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Forestry โข timber โข 1 deposit(s)
Nigeria forest cover declined from 18% (1990) to ~7% (2024). Major timber species: mahogany, iroko, obeche, teak plantations. Forestry contributes ~1.5% to GDP. Deforestation rate ~3.7% annually - one of highest globally.
Cross River, Edo, Ondo, Ogun, Oyo, Taraba, Benue, Plateau
No valuation scenarios defined for this estimate.