asked 18.8k views
2 votes
Nigeria has a mixed/command economy. Which resource does the government of Nigeria keep under their control?

asked
User Phazor
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7.6k points

2 Answers

5 votes

Answer:

ITs A oil

Step-by-step explanation:

ITs oil reserves bc there is a lot of it there in Africa

answered
User Ohduran
by
8.1k points
2 votes

Answer:

The government of Nigeria keep under their control the Resources of Petroleum and derived.

Step-by-step explanation:

According to the Constitution of Nigeria, all minerals, gas and oil in the country are legally owned by the federal government of Nigeria. The State Agency responsible for regulating and supervising the oil industry is the Nigerian National Petroleum Corporation.

The incomes produced by the oil industry represent the major source

The income produced by this industry represents the largest source of revenue for both the country and the federal government, which distributes it at the discretion of local governments and outlines most of the internal policies.

answered
User Ruffsl
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9.1k points

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