Nigeria - An Economic Analysis of Natural Resources Sustainability for the Mining Sector Component
This report firstly presents an analysis of the Nigerian economy as the environment within which the solid minerals sector is situated. It discusses the economy in terms of its distinguishing characteristics, structure and related issues, such that...
| Main Authors: | , |
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| Format: | Other Environmental Study |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2007/05/12648090/nigeria-economic-analysis-natural-resources-sustainability-mining-sector-component http://hdl.handle.net/10986/7941 |
| id |
okr-10986-7941 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO INFORMATION ACCESS TO MINERALS AGRICULTURE AIRBORNE GEOPHYSICS ARTISANAL AND SMALL-SCALE MINING ARTISANAL MINING ASM ASM MINERS ASM SECTOR AUDITS BALANCE OF PAYMENTS BANKING SECTOR BANKING SECTOR REFORM BARITES BAUXITE BUDGET DEFICITS CADASTRE CAPACITY BUILDING CAPITAL GOODS CAPITAL MARKETS CENTRAL BANK COAL COMPARATIVE ANALYSIS COMPETITIVENESS CONSUMERS COPPER COSTS OF EXPLORATION DEBT DECISION MAKING DEREGULATION DEVELOPED COUNTRIES DEVELOPMENT OF MINERAL RESOURCES DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY DIAMONDS DOMESTIC INDUSTRIES ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENT IN MINERAL-RICH REGIONS ECONOMIC EFFECTS ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC OUTLOOK ECONOMIC PROBLEMS ECONOMIC SECTORS ECONOMIC THEORY ECONOMICS ECONOMIES OF SCALE ECONOMISTS EITI EMPIRICAL EVIDENCE ENVIRONMENTAL ENVIRONMENTAL COMPLIANCE ENVIRONMENTAL DEGRADATION ENVIRONMENTAL ISSUES ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL QUALITY EQUILIBRIUM EXPLOITATION EXPLOITATION OF MINERALS EXPORTS EXTERNALITIES EXTRACTION OF MINERALS EXTRACTIVE INDUSTRIES EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE EXTRACTIVE SECTOR EXTREME POVERTY FINANCIAL SECTOR FISHING FORECASTS FOREIGN DIRECT INVESTMENT FOREIGN MINING FORESTRY FORMAL ANALYSIS GAS GDP GEOLOGIC POTENTIAL GEOLOGICAL KNOWLEDGE GEOLOGICAL MAPPING GEOLOGY GOLD GOOD GOVERNANCE GROSS DOMESTIC PRODUCT GROWTH POTENTIAL GROWTH RATE GYPSUM INCOME INCOME LEVELS INDUSTRIAL MINERALS INDUSTRIAL MINERALS SECTOR INDUSTRIALIZATION INFORMAL MINING INTERNATIONAL MINING INVESTMENT FLOW IRON IRON ORE LARGE MINING LARGE-SCALE MINING LDCS LESS DEVELOPED COUNTRIES LIVING STANDARDS MACROECONOMIC MANAGEMENT MACROECONOMIC PERFORMANCE MACROECONOMIC STABILITY METALS MINERAL COMMODITIES MINERAL DEPOSIT MINERAL DEPOSITS MINERAL DEVELOPMENT MINERAL ECONOMIES MINERAL EXPLOITATION MINERAL EXTRACTION MINERAL INVESTMENT MINERAL OPERATIONS MINERAL POTENTIAL MINERAL PRODUCERS MINERAL PRODUCT MINERAL PRODUCTION MINERAL PROJECTS MINERAL RENTS MINERAL RESOURCE MINERAL RESOURCES MINERAL REVENUES MINERAL RIGHTS MINERAL SECTOR MINERAL SECTOR DEVELOPMENT MINERAL WEALTH MINERALS PRODUCTION MINERALS SECTOR MINERALS RESERVES MINES MINING ACTIVITIES MINING ACTIVITY MINING