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Nigeria
an NEE (Nigeria's economy
and development p222-225 (Impact…
Nigeria
an NEE
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Importance
of Nigeria
In Africa
Problems
70% employed in agriculture mainly subsistence
Yet highest farm output in Africa BUT land ownership arguments
Corruption
Poor infrastructure - roads & power supplies
Economy
2014 - 21st largest economy, highest GDP in Africa and 3rd largest manufacturing sector
Supplies 2.7% of world's oil -
Important role in UN Peacekeeping forces
Globally
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Political links
Gained independence from UK in 1960 & now belongs to the Commonwealth, the UN, OPEC, the African Union (peace keeping and economic planning group) + trading groups ECOWAS & CEN-SAD
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