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The biggest weakness of the Nigerian economy is its heavy reliance on oil exports, which makes it vulnerable to volatile global oil prices. This dependency limits diversification and stifles growth in other sectors such as agriculture and manufacturing. Additionally, issues like corruption, inadequate infrastructure, and a challenging business environment further hinder economic stability and development. These factors contribute to high unemployment rates and persistent poverty in the country.
What else can I help you with?
WHAT IS THE NATURE OF NIGERIAN ECONOMY?
nigerian economy
The role of banks in the Nigerian's economy?
the role of commercial banking in the development of nigerian economy
List and explain the sectors of the Nigerian economy?
write short note on education aspect in Nigerian economy
What are the contribution of petroleum to the Nigerian economy?
what are the contributions of Nigerian petrouem industry the positiv and negative
Nigerian and Angola which is the biggest?
Angola is larger.
What helped the weakness in the economy in the 1920s?
Easy credit helped hide the weakness in the economy in the 1920's.
What helped hide weakness in the economy in the 1920s?
Easy credit helped hide the weakness in the economy in the 1920's.
What helped hide the weakness in the economy in the 1920?
Easy credit helped hide the weakness in the economy in the 1920's.
What are the role of enterpreneurship in Nigerian economy?
Employment generation
What percentage of the Nigerian economy does prostitution hold?
5%
What helped hide the weakness in the economy in the 1920's?
Easy credit helped hide the weakness in the economy in the 1920's.
What actors and actresses appeared in The Biggest Weakness - 2009?
The cast of The Biggest Weakness - 2009 includes: Eric Krug as Jake
