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your online source for breaking international news coverage.Formal theory. Formally tips telecommunication and transportation sectors of the economy are dominated by government-owned companies. Ethiopia has one of the fastest …2016 94 of the Nigerian Mineral and Mining Act 22016424· An Empirical Analysis of the Contribution of Mining Sector to Economic Development In Nigeria. April 2016. Khazar Journal of Humanities and Social Sciences 19 (1) DOI: 10.5782/2223-2621.2016.19.1 ...The Importance of Mining to Nigeria's Economy in. Colonial times. E. K. Faluyi. Abstract. Nigeria's sudden leap into oil wealth in the early 1960s caused the neglect ofagriculture and solid mineral resources which sustained her economy during the colonial period and the critical years of the civil war. But the oil glut in the 1980s and the ...· The importance of mining and quarrying in accelerating the pace of economic growth in Nigeria should rather motivate the government to deregulate and reform the sector. This will enable the government to attract investors into the sector while effectively planning to encourage the proliferation of small-scale artisan medium-scale and largeNigeria is richly endowed with minerals and she has a very high significant share in the world's mineral market. The country relies heavily on the mining industry
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