Studied by 1 person
Where is Nigeria located?
West Africa
Bordered by Cameroon, Chad, Niger and Benin.
To the South it borders Gulf of Guinea on the Atlantic Ocean
Population of Nigeria
212 million
Global importance of Nigeria
2014- 21st largest economy
5th largest contributor to UN Global peacekeeping missions.
2.7% of the worlds oil.
Regional Importance of Nigeria
Fastest growing econmy in Africa
Highest GDP in Africa
3rd largest manufacturing sector in africa
Highest farm output in Africa (although most are subsistence farmers)
Nigerias regional imporyance in Africa
One of the fastest growing economies in Africa
Highest GDP in the whole of AFrica
Third largest manufacturing sector in Africa
Higest agricuktural output in africa
Cultural context in Nigeria
Has its own film industry called ‘Nollywood’ which is the second largest film industry
Has won the AFrican cup of nations 3 times
Social conext in Nigeria
Multi-ethnic, Multi-faith country
provides diverse cultures
but also has been a source of conflict including a civil war
Economic inequality between the Islamic North and Christian South of Nigeria has been building up tensions which create an unstable situation with a negative impact on the economy
Environmental conext (not that important)
Far North East of the country is semi-desert
Tropical grassland (savanna) is used for grazing cattle. Crops such as cotton are grown.
SOthern Nigeria has higher rainfalls and temperatures. Much of the area is forest and grows crops such as cocoa, Oil palm and rubber,
Political Context in Nigeria
During the colonial period, Europeans exploited Africa’s resources and people.
Nigeria was ruled by the Uk as a colony and it became independent in 1960
Political instability affected Nigeria’s development and led to widespread corruption
since 1999, it has had a stable economy which is why several countries have started to invest in Nigeria (china/USA)
Advantages of TNC’s in Nigeria
Companies provide employment and the development of new skills
Investment made by companies in local infrastructure and education
Other local companies benefit from increased orders.
valuable export revenues are earned.
Disadvantages of TNC’s in Nigeria
Local workers are sometimes poorly paid
working conditions are sometimes very poor
management jobs often go to foreign employees
much of the profit goes abroad
Advantages of Shell oil in the Niger Delta
It has made major contributions in taxes
It has provided direct employment for 65000 Nigerian workers
It has provided 250000 in indirect jobs in related industries
91% of all SHell contracts have been placed with in Nigerian companies
Disadvantages of shell in Nigeria
Oil spills have caused water pollution and soil degradation, damaging agriculture and fishing industries.
Frequent oil flares release toxic gases like methane and sulfur dioxide into the air. They harm the environment and increase global warming while also affecting people with asthma and other respiratory diseases causing hospitalization to be raised by 0.73% when oil flares were increased by 1%
Oil theft and sabotage cost TNCs and the government billions of dollars every year.
Profit could end up abroad
How does aid benefit NIgeria?
in 2014, the World Bank approved a US$500 million loan to fun development projects and provide loans to businesses
Aid from USA helps to protect people against the spread of AIDS/HIV
Nets for life (an NGO) provides education on malaria prevention and distributes anti-mosquito nets.
