Year 11 Nigeria: a newly emerging economy Flashcards
Where is Nigeria located
In sub-Saharan Africa on the west coast, bordered by Cameroon, Niger, Benin. Capital is Abuja. Known as the ‘giant of Africa’
Global importance of Nigeria
21st largest economy in the world
5th largest contributor to UN peacekeeping
12th largest producer of oil in the world
Importance of Nigeria in Africa
Highest GDP in Africa and largest population (182mil)
19 million cattle (most in Africa)
70% population involved in farming
Political context in Nigeria
In 60s many African countries gained independence from Britain civil wars followed
Recently stable government
Foreign countries now beginning to invest
Social context in Nigeria
Multi-cultural, 500 different ethnic groups but this caused conflict
Economic inequality between north and south led to tensions
Extremist groups have made country unstable
Cultural context in Nigeria
Has its own music and cinema ‘Nollywood’
2nd largest film industry in the world
South mainly Christian, north mainly Muslim
What was Nigeria like in terms of employment in 1999
70% Primary
20% Tertiary
10% Secondary
What was Nigeria like in terms of employment in 2012
40% Primary
30% Secondary
30% Tertairy
How has manufacturing in Nigeria boosted economic development
Regular paid work provides greater tax income for government
Many manufactured good available to buy
Creates jobs and attracts foreign companies to invest in Nigeria
What’s a trans-national corporation (TNC)
A large company that operates in several countries, the HQ is usually in a HIC and production in NEEs/LICs
40 TNCs operating in Nigeria e.g. unilever
Unilever in Nigeria
Use Nigerian grown palm oil employing 1500 people. The company has improved healthcare, education and water supply and works with people from local markets
Shell oil in Nigeria
Oils spills caused water pollution reducing farming and fishing yields
toxic fumes pollute the air
oil theft casts the government billions of dollars every year
Problems in Nigeria
There’s limited access to water, health, education and electricity supply.
60% population live on less than 63p a day
High IMR and low life expectancy
International aid in Nigeria
Most come from UK and USA and World Bank also offers support
Most successful aid projects are small and community based, these deliver help directly where it’s needed
How is aid used ineffectively
Corruption in government means aid is lost or not spent properly
Donors may have political influence over who benefits and may use donations to promote themselves