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Nigeria - how it's developing its economy (NEE (Africa) (Raw Materials…

- - - - Pollution
        
        Waste disposal has become a major issue from large increases of people in urban areas
        
        More people mean more cars on the rode which causes larger traffic congestion which leads to large amounts of pollution from idle cars pumping of green house gases.
      - More people moving to urban areas but not enough housing and jobs so squatter settlements began to grow and without the proper infrastructure waste is dumped any ware which begins to increase pollution
    - - Pollution
        
        With the industrial sector increasing it means an increase in the number of factorys needed to keep up with demand. This leads to more factory that use machinery that intern uses electricity, so as demand for electricity goes up more power plants would be needed to keep demand,and most power plants will use fossil fuels which pumps green house gases into the air which contributes to global warming
- - - - Nigeria's biggest export as it counts for 80-90% of it's foreign revenues
      - America was the biggest customer in till 2013 when the development of shell oil in America lead to a decrease in demand. Now days their biggest customer is India
      - Through oil extraction and then oil processing has lead to the increase of many new chemical industries; e.g. soaps, detergents, plastics.
    - - Accounts for 10% of Nigeria's GDP and is growing faster than any other sector
      - Main Products
        
        Leather items
        
        Textiles
        
        Processed foods
        
        Soaps & detergents
      - Nigeria's industrial sector is seen to increase into the future because of its cheap labour source and improved infrastructure
      - Factory's are supplying regular income for workers which helps to increase the quality of life of Nigeria's people as it allows people to afford the essential without being reliant on systems such as subsistant farming. This also supplies the government with taxes which can help to further develop Nigeria's infrastructure
    - - 40% of the countries population still work in this sector
      - Rubber/Coco
        
        Exports are very low and mainly are exported for processing in the West Indian islands or Barbados
      - Cotton
- - - - Advantages:
        
        Has employed 1500 people in the workforce with a steady income
        
        Has aimed to grow Nigeria's market and to improve peoples quality of life
        
        Aims for high standers of work (clean work areas)
      - Disadvantages:
      - Unilever started operation in Nigeria in 1923 with the manufacturing of soap from locally sourced palm oil.
    - - Advantages:
        
        Supports the growth of Nigeria's energy sector
        
        Makes major contributions to taxes and export revenue/
        
        Gives 91% of its contracts to Nigeria
        
        Provides 65000 direct jobs and 250000 indirect jobs related to the industry
      - Disadvantages:
        
        Oil spills has caused mass pollution to waters and oil flares has caused air pollution
        
        Oil theft and militant groups sabotaging oil supplies lead to high crime rates
  - - - A single government supporting a countries needs by directly sending financial aid or other assets
    - - Multiple government supporting a countries needs by directly sending financial aid or other assets
    - - 4% of aid given to African countries goes to Nigeria
      - In 2013 it was 0.5% of Nigerian's GNI, a total of US$5 Billion
    - - Most came from individual countries such as the UK and the USA
      - Some came from international organisations like the World Bank, charities and NGO's