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Nairaland Forum / Nairaland / General / Business / What Resources Apart From Oil Contributes To 40% Of Our GDP? (8554 Views)
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What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 12:57pm On Dec 09, 2011 |
What Resources Do We Have Apart From Oil, That Contributes To 40% Of Our Gdp?pix As we all know, the Oil reserves will soon finish. What resources do we have except from Oil, that contributes over 40% of our GDP? I am not talking about "paper" resources or "we have this" without evidence. I am talking about actual significant [/b]contribution to the Nigerian project[b] without the oil from the Niger delta (which includes Imo, Abia and Ondo). |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:00pm On Dec 09, 2011 |
WORRIED by the evils of crude oil in the oil-bearing communities of the Niger Delta, Bitumen-bearing communities of Ondo, Ogun, and Edo States of Nigeria, rose from a consultative forum in Benin City, the Edo State capital, on Tuesday, with a strong voice, clamouring for a national conference on the matter. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by Kobojunkie: 1:01pm On Dec 09, 2011 |
[size=13pt]Oil does not contribute 40% of your GDP. It contributes about 16%. Agriculture contributes about 40% of your GDP. [/size]At least do your home work if you are going to open threads on issues that are somewhat beyond you. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:01pm On Dec 09, 2011 |
The Weppa Farm rice farm and mill in Edo state |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:03pm On Dec 09, 2011 |
Kobojunkie: I know that. I was misunderstood (forgot the comma). Apologies. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:03pm On Dec 09, 2011 |
The Weppa Farm rice farm and mill in Edo state |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:04pm On Dec 09, 2011 |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by blacksta(m): 1:05pm On Dec 09, 2011 |
Yahoo Yahoo at least 5% of GDP |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:07pm On Dec 09, 2011 |
Cashew Local production of cashew nuts to hit 400,000 tonnes |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:14pm On Dec 09, 2011 |
Rubber:Rubber trees plantation in Edo state. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:15pm On Dec 09, 2011 |
Around the Kajuru Castle, Kaduna State, Nigeria. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:19pm On Dec 09, 2011 |
Cocoa Cocoa is grown principally in West Africa, Central and South America and Asia. In order of annual production size, the eight largest cocoa-producing countries at present are Côte d'Ivoire, Ghana, Indonesia, Nigeria, Cameroon, Brazil, Ecuador and Malaysia. These countries represent 90% of world production. Ondo State is planning a massive cocoa revamp programme that may put the nation back on track as the powerhouse of cocoa production in the world. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:23pm On Dec 09, 2011 |
International Institute of Tropical Agriculture [IITA] Farm, Ibadan evaluating maize plants |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:24pm On Dec 09, 2011 |
Cocoa increasingly accounted From Ondo, Ekiti and Edo! |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by igbo2011(m): 1:24pm On Dec 09, 2011 |
http://chikauwazie.com/2011/09/21/governor-business-investment-forum-was-it-worth-attending/ A few days ago I told my followers on twitter that I will be attending a business investment forum that included six Nigerian governors. These governors were from Benue, Imo, Ogun, Cross Rivers, Rivers, and Katsina. The forum had several pros and cons, but overall I enjoyed the information that was given. I believe the forum was really the first of its kind in the United States, and it shows that some Nigerian governors are ready to work. I personally learned a lot of valuable information, about the different states and the resources that each state naturally has. One thing that stood out to me during this whole event was that each governor stressed the importance of agriculture, and that oil has blinded us from seeing the benefits of farmers. What is ironic about this statement is that the federal government seems to be doing everything to be against agriculture, as we do not have friendly policies and the banks refuse to give out loans to farmers. While the forum offered good information, I will say that I do not see any really business deals coming out of it. There were no small meetings arranged to meet with the governors one on one , and of course the business as usual politics were played on who can speak with the governors. Nonetheless below I posted some interesting facts I learned. Enjoy !!! |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:25pm On Dec 09, 2011 |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:27pm On Dec 09, 2011 |
igbo2011: Thanks for that, brother! But, what has been the contribution of Gold or Diamond to Nigeria's GDP? I know of Limestone, that is why Africa's richest man (Dangote) is investing in Ogun state. Others like quartz et.al have contributed NOTHING to Nigeria's GDP. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:28pm On Dec 09, 2011 |
Shonga Farm Kwara (They supply a lot of Nigerian retailers with food products such as KFC with Chicken and Bananas to Shoprite) |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by igbo2011(m): 1:31pm On Dec 09, 2011 |
jason123:Africa exports to much, we should be processing first then exporting the rest to other countries. This same eal goes with all of our resources. Africa is ike a big plantation for other countries. Export crude oil, import finished petroleum product, cotton import finished clothing, export rubber import tires. It shouldn't be like this. We don't NEED anyone, we have everything in the world in the continent. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:35pm On Dec 09, 2011 |
Abakalili and Ofada rice in Ebonyi and Ogun state. http://www.academicjournals.org/ajmr/PDF/Pdf2010/18Aug/Somorin%20and%20Bankole.pdf http://allafrica.com/stories/200712270192.html http://www.jstor.org/pss/1236333 [img]http://t2.gstatic.com/images?q=tbn:ANd9GcRyP9n_Ahn_jnJK8CHapDFIkXg2wmV45AXscZdwHJC988Ryw655BQ[/img] [img]http://t3.gstatic.com/images?q=tbn:ANd9GcQoM6UwFgCTCUiXyL135L3Sg5g363zUjpBCEkMjCi2BzgPMGgwFpA[/img] [img]http://t0.gstatic.com/images?q=tbn:ANd9GcQrimWoxw3jkrm_vVDkShLdRiHNp2eeJfQ0Tkt3HNfdjzjOpQ4Y_Q[/img] [img]http://t1.gstatic.com/images?q=tbn:ANd9GcSyIF3EamfPup8ydydxqRm0kgMhOYdDLDn6IwZqjizyxzArbg82[/img] [img]http://t3.gstatic.com/images?q=tbn:ANd9GcTJqORBRhXxjkMeGHwefP7TuXcnKNVhDIeIEapWhCOzcQxld2Y6[/img] |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:37pm On Dec 09, 2011 |
igbo2011: I again agree with you. I can sense the passion in you to make Nigeria and indeed, Africa great but as things stand now, we have to make do with OUR comparative advantage. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:41pm On Dec 09, 2011 |
Cassava The study on "A Cassava Industrial Revolution in Nigeria" coordinated by the International Institute of Tropical Agriculture (IITA) is in line with the Global Cassava Strategy. It was prepared as a contribution to the joint effort by IITA and the Federal Government of Nigeria to enhance the Nigerian Cassava Industry. This has been followed-up with similar support from many of the petroleum and crude oil producing companies operating in Nigeria to ensure that this effort is achieved. THE World Bank has aid that Nigeria as the largest producer of cassava, could develop its econonmy by exporting quality cassava and other commodities other than oil.The second quote was for the people that thinking Nigeria is fully dependent on Oil. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:43pm On Dec 09, 2011 |
Ibadan – By the middle of 2014, more than 150,000 households in Nigeria are expected to be eating vitamin A fortified yellow cassava, an international agricultural organisation, HarvestPlus, said Thank you Mr. PRESIDENT GEJ!!! |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:45pm On Dec 09, 2011 |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:48pm On Dec 09, 2011 |
Yam in the SE Nigeria:
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Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 1:51pm On Dec 09, 2011 |
is generally agreed that the Oil Palm (Elaeis guineensis) originated in the tropical rain forest region of West Africa. The main belt runs through the southern latitudes of Cameroon, Côte d’Ivoire, Ghana, Liberia, Nigeria, Sierra Leone, Togo and into the equatorial region of Angola and the Congo. Processing oil palm fruits for edible oil has been practiced in Africa for thousands of years, and the oil produced, highly coloured and flavoured, is an essential ingredient in much of the traditional West African cuisine. The traditional process is simple, but tedious and inefficient. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by igbo2011(m): 1:53pm On Dec 09, 2011 |
jason123:Oil brings the most money though. 80% of government revenue is from oil |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 2:00pm On Dec 09, 2011 |
igbo2011: Because of the over investment of Nigeria in the Oil sector. You have to bear in mind that other sectors have not received as much attention as oil, yet they are doing well. With the right attention and dedication, you'll be surprised. Malaysia does not have oil but they have palm fruit in abundance, take a look of where they are today. Secondly, Oil is less labour intensive, this can only feed a maximum of about 10 000 workers per company while Agriculture can have over 100 000 per farm land. An economy based on OIl will simply widen the gap between the rich and poor (like Nigeria) causing a revolution, unlike an economy based on Agriculture (like Nigeria in the 1960s) where is little gap. It was peaceful then. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 2:03pm On Dec 09, 2011 |
igbo2011: Also, notice that an economy based on natural resources instead of agriculture or a 50% mixture of both, is usually ran down because of GREED! |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by igbo2011(m): 2:08pm On Dec 09, 2011 |
jason123:There are also foreign powers that corrupt the people. If you look at Mauritius, foreign powers aren't there as much because htey have no resources. Since Nigeria has oil and America imports a lot of their oil from Nigeria, it is very important to have those resources. The Congo is CURSED with resources. America kills all their good leadrers like Lumumba in the 1961 and Kabila in 2001. imperialism plays a big role too. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by jason123: 2:13pm On Dec 09, 2011 |
igbo2011: Since we know that and we are humans, why don't we move away from Oil? I hate natural resources. There is nothing better than peace. |
Re: What Resources Apart From Oil Contributes To 40% Of Our GDP? by igbo2011(m): 2:24pm On Dec 09, 2011 |
jason123:Badluck Johnathon and the majority of the bad past rulers want to oppress ANigerians. THey are good housen egros for Obama, Cameron, Sarkozy, and co. Gaddaffi was a rebel so they killed him. Just like Sankara, Che Guervara, Allende, etc. The list goes on. If Africans had a high standard of living then raw materials would be more expensive so other countries would be poor. The west wants to keep Africa poor forever until there are no more resources. We need rebels as leaders. General Buhari would stand up to imperialism. |
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