COMMUNITIES MINING COMPANIES MINING DEVELOPMENT MINING INDUSTRY MINING INVESTMENT MINING LAW MINING LAW AND REGULATIONS MINING OPERATORS MINING PERMITS MINING PRODUCTION MINING PROJECTS MINING RIGHTS MINING SECTOR MINING TITLES MISMANAGEMENT MIXED ECONOMY MMSD NATIONAL ECONOMY NATURAL RESOURCE BASE NATURAL RESOURCES NATURAL RESOURCES SUSTAINABILITY NORMAL PROFITS OIL OIL COMPANIES OIL INDUSTRY OIL PRICES OIL SECTOR PAYMENT OF FEES PAYMENT OF TAXES PER CAPITA INCOME POLITICAL ECONOMY POLITICAL EFFECTS POLITICAL STABILITY POTENTIAL INVESTORS POVERTY ALLEVIATION PRESENT VALUE PRICE INCREASES PRICE LEVELS PRIVATE MINING PRIVATE MINING COMPANIES PRIVATIZATION PRODUCERS PRODUCTION FUNCTION PRODUCTION POSSIBILITY CURVE PROPERTY RIGHTS PURCHASING POWER QUARRYING REAL GDP REGULATORY FRAMEWORK RENT SEEKING RESOURCE CURSE RESOURCE MANAGEMENT RESOURCE RENTS RESOURCE USE RESOURCE-RICH COUNTRIES RETRENCHMENT REVENUE SHARING ROCKS SMALL MINERS SMALL SCALE SMALL SCALE MINERS SMALL SCALE MINING SMALL-SCALE SMALL-SCALE MINERS SMALL-SCALE MINING OPERATIONS SOLID MINERALS SOLID MINERALS DEVELOPMENT STEEL STRUCTURAL ADJUSTMENT SUSTAINABLE MANAGEMENT TECHNICAL ASSISTANCE TELECOMMUNICATIONS TERMS OF TRADE TIMBER TIN TRANSPARENCY TRANSPARENCY OVER PAYMENTS UNEMPLOYMENT UNSTABLE MINERAL PRICES VALUATION VALUE ADDED WEALTH CREATION ZINC |
| spellingShingle |
ACCESS TO INFORMATION ACCESS TO MINERALS AGRICULTURE AIRBORNE GEOPHYSICS ARTISANAL AND SMALL-SCALE MINING ARTISANAL MINING ASM ASM MINERS ASM SECTOR AUDITS BALANCE OF PAYMENTS BANKING SECTOR BANKING SECTOR REFORM BARITES BAUXITE BUDGET DEFICITS CADASTRE CAPACITY BUILDING CAPITAL GOODS CAPITAL MARKETS CENTRAL BANK COAL COMPARATIVE ANALYSIS COMPETITIVENESS CONSUMERS COPPER COSTS OF EXPLORATION DEBT DECISION MAKING DEREGULATION DEVELOPED COUNTRIES DEVELOPMENT OF MINERAL RESOURCES DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY DIAMONDS DOMESTIC INDUSTRIES ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENT IN MINERAL-RICH REGIONS ECONOMIC EFFECTS ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC OUTLOOK ECONOMIC PROBLEMS ECONOMIC SECTORS ECONOMIC THEORY ECONOMICS ECONOMIES OF SCALE ECONOMISTS EITI EMPIRICAL EVIDENCE ENVIRONMENTAL ENVIRONMENTAL COMPLIANCE ENVIRONMENTAL DEGRADATION ENVIRONMENTAL ISSUES ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL QUALITY EQUILIBRIUM EXPLOITATION EXPLOITATION OF MINERALS EXPORTS EXTERNALITIES EXTRACTION OF MINERALS EXTRACTIVE INDUSTRIES EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE EXTRACTIVE SECTOR EXTREME POVERTY FINANCIAL SECTOR FISHING FORECASTS FOREIGN DIRECT INVESTMENT FOREIGN MINING FORESTRY FORMAL ANALYSIS GAS GDP GEOLOGIC POTENTIAL GEOLOGICAL KNOWLEDGE GEOLOGICAL MAPPING GEOLOGY GOLD GOOD GOVERNANCE GROSS DOMESTIC PRODUCT GROWTH POTENTIAL GROWTH RATE GYPSUM INCOME INCOME LEVELS INDUSTRIAL MINERALS INDUSTRIAL MINERALS SECTOR INDUSTRIALIZATION INFORMAL MINING INTERNATIONAL MINING INVESTMENT FLOW IRON IRON ORE LARGE MINING LARGE-SCALE MINING