Paper 2 Topic 2 Nigeria Flashcards
(8 cards)
1
Q
What is an example of a TNC in Nigeria
A
Shell
2
Q
What is a TNC
A
Transnational Cooperation
3
Q
Pros of TNC
A
TNCs often come with sustainability charities - Shell Foundation
They reinvest into the economy
They cause the multiplier effect with new technologies
They pay tax
4
Q
Cons of TNC
A
Jobs arent secure as TNCS move about for profit
Bad pay compared to HICs
Long hours in poor conditions
5
Q
How much has Shell reinvested into LICS
A
$12 Billion
6
Q
How much tax did Shell play in 2013
A
$20 Billion
7
Q
What is the name of the group of local people against Shell
A
Ogoni People
8
Q
What happened with the Ogoni people
A
They had to live without running water or electricity
Saw no oil profits
Protested
Hanged