You are here -allRefer - Reference - Country Study & Country Guide - Nigeria >

allRefer Reference and Encyclopedia Resource

allRefer    
allRefer
   


-- Country Study & Guide --     

 

Nigeria

 
Country Guide
Afghanistan
Albania
Algeria
Angola
Armenia
Austria
Azerbaijan
Bahrain
Bangladesh
Belarus
Belize
Bhutan
Bolivia
Brazil
Bulgaria
Cambodia
Chad
Chile
China
Colombia
Caribbean Islands
Comoros
Cyprus
Czechoslovakia
Dominican Republic
Ecuador
Egypt
El Salvador
Estonia
Ethiopia
Finland
Georgia
Germany
Germany (East)
Ghana
Guyana
Haiti
Honduras
Hungary
India
Indonesia
Iran
Iraq
Israel
Cote d'Ivoire
Japan
Jordan
Kazakhstan
Kuwait
Kyrgyzstan
Latvia
Laos
Lebanon
Libya
Lithuania
Macau
Madagascar
Maldives
Mauritania
Mauritius
Mexico
Moldova
Mongolia
Nepal
Nicaragua
Nigeria
North Korea
Oman
Pakistan
Panama
Paraguay
Peru
Philippines
Poland
Portugal
Qatar
Romania
Russia
Saudi Arabia
Seychelles
Singapore
Somalia
South Africa
South Korea
Soviet Union [USSR]
Spain
Sri Lanka
Sudan
Syria
Tajikistan
Thailand
Turkmenistan
Turkey
Uganda
United Arab Emirates
Uruguay
Uzbekistan
Venezuela
Vietnam
Yugoslavia
Zaire

Nigeria

MINING, PETROLEUM, AND ENERGY RESOURCES

Petroleum products accounted for two-thirds of the energy consumed in 1990, but Nigeria also had substantial resources in the form of hydroelectricity, wood, subbituminous coal, charcoal, and lignite. In the 1980s, most cooking was done with wood fuels, although in urban areas petroleum use increased. Coal, originally mined as fuel for railroads, largely had been replaced by diesel oil except in a few industrial establishments. Coal production fell from 940,000 tons in 1958 to 73,000 tons in 1986, only a fraction of 1 percent of Nigeria's commercially produced energy.

Tin and columbite output fell from the 1960s through the 1980s as high-grade ore reserves became exhausted. A fraction of the extensive deposits of iron ore began to be mined in the mid1980s , and uranium was discovered but not exploited. Almost none of these minerals left the country, however, as petroleum continued to account for virtually all of Nigeria's mineral exports.

Mining contributed 1.0 percent of GDP in FY 1959, on the eve of independence. This sector's share (including petroleum) stood at more than 14 percent in 1988. Mining's general upward trend since l959, as well as the fluctuations in the size of its contribution to GDP, can be attributed to the expansion and instability of the world oil market since 1973.

Data as of June 1991

Nigeria - TABLE OF CONTENTS

  • The Economy

  • Go Up - Top of Page

    Make allRefer Reference your HomepageAdd allRefer Reference to your FavoritesGo to Top of PagePrint this PageSend this Page to a Friend


    Information Courtesy: The Library of Congress - Country Studies


    Content on this web site is provided for informational purposes only. We accept no responsibility for any loss, injury or inconvenience sustained by any person resulting from information published on this site. We encourage you to verify any critical information with the relevant authorities.

     

     

     
     


    About Us | Contact Us | Terms of Use | Privacy | Links Directory
    Link to allRefer | Add allRefer Search to your site

    ©allRefer
    All Rights reserved. Site best viewed in 800 x 600 resolution.