LDCS LESS DEVELOPED COUNTRIES LIVING STANDARDS MACROECONOMIC MANAGEMENT MACROECONOMIC PERFORMANCE MACROECONOMIC STABILITY METALS MINERAL COMMODITIES MINERAL DEPOSIT MINERAL DEPOSITS MINERAL DEVELOPMENT MINERAL ECONOMIES MINERAL EXPLOITATION MINERAL EXTRACTION MINERAL INVESTMENT MINERAL OPERATIONS MINERAL POTENTIAL MINERAL PRODUCERS MINERAL PRODUCT MINERAL PRODUCTION MINERAL PROJECTS MINERAL RENTS MINERAL RESOURCE MINERAL RESOURCES MINERAL REVENUES MINERAL RIGHTS MINERAL SECTOR MINERAL SECTOR DEVELOPMENT MINERAL WEALTH MINERALS PRODUCTION MINERALS SECTOR MINERALS RESERVES MINES MINING ACTIVITIES MINING ACTIVITY MINING COMMUNITIES MINING COMPANIES MINING DEVELOPMENT MINING INDUSTRY MINING INVESTMENT MINING LAW MINING LAW AND REGULATIONS MINING OPERATORS MINING PERMITS MINING PRODUCTION MINING PROJECTS MINING RIGHTS MINING SECTOR MINING TITLES MISMANAGEMENT MIXED ECONOMY MMSD NATIONAL ECONOMY NATURAL RESOURCE BASE NATURAL RESOURCES NATURAL RESOURCES SUSTAINABILITY NORMAL PROFITS OIL OIL COMPANIES OIL INDUSTRY OIL PRICES OIL SECTOR PAYMENT OF FEES PAYMENT OF TAXES PER CAPITA INCOME POLITICAL ECONOMY POLITICAL EFFECTS POLITICAL STABILITY POTENTIAL INVESTORS POVERTY ALLEVIATION PRESENT VALUE PRICE INCREASES PRICE LEVELS PRIVATE MINING PRIVATE MINING COMPANIES PRIVATIZATION PRODUCERS PRODUCTION FUNCTION PRODUCTION POSSIBILITY CURVE PROPERTY RIGHTS PURCHASING POWER QUARRYING REAL GDP REGULATORY FRAMEWORK RENT SEEKING RESOURCE CURSE RESOURCE MANAGEMENT RESOURCE RENTS RESOURCE USE RESOURCE-RICH COUNTRIES RETRENCHMENT REVENUE SHARING ROCKS SMALL MINERS SMALL SCALE SMALL SCALE MINERS SMALL SCALE MINING SMALL-SCALE SMALL-SCALE MINERS SMALL-SCALE MINING OPERATIONS SOLID MINERALS SOLID MINERALS DEVELOPMENT STEEL STRUCTURAL ADJUSTMENT SUSTAINABLE MANAGEMENT TECHNICAL ASSISTANCE TELECOMMUNICATIONS TERMS OF TRADE TIMBER TIN TRANSPARENCY TRANSPARENCY OVER PAYMENTS UNEMPLOYMENT UNSTABLE MINERAL PRICES VALUATION VALUE ADDED WEALTH CREATION ZINC Eyre, J. M. Agba, A. V. Nigeria - An Economic Analysis of Natural Resources Sustainability for the Mining Sector Component |
| geographic_facet |
Africa Nigeria |
| description |
This report firstly presents an analysis
of the Nigerian economy as the environment within which the
solid minerals sector is situated. It discusses the economy
in terms of its distinguishing characteristics, structure
and related issues, such that the place of the sold minerals
sector can be appreciated. An examination of policy issues
and economic reforms to aid the development process is also
presented. This study, carried out between February and
April 2007, specifically addresses the prospects of
developing an industrial mining sector in Nigeria. The
current mining sector is dominated by small-scale
operations, working below their full potential and literally
scratching the surface. Preliminary investigations indicated
a lack of up to date information on deposits and lack of
microeconomic information on the feasibility of extraction.
