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Topic: Helpful mineral resources - page 5. (Read 721 times)

hero member
Activity: 1750
Merit: 589
May 17, 2023, 03:33:46 PM
#11
One thing is to have good resources (opportunity); another is to know about them (unawareness)  and at the same time have proper usage for them. There are a lot of natural resources on African lands; crude is not just the only thing, as you have stated, and these resources are being secretly and openly extracted either by the country's government or private entrepreneurs. But the question here is: what are those resources made from selling out those resources used for? To me, it's not about having those resources or even knowing the worth of those resources; it's about how those resources are being used for the betterment of the nation and not for the enrichment of the leaders.

Talking about Nigeria exporting their crude overseas for refining is not because the country lacks the capacity to set up a working refinery, which they can use to do that, or they lack the knowledge of doing so; all I see here is greed. For the country to own an active refinery, it means a lot of private individuals who are also government officials won't be benefiting from exportation. There are about three private exporters of crude who are making a heavy sum from it, and they will always try every possible way to make sure that their earnings remain. Let's watch and see what will happen if the Dangote proposed refinery is concluded and commissioned, and if there will be a little change even though it is a private refinery.
It's one thing to know, it's one thing to be aware of the benefits and all the profits they may obtain from such, but it's another to willingly sell these resources in exchange for favors courtesy of corruption and shady deals, plus centuries of systemic racism and slavery (which I still am aware is something that happens in these countries). Nigeria has a bright future, some of the brightest people I know from the internet came from South Africa and its neighboring countries, but due to the lack of fostering, as well as the abovementioned reasons, they either have to fly over a different country like the US to get a better chance at life or they end up getting their talents wasted because the country's government, as well as everything else within it, is designed to pick on the average African and abuse them just enough that no other country would bat an eye against their deeds. Literally imagine the fact that Nigeria gets tons and tons of e-waste dumped on them every day, because it's cheaper to dump it over their country and label it as "donation" than to properly dispose of such. That's just insane.
member
Activity: 499
Merit: 16
May 17, 2023, 12:56:52 PM
#10
It is true that Africa is endowed with a wealth of minerals and other priceless resources that, if wisely used, might significantly help its people. Some governments have mismanaged, abused, and abandoned these resources, preventing the populace from fully benefiting from them.

There is definitely a squandered chance for economic progress and self-sustainability in Nigeria, where petroleum is refined abroad and imported at a higher price. The same holds true for other minerals that are not being handled properly, such as coal, salt, kerosene, gas, and petroleum.

Greater independence and escape from the cycle of debt and foreign control may result if African nations are able to better harness and manage their resources. African countries have the opportunity to realize their full potential and advance the welfare of their population through building strong infrastructure, enacting sensible laws, and fostering accountability and openness in the management of natural resources.

It is crucial that African governments give careful resource management first priority and foster an environment that promotes investment, innovation, and local participation. They can do this to get away from the indirect colonial systems narrative in history and open the door for sustainable growth and economic prosperity.


legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
May 17, 2023, 11:23:32 AM
#9
Natural resources are abundant in Africa; that much is obvious. This has the potential to completely alter their economies. But here's a curveball: instead of focusing on the traditional extractive industries, why not shift your attention to renewables? Imagine the Sahara not as an empty wasteland, but as a solar power plant that supplies energy to not only Africa, but the entire world. What about countries that are primarily coastal using renewable energy sources like wind and waves?

What about the oil industry? So it's the same as if you sold oranges but bought orange juice at a premium. Why not make your own fresh juice at home? Africa needs to find other uses for its oil than simply exporting its crude product. Simply invest in the necessary infrastructure, and the issue will be resolved.
hero member
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May 17, 2023, 06:12:25 AM
#8
There are about three private exporters of crude who are making a heavy sum from it, and they will always try every possible way to make sure that their earnings remain.


Just like the importers of generators in Nigeria have also discouraged and frustrated the electricity sector, all those people are connected to government through friends and cronies. Those are cabals that only want the self enrichment and not for the good of the country.

Let's watch and see what will happen if the Dangote proposed refinery is concluded and commissioned, and if there will be a little change even though it is a private refinery.

The people in government see it as cash and carry business, no sincerity and that is why most of them have argued that government have no business doing business which is just a fallacy because we have seen other countries government involved in businesses as competition for other private businesses and provided enabling environment for those running capitalist and the socialist are more in control of government businesses.

Nigerian situation is just not understandable, a capitalist system that encourages monopoly. It is appalling the rate of corruption and that pulls down the political will to take political actions and decisions.

Africa is rich in natural resources but the leaders are only rulers who are interested in pride, embezzlement and inhuman tenets for the masses. Particularly in Nigeria, for the records, all the states have a commercial deposit of natural resources but yet the economy is nothing to talk about because of corruption, vote buying and rigging to force unqualified people with no admiring administrative records in power who don't know their left from right and can not take proper and sincere investment decisions to harness these resources . So what do we expect?

Take a look at the natural resources deposit in commercial quantity in states in Nigeria

Abia: Gold, Lead/Zinc, Limestone, Oil/Gas & Salt

Abuja: Cassiterite, Clay, Dolomite, Gold, Lead/Zinc, Marble & Tantalite

Adamawa: Bentonite, Gypsium, Kaolin & Magnesite

Akwa Ibom: Clay, Lead/Zinc, Lignite, Limestone, Oil/Gas, Salt & Uranium

Anambra: Clay, Glass-Sand, Gypsium, Iron-ore, Lead/Zinc, Lignite, Limestone, Phosphate & Salt

Bauchi: Gold, Cassiterite (tine ore), Columbite, Gypsium, Wolfram, Coal, Limestone, Lignite, Iron-ore & Clay

Bayelsa: Glay, Gypsium, Lead/Zinc, Lignite, Limestone, Maganese, Oil/Gas & Uranium

Benue: Barite, Clay, Coal, Gemstone, Gypsium, Iron-Ore, Lead/Zinc, Limestone, Marble & Salt

Borno: Bentonite, Clay, Diatomite, Gypsium, Hydro-carbon, Kaolin & Limestone

Delta: Clay, Glass-sand, Gypsium, Iron-ore, Kaolin, Lignite, Marble & Oil/Gas

Ebonyi: Gold, Lead/Zinc & Salt

Edo: Bitumen, Clay Dolomite, Phosphate, Glass-sand, Gold, Gypsium,Iron-ore, Lignite, Limestone, Marble & Oil/Gas

Ekiti: Feldspar, Granite, Kaolin, Syenite & Tatium

Enugu: Coal, Lead/Zinc & Limestone

Gombe: Gemstone & Gypsium

Imo: Gypsium, Lead/Zinc, Lignite, Limestone, Marcasite, Oil/Gas, Phosphate & Salt

Cross River: Barite, Lead/Zinc, Lignite, Limestone, Manganese, Oil/Gas, Salt & Uranium

Jigawa: Butyles

Kaduna: Amethyst, Aqua Marine, Asbestos, Clay, Flosper, Gemstone, Gold, Graphite, Kaolin, Hyanite, Mica, Rock Crystal, Ruby, Sapphire, Sihnite, Superntinite, Tentalime, Topaz & Tourmaline

Kano: Gassiterite, Copper, Gemstone, Glass-sand, Lead/Zinc, Pyrochinre & Tantalite

Kastina: Kaolin, Marble & Salt

Kebbi: Gold

Kogi: Cole, Dolomite, Feldspar, Gypsium, Iron-ore, Kaolin, Marble, Talc & Tantalite

Kwara: Cassiterite, Columbite, Feldspar, Gold, Iron-ore, Marble, Mica & Tantalite

Lagos: Bitumen, Clay & Glass-sand

Nasarawa: Amethyst (Topaz Garnet), Barytex, Barite, Cassirite, Chalcopyrite, Clay, Columbite, Coking Coal, Dolomite/Marble, Feldspar, Galena, Iron-ore, Limstone, Mica, Salt, Sapphire, Talc, Tantalite, Tourmaline Quartz& Zireon

Niger: Gold, Lead/Zinc & Talc

Ogun: Bitumen, Clay, Feldspar, Gemstone, Kaolin, Limestone & Phosphate

Ondo: Bitumen, Clay, Coal, Dimension Stones, Feldspar, Gemstone, Glass-Sand, Granite, Gypsium, Kaolin, Limestone & Oil/Gas

Osun: Columbite, Gold, Granite, Talc, Tantalite & Tourmaline

Oyo: Aqua Marine, Cassiterite, Clay, Dolomite, Gemstone, Gold, Kaolin, Marble, Silimonite, Talc & Tantalite

Pleteau: Barite, Bauxite, Betonite, Bismuth, Cassiterite, Clay, Coal, Emeral, Fluoride, Gemstone, Granite, Iron-ore, Kaolin, Lead/Zinc, Marble, Molybdenite, Phrochlore, Salt, Tantalite/Columbite, Tin & Wolfram

Rivers: Clay, Glass-Sand, Lignite, Marble & Oil/Gas

Sokoto: Clay, Flakes, Gold, Granite, Gypsium, Kaolin, Laterite, Limestone, Phosphate, Potash, Silica Sand & Salt

Taraba: Lead/Zinc

Yobe: Soda Ash & Tintomite

Zamfara: Coal, Cotton & Gold
full member
Activity: 658
Merit: 189
May 17, 2023, 05:44:42 AM
#7
Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.

From the story you have described, I can only conclude that there (in Africa) there is still a shortage of smart people to manage the resources that are already there. This means that what is still lacking there are human resources who can be relied upon to properly manage all natural resources and can provide benefits to every citizen who lives there. If you think about it, it's really unfortunate if the citizens there can't feel the slightest bit of prosperity in their lives through the results of the natural resources they have.

And one more thing, isn't there a group of people or organizations admonishing the government to care more about their natural resources so that citizens no longer buy natural resources imported by other countries into Africa? The problem is that natural resources that are very useful like that can clearly change countries in Africa to become more independent even though they don't immediately develop at a greater level. So this is where the concern of the government must exist so that every problem can be resolved properly and correctly.
hero member
Activity: 952
Merit: 555
May 17, 2023, 05:01:39 AM
#6
Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government

The truth is that in Africa, they are blessed with the minerals resources in abundan of different kinds but they lack the final utilization of these resources to every last bit of its mining and their applications in different aspects of the economy, which means that there are many of these resources laid down to waste due to non effective utilization of them into a finished product for final consumers, the government are trying but they still need more advanced way of approach which the developed countries are using in making a maximum use of their resources where applicable.


hero member
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Merit: 554
Leading Crypto Sports Betting & Casino Platform
May 17, 2023, 04:40:08 AM
#5
Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.
Mineral resources are useless without human resources. Africa is blessed with natural resources but they lack the needed human resources. And the best personnel Africa needs is good political leadership. If the continent is ruled by right leaders it will lead to the development of economic manpower. The political class must make the right policies that will make Africa attract the right investors that will tap her rich resources. Africa needs foreign investments because the continent lacks the funding to turn its raw materials into finished products. Until this happens, Africa will continue to be a poor continent amid rich resources.
hero member
Activity: 1960
Merit: 547
Vave.com - Crypto Casino
May 17, 2023, 04:37:40 AM
#4
Not only countries in Africa have large mineral resources, many other third world countries also have rich resources. They have mineral resources but lack the technology and machines to mine and process them, this is the situation in most poor countries. Instead, they look to developed countries that have the technology to help them do that, and of course, the developed countries will take advantage and find ways to keep their distance so that they have more benefits.
I think the 3rd world countries rich in mineral resources will find it difficult to self-exploit and produce in the future, the great powers will find all ways to restrain and make poor countries dependent on them. That's why the world still has huge disparities between countries.
sr. member
Activity: 1344
Merit: 379
May 17, 2023, 04:09:01 AM
#3
Since Africa is a country rich in natural resources, if they can maintain those natural resources well and exploit them, then their country will be much better.

We can follow the example of Qatar, a small country in the Middle East that has become one of the most economically powerful countries in the world today, relying solely on its natural resources. 

African governments should think about how to extract the natural resources that Africa has from nature. Because natural resources are endless, if they can extract natural resources well, then they can export those resources to different countries and the economic system of their country will be strengthened a lot.
hero member
Activity: 700
Merit: 673
May 17, 2023, 03:47:23 AM
#2
One thing is to have good resources (opportunity); another is to know about them (unawareness)  and at the same time have proper usage for them. There are a lot of natural resources on African lands; crude is not just the only thing, as you have stated, and these resources are being secretly and openly extracted either by the country's government or private entrepreneurs. But the question here is: what are those resources made from selling out those resources used for? To me, it's not about having those resources or even knowing the worth of those resources; it's about how those resources are being used for the betterment of the nation and not for the enrichment of the leaders.

Talking about Nigeria exporting their crude overseas for refining is not because the country lacks the capacity to set up a working refinery, which they can use to do that, or they lack the knowledge of doing so; all I see here is greed. For the country to own an active refinery, it means a lot of private individuals who are also government officials won't be benefiting from exportation. There are about three private exporters of crude who are making a heavy sum from it, and they will always try every possible way to make sure that their earnings remain. Let's watch and see what will happen if the Dangote proposed refinery is concluded and commissioned, and if there will be a little change even though it is a private refinery.
jr. member
Activity: 104
Merit: 9
May 17, 2023, 03:08:30 AM
#1
Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.
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