Nigeria 1 Flashcards
1
Q
Global importance of Nigeria
A
- Nigeria supplies 2.5% of world’s oil.
- 5th largest contributor to UN peacekeeping.
2
Q
Importance of Nigeria in Africa
A
- Fastest growing economies in Africa
- Population of 213M ppl+
3
Q
Nigerian Culture
A
- Nollywood film industry (2nd largest)
- Multiethnic country includes the Yoruba, Hausa etc.
4
Q
Nigeria’s political links
A
- African Union - economic planning and peacekeeping grp
- CEN-SAD: develop trade links
5
Q
What are Nigeria’s global trading relationships?
A
- Imports: petroleum from the EU and USA, cars from Brazil
- Exports: petroleum, rubber and cotton.
6
Q
Advantages TNCs in Nigeria
A
- Valuable export revenues are earned
- Companies provide employment
7
Q
Disadvantage of TNCs in Nigeria
A
- Working conditions are sometimes very poor
- Profit goes abroad.
8
Q
Example of TNCs in Nigeria
A
Shell Oil in the Niger Delta
9
Q
Advantages of Shell Oil in the Niger Delta
A
- Provided direct employment for 65K Nigerian workers.
10
Q
Disadvantages of Shell Oil in Niger Delta
A
- Oil theft cost TNCs and govrnment billions every year.
- Frequent oil flares send toxic fumes into the air.
