Because of the growing pressures for development of strippable coal reserves in the West and the potential for net negative local socio-economic impacts, the Surface Environmental and Mining Program (SEAM) of the U.S. Forest Service funded a study to examine the impact of coal
Moreover, human capital is underdeveloped—Nigeria ranked 151 out of countries in the United Nations Development Index in 2004—and non-energy-related infrastructure is inadequate. From 2003 to 2007, Nigeria attempted to implement an economic reform program called the National Economic Empowerment Development Strategy (NEEDS).
The Impact of Agricultural Exports on Economic Growth in Nigeria. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 64(2): 691–700. Agriculture is the backbone of Nigeria's socioeconomic development. This paper investigates the impact of agricultural exports on economic growth in Nigeria using OLS regression, Granger ...
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.
The main purpose for the use of coal in Nigeria is for the operation of railway system. Coal was converted to diesel after Nigeria civil war and the coal mining industry was abandoned. The Nigerian government is currently trying to privatize the Nigerian Coal Corporation and sell off its assets.
Impact of Coal Export and Economic Development in Nigeria ... Impact 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. Abstract: Nigeria is endowed with mineral resources among which coal.
This paper tries to examine "The impact of non oil export on economic growth in Nigeria". using the Ordinary Least Square (OLS) for the analysis with the aid of data sourced from CBN statistical bulletin for the period of 1980 to 2010.
Mailing and Delivery Address: 1000 Wilson Boulevard, Suite 1600, Arlington, VA 22209-3901 Phone: 703–875–4357 • Fax: 703–875–4009 • Web site: • email: [email protected] FEASIBILITY STUDY NIGERIAN COAL RESOURCE DEVELOPMENT Prepared for: Ministry of Solid Minerals Development Federal Republic of Nigeria
While revenue from gold had started declining by 1945, petroleum had, by 1958, started contributing to Nigeria's export earnings. The colonial authorities built some basic infrastructural facilities in Nigeria. But, in this sector also, the motive of promoting the economic interest of the authorities was clear.
cases, the causality ran both ways. For instance, while economic growth can have positive effects on health, education and infrastructure, these in turn. also have positive effects on economic growth. The negative effects discussed on the other hand include creative destruction, natural social tension,
Nigeria is endowed with mineral resources among which coal. This product was playing a leading role in the supply of energy for the industrial sector before th…
relationship between export and growth or between import and growth or the association between export, import and economic growth. Exports of goods and services are seen as an engine of economic and social development for a number of reasons, including exports that require companies to innovate and improve to maintain market share.
Economic development in Nigeria | Geography. Nigeria is an NEE and one of the economic leaders in Africa. Nigeria is rich in oil, and this makes 75 per cent of government money, but the rapid economic growth (over 7 per cent per year since 2009) is found mostly in the non-oil sector (according to the IMF).
Jan 20, 2015· In the aspect of the economic development of Nigeria's Industrial finance, the Federal Government in the bid to provide additional finance to industries in the country, established banks and financial institutions. An example of such financial establishments is the Nigerian Industrial Development …
significant impact on economic growth in Nigeria proxied by GDP. Non-oil export was also found to be positively and significantly impacting to economic growth in Nigeria proxied by GDP. Foreign reserve also has a positive and significant impact on economic growth. The result shows that the overall regression was statistically significant at
The impact of international trade on economic growth in Nigeria has generated large volume of empirical studies with mixed findings using cross sectional, time series and panel data. International trade is generally believed to be positively related with growth (Adam Smith, 1776). This …
Agricultural exports In Nigeria, agricultural export has played a prominent role in economic development by providing the needed foreign exchange earnings for other capital development projects. According to Ekpo and Egwaikhide (1994) agricultural export commodities contributed well over 75% of total annual merchandise exports in 1960. Nigeria
International Trade and Economic Growth in Nigeria . Babatunde Afolabi. α, Jonathan D. Danladi. σ & Muhyideen I. Azeez. ρ. Abstract- This study examined the impact of international trade on economic growth in Nigeria, with the objective of identifying the major factors influencing economic growth through international trade and make policy ...
This paper attempts to highlight the areas of impact of oil on economic policy formulation in Nigeria, as well as the implications and indications of the possible way forward. The two major planks of the paper will be the policy trend prior to the advent of oil, the pattern since its evolution and the policy
coal mining and its economic importance in nigeria. coal mining and its economic importance in nigeria coal mining and its economic importance in nigeria Impact of Coal Export and Economic Development in Nigeria (A As time went on, the leading role of coal in the country's energy mix declined rapidly, following the discovery of, More Info
We analyzed the economic growth model using human capital, popula-tion growth, property rights, and political rights, share of mineral exports to total exports, real growth of mining, real growth of agriculture, real growth of manufacturing and growth in foreign direct investments for the period 1970 - 2008.
6 3. Modeling and Data collection To investigate the effects of financial development, economic growth, coal consumption and trade openness on CO2 emissions along with the existence of environmental Kuznets curve, we followed Halicioglu  for Turkey, Menyah and Wolde-Rufael  for South Africa and Shahbaz et al.  for Pakistan.
economy of Indonesia. It was therefore concluded that exports and economic growth exhibits two-way cause structure, which is Export Leads to Growth in the long-run and Growth Leads to Export in the short-run. (Akanni, 2007) studiedthe impact of income generated from oil export on the economic growth in Iran, using the
macroeconomic impact of oil exports on the economy of Nigeria. With the use of OLS technique, he observed that economic growth reacted in an expected way to changes in the variables used in the study. He found that a 10% increase in the volume of oil exports would lead to a 2.2% increase in economic growth.
cointegrating relationship between exports and economic growth, previous papers use mainly Engle and Granger (1987), Johansen (1988) and Johansen and Juselius (1990) approaches. However, this study will test of the impact of exports and imports on the economic growth of …
Impact 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. Abstract: Nigeria is endowed with mineral resources among which coal. This product was playing a leading
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