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global importance
2.7% of world oil
microsoft, IBM
importance in africa
highest population in africa- 230million
2014 had the highest gni in africa
aid in nigeria
by 2018 aid helped 12 million have better nutrition and 500,000 children get a better education
nets for life- provided nets to help mitigate effects of malaria
pros of TNCs eg shell
created 65,000 jobs
shell pays taxes to the nigerian government- gni goes up
profits can be invested in improving quality of life
cons of TNCs eg shell
4% of workers from abroad get better pay and working conditions than the 95% of nigerian workers
profit goes out of the country
oil spills in niger delta- at least 1.5 million tonnes
regional inequality
south is richer and better quality of life than the north
history
part of british empire until 1960
how has quality of life improved since 1990
life expectancy gone up 6 years- 46 to 52
access to safe water from 46% to 64%
secondary school enrolment 25% to 48%
negatives of aid
corruption contributes to loss of aid
donors may have influence of what happens to the aid
country may become more dependent as a nation
bodo oil spills
2008-2009, 11 million gallons of oil spilt over 20km², shell agreed to pay £55 million in compensations