Nigeria is endowed with several mineral commodities which are widely distributed. The Country was once a major mineral producer, accounting for substantial production of Cassiterite (tin), Gold, Coal, Lead/Zinc Sulphides, Tantalite and Columbite. The Geology of Nigeria is comparable to those of other countries where world class […]
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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. Rights […]
Read more →Until the late 1970’s when hydrocarbon was discovered in commercial quantity in Oloibiri, present day Bayelsa state, Agriculture remained the mainstay of the economy contributing over 90% of the Gross Domestic Product (GDP) of the country as against the less than 40% it now contributes with crop […]
Read more →Extensive market research has revealed that palm kernel oil {PKO} is an everyday goods used by individuals as well as Industries. Thus, the market is ongoing and is not dependent on economic cycles and can be described as a FMCG (fast-moving consumer goods) commodity market, hence the […]
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