Nigeria Flashcards
1
Q
Global importance
A
- supplies 2.7% of the worlds oil
- highest average GDP in the world (2010-2015)
- lagos is a thriving world economic hub
- 3rd largest manufacturing sector in the world
2
Q
Regional importance
A
- highest GDP on the continent
- its an NEE
- large poppulation of 182 million
3
Q
When did they become independent?
A
1960
4
Q
What did they then have ( free)
A
Fair and free elections
5
Q
Cultural
A
- social diversity
- the Nigerian football team has lots of bpl players in it
6
Q
Environmental
A
North is semi dessert
South has high temp
7
Q
TNCs
Advantages
A
- more money spent in the economy
- other companies benefit due to the increase in order
- valuable export earned
- shell paid £55 million to the area to improve schools and healthcare in the area
8
Q
TNCs
Disadvantaged
A
- local workers are poorly paid
- working conditions are bad
- most of profit generated goes abroud
9
Q
Life expectancy?
A
52 years
10
Q
What percent of export earnings does oil account for?
A
98%
