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Why the side-hustle is key to Nigeria's economy

Nkem Ifejika meets with Nigerian entrepreneurs who show how the nation's economy is finding lubricants other than oil.
Seth Dixon's insight:

The shadow economy, the black market or the side-hustle; these are all names for the informal sector of the economy.  In many countries such as Nigeria, this is a way of making money outside their normal jobs to boost their income and try to rise above just getting by.  "It was my grandmother who taught my mum that if you were lucky enough to have a salaried job, that was just pocket money. The real money came from your five to nine."  If working 9-to-5 represents the formal economy, this BBC podcast (and accompanying article) are all about the 5-to-9 economy. 


Tags: economic, laborNigeria, podcast

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Rowena Spence Cortina's curator insight, March 10, 2015 10:37 AM
Seth Dixon's insight:

The shadow economy, the black market or the side-hustle; these are all names for the informal sector of the economy.  In many countries such as Nigeria, this is a way of making money outside their normal jobs to boost their income and try to rise above just getting by.  "It was my grandmother who taught my mum that if you were lucky enough to have a salaried job, that was just pocket money. The real money came from your five to nine."  If working 9-to-5 represents the formal economy, this BBC podcast (and accompanying article) are all about the 5-to-9 economy

Courtney Barrowman's curator insight, March 14, 2015 9:11 AM

unit 6

BrianCaldwell7's curator insight, April 5, 8:12 AM

The shadow economy, the black market or the side-hustle; these are all names for the informal sector of the economy.  In many countries such as Nigeria, this is a way of making money outside their normal jobs to boost their income and try to rise above just getting by.  "It was my grandmother who taught my mum that if you were lucky enough to have a salaried job, that was just pocket money. The real money came from your five to nine."  If working 9-to-5 represents the formal economy, this BBC podcast (and accompanying article) are all about the 5-to-9 economy. 


Tags: economic, labor, Nigeria, podcast, 

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Why are the MINT countries special?

Why are the MINT countries special? | Geography Education | Scoop.it

"In 2001 the world began talking about the Bric countries - Brazil, Russia, India and China - as potential powerhouses of the world economy. The term was coined by economist Jim O'Neill, who has now identified the 'MINT' countries - Mexico, Indonesia, Nigeria and Turkey - as emerging economic giants. Here he explains why."


Tags: Mexico, Indonesia, Nigeria, Turkey, economic, development.

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Edelin Espino's curator insight, December 13, 2014 2:45 PM

The next generation will come with more country's developments and those could be the MINT countries which are, Mexico, Indonesia, Nigeria and Turkey, their economy are increasing and are far more bigger than what it was in the 2003. That would be awesome to see all those countries with a developed economy. That will improve the lives of millions and specially Mexicans! Can't wait to see how it will turn out.

Bob Beaven's curator insight, February 5, 2015 2:05 PM

Mexico, along with the other countries in the MINT category, are developing countries that could one day become economic powerhouses.  Mexico, as noted in the article, is in a strong position to become an economic powerhouse, due to the fact that it is in between the United States and the developing countries to its south.  Mexico does face a battle however, as the country has been dominated by corruption for decades, yet the new president, who is young and energetic, is attempting to reform the system and put an end to the wide spread problem.  If Mexico can become a major economic powerhouse, it along with Canada and the United States, could from a strong North American Trio, originally envisioned when the NAFTA was signed into law, back in the 1990s. 

Kristin Mandsager San Bento's curator insight, March 1, 2015 10:00 PM

The MINT countries aren't that surprising.  After China purchased some of the US debt, it really opened my eyes to who the new powerhouse is.  Mexico could certainly be another powerful country if they could get their act together.  It will be interesting to see the shifts taking place in the next 20 years.  

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'I will sell them,' Boko Haram leader says of kidnapped Nigerian girls

'I will sell them,' Boko Haram leader says of kidnapped Nigerian girls | Geography Education | Scoop.it
Fears for the fate of more than 200 Nigerian girls turned even more nightmarish when the leader of the Islamist group that kidnapped them said he'll sell them.
Seth Dixon's insight:

I have hesitated to post about this topic for several reasons (unsure of the regional context, painful topic, religious overtones, etc.) but feel that it is important enough that it simply can't be ignored.  The abductions have triggered massive protests as we see the convergence of modern social mobilization and intelligence versus old-fashioned brute force.  This video is a quick introduction to the group Boko Haram and this article discusses their current activities.  Boko Haram came to power because of ecological disaster, oil politics and corruption.  Amnesty Internat'l answers the difficult question, "what can be done?"

 

Tags: Nigeria, slavery.

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SwagQueen's curator insight, May 8, 2014 8:28 PM

i think Boko Haram is a Stupid moron who should be put into jail. the Nigerian government to save our girls. Innocent girls are being taken away from their homes and their parents want them back.

Stephen Zimmett's curator insight, May 19, 2014 12:33 PM

Every one should see this video 4 reasons why Boko Haram does what it does. A bunch of idiots

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New Evidence Reveals Shell Wildly Underreported Niger Delta Oil Spill

New Evidence Reveals Shell Wildly Underreported Niger Delta Oil Spill | Geography Education | Scoop.it
New data shows Shell dramatically under-estimated the damage of a 2008 spill that devastated the lives of tens of thousands of people in Niger Delta. Shell has yet to compensate victims.

 

The volume of oil spilt at Bodo was more than 60 times the volume Shell has repeatedly claimed leaked.  This is but one example of a international corporation exploiting the natural resources of a developing country.


Via John Peterson
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Meagan Harpin's curator insight, October 6, 2013 8:12 PM

This article talks about how Shell seems to have underestimated the damage caused by the oil spill in 2008 when tens of thousands of barrels of oil polluted the land and creeks surrounding Bodo. The spill has compromised the access to clean food and water, destroyed livelyhoods and put health at risk. Shell still has not compositated the people of Bodo with the bags of food to replace what was destroyed nor have they cleaned up the spill. These poor people, they have had so much destroyed and need help from shell and they refuse to step up and take responsibility and do what it right. 

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7 awful conflicts that were under-reported in 2014

7 awful conflicts that were under-reported in 2014 | Geography Education | Scoop.it
Sadly, there was plenty of mayhem and violence that didn't make newspaper frontpages. Here are some awful conflicts that merited more attention.


Tags: conflictLibya, Yemen, Assam (India), the Sudans, Nigeria, Pakistan, Somalia and Kenya

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Courtney Barrowman's curator insight, January 23, 2015 12:14 PM

Current events, course resource, could be applied to just about every unit!

Lena Minassian's curator insight, April 9, 2015 9:36 PM

This article struck me because of certain topics overshadowing really important ones. This talks about seven horrible conflicts and tragedies that have occurred that went unreported. These issues needed attention and media this day in age is focuses on unnecessary issues rather than discussing issues like these. One of the conflicts was in Pakistan. They experienced a terrorist attack on a school by the Taliban and many children were slaughtered and many of those children were the kids of military personnel. This has been an ongoing conflict and has even had numerous airstrikes involved. This terrorist outbreak has caused more problems and the fighting still continues. A second conflict is in Assam, India. This conflict has been a clash of between ethic groups. This conflict has gotten so bad, numerous people have left their homes and people have been massacred causing it to become a terrorist operation. Conflicts like these need our intention and there are way too many cases like this going unnoticed. 

Chris Costa's curator insight, October 26, 2015 3:05 PM

It is sad to see the state of Libya following the optimism that surrounded its revolution and the toppling of the dictatorship that had ran the nation for decades. Despite the high hopes of the West and the Libyans themselves, the nation has devolved into civil war between the coalition government and an alliance of former rebel groups and militant Islamic extremists. Violence has gripped the nation ever since, a sad story of an incomplete revolution that occurred without a plan set for the future. One must only look at the Benghazi attack to not that the hopes of the US to secure another ally in the region have turned out to be entirely unfounded, as the people remain divided. The lack of coverage of this story in Western media suggests that the story is perhaps too depressing for American audiences, or that the major news networks don't want to dwell on another failure of the US in its involvement in the region. I hope that the violence ceases soon, as there