Development Of Major Natural Resources Jamb Economics Past Questions

Question 6

The primary objective of establishing the Export Process Zone is to?

jamb 1999

  • A. facilitate agricultural production
  • B. encourage the production and processing of export commodities
  • C. erect imported raw materials
  • D. erect economic structures near the port
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Question 7

The Nigerian economy is mono-cultural because government revenue is derived mainly from?

jamb 2000

  • A. agriculture
  • B. manufacturing
  • C. coal
  • D. crude oil
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Question 8

Because most of her crude oil is exported, the foreign exchange earnings and the forward linkage effects Nigeria realize from her oil production are?

jamb 1992

  • A. both high
  • B. respectively high and low
  • C. respectively low and high
  • D. both low
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Question 9

Petroleum is the mainstay of the Nigerian economy because it is the?

jamb 1994

  • A. main foreign exchange earner
  • B. greatest employer of labour
  • C. greatests contributor to the growth of agriculture
  • D. source of high income for its workers
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Question 10

The major source of Nigeria's foreign exchange is the export of?

jamb 1995

  • A. skilled manpower
  • B. palm kernel and cocoa
  • C. crude oil
  • D. groundnuts and cotton
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