Nigeria - changing the economic world Flashcards

1
Q

where is nigeria

A

in west Africa jsut north of the equator

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2
Q

whats the population of Nigeria

A

184 million people = most populated in Africa

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3
Q

whats the ecomonic global imptnace of Nigeria?

A

wourlds 21st largest economy

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4
Q

what has been the driving point of Nigerias growth

A

oil production

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5
Q

what it is the global importnace of Nigeria (oil)?

A

12th largest procucer of oil
supplys 2.7% of oil

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6
Q

how does havign a youthful, educated population benefit Nigeria

A
  • boost the workforce in secondary and tertiarry jobs = better income = higher GNI
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7
Q

whats is the impotance of Nigeria in Africa?

A
  • highest GDP in 2014
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8
Q

explain the GDP growht in Nigeria

A
  • had the worlds higherst average GDP growth from 2010-2015
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9
Q

how does Nigerias repaid growth effect the rest of Africa

A
  • mutiplier effect = entrepreneurship
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10
Q

what % of the popualtion are in primary sector jobs

A

70%

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11
Q

summarise teh political background of Nigeria

A
  • during the 19th-20th century = part of the British empire [ppl were expoited]
  • 1960 gained independence
  • 1967-1190 = had lots of dictators
  • 1967-1970 = civil war [corruption]
  • now stable goverment
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12
Q

summariese the cultrural aspect of Nigeria

A
  • rich cultural mix
  • Nigerias music ‘Afrobeat’ enjoyed
  • “Nollywood” 2nd largest film industry in the world
  • football team = won African cup of nations 3x
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13
Q

summarise the enviromental aspects of Nigeria:

A
  • North = semi-desert, close to equator
  • as you move furhter south = tropical grass lands dominate [cattle,crops] high temps &rainfall
  • Jos plateua = central = densely populated farmland
  • south = prevelance of TSETSE FLY which is lethal to live stock
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14
Q

summaridse the social aspect of Nigeria

A
  • multifaith/ethnic country
  • 3 main groups = Yoruba,Huasa, Fulani
    = social diversity but previously has lead to conflict
    -1967 Igbo-dominated the south east & tried to seperate it from the rest of Niveria = 3year civil war
  • recent rise of Boko Haram = instabilty in the country & less investment from abroad
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15
Q

how is Nigerias economy changing?

A
  • since the 1990s = more secondary jobs, and tertiary = increased through the growth of communications, retail and finance
    = more balanced economy as it is less reliant on a single industry
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16
Q

how is the manufacturing industry important to Nigeria?

A
  • manafacturing accounts for 10% of Nigeria’s GDP
  • growth secondary sector has encouraged economic development = people have more secure income [ larger factories have become reliant on smaller buisnesses = mutiplier effect - mutiple buisnesses benefit]
17
Q

give an example of TNC in Nigeria

18
Q

where is its country of origin/headquaters?
year it started in Nigeria?

A
  • Netherlands
  • 1937
19
Q

benefits of shell in Nigeria

A
  • 65 000 employes from Nigeria
  • further support 250 000 jobs in related industries
  • they give 91% of contracts to Nigerian companies
  • mutiplier effect, inc GNI
20
Q

negatives of the TNC shell

A
  • oil theft & sabotage costs goverment billions of dollas every year
  • oil spills can occur = damage enviroment kill crops and animals
    [occured 2008 & 2009 devasted livelihoods of thoasands of farming]
21
Q

advantages of TNCS

A
  • provides infsatrucure
  • mutiplier effect
  • jop employment
22
Q

disadvantages of TNC

A
  • local workers exploited
  • descions made by host country = profits go there
23
Q

how have Nigerias political links changed?

A
  • until 1960 used to be part of the British Empire
  • now joined the British commenwealth
  • now leading member in African politc groups e.g African Union, United Nations
24
Q

how have trade links changed?

A
  • Nigeria exports good to countries like crude oil, rubber to countries like USA
  • imports of cars, rice from places like China
  • Ghana & Ivory coast = only 2 African countries w significant trade
25
Q

what types of international aid does Nigeria receive?

A
  • the uk gives £300 million a year in aid to Nigeria
  • as 60% of the population still live in poverty
26
Q

how does economic growth affect the enviroment?

A
  • URBAN GROWTH
    squatter settlements, traffic conjegtion pollustion inc, impermeable surface inc
  • INDUSTRILA GROWTH
    air quality, noxious gases releases
    [500 industrila plants & 10 000 illegal]
  • DEFORESTATION
    70-80% of forests destroyed
  • OIL & MINERALS
    oil spills in the Niger Delta
27
Q

how has Nigerias quality of life improved?

A
  • life expectancy has increased by 6 years
  • acess to clean water inc by 18%
  • moblie phone users inc form 0-73%
    -education, healthcare improved