Nigeria Flashcards

1
Q

Advantages of TNCs

A
  • Companies provide employment
  • More money is spent in the economy
  • Investment by companies in local infrastructure
  • Valuable export revenues are earned
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2
Q

Disadvantages of TNCs

A
  • Local workers are sometimes poorly paid
  • Working conditions can be poor
  • Jobs often go to foreign employees from the TNC
  • Much of the profit goes abroad and not to Nigeria
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3
Q

What is an example of a TNC in Nigeria?

A

KFC

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4
Q

How do TNCs benefit from operating in Nigeria?

A
  • Cheaper labour
  • tax incentives
  • laxer environmental laws
  • access to a wider market
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5
Q

How do locals benefit from TNCs?

A
  • Job opportunities to feed families

- Better facilities

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6
Q

What are some opportunities for development in Nigeria?

A
  • Mining
  • Oil extraction
  • Commercial farming
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7
Q

Advantages and Disadvantages of MINING

A

Adv
- Tin mining has been a good income to mining companies
- Provided employment
… Benefitting economy

Disadv
- Caused soil erosion
- Local water supplies were polluted
… Causing environmental damage

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8
Q

Advantages and Disadvantages of OIL EXTRACTION

A

Adv
- Employment fir 65000 locals
- 91% of Shell contracts to Nigerian Companies
- Makes major contributions in tax and export revenue
… Benefitting economy

Disadv
- Bodo Oil spill has caused water pollution and soil degradation
- Oil theft and sabotage from SHELL has put local lives at risk
- Toxic fumes are emitted during extraction
… Which affects Nigeria socially and environmentally

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9
Q

Advantages and disadvantages of COMMERCIAL FARMING

A

Adv
- Farming provides food to be exported
- Farmers have jobs to feed families
… Benefitting economically

Disadv
- Water pollution from chemicals
- CO2 emissions from construction
- Soil erosion
... Environmentally damaging
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10
Q

What problems does Nigeria face?

A
  • Economic development
  • Industrial growth
  • 70-80% of Nigeria’s forests have been destroyed
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11
Q

What is emergency AID?

A

Usually following a natural disaster, and food, water, shelter and medical supplies are provided

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12
Q

What is development aid?

A

Long term support given by charities, governments and multilateral organisations. Provides safe water, education and improvements to infrastructure, etc.

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