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e country and since 1975 the conversion of oil became the most important branch of industry. So during the years 1970-1978 the rise of Nigerian economy formed 6% per year. After the year 1978 the economy was characterized as unstable and shaky one and the national income decreased. Nowadays 65% of oil is a light brand with a low content of sulphur. The main export brands are Bonny Light ? Forcados. The Nigerian National Petroleum Company (NNPC), ExxonMobil, ChevronTexaco, ConocoPhillips, Eni, Total and transnational corporation Shell control 52% of oil mining in Nigeria. Today the oil consumption in Nigeria is 310,000 bbl/day, while the oil production is 2.451 million bbl/day.

•The national income  国民收入

In 2005 the gross domestic product (GDP) of Nigeria was 132,1 billion of dollars. The GDP per capita: purchasing power parity was 1000 $. The real growth rate of GDP was 5,2%.


•Agriculture  农业

The majority of Nigerians still work in agriculture, supplying themselves with food and growing several cultures for sale. But it is hard to note that 60 per cents of population are below poverty line. A rapid growth of the city population and the increase in rural population has led to the lack of provision not only in the cities, but on the rural territories.
The main food cultures of the South and Midwest are yam, rice and corn. Sorghum, millet and rice are grown in the North. Cattle-breeding is well developed in this part of the country. Manioc, tomatoes and bob are grown all over the country. Gardening is developed respectively near the big cities. Favorable climate of Lagos affords to pick up harvest twice a year.

• Industry  工业

All the minerals provide the greatest part of national income in Nigeria. The first export minerals were ore and coal. After the year 1960 coal-mining decreased because cheaper and ecologically clean oil-products appeared in the country. The oilfield was found near the river Niger. The record level of oil-mining was reached in 1979. It was 114 millions of tons. Tending to increase currency income, Nigeria enlarged the amount of oil-mining, while the world prices remained at a low level. But in 1991 Nigeria holds the 8-th place among the biggest world oil-producers and its profit was 96% from export coming.

However, such a situation is typical for a developing country when the country is basically specialized on export of natural resources. In this respect, it is possible to define Nigeria as a mono-industrial country since its economy is based on oil export.
Naturally, such a situation is extremely dangerous for Nigeria because it makes the country totally dependent on the situation on the international market of oil and, in loner terms perspective, the country will eventually exhaust its natural resources and, undoubtedly there will be time when the country has to modernize and diversify its economy.
Moreover, it is necessary to underline that event the current dominance of oil production in Nigerian export does not really contribute to stability and improvement of socio-economic situation in the country. It should be said that along with the dependence of the country on the situation in the international market, oil makes the country extremely unstable on the national level. The ma本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。