Economic Development of Nigeria Flashcards

1
Q

Nigeria supplies _____% of the world’s oil.

A

2.5

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2
Q

Nigeria was part of the British Empire until it became independent in _______.

A

1960

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3
Q

Nigeria is part of the:

  1. Group that peace-keeps and plans economically.
  2. Group that stabilises the price and supply of oil.
A
  1. OPEC
  2. African Union
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4
Q

What are 3 of Nigeria’s main exports?
1.
2.
3.

A
  1. Crude oil
  2. Cocoa
  3. Cotton
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5
Q

Why is Nigeria’s crude oil named “sweet oil”

A

Because it has less than 42% sulphur.

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6
Q

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

A

The Niger Delta.

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7
Q

Oil makes up what percent of export earnings?

A

86%

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8
Q

Employment in agriculture has steadily declined due to:
1.
2.

A
  1. Increase in farm machinery.
  2. Increased reliance on crude petroleum instead of agricultural products.
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9
Q

Nigeria has a dominant primary sector because of the _______________ and __________________________.

The industrial sector has only _________________ because ________________________________.

The services sector has ______________ because of the _______________________________________________.

A

petroleum and agriculture industries

grown slightly
machinery makes less jobs available

grown rapidly
expansion of the telecommunications market

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10
Q

What is a TNC (Trans-National Corporation)?

A

A large company that operates in several countries.

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11
Q

A TNC has _______________ in one country.

And ________________________ in several others.

A

headquarters
multiple production plants

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12
Q

What are 2 advantages of TNCs?
1.
2.

A
  1. Provides employment opportunities.
  2. Investment by TNC’s into public services.
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13
Q

What are 2 disadvantages of TNCs?
1.
2.

A
  1. Working conditions are often poor.
  2. Management jobs are given to foreign employees of the TNC instead of host country employees.
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14
Q

How much people does Unilever employ currently?

A

1500 people.

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15
Q

How much people does Shell employ currently?

A

65,000 people directly.

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16
Q

What are three costs of the Shell company in Nigeria?
1.
2.
3.

A
  1. Oil spills cause water pollution.
  2. Oil fumes emit toxic fumes into the air.
  3. Oil theft costs billions of dollars each year.
17
Q

Due to the 2008-2009 Bodo oil spills, how much compensation did Shell pay to the Bodo people?

A

£55 million.

18
Q

What aid did Nigeria receive to prevent the spread of Malaria?

A

The NGO Nets for Life distributed anti-mosquito nets and provided education of malaria to many households.

19
Q

What are 3 challenges of urban growth in Nigeria?
1.
2.
3.

A
  1. Waste disposal.
  2. Squatter settlements.
  3. Traffic congestion.