Nigeria

• What is Nigeria known for in West Africa?

  A newly emerging economy
• What are the two main aspects broken down in the case study of Nigeria?

  Socio-economic development and transnational corporations
• What is Nigeria's current population?

  185 million people
• By what year is Nigeria expected to have the fourth largest population in the world?

  By 2050
• What is Nigeria's GDP per year?

  500 billion dollars
• Why is Nigeria considered the richest country in Africa?

  Due to its oil reserves
• What has been the percentage increase in secondary employment in Nigeria?

  30% increase
• What has happened to primary employment in Nigeria as secondary employment has increased?

  There has been a 30% decrease
• What is the multiplier effect in the context of Nigeria's economy?

  The feeding down of money from one place to another
• How does the increase in secondary employment affect the quality of life in Nigeria?

  It leads to better pay and healthcare
• What percentage of Nigerians live on less than $1.25 a day?

  60%
• What is Nigeria's literacy rate?

  40%
• How many people die from malaria in Nigeria each year?

  6,000 people
• What is Nigeria's average life expectancy?

  57 years
• Why is Nigeria regionally important in Africa?

  It has the highest population in Africa
• What is Lagos expected to have by 2035?

  40 million people
• What organization is Nigeria a part of that helps set oil prices?

  OPEC
• What does the acronym MINT stand for in relation to Nigeria?

  Mexico, India, Nigeria, Turkey
• What is a transnational corporation?

  A company operating in multiple countries
• Where is Shell Oil's headquarters located?

  In Holland
• What percentage of Shell Oil workers in Nigeria are Nigerian?

  90%
• What is the annual tax income from Shell Oil in Nigeria?

  1. 4 billion dollars
• What are the negative impacts of Shell Oil's operations in Nigeria?

  Oil spills and environmental damage
• How many oil spills have occurred in Nigeria in the last five years?

  7,000 oil spills
• What has caused the oil spills in Nigeria?

  Overland pipes and theft
• How long would it take to clean up the oil spills if they stopped immediately?

  30 years
• What are the socio-economic developments in Nigeria?

  • Rapid population growth
  • High GDP due to oil
  • Increase in secondary employment
  • Decrease in primary employment
  • Wealth distribution gap
  • Literacy rate challenges
  • Health issues like malaria
• What are the positive and negative impacts of Shell Oil in Nigeria?

  Positive impacts:

  • 90% of workers are Nigerian
  • $1.4 billion tax income annually

  
  

  Negative impacts:

  • 7,000 oil spills in five years
  • Environmental damage and contamination