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Mining industry of Nigeria - Wikipedia, the free encyclopedia. The mining of minerals in Nigeria accounts for only 0.3% of its GDP, due to the influence of its vast oil resources.

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The economy of Nigeria is a middle-income, mixed economy and emerging market, with expanding manufacturing, financial, service, communications, technology and entertainment sectors. It is ranked as the 27th-largest economy in the world in terms of nominal GDP, and the 22nd-largest in terms of purchasing power parity .

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Components of Nigerian mining industry Legit.ng. Each component of Nigeria mining industry is extremely important and very expensive. When a company explores minerals and finally discovers a promising deposit, it still has to invest a lot of money into developing this area.

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