Case Study: Nigeria Flashcards
What is neo-colonialism?
The use of economic/ political pressure to control Nigeria
-> 10% of oil produced is stolen by bunkering
Social factors?
In 1995 Ogoni leaders were hanged for leading a peaceful uprising
Ambushes caused oil revenues to fall by 25%
Government created a scheme that encouraged youths to sell weapons for cash and would receive $430 monthly
66% of Nigeria live in poverty
Life expectancy dropped to 40 years for Ogoni people due to pollution and war
Environmental factors
60% of population depends on agriculture
Niger delta has 3rd largest Mangrove forest world wide
23 million live within the delta
60% of fish are at risk from oil spills
300 oil spills in last 5 years
Economic factors?
Nigeria is 4th richest African country but only a lower middle income country
TNC shell is in partnership with government
4th largest exporter of oil
Holds 3% of the worlds oil
Provides 95% of countries exports
$60 million dollars worth of oil is smuggled out daily