How Oil Spills Affect Nigeria's Economy and Farms and Why Nollywood Movies Are Going Global

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shreya ramabhadran

18/07/2023

Geography

case study : nigeria

Subjects

Geography

How Oil Spills Affect Nigeria's Economy and Farms and Why Nollywood Movies Are Going Global

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Nigeria's complex economic landscape showcases both remarkable growth potential and significant challenges, particularly in relation to Shell oil spills Nigeria economic impacts, with a focus on sustainable development and industrial diversification.

• The country stands as Africa's largest economy with a population of 182 million, positioned strategically between the Equator and Tropic of Cancer

• Nigerian agriculture and oil industry relationship shows a stark contrast, with 70% of the population employed in agriculture while oil and gas sector contributes 35% to GDP

• Nollywood cinema growth potential globally is evident as the world's second-largest film industry, worth $3 billion

• Environmental challenges persist, particularly from oil operations, with Shell's activities significantly impacting local communities

• Economic development faces hurdles with over 70% of Nigerians living on less than $1 per day, despite being the 12th largest petroleum producer globally

...

18/07/2023

860

Northern Hemisphere
Iwest Africa
bordered by:
Niger (N)
.: tropical climate (but variations
w/in country - esp. coast)
J
latitudinally betwe

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Page 2: Environmental and Social Challenges

The environmental and social impacts of Nigeria's industrial development present significant challenges, particularly in relation to oil extraction and urban growth.

Highlight: Oil spills have devastated local ecosystems, with cleanup costs estimated at over $100 million.

Example: Lagos, the major urban center, produces 13 million kg of waste daily, much of which remains uncollected.

Definition: Bilateral aid refers to direct country-to-country assistance, with Nigeria receiving nearly $1 billion in such support.

Quote: "Up to 80% of watercourses are polluted, affecting local communities and ecosystems."

Vocabulary: Emergency aid refers to immediate assistance provided during crises, with organizations like Oxfam supporting Nigeria's 11 million people in need.

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Subjects

Geography

•

860

•

18 Jul 2023

•

2 pages

How Oil Spills Affect Nigeria's Economy and Farms and Why Nollywood Movies Are Going Global

shreya ramabhadran

@shreya.ram

• The country stands as Africa's largest economy... Show more

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Page 2: Environmental and Social Challenges

The environmental and social impacts of Nigeria's industrial development present significant challenges, particularly in relation to oil extraction and urban growth.

Highlight: Oil spills have devastated local ecosystems, with cleanup costs estimated at over $100 million.

Example: Lagos, the major urban center, produces 13 million kg of waste daily, much of which remains uncollected.

Definition: Bilateral aid refers to direct country-to-country assistance, with Nigeria receiving nearly $1 billion in such support.

Quote: "Up to 80% of watercourses are polluted, affecting local communities and ecosystems."

Vocabulary: Emergency aid refers to immediate assistance provided during crises, with organizations like Oxfam supporting Nigeria's 11 million people in need.

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Access to all documents

Improve your grades

Join milions of students

By signing up you accept Terms of Service and Privacy Policy

Page 1: Economic and Industrial Overview

Nigeria's strategic location and economic potential are evident through its diverse industrial sectors and international relationships. The country's position between the Equator and Tropic of Cancer provides it with a tropical climate, contributing to its agricultural strength.

Highlight: Nigeria is expected to be among the top 20 largest economies by 2050, with significant growth in manufacturing, currently contributing 10% to GDP.

Example: Shell's presence in Nigeria is substantial, producing over 21% of the country's total petroleum from more than 80 fields.

Definition: Transnational Corporations $TNCs$ are companies operating across multiple countries, with 240 such corporations currently active in Nigeria.

Quote: "Shell paid £20 billion in corporation tax in 2013 and announced plans to invest $25 billion in 2017."

Vocabulary: Foreign Direct Investment $FDI$ refers to international companies investing directly in Nigerian businesses and infrastructure.

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