The study is considered to be important from two different
perspectives. First, solid mineral resources are
economically, socially and environmentally crucial for
Nigeria. There are key knowledge gaps in the sector. In
addition the utilization of solid mineral resources is well
aligned with the Bank's country partnership strategy,
which is placing a strong focus on nonoil growth sectors of
the economy. The other perspective comes from the
environmental sector; the Bank has just completed the CEA
(Country Environmental Analysis) and the idea is to continue
the policy dialogue with the mining sector, and to help
strengthen its links to the economic sectors where the
environment is important. This study provides a major
opportunity to carry this out. The primary objective of the
study is to assess the prospects of an industrial mining
sector emerging in Nigeria given what is known about the
country's geology and mineral endowment as well as
economic, institutional and other factors. |
| format |
Economic & Sector Work :: Other Environmental Study |
| author |
Eyre, J. M. Agba, A. V. |
| author_facet |
Eyre, J. M. Agba, A. V. |
| author_sort |
Eyre, J. M. |
| title |
Nigeria - An Economic Analysis of Natural Resources Sustainability for the Mining Sector Component |
| title_short |
Nigeria - An Economic Analysis of Natural Resources Sustainability for the Mining Sector Component |
| title_full |
Nigeria - An Economic Analysis of Natural Resources Sustainability for the Mining Sector Component |
| title_fullStr |
Nigeria - An Economic Analysis of Natural Resources Sustainability for the Mining Sector Component |
| title_full_unstemmed |
Nigeria - An Economic Analysis of Natural Resources Sustainability for the Mining Sector Component |
| title_sort |
nigeria - an economic analysis of natural resources sustainability for the mining sector component |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/05/12648090/nigeria-economic-analysis-natural-resources-sustainability-mining-sector-component http://hdl.handle.net/10986/7941 |
| _version_ |
1764403605415133184 |
| spelling |
okr-10986-79412021-04-23T14:02:36Z Nigeria - An Economic Analysis of Natural Resources Sustainability for the Mining Sector Component Eyre, J. M. Agba, A. V. ACCESS TO INFORMATION ACCESS TO MINERALS AGRICULTURE AIRBORNE GEOPHYSICS ARTISANAL AND SMALL-SCALE MINING ARTISANAL MINING ASM ASM MINERS ASM SECTOR AUDITS BALANCE OF PAYMENTS BANKING SECTOR BANKING SECTOR REFORM BARITES BAUXITE BUDGET DEFICITS CADASTRE CAPACITY BUILDING CAPITAL GOODS CAPITAL MARKETS CENTRAL BANK COAL COMPARATIVE ANALYSIS COMPETITIVENESS CONSUMERS COPPER COSTS OF EXPLORATION DEBT DECISION MAKING DEREGULATION DEVELOPED COUNTRIES DEVELOPMENT OF MINERAL RESOURCES DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY DIAMONDS DOMESTIC INDUSTRIES ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENT IN MINERAL-RICH REGIONS ECONOMIC EFFECTS ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC OUTLOOK ECONOMIC PROBLEMS ECONOMIC SECTORS ECONOMIC THEORY ECONOMICS ECONOMIES OF SCALE ECONOMISTS EITI EMPIRICAL EVIDENCE ENVIRONMENTAL ENVIRONMENTAL COMPLIANCE ENVIRONMENTAL DEGRADATION ENVIRONMENTAL ISSUES ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL QUALITY EQUILIBRIUM EXPLOITATION EXPLOITATION OF MINERALS EXPORTS EXTERNALITIES EXTRACTION OF MINERALS EXTRACTIVE INDUSTRIES EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE EXTRACTIVE SECTOR EXTREME POVERTY FINANCIAL SECTOR FISHING FORECASTS FOREIGN DIRECT INVESTMENT FOREIGN MINING FORESTRY FORMAL ANALYSIS GAS GDP GEOLOGIC POTENTIAL GEOLOGICAL KNOWLEDGE GEOLOGICAL MAPPING GEOLOGY GOLD GOOD GOVERNANCE GROSS DOMESTIC PRODUCT GROWTH POTENTIAL GROWTH RATE GYPSUM INCOME INCOME LEVELS INDUSTRIAL MINERALS INDUSTRIAL MINERALS SECTOR INDUSTRIALIZATION INFORMAL MINING INTERNATIONAL MINING INVESTMENT FLOW IRON IRON ORE LARGE MINING LARGE-SCALE MINING LDCS LESS DEVELOPED COUNTRIES LIVING STANDARDS MACROECONOMIC MANAGEMENT MACROECONOMIC PERFORMANCE MACROECONOMIC STABILITY METALS MINERAL COMMODITIES MINERAL DEPOSIT MINERAL DEPOSITS MINERAL DEVELOPMENT MINERAL ECONOMIES MINERAL EXPLOITATION MINERAL EXTRACTION MINERAL INVESTMENT MINERAL OPERATIONS MINERAL POTENTIAL MINERAL PRODUCERS MINERAL PRODUCT MINERAL PRODUCTION MINERAL PROJECTS MINERAL RENTS MINERAL RESOURCE MINERAL RESOURCES MINERAL REVENUES MINERAL RIGHTS MINERAL SECTOR MINERAL SECTOR DEVELOPMENT MINERAL WEALTH MINERALS PRODUCTION MINERALS SECTOR MINERALS RESERVES MINES MINING ACTIVITIES MINING ACTIVITY MINING COMMUNITIES MINING COMPANIES MINING DEVELOPMENT MINING INDUSTRY MINING INVESTMENT MINING LAW MINING LAW AND REGULATIONS MINING OPERATORS MINING PERMITS MINING PRODUCTION MINING PROJECTS MINING RIGHTS MINING SECTOR MINING TITLES MISMANAGEMENT MIXED ECONOMY MMSD NATIONAL ECONOMY NATURAL RESOURCE BASE NATURAL RESOURCES NATURAL RESOURCES SUSTAINABILITY NORMAL PROFITS OIL OIL COMPANIES OIL INDUSTRY OIL PRICES OIL SECTOR PAYMENT OF FEES PAYMENT OF TAXES PER CAPITA INCOME POLITICAL ECONOMY POLITICAL EFFECTS POLITICAL STABILITY POTENTIAL INVESTORS POVERTY ALLEVIATION PRESENT VALUE PRICE INCREASES PRICE LEVELS PRIVATE MINING PRIVATE MINING COMPANIES PRIVATIZATION PRODUCERS PRODUCTION FUNCTION PRODUCTION POSSIBILITY CURVE PROPERTY RIGHTS PURCHASING POWER QUARRYING REAL GDP REGULATORY FRAMEWORK RENT SEEKING RESOURCE CURSE RESOURCE MANAGEMENT RESOURCE RENTS RESOURCE USE RESOURCE-RICH COUNTRIES RETRENCHMENT REVENUE SHARING ROCKS SMALL MINERS SMALL SCALE SMALL SCALE MINERS SMALL SCALE MINING SMALL-SCALE SMALL-SCALE MINERS SMALL-SCALE MINING OPERATIONS SOLID MINERALS SOLID MINERALS DEVELOPMENT STEEL STRUCTURAL ADJUSTMENT SUSTAINABLE MANAGEMENT TECHNICAL ASSISTANCE TELECOMMUNICATIONS TERMS OF TRADE TIMBER TIN TRANSPARENCY TRANSPARENCY OVER PAYMENTS UNEMPLOYMENT UNSTABLE MINERAL PRICES VALUATION VALUE ADDED WEALTH CREATION ZINC This report firstly presents an analysis of the Nigerian economy as the environment within which the solid minerals sector is situated. It discusses the economy in terms of its distinguishing characteristics, structure and related issues, such that the place of the sold minerals sector can be appreciated. An examination of policy issues and economic reforms to aid the development process is also presented. This study, carried out between February and April 2007, specifically addresses the prospects of developing an industrial mining sector in Nigeria. The current mining sector is dominated by small-scale operations, working below their full potential and literally scratching the surface. Preliminary investigations indicated a lack of up to date information on deposits and lack of microeconomic information on the feasibility of extraction. The study is considered to be important from two different perspectives. First, solid mineral resources are economically, socially and environmentally crucial for Nigeria. There are key knowledge gaps in the sector. In addition the utilization of solid mineral resources is well aligned with the Bank's country partnership strategy, which is placing a strong focus on nonoil growth sectors of the economy. The other perspective comes from the environmental sector; the Bank has just completed the CEA (Country Environmental Analysis) and the idea is to continue the policy dialogue with the mining sector, and to help strengthen its links to the economic sectors where the environment is important. This study provides a major opportunity to carry this out. The primary objective of the study is to assess the prospects of an industrial mining sector emerging in Nigeria given what is known about the country's geology and mineral endowment as well as economic, institutional and other factors. 2012-06-13T19:31:52Z 2012-06-13T19:31:52Z 2007-05 http://documents.worldbank.org/curated/en/2007/05/12648090/nigeria-economic-analysis-natural-resources-sustainability-mining-sector-component http://hdl.handle.net/10986/7941 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Other Environmental Study Economic & Sector Work Africa Nigeria |