The Changing Economic WorldKey Facts

Key Evidence and Statistics

Part of Nigeria as an NEE Case StudyGCSE Geography

This key facts covers Key Evidence and Statistics within Nigeria as an NEE Case Study for GCSE Geography. Revise Nigeria as an NEE Case Study in The Changing Economic World for GCSE Geography with 15 exam-style questions and 24 flashcards. This topic shows up very often in GCSE exams, so students should be able to explain it clearly, not just recognise the term. It is section 4 of 13 in this topic. Use this key facts to connect the idea to the wider topic before moving on to questions and flashcards.

Topic position

Section 4 of 13

Practice

15 questions

Recall

24 flashcards

📋 Key Evidence and Statistics

EvidenceDetail and Significance
GDP~$440 billion — Africa's largest economy by total output, larger than South Africa
Population~220 million — Africa's most populous country; projected top 3 globally by 2050
HDI0.539, ranked 163rd/191 — low despite large GDP, showing growth ≠ development
Poverty rate62% below $1.90/day international poverty line — majority do not benefit from oil wealth
Oil reserves37 billion barrels proven — among the world's top 10; OPEC member since 1971
Oil dependence~90% of export earnings, ~70% of government revenue — extreme vulnerability to price changes
Shell employment~65,000 direct and indirect employees in Nigeria — largest private employer
Nollywood$600m+ annual revenue; 2,500+ films/year; ~1 million jobs — world's 2nd largest film industry by volume
Lagos GDP share~25% of Nigeria's total GDP — extreme urban economic concentration
Lagos population15+ million in the city proper; largest city in Africa by some measures
Niger Delta oil spills1,000+ spills recorded since 2010 — equivalent to an Exxon Valdez every year
Mobile phone users100+ million active users — transformed banking access for rural populations
AbujaPlanned capital since 1991 — government, embassies, growing middle-class suburb; symbolises modernisation intent
ECOWAS membershipFounding member of 15-nation West African trade bloc — reduces trade barriers regionally

Quick Check: Explain why TNCs like Shell have both helped and limited Nigeria's development. Use specific evidence.

Keep building this topic

Read this section alongside the surrounding pages in Nigeria as an NEE Case Study. That gives you the full topic sequence instead of a single isolated revision point.

Practice Questions for Nigeria as an NEE Case Study

Which of the following best describes Nigeria's current economic status?

  • A. A High-Income Country (HIC) with a post-industrial economy
  • B. A Newly Emerging Economy (NEE) and the largest economy in Africa
  • C. A Low-Income Developing Country (LIDC) with very little economic growth
  • D. A developed country with a service-based economy similar to the UK
1 markfoundation

Define what is meant by a Newly Emerging Economy (NEE) and give one example of how Nigeria fits this description.

2 marksstandard

Quick Recall Flashcards

Why is Nigeria important in Africa?
Because it is one of Africa's largest economies and most populous countries.
Where is Nigeria located?
In West Africa.

Want to test your knowledge?

PrepWise has 15 exam-style questions and 24 flashcards for Nigeria as an NEE Case Study — with adaptive difficulty and instant feedback.

Join Alpha