A major obstacle to the development of Nigeria economy is

GodwinIkechukwu

9 years ago

The selected answer is wrong:

The question says A MAJOR OBSTACLE...all d options are obstacles to developing economy growth but Nigeria has depended solely and comfortably on the revenue derived from exporting petrolium products to rich countries, because Nigreria is one if the very few countries to produce petrol back then but when other countries started producing petrol and the world market price for petrol falls, Nigeria economy suffers terribly due to OVER DEPENDANCE ON THE OIL SECTOR (c)

Ijoba_Sheyman

8 years ago

Over dependence on oil sector

kriskeed

10 years ago

the ans is D if there is good development policy even if Nigeria depend on oil other sectors efficient development policy will make Nigeria develop