problems facing mining industries in Nigeria. Inadequate capital: Fund is always inadequate for the exploration or mining of minerals in the country. Poor transportation network: Most of the areas where minerals are located are inaccessible by good roads and rail system. Use of outdated topographical maps: Most of the topographical maps used in ...
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Get MoreCOMPONENTS OF THE NIGERIAN MINING INDUSTRY The components of the Nigerian mining industry include the various mineral resources that can permit an industrial growth of about 10% to the overall development of the economy. MINING 15.1 PERFORMANCE OBJECTIVES At the end of this chapter, students should be able to: State the types of mineral found… Continue reading COMPONENTS OF THE NIGERIAN ...
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Get MoreMinerals:Gold, columbite, wolframite, tantalite, bitumen, iron ore and uraniume Independence: 1 October 1960 Area: 923,768 km2 Mining fact: Despite massive mineral wealth, the Nigerian mining industry is vastly underdeveloped and only accounts for 0.3% of the country's GDP – and this due to oil resources. The underdevelopment is resulting in Nigeria having to import processed minerals ...
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