Project Materials

THE CONTRIBUTION OF MARBLE MINING COMPANY TO THE ECONOMIC DEVELOPMENT OF IGBETI COMMUNITY FROM 1969 TO PRESENT.

Chapter one

Introduction

1.1 Background of the Study

Marble mining definition: What exactly is marble? Marble is a form of had shop that is often white and contains colourful lines. It can be polished and utilised in construction and for status purposes, such as a slab or block of marble, a marble floor, or a sculpture.

Mining is the purpose of the industry involved in this coal diamond objective tin mining.

The role of marble mining in economic development: The Marble Mining Company has played significant roles in Igbeti’s economy in terms of employment, the provision of a wide range of goods and services

the facilitation of international transactions, the contribution to the gross national product, the payment of taxes, import and export duties, and the transfer of technology, which they achieve by training their employees.

However, if technology transfer is correctly seen in terms of scientific knowledge, which is the driving force behind modern industrialism, it is contended that Marble Mining has not done enough to benefit the hosts’ economies.

Regardless of this viewpoint, it would be incorrect to claim that the Marble Mining Company had no impact on the host economy. As a result, we will look at the contribution of Marble Mining Company.

The study will concentrate on the impact the company. This is to allow us to assess its performance and impact on Igbeti economic development.

1.2 Aims and Objectives

The purpose of this study is to investigate the involvement of the Marble Mining Company on Igbeti’s economic development, as well as the rate at which these developments are occurring.

We will look at the origins of the Marble Mining Company and how it operates. We will also investigate the attention paid to aspects of the organization’s internal environment, such as product quality, product distribution, resource mobilisation and utilisation, organisational structure, general administration, and management.

1.3 SCOPE OF THE STUDY

The study focusses on the role of a marble mining company in the economic development of Igbeti. Thus, it will look at the general overview of Igbeti, the historical context for the emergence of indigenous economic activities, industrial development in Igbeti from 1960 to the present, and modern industrial development in Igbeti.

Furthermore, the research discusses Marble Mining’s efforts to improve the town’s industrial landscape. The contribution of Marble Mining, as well as prospects, will be examined; it will also provide insight for researchers interested in conducting additional research or studies on Igbeti’s economic history.

1.4 Research Methodology and Limitations.

This research included both primary and secondary sources. Primary materials include interviews with several employees of the marble mining company, which allowed the researcher to have face-to-face conversations with people and clarify difficulties.

Secondary sources include textbooks, the firm’s annual reports and accounts, and some papers that contain significant information about the company. However, research into the activities of a marble mining company is not without issues.

This is because not all workers were allowed to roam about the plant as much as I needed to obtain materials, and all of the items that I required were supplied to me, but the management also told me that I might still get some materials throughout the activities.

Despite the material constraints, the researcher was able to obtain the necessary information from officers, a readily available book, and the corporation. Despite all limits, I was able to obtain several critical items that supported the effective execution of this job.

1.5 Literature Reviews

A few long essay, book and articles have been written on Igbeti, but very few of them focus on the economic development of the town.

Chief /Dr. D.O. Ogunbiyi: Igbeti Town is a tourist attraction. Since (2000), explore the early history of Igbeti. According to the author, ‘Igbeti’, the headquarters of the Olorunsogo local government area in Oyo State, is an ancient hamlet located on a hill valley in the savannah forest.

It is approximately 84 km northwest of Ogbomoso. It is approximately 24 kilometres south of the old oyo, which served as the capital of the popular ancient Yoruba kingdom.

It mentions orire local government councils. The town is surrounded by very picturesque hills, the highest of which is Iyamopo Hill.

Historically, Sango Olufihan Ajala iji was the first settler on Iyamopo hill before becoming Alafin of old Oyo around the 12th – 13th century. Some years after his death, Sango was accepted as a semi-god, and his priest returned to worship the hill, which helped Sango become Alafin of Oyo around the 16th century.

By the end and middle of the seventeenth century, other settlers, mostly hunters and priests, had joined the settlement. Many settlements quickly emerged, with heads and Baales controlling them.