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What are the major steps of industrialization in Nigeria?

Oil production


What is the position of nigeria in mineral oil production in the world?

first


Nigeria's largest production of oil in barrels per day?

About 2,300,000 barrels.


How many barrels of oil does Nigeria produce in a day as at today?

Nigeria has a maximum production capacity of 3 million barrels per day. In 2006, Nigeria averaged approximately 2.45 million barrels per day of production.


What is the top oil producing country in Africa?

Nigeria (Production: 2,352,000 bbl/day)


List of top 20 countries of crude oil production?

Nigeria is the largest oil producing in the world with her bad government.


Why is oil importent to Nigeria?

Oil is important to Nigeria's economy because it is 90% of Nigeria's income. The money made from selling oil to other countries helps to build highways, schools and factories. Falling oil prices around the world caused Nigeria's income to drop. Also, years of low rainfall caused food production rate to drop.


Why was oil so important to nigeria in the 1950's?

Oil is important to Nigeria's economy because it is 90% of Nigeria's income. The money made from selling oil to other countries helps to build highways, schools and factories. Falling oil prices around the world caused Nigeria's income to drop. Also, years of low rainfall caused food production rate to drop.


Is heavy oil found in Nigeria?

Yes, heavy oil is found in Nigeria, primarily in the Niger Delta region. The country possesses significant reserves of heavy and extra-heavy crude oil, which are more viscous and require different extraction and refining techniques compared to lighter crude oils. The presence of heavy oil in Nigeria has implications for its oil production and refining capabilities, as well as for environmental considerations.


When crode oil was found in Nigeria?

Oil was found in Nigeria in 1956.


Is there any alternativeor crude oil in Nigeria?

There is no oil in nigeria puffy


What are Nigeria's major natural resources?

The major natural resources of Nigeria are oil and natural gas. Nigeria is the 10th most petroleum-rich nation and it is #1 in the production of oil of all of the African countries! -Proud Nigerian