Geography-Assess/Evaluate positive and negative impacts of TNCs in NEE you have studied
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TNC definition
It is a company that has operations in multiple countries like Nike. NIgeria is a popular location for many of the worlds largest TNCs due to it’s manufacturing and services sectors and availability of cheap labour
Advantages of TNCs in Nigeria
Employment, shell has created quarter of a mill jobs in Nigeria.
They invest in infrastructure to boost economy, Shell gave Nigeria $1 billion to companies to help develop roads.
They contribute to development of local communities . Unilever has run projects to empower women and increase awareness of disease
Negatives of TNCs in Nigeria
TNCs like Shell have caused serious environmental damage in the Niger river due to oil spills, damaging wildlife+habitats.
They typically pay lower wages in NEEs than HICs. Profits are not seen in Nigeria but in the TNC instead.
TNCs may move somewhere else to reduce cost which makes job insecurity for workers.
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