Economic development in Nigeria: The role of agriculture, FDI and trade relations with China, India and the USA

Type :

Case study

Pages :

15 pages

Format :

.doc

Published date :

08/24/2009

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Summary :

 
 

Table of Contents Economic development in Nigeria: The role of agriculture, FDI and trade relations with China, India and the USA Table of Contents

 
  1. Abstract
  2. Introduction
  3. Research background
  4. Problem definition
  5. Aims and objectives of the study
  6. Rationale of research
  7. Literature review
  8. Research methodology
  9. Research approach
  10. Need and significance of the study
  11. Expected outcome of the study
  12. Definition of key terms and concepts
  13. References

Abstract

nigeria is one of the countries in Africa which have a large economy. It is also one of the most populated countries in Africa with the highest number of labor. The country is well endowed with mineral resources compared to other countries in Africa. It is the largest oil producer in Africa and is recognized in the OPEC circles as one of the important oil producers in the world. However, nigeria is yet to reap maximum economic benefits from its vast resources due to rampant civil conflicts and institutional weaknesses.

nigeria is the most populous nation in Africa. Global Edge estimates indicate that nigeria had population of 135,031,164 as of July 2007. nigeria is also one of the richest countries in Africa in terms of resource endowments. It is one of the OPEC countries with large oil reserves. Global Edge statistics further indicate that nigeria registered a GDP (real growth rate) of $191.4 billion by purchasing power parity in 2006 with the statistics from Economist indicating that the country achieved GDP growth of 6.2% in 2007 and a projected growth rate of 6.8% in 2008. By sector, agriculture accounts for 17.3%, industry 52.3% and service sector 29.5% according to Global Edge 2007 estimates.

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About the author :

pencil image Paul I. Zemelle Properties Limited
Level :General public Study : Marketing School/University : The University of Nairobi

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