Nigeria's changing industrial structure

Question 1

How has Nigeria traditionally secured an income?

Answer 1

Through selling primary products.

Question 2

Agricultural products have been Nigeria’s main exports in the past, can you give an example of any?

Answer 2

Cocoa, oil palm, timber, groundnuts and cotton.

Question 3

Where was oil found in Nigeria in the 1950’s?

Answer 3

Niger River Detla

Question 4

Today, oil accounts for 14% of Nigeria’s what?

Answer 4

GDP

Question 5

What percentage of Nigeria’s total export earnings comes from oil?

Answer 5

98%

Question 6

In 1999, which sector employed the most people?

Answer 6

Agriculture

Question 7

How would you describe Nigeria’s employment structure in 2012?

Answer 7

Nigeria now has a more balanced economy with people employed in several sectors.

Question 8

What is manufacturing?

Answer 8

The making of products from raw materials.

Question 9

Why couldn’t Nigeria develop its manufacturing industry in the past?

Answer 9

Nigeria was highly dependent on the export of raw materials.

Question 10

How is manufacturing affecting Nigeria’s economic development?

Answer 10

Regular paid work, increased home market, links between sectors, tax growth, attracting foreign investment and the availability of oil based products.