The impact of TNCs in Nigeria * Flashcards
(17 cards)
Describe where Nigeria is located
In west Africa
Bordering Benin, Niger, Chad and Cameroon
Almost directly south of the UK (making it just 1 hour ahead of GMT)
Is Nigeria an LIC, HIC or NEE?
NEE
What is most of its economic growth from?
money made from oil
What is the population in Nigeria?
182 million
What is the life expectancy in Nigeria?
52
What percentage of people in Nigeria are living in poverty?
70%
What percentage of primary, secondary and tertiary jobs are there in Nigeria?
40% primary, 30% secondary and 30% tertiary
What is the definition of manufacturing industry
A the mechanical, chemical or physical processing of raw materials or component parts to produce new product
What is a TNC?
a Trans National Corporation that operates in several countries
Fill the gaps :
a TNC usually has headquarters in a ___ and production plants in ___/___s
There are __ TNCs operating in Nigeria
a TNC usually has headquarters in a HIC and production plants in NEE/LICs
There are 40 TNCs operating in Nigeria
What are the two TNCs that operate in Nigeria?
Unilever and Shell
What does Unilever manufacture and how are they involved with Nigeria?
soap grown using Nigerian palm oil
How many people do Unilever employ in Nigeria?
1500 people
Fill the gaps :
Unilever works with people from ______ ________ markets to make sure that standards of employment are ____ and workers are _____ ___
Also has promoted improvements in __________, _________ and _____ supply as part of its social responsibility programme in Nigeria
Unilever works with people from local cultural markets to make sure that standards of employment are high and workers are cared for
Also has promoted improvements in healthcare, education and water supply as part of its social responsibility programme in Nigeria
What are four negative impacts of shell operating in Nigeria?
oil spills have caused water pollution and damaged farming land
Toxic fumes are polluting the air
Militant groups disrupt the oil supply
Oil theft is costing the government and TNCs billions of dollars every year
What are the benefits of TNCs in Nigeria?
employment
Sets up microfinance loans for business —>contributes to economy —> funds schools and health centres
Shell has directly employed 4500 people directly and 20000 indirectly
Shell pays taxes to the Nigerian government creating schools and health centres
Unilever has employed 1500 people
Manufacturing creates a positive multiplier effect
How can manufacturing stimulate the economy?
A new manufacturer….
Local firms….
Local people….
Local people….
Taxes to….
Government….
A new manufacturer such as shell starts refining oil in Nigeria
Local firms provide shell’s refinery with components or products
Local people earn more money from working in shell or local firms
Local people spend more money in local businesses
Taxes to the government from businesses and people goes up
Government spends the money on improving infrastructure and attractions to bring in more manufacturing industries
