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Geology of Nigeria ,The country also has extensive mineral deposits, although most are under-exploited. According to the Geological Survey of Nigeria Agency, Nigeria has some 34 known major mineral deposits across the country. Exploration of solid minerals like tin, niobium, lead, zinc and gold, goes back for more than 90 years, but there has been a world-wide scale production of tin and niobium only.
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Oil reserves in Nigeria ,Although Libya has more reserves, there were 37.2 billion barrels 5.9 × 0 ^ 9 m 3 of proven oil reserves in Nigeria as of 20 , ranking the country as the largest oil producer in Africa and the th largest in the world, averaging 2.28 million barrels per day 362 × 0 ^ 3 m 3 /d in 2006.
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Mining industry of Nigeria - Wikipedia, Main article: Nigerian Coal Corporation. Mining is the extraction removal of minerals and metals from the earth. The Nigerian Coal Corporation NCC is a parastatal corporation that was formed in 950 and held a monopoly on the mining, processing, and sales of coal, lignite, and coke products until 999.
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India–Nigeria relations ,Nigeria has actively encouraged Indian companies to invest and expand Nigeria& 39;s mining and development of coal, gold, iron ore, chrome ore, lead and other mineral resources. Oil trade. Nigeria is the largest African crude oil supplier to India — India imports 400,000 barrels per day from Nigeria valued at US$ 0 billion annually.
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