Urban Growth - Lagos Flashcards
what is Nigeria’s global importance
21st largest economy in world
12th largest oil producer
Large UN peacekeeping role in Africa
what is Nigeria’s Regional Importance
One of Africa’s fastest growing economies
- Highest GNP on continent
- Third largest manufacturing sector in Africa
- Seen as a general indicator for continent - if Nigeria thrives, Africa thrives
when did Nigeria achieve independence
Achieved independence from Britain in 1960, civil war 1967-70
when did Abuja become capital city
• In 1991 newly built city of Abuja became capital city
Nigeria’s political and trading changes
OPEC- aims to stabilize the price of oil and to ensure a regular supply
ECOWAS- trading group
United nations- Nigeria has a significant role in peacekeeping
African union- economic planning and peacekeeping group
CEN-SAD- trading group and develops sporting links
Nigeria growing manufacturing sector
manufacturing involves making products from raw materials
manufacturing growth has been hindered by the dependence on the export of raw materials
today, manufacturing accounts for 10 percent of Nigerias GDP
how has industrial structure helped economic balance
regular paid work gives people a more secure income. this means there is a large home market for products manufactured in Nigeria, such as cars
manufacturing industries stimulate growth for other companies, such as those supplying parts to make cars. more people are employed, so revenue from taxes increases.
a thriving industrial sector attracts foreign investment
oil processing has led to the growth of chemical industries, including soaps and plastics
does Nigeria have a balanced economy
the growth of communications retail and finance in the service sector
empolyment in agroculture has fallen, due to increasing use of farm machinery and better pay and conditions elsewhere
industrialisation and economic growth has increased employment in oil production, manufacturing and other industries
what are the two types of aid
Emergency aid e.g. food. Water, shelter following a natural disaster
OR
long term aid aimed to improve QoL e.g. health clinic, water supplies, schools.
what are the six different types of international aid
official development assistance
multilateral aid
bilateral aid
short term emergency relief
long term development assistance
voluntary aid
define official development assistance
ODA is given by governments and paid for by taxes. for this reason it is sometimes unpopular with tax payers in those countries
define voluntary aid
given by individuals or companies and distributed through charities and non-governmental organisations like OXFAM
Define multilateral aid
given to countries through international organisations, like the world bank or international monetary fund
define bilateral aid
is given directly by one country to another country sometimes, it is tied with aid, with conditions attached, for example, the recipient may be required to buy goods from the donor country with the aid money
define short term emergency relief
to cope with immediate problems caused by disasters, like earthquakes and wars