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The mining of minerals in Nigeria accounts for only 0.3% of its GDP, due to the influence of its vast oil resources. The domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it could produce domestically, such as salt or iron ore. Rights to ownership of mineral resources is held by the Federal government ...
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Experts are sure that Nigeria can produce many minerals domestically. This includes iron ore and salt. But since the components of Nigerian mining industry are also undeveloped (as the industry itself), we have to import these products.
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