Paper 2 Topic 2 Nigeria Flashcards

(8 cards)

1
Q

What is an example of a TNC in Nigeria

A

Shell

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2
Q

What is a TNC

A

Transnational Cooperation

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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

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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

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5
Q

How much has Shell reinvested into LICS

A

$12 Billion

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6
Q

How much tax did Shell play in 2013

A

$20 Billion

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7
Q

What is the name of the group of local people against Shell

A

Ogoni People

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8
Q

What happened with the Ogoni people

A

They had to live without running water or electricity
Saw no oil profits
Protested
Hanged

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