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Mono-cultural Economy and Transformation Agenda in Nigeria

2,000

Nigeria is the 8th largest oil producer in the world, the largest in Africa, sith in the organisation of petroleum exporting countries (OPEC), fifth-largest supplier to the United States and the most endowed oil producer in sub-Saharan Africa. The contribution of the oil industry to Nigeria’s foreign exchange earnings cannot be over-emphasised.

However, the impact of the sector on employment generation, value addition and diversification of other sectors of the economy has remained comparatively low.

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Description

Nigeria is the 8th largest oil producer in the world, the largest in Africa, sith in the organisation of petroleum exporting countries (OPEC), fifth-largest supplier to the United States and the most endowed oil producer in sub-Saharan Africa. The contribution of the oil industry to Nigeria’s foreign exchange earnings cannot be over-emphasised.

However, the impact of the sector on employment generation, value addition and diversification of other sectors of the economy has remained comparatively low.

Additional information

Weight 0.2 kg