JAMB and WAEC Economics questions: Natural resources and the Nigerian economy

30 questions with answers and explanations. Tap an option to check yourself.

1. Question 21· Natural resources and the Nigerian economy· WAEC

   Coal in Nigeria has been mined mainly around

   • AKano
   • BEnugu
   • CIbadan
   • DCalabar

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   Explanation and discussion

2. Question 22· Natural resources and the Nigerian economy· JAMB

   Natural gas in Nigeria is increasingly used for

   • Anothing
   • Bonly cooking
   • Conly fertiliser
   • Dpower generation and export as LNG

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   Explanation and discussion

3. Question 23· Natural resources and the Nigerian economy· JAMB

   When the world price of crude oil falls sharply, Nigeria's main problem is likely to be

   • Aa fall in imports of fuel
   • Ba rise in oil production
   • Ca fall in foreign exchange earnings and government revenue
   • Da rise in cocoa exports

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4. Question 24· Natural resources and the Nigerian economy· JAMB

   Gas flaring is wasteful because

   • Avaluable energy is burned off and the environment is polluted
   • Bit produces oil
   • Cit creates jobs
   • Dit saves money

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   Explanation and discussion

5. Question 25· Natural resources and the Nigerian economy· WAEC

   Which of these is a natural resource?

   • Alimestone deposits
   • Ba cement factory
   • Ca trained engineer
   • Da bank loan

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   Explanation and discussion

6. Question 26· Natural resources and the Nigerian economy· JAMB

   Coal has historically been mined in large quantities at

   • AKano
   • BEnugu
   • CJos
   • DLokoja

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   Explanation and discussion

7. Question 27· Natural resources and the Nigerian economy· JAMB

   'Dutch disease' describes a situation in which

   • Aa natural-resource boom causes other sectors such as agriculture and manufacturing to decline
   • Ba country exports too many flowers
   • Cinflation falls sharply
   • Da country has no resources

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   Explanation and discussion

8. Question 28· Natural resources and the Nigerian economy· WAEC

   A major problem caused by oil exploration in the Niger Delta is

   • Aenvironmental pollution
   • Btoo much rainfall
   • Cshortage of fish farmers
   • Dlack of rivers

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   Explanation and discussion

9. Question 29· Natural resources and the Nigerian economy· WAEC

   The 'Dutch disease' in Nigeria refers to

   • Aa crop disease
   • Bthe decline of other export sectors after the oil boom
   • Ca banking crisis
   • Da fall in population

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   Explanation and discussion

10. Question 30· Natural resources and the Nigerian economy· JAMB

    Before crude oil, Nigeria earned most of its foreign exchange from

    • Amanufactured goods
    • Btin mining only
    • Ctourism
    • Dagricultural exports such as cocoa, groundnut and palm produce

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    Explanation and discussion