The Impact Of Oil Export On Economic Growth In Nigeria (1981-2014).

NNANNA CHIKODI MARANATHA | 53 pages (12341 words) | Projects

ABSTRACT

Exports are a function of international trade whereby goods produced in one country for future sale. Exports are of two type which includes; Visible and Invisible export. Visible export are tangible commodities and can be seen and touched example palm oil. cotton and rubber while Invisible export are intangible commodities that cannot he seen and touched such as services. Crude oil is naturally occurring, unrefined petroleum products composed of hydrocarbon deposits and other organic materials. The raw material crude oil can be refined to produce useable products such as gasoline, diesel and various forms of petrochemicals. Crude oil was made naturally from the decaying plants and animals living in ancient seas million of year ago. Crude oil is dark in colour, viscous and foul smelling liquid. Crude oil can be used for petrol example; for aero plane, motor vehicle etc .Kerosene which serves as fuel for jet aircraft and for oil field for domestic heating, diesel oil for generator and waxes for making Vaseline.

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APA

NNANNA, M (2021). The Impact Of Oil Export On Economic Growth In Nigeria (1981-2014). . Repository.mouau.edu.ng: Retrieved Feb 07, 2023, from https://repository.mouau.edu.ng/work/view/the-impact-of-oil-export-on-economic-growth-in-nigeria-1981-2014-7-2

MLA 8th

MARANATHA, NNANNA. "The Impact Of Oil Export On Economic Growth In Nigeria (1981-2014). " Repository.mouau.edu.ng. Repository.mouau.edu.ng, 30 Jul. 2021, https://repository.mouau.edu.ng/work/view/the-impact-of-oil-export-on-economic-growth-in-nigeria-1981-2014-7-2. Accessed 07 Feb. 2023.

MLA7

MARANATHA, NNANNA. "The Impact Of Oil Export On Economic Growth In Nigeria (1981-2014). ". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 30 Jul. 2021. Web. 07 Feb. 2023. < https://repository.mouau.edu.ng/work/view/the-impact-of-oil-export-on-economic-growth-in-nigeria-1981-2014-7-2 >.

Chicago

MARANATHA, NNANNA. "The Impact Of Oil Export On Economic Growth In Nigeria (1981-2014). " Repository.mouau.edu.ng (2021). Accessed 07 Feb. 2023. https://repository.mouau.edu.ng/work/view/the-impact-of-oil-export-on-economic-growth-in-nigeria-1981-2014-7-2

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