Nigeria - changing economic world Flashcards
location
- south west coast of Africa
- borders 4 countries: Benin, Chad, Niger and Cameroon
- north of the equator
political context in Nigeria
- 5th largest contributor to UN peacekeeping
social context in Nigeria
- three dominant tribal groups: Hausa, Igbo, Yoruba
- one of the largest youth populations in the world
cultural context in Nigeria
- religious conflict has led to the rise of the Boko Haram terrorist group
- Nigerian music is enjoyed both across Africa and in the whole world
environmental context in Nigeria
- one of the world’s biggest oil exporters
- has a tropical climate with variable rainy and dry seasons allowing it to have the highest farm output in Africa
how is nigeria’s industrial structure changing
reduction in primary and massive (93%) increase in tertiary,
increase in secondary
fast growing Nigerian industries: Wholesale, film (Nollywood), telecommunications
how can the manufacturing industry stimulate economic development
- secure income
- reduction in unemployment
- revenue from tax
- foreign investment
what is the role of transnational corporations in relation to industrial development
they directly invest in developing countries to take advantage of the lower labour costs
they also bring jobs etc
benefits of shell to Nigeria’s economy
- gives 90% of its contracts to Nigerian companies
- makes major contributions to taxes
- supports the growth of the energy sector
- provides both direct employment and aids jobs in related industries
costs of shell in Nigeria
- oil spills pollute surrounding waters -> fishing yields
- soil degradation -> agricultural production
- oil flare send toxic fumes into the air -> health and global warming
how are Nigeria’s political relationships changing
- they were originally part of the british empire but since becoming independent they have developed links with USA, and within asia and africa)
- links with china are growing and Nigeria benefits from increased investment
- UN peacekeeping
how are Nigeria’s trading relationships changing
- most imports come from the EU, china, and the USA
- almost 50% of its exports are to the EU
- now belongs to the Economic community of West Africa States trading group
what are the types of international aid
- advice
- technology
- food
- money
disadvantages of international aid
- does not alwaysreach the people it needs to due to corruption
- not always appropritae eg. giving tractors when they can’t afford diesel and dont have the knowledge to maintain
- aid often tied and allows countries to apply political pressure (eg china supplying arms equipment in exchange for Nigeria importing their electrical goods)
- country may become reliant on it
examples of aid in Nigeria
- anti-mosquito nets provided by the organisation ‘nets for life’
- Aduwan Health Centre supported by ActionAid
