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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Solid minerals development-oriented investments and Nigeria's economic diversification: a strategic cross sectional diagnosis
Author:Agundu, Prince Umor C.ISNI
Year:2005
Periodical:African Administrative Studies
Issue:65
Pages:107-115
Language:English
Geographic term:Nigeria
Subjects:mineral resources
economic policy
Abstract:When oil prices started to fluctuate, the need for economic diversification arose in Nigeria. However, the diversification process has been more instinctive than constructive, and much emphasis has been laid on rediscovering and re-engineering the country's agricultural and agroindustrial potentials. Other strategic sectors of the economy, such as the solid minerals sector, have been largely neglected. This study examines the macroeconomic relevance of investments in solid minerals development in Nigeria with a view to establishing if significant achievement has been made over the years. It focuses on limestone production in the period 1979-1998. The analysis indicates that the sector has stagnated at paltry levels for the last two decades. Bibliogr., sum. [ASC Leiden abstract]
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