Nigeria

Geography ● Population: 181,562,056 people (8th largest) ● Area: sq. mi. (Almost twice the size of California) ● People per sq. mi.: 509 ● Urbanization: 47.8% living in urban areas ● Deserts in the North, tropical forests in the south, mediate in the middle

Economy ● GDP: $1.049 trillion (purchasing power parity); $6,000 per capita ● Exports: $93.01 billion ○ Petroleum and petroleum products ○ Cocoa ○ Rubber ● Imports: $52.79 billion ○ Machinery ○ Chemicals ○ Transport Equipment ○ Food and Live Animals ● Labor Force: 70% agriculture, 10% industry, 20% services ● Inflation Rate: 9.40% ( )

The Nigerian Naira 1 dollar= naira

Key Problems ● Corruption in both governmental and private sectors ● Unemployment ● Health and Health Education ● Terrorism ● Natural Disasters and Environmental Detriments

Corruption ● At all levels including and mostly nationally ● Government officials taking bribes ● Extreme misuse of wealth and resources ○ 76% of oil revenue goes unaccounted for ● Rigged elections ○ Officials pay to win elections ○ First priority becomes making their money back that it took to win ● Current anti-corruption policies are failing

Unemployment ● Unemployment rate: 23.9% (2011 est.) ● Extreme overcrowding in large cities ● Educational incompetence ● Extreme competition for medial jobs

Health and Health Education ● HIV/AIDS ○ Very high risk; 3,228,600 living with HIV/AIDS ○ Worst problems facing Nigeria ● Water Quality ○ Very high risk of contracting disease through water ■ Diseases contracted: leptospirosis, schistosomiasis ● 5.19 children per woman ● Life expectancy: 53 years ○ 43% of population is under 14

Terrorism ● Boko Haram ● Raiding villages in Northern Nigeria ● Refugees from neighboring countries are forced to join so they can survive ○ Came from floods and bad conditions in neighboring countries ● Boko Haram has killed more people than ISIS

Natural Disasters and Environmental Detriments ● Flooding ○ Affected 30 of 36 of Nigeria’s states ○ Displaced over 100,000 Nigerians making most homeless ● Land Desertification ○ Ill farming practices have lead to the decline of arable farmland ● Oil Spills ○ Outdated infrastructure ○ Still not cleaned up

Development Plan

Divided into 3 Phases ● Phase 1: Economy ○ Bring oil companies in ○ Generate jobs in the petroleum industry ● Phase 2: Healthcare ○ Taxes from the oil industry will fund health clinics and health education campaigns ● Phase 3: Education ○ Funding coming from taxes on oil industry ○ Leads to development in other industries

Phase 1: Economy

Goals of Phase 1: Economy ● Interject money into economy by keeping money in Nigeria ● Create jobs and reduce unemployment ● Strengthen the power of the Nigerian currency (Naira) by reducing inflation ● Make Nigeria a global economic competitor

Oil Companies ● Royal Dutch Shell Oil ● BP ● ExxonMobil ● Chevron ●Companies will take over current oil operations and agree to be honest in their earnings. They will enjoy a tax break for their co-operation. ●These companies have the money to invest in physical capital. ●The Nigerian army will help defend the oil wells from terrorists.

Effects of Phase 1: Economy ● Creation of jobs by the influx of labor needed to both operate the oil wells and surrounding industries: transportation and shipping, plastics manufacturing, oil refining, etc. ● Decrease of corruption in government because of the lack of need to “buy” elections. ● Decrease in inflation ● Increase in GDP, GNP, net exports, HDI, EFI ● Change from a more agriculture/sustenance based economy to a more industrial based economy

Phase 2: Healthcare

● Open government funded health clinics ● Start a campaign for education on HIV/AIDS contraction and prevention ● Make clean water more accessible ● Mobile crews for village to village care ● Funded by tax money from oil companies and Nigerian citizens income taxes

Effects of Phase 2: Healthcare ● Decrease in HIV/AIDS contraction, infant mortality rate ● Increase in expected lifespan, health expenditures, human development score index, population with access to clean water

Phase 3: Education

● Increase in industry will constitute a championing of education to further one’s self ● Education will actually be useful because there will be jobs ● Teachers wages and school conditions will improve ● Mandatory attendance in school

Effects of Phase 3: Education ● Increase in R&D, number years compulsory education, number of internet users; therefore shifting from a more sustenance economy to a technological/industrial economy ● Literacy rate will skyrocket

Summary This 3 phase development plan takes advantage of the human capital and natural resources that Nigeria has to offer to both improve quality of life and global economic standing; this also weeds out the corruption in the government while fighting terrorism that plagues the poorer parts of the country.