Economic Development - Nigeria Flashcards
How much did Shell pay in taxes in 2013?
£20 billion
How much has Shell spent in LICs?
£10 billion
How much does oil revenue make of Nigeria’s economy?
75%
How much does Shell contribute to Nigeria’s economy?
38%
What is MOSOP?
Movement for the Survival pf the Ogoni People against Shell in 1990s
When was Ken Saro-Wiwa hanged?
1995 along with 8 others
How much is crude oil has Shell extracted from the Niger delta worth from the 1950s?
£25 billion
What years marked oil spills and what was the response?
2008 and 2009, Shell had to pay $80 million in compensation to the Bodo community
Since what years has Nigeria’s GDP doubled?
2009-2011
What percentage does oil account for Nigeria’s GDP?
14%
How many mobile phone users are in Nigeria?
115 million / 185 million
Where does Nollywood rank in the worlds film industries?
3rd
How many movies does Nollywood make a year?
2000 as of 2013 worth £3 billion total
What is the population of Nigeria?
184 million
What does MINT stand for?
Mexico, Indonesia, Nigeria and Turkey
How many ethnic groups are there in Nigeria?
500
What are the three ethnic groups that dominate?
Igbo, Yoruba and Hausa
What are the differences between agriculture I’m the north and south?
Coca and oil palm in the south, peanuts in the north
What is the name of the northern terrorist group?
Boko Haram
How many people have Boko Haram killed?
17,000
How have China helped Nigeria?
- China Railway Construction Corporation won a $12 billion bud for 1400 km railway along west coast of Nigeria
- invested $10 billion in the oil industry
How much does the UK give to Nigeria a year?
£300 million
What percentage of the population lives below the poverty line?
60%
What did Nigeria do to tackle malaria?
Sent out 60 million mosquito nets with the help of the World Bank and the US
What happened I’m 2005 that got rid of Nigeria’s debt?
All the HICs cancelled the debt of the Highly Indebted Poor Countries (HIPCs)
