Challenges In The Human Environment - The Changing Economic World - Nigeria Flashcards
Location of Nigeria
West Africa
Bordering Chad, Cameroon, Niger and Benin
Global importance of Nigeria
21st largest economy (2014)
Supplies 2.7% of the world’s oil
5th largest contributor to UN peacekeeping mission
Nigeria importance in Africa
Largest GDP in 2014
Largest population
Highest farming output
Political context
Since 1999, Nigeria has stable governments with free and fair elections
Oil now makes up 98% of Nigeria’s export by value
Social context
Christianity, Islam and traditional African religions are practiced
Cultural context
Nigeria is well known for it’s music, cinema, football and writers
Environmental context
Nigeria’s natural environments form landscapes across the
bands of the country
Africa Union
Economic planning and peacekeeping group
ECOWAS
Trading groups made by West African countries
CEN-SAD
Seeks to develop sporting links
OPEC
Stabilises price of oil
UN
Contributes troops to the UN peacekeeping groups
Nigeria’s main exports
EU, USA, India
Nigeria’s main imports
Brazil, USA, EU
Nigeria’s sweet oil
42% less sulphur
Higher quality than the Middle East