Nigeria

Nigeria

1. Industries

   • argiculture
     • soil is very fertile, and its agriculture industry is capable of feeding several countries
       • 6th worldwide and largest in Afrcia
   • healthcare
   • industrial goods
     • Industrial goods manufacturers provide their products for other industries, as well as to consumers directly
   • ICT
   • Oil production
     • produces about 3% of the world's crude oil, and largest economy in Africa
       • produce for Texaco, shell,total
   • banking
   • 60% is involved in the industries
   • hospitality and tourism
   • utilities
     • electricity and water

2. 30th largest in GDP

3. became independent 1959

4. Transnational corporations (TNCs)

   • Nestle, Volkswagen, elf, Michelin
   • Shell
     • produces more than 21% of the countries total petroleum production bring positives and negatives to this country
     • brings jobs but causes damage to the country e.g oil spil

5. Aid

   • here oil experts provided £30.9 billion but per person £189, creating reliance on aid
     • Having large populations has resulted in approximately £60 million living below the poverty line
   • the UK gave 1.14 billion from 2013
     • the majority was spent on governance and wealth creation
     • while only £3.8 million went to poverty and vulnerabilty

6. Economic growth

   • he economy advanced 2.9 percent, after contracting 13.4 percent in the previous quarter.
   • The oil sector shrank 4.0 percent year-on-year in the second quarter of 2018, following a 14.8 percent expansion in the prior period

7. quakity of life

   • Nigeria is improving slowly as a country, its GDP is growing and as it does so, so do certain parts of the quality of life pf the people