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Paper 2
The changing economic world
Nigeria
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Created by
Mohamed Sid Ahmed
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Cards (15)
What is the regional importance of
Nigeria
?
1. 2014 highest GDP in Africa and 3rd largest manufacturing sector
2. Largest farm output in Africa - 70 % of population in this industry
3. Potential to lead the way in Africa's development
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What is the Global importance of Nigeria?
1. NEE - 2014 became worlds 21st largest economy
2. 12th largest producer of oil in the world
3. Economy becoming more and more diverse
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What is the political context of Nigeria?
1. In 1960s - many African countries gained independence from European nations
2. Civil wars and dictatorships prevented development
3. Free and fair elections recently
4. Foreign Companies like microsoft investing
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What is the social context of
Nigeria
?
1. Multi-ethnic, multi-faith
2. Civil war in 1960s when Igbos in Biafra wanted to separate from Nigeria
3. Economic inequality between the north and the south
4. Fundamentalist groups made country unstable
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What is the cultural context of
Nigeria
?
1. Own music and cinema - Nollywood
2. 2nd Largest film production globally
3. Won Afcon 3 times
4. Several have played in Premier League
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What is the industrial structure of Nigeria?
1. Primary jobs
2. Secondary Jobs - making processed foods, textiles
3. Tertiary jobs - communications, medial, retail
4. 1999 - 70% in agriculture, 2012 - 30% in secondary jobs
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What are the benefits of manufacturing in
Nigeria
?
1. Regular paid work - lets people secure income
2. Manufactured goods available to buy
3. Attracts foreign companies to establish and invest in Nigeria
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What is a
TNC
?
Trans National Corporation
which invests in
LICs
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What are the advantages of
TNCs
?
1. Offer jobs to people in Nigeria
2. Pay taxes which the government can invest
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What are the disadvantages of
TNCs
?
1. Can cause problems to evnironment - toxic fumes
2. Working conditions poor and decreas QoL for workers
3. Bodo Oil spills
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What are the types of aid Nigeria receives?
1. Emergency or short term aid
2. Charitable Aid
3. Long term or development aid
4. Multilateral Aid - through organisations form HICs
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What are the advantages of Nigeria's aid?
1. UK government funded health and HIV programme - gives education and health in rural areas
2. Work Bank funded loans to businesses to help diversify
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What are the diadvantages of Nigeria's
aid
?
1. Corruption - aid not reaching right people
2. Donors of aid - may have influence over who receives or not
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What are the social impacts of
economic development
?
1. Breathing and lung issues
2. harmful pollunts
3. 70-80% of forests destroyed through logging, agriculture and urban development
4. Services not keeping pace with growing cities
5. Waste disposal so poor it is dumped on streets
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What are the environmental impacts of economic development?
1. Soil erosion
2. Pollution of water supplies
3. Oil Spills
4. Fires
5. Pollution
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