NIGERIA: rapid economic development (changing economic world)

Describe the industrial structure of Nigeria

52% service sector, 22% agriculture and 14% oil and gas

Growth of telecommunications industry in Nigeria

in 1990 there was less than 1mn users now there is more than 115mn

The proportions of those living in poverty in Nigeria

more than 60% of those in poverty live in the North and more than 75% live in rural areas

Economic benefits of oil in Nigeria

Oil and gas account for 14% of total GDP and 95% of export earnings

How does Shell create jobs in Nigeria

employs 65,000 workers, and 250,000 jobs in related industries

Nigeria's trade link with China

China invested 12 billion dollars into Nigerian railway, and 10 billion dollars to drill a new oilfield

How does aid help Nigeria economically

2005 faced debt relief

How does aid help Nigeria socially

39.7% population contracts malaria so World Bank and IMF donated 60 million mosquito nets

evidence of an improvement in Quality of Life in Nigeria

GNI increased from 4.2 to 5.4, life expectancy from 45.6 to 52.5, average years schooling from 6.7 to 9