what is a natural resource
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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Natural Resource Definition
A natural resource is any material or substance found in nature that is valuable to humans for survival, economic gain, or ecological balance. These resources are either renewable (replenished naturally, like sunlight, wind, or forests) or non-renewable (finite, like fossil fuels or minerals).
Types and Examples
Biological: Forests, fish, and agricultural land.
Water: Rivers, lakes, and groundwater.
Mineral: Gold, iron, and petroleum.
Energy: Coal, solar, and hydropower.
Importance
Natural resources fuel industries (e.g., oil for transportation), support livelihoods (farming, fishing), and sustain ecosystems. Overexploitation (e.g., deforestation) risks depletion, urging sustainable management like recycling and conservation.
Nigeria’s Context
Nigeria thrives on oil (non-renewable) and arable land (renewable). Balancing extraction with sustainability remains critical for future generations.