Niger Delta's Oil Contribute About 97% to Nigerian GNP - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / Niger Delta's Oil Contribute About 97% to Nigerian GNP (539 Views)
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| Niger Delta's Oil Contribute About 97% to Nigerian GNP by Nobody: 2:50pm On Sep 04, 2017 |
The only thing that keeps Nigeria together is the oil and gas in Niger delta... In 1953 northerners threatened to secede from Nigeria because oil wasn't discovered then... Can they threaten to leave Nigeria now? 1 Like 1 Share |
| Re: Niger Delta's Oil Contribute About 97% to Nigerian GNP by Throwback: 2:54pm On Sep 04, 2017 |
Wrong! It contributes only 15% of our GDP, but contributes over 90% of foreign exchange earnings. 1 Like |
| Re: Niger Delta's Oil Contribute About 97% to Nigerian GNP by Nobody: 2:55pm On Sep 04, 2017 |
Prechbills: Oil sector contributes 8% to our gdp non oil sector contributes 92% source: www.nigerianstat.gov.ng/download/518 2 Likes |
| Re: Niger Delta's Oil Contribute About 97% to Nigerian GNP by Peinstein: 2:57pm On Sep 04, 2017 |
OP like some people doesn't know the difference between foreign exchange earnings and GDP. Even agriculture accounts for a bigger percentage of our GDP than oil. Throwback: 2 Likes |
| Re: Niger Delta's Oil Contribute About 97% to Nigerian GNP by Guestlander: 3:08pm On Sep 04, 2017 |
Nonsense. 97% of GDP and only 3% for all other commercial activities in the country? Only a fool would believe this. The OP obviously does not know the difference between foreign exchange earnings and GDP. The percentage of our foreign exchange earnings through oil export is not even up to 97% at present. |
| Re: Niger Delta's Oil Contribute About 97% to Nigerian GNP by Nobody: 3:20pm On Sep 04, 2017 |
Oil is the only earner for Nigeria 's government. If oil is removed all other sources in the GDP which needs some government assistance to survive will dry up and this includes Agriculture and Corruption which are by far the only functioning sectors in Nigeria economy Just a partial cut back of oil last year by NA and the whole country went kaput. Short memories we got here 3 Likes |
| Re: Niger Delta's Oil Contribute About 97% to Nigerian GNP by ponziponzi(m): 3:29pm On Sep 04, 2017 |
Not really
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| Re: Niger Delta's Oil Contribute About 97% to Nigerian GNP by omololu2020(m): 3:35pm On Sep 04, 2017 |
Op make a little research about foreign exchange earning and GDP of a country. |
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