Petroleum has the following positive contributions to the Nigerian economy except

  • A Generate employment
  • B Source of government revenue
  • C development of mono economy
  • D Infrastructure development
jamb 2015economics

The correct answer is C. development of mono economy

Oil production brings about a billion investments in the country's economy as well as the development of related sectors of the economy and infrastructure. Besides, it supplies new jobs for Nigerian citizens and improvement of social and living standards in general.

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