakiri, J B and Afonja, A A and Okejiri, E C}, abstractNote = {The Nigerian coal industry was studied. The focus was on the problems which have caused low production output of coal. More specifically, the study examined the present techniques of coal production, the causes of low production of coal, the coal

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THE IMPACT OF NONOIL EXPORT ON ECONOMIC GROWTH IN NIGERIA

Dec 15, 2016 In this study, the non-oil exports and economic development in Nigeria will be examined. Non-oil exports are the products, which are produced within the country in the agricultural, mining and querying and industrial sectors that are sent outside the country in order to generate revenue for the growth of the economy excluding oil products.

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Free Trade, Export Expansion and Economic Growth in Nigeria

Free Trade, Export Expansion and Economic Growth in Nigeria DOI: 10.9790/5933-0802028290 iosrjournals 83 Page 1.1 Objectives of the Study The main objective of this study is to assess the impact of free trade and export expansion on the economic growth of Nigeria.

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Nigeria's Solid Minerals as a Source of Economic Development

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.

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THE IMPACT OF CRUDE OIL PRODUCTION ON ECONOMIC GROWTH IN

May 22, 2003 The main Objective is to examine the impact of crude oil production on economic growth in Nigeria. Specific Objectives include; 1. To examine the impact of crude oil export revenue on economic growth in Nigeria. 2. To examine the transmission channel through which exchange rate is affected by crude oil export and thus economic growth in Nigeria.

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Railway and Nigeria’s economic development Businessday NG

Feb 19, 2017 Railway and Nigeria’s economic development. Railway and Nigeria’s economic development. On the Eastern axis, the discovery of coal at Udi (Enugu) in 1909 necessitated the construction of an Eastern rail line, coal being of strategic importance to British economic interests. The railway equally dramatically stimulated export

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The Importance Of Shipping To The Economic Development Of

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

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SOCIO-ECONOMIC IMPACT OF TOURISM DEVELOPMENT

economic effects of the area are not far-fetched in the later chapters. 1.2 Aim of the thesis The main aim of writing this thesis is to assess the socio-economic impact of tourism development in Nigeria as regard to the coastal area of Lagos state with a view of integrating more development

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THE IMPACT OF FOREIGN TRADE ON THE NIGERIA ECONOMY

In as much as Nigeria has benefited from foreign trade, it has also felt a negative impact of foreign trade. This is because of the fact that, Nigeria is not industrialized, hence Nigeria imports much more than it exports. This has caused and advance balance of payment (B.O.P) This study will help to a

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THE EFFECT OF ENERGY CONSUMPTION ON ECONOMIC

The relationships between energy consumption and economic growth have been investigated over time but there is still need for continuous research and development. Many studies are based on whether the economic growth leads to energy consumption or vice-versa. The findings of many empirical studies show that there is a strong correlation

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THE IMPACT OF NON-OIL EXPORT ON ECONOMIC GROWTH IN NIGERIA

Apr 03, 2017 ABSTRACT The essence of this work has been to determine the effect of non-oil export on economic growth in Nigeria, during the period of 1986-2010. In carrying out this study, secondary data were collected and empirical analysis was made. To achieve these objectives, multiple regressions were used in analyzing the data. The empirical results reveal

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The Impact of Trade on Economic Growth in ECOWAS

economic growth in the ECOWAS region is unclear and the question of whether trade promotes growth and development is controversial. In this paper, an attempt is made to analyse the impact of trade on economic growth both from a theoretical perspective and using econometric evidence from ECOWAS countries. In particular, an attempt is made to

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coal mining and its economic importance in nigeria

Coal Mining And Its Economic Importance In Nigeria. 2016-5-22Impact of Coal Export and Economic Development in Nigeria A Case Study of Nigerian Coal Corporation, Enugu Iyida M. N. Registry unit enugu state university of science and technology, enugu, nigeria.Coal mining not only helps provide energy for our nation, but it also creates long-term

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coal mining in nigeria economy

Jan 31, 2018 COAL MINING IN NIGERIA; THE OPPORTUNITIES. Mar 02, 2016 · Solid minerals contributed immensely to the economic development of Nigeria in the pre-independence years. During this period, Nigeria was known for the production of coal as an energy source for electricity, railways and also for export. Get price

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(PDF) The Impact of Agricultural Exports on Economic

The Impact of Agricultural Exports on Economic Growth in Nigeria. Download. Related Papers. ANALYSIS OF EXTERNAL INFLUENCES ON AGRICULTURAL PERFORMANCE IN NIGERIA. By Nahanga Verter. THE HECKSCHER‑OHLIN MODEL AND THE PERFORMANCE OF COCOA PRODUCTS IN NIGERIA. By Nahanga Verter.

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Nigeria's Solid Minerals as a Source of Economic Development

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.

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Impact of Manufacturing Sector on Economic growth in Nigeria

Impact of Manufacturing Sector on Economic growth in Nigeria. Anachusi Chiamaka. Download PDF. Download Full PDF Package. This paper. A short summary of this paper. 37 Full PDFs related to this paper. Read Paper. Impact of Manufacturing Sector on Economic growth in Nigeria. Download. Related Papers. MANUFACTURING SECTOR PERFORMANCE AND THE

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ENERGY CONSUMPTION AND NIGERIAN ECONOMIC

oil, Nigeria’s gas reserves are three times greater than its oil reserves. The government is committed to increasing gas production for domestic supply as well as for export evident by The Trans-Saharan Gas Pipeline currently in development. This will enable Nigeria to supply the continent of Europe with gas.

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THE EFFECT OF ENERGY CONSUMPTION ON ECONOMIC

The relationships between energy consumption and economic growth have been investigated over time but there is still need for continuous research and development. Many studies are based on whether the economic growth leads to energy consumption or vice-versa. The findings of many empirical studies show that there is a strong correlation

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Impact of Trade Liberalization on Economic Growth of Nigeria

The study seeks to analyze trade liberalization on Nigeria economic growth. In order to fully capture its effect on the economy, a thorough empirical investigation will be conducted with data covering a period of 37 years i.e. 1981-2016. This period was chosen to cover the period after the oil collapse and also the post debt-relief era.

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Nigeria Overview: Development news, research, data World

Oct 11, 2021 Development Challenges. While Nigeria has made some progress in socio-economic terms in recent years, its human capital development ranked 150 of 157 countries in the World Bank’s 2020 Human Capital Index. The country continues to face massive developmental challenges, including the need to reduce the dependency on oil and diversify the

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Nigeria Economy GDP, Inflation, CPI and Interest Rate

Sep 21, 2021 Nigeria Economic Outlook. October 19, 2021. The economy likely grew at a softer pace in the third quarter. The PMI averaged lower in July–September compared to the prior quarter, suggesting that economic conditions improved at a reduced speed. Moreover, credit growth slowed on average in July–August, further pointing to cooling momentum.

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THE ROLE OF NON-OIL EXPORT ON ECONOMIC DEVELOPMENT OF NIGERIA

The main thrust of this study is to carry out a critical assessment of non-oil exports in terms of its contribution to economic development in Nigeria. Non-oil exports in Nigeria includes, Agricultural products (cocoa, cotton, palm produce rubber and groundnut), solid mineral such as tin, ore, columbine and coal and manufactures.

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ANALYSIS OF THE EFFECTS OF OIL AND NON-OIL EXPORT

Abogan et.al (2014), observed the impact of non-oil export on economic growth in Nigeria between 1980 and 2010. It examined the significant role of non-oil export on economic growth which the previous studies might have ignored and the aggregate non-oil exports data used by

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Energy and sustainable development in Nigeria: the way

Jul 23, 2012 Access to clean modern energy services is an enormous challenge facing the African continent because energy is fundamental for socioeconomic development and poverty eradication. Today, 60% to 70% of the Nigerian population does not have access to electricity. There is no doubt that the present power crisis afflicting Nigeria will persist unless the government diversifies the energy

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Impact of Foreign Direct Investment on Economic

Mar 03, 2020 Abstract. This study was carried out to ascertain the impact of foreign direct investment on economic development in Nigeria between 1981 and 2018. Data employed for this study was elicited from World Bank Data Base-World Developmental Indicators of 2018 and Central Bank of Nigeria Statistical Bulletin of 2018.

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