WAEC Economics 1995 Question 27

Question 27

Agriculture

The greatest foreign exchange earner for Nigeria before the advent of petroleum was

  1. A.mining
  2. B.handicraft
  3. C.agriculture
  4. D.manufacturing
  5. E.tourism
Show the answer and explanation

Answer: C (agriculture)

Explanation

Before oil, exports of cocoa, groundnuts, palm produce and other crops earned most of Nigeria's foreign exchange.