Nigeria Flashcards
Where is Nigeria?
West Africa - coast - some parts are desert, some rainforest, most economically developed country in Africa
Global importance of Nigeria?
31st largest gdp, 13th largest producer of oil, lagos has a strong financial and economic base, second largest film industry, United Nations peacekeeping
Political context of Nigeria?
Became independent in 1960, civil war due to political instability
Stable since 1999
Free and fair elections
Economic incvtesment from USA and china
Social context of Nigeria?
Multi cultural and multi fat lead to conflicts for example Boko haram - hindered economic development
Cultural context of Nigeria?
Film and music, African cup of nations victors x3, rich and varied cluture
Environmental context of Nigeria?
Tropical climate in the south, desert in the north, savanna towards the north
Nigerias economy?
Divide north and south, rapid growing gdp
How has nigerias industrial sector changed?
From agriculture to services and manufacturing (52%)
Mechanisation lead to decline of agriculture
Manufacturing increase due to political stability
Oil and gas - Niger delta
9% economy from oil due to fluctuating prices and demand
Manufacturing 27% , economy - more secure income and multiplier effect
Not a balanced economy
Transnational corporations in Nigeria?
Shell, chevron (USA) - construct oil and gas drilling platforms in Niger delta - pipelines around Gulf of Guinea- transported and refined in other countries- make higher profits
Transnational corporations in Nigeria?
Shell, chevron (USA) - construct oil and gas drilling platforms in Niger delta - pipelines around Gulf of Guinea- transported and refined in other countries- make higher profits
Impacts of oil in Nigeria?
Oil leaks in Niger delta - farmland impacted, fish died, climate change due to bruising off gas from the oil, respiratory problems, lower life expectancy .
Advantages of tncs in Nigeria?
International links, investments, jobs and training, new technology, higher stable wages
Disadvantages of tncs?
Profits leave the country for hics, wages low than home country, environmental damage, can withdraw from countries raw materials extracted and not refined
Political relations in Nigeria?
Used to be mostly British empire, now part of commonwealth, political position within Africa, relations with china
Trading relationships in Nigeria?
Imports from USA and china (eu)
Half exports to Europe
Asia like china and India for petroleum
ECOWAS