Natural resources and the Nigerian economy: JAMB Economics Past Questions and Answers

What the JAMB syllabus covers in Natural resources and the Nigerian economy

Our summary: Nigeria's major natural resources, the oil and non-oil sectors, and the challenges of exploiting resources.

• Development of major natural resources (petroleum, gold, diamond, timber etc.)
• Contributions of the oil and the non-oil sectors to the Nigerian economy
• Linkage effects
• Upstream/downstream of the oil sector
• The role of NNPC and OPEC in the oil sector
• Challenges facing natural resources exploitation

Objectives

• trace the development of the major natural resources in Nigeria;
• understand the contribution of the oil and the non-oil sectors to the Nigerian economy;
• establish the linkages between the natural resources and other sectors;
• analyse the environmental effects of exploitation activities in Nigeria;
• distinguish between the upstream and downstream activities in the oil sector;
• examine the roles of NNPC and OPEC in the oil sector;
• suggest ways of controlling the effects of natural resources exploitation.

Syllabus content © The Joint Admissions and Matriculation Board (UTME).