Mining industry of Nigeria

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Mining industry of Nigeria

The discovery of oil in 1956 hurt the mineral extraction industries, as government and industry both began to focus on this new resource. The Nigerian Civil War in the late 1960s led many expatriate mining experts to leave the country. ...

Mining industry of Nigeria

Mining industry of Nigeria The mining of minerals in Nigeria accounts for only 0.3% of its GDP , due to the influence of its vast oil resources. The domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it could produce domestically, such as salt or iron ore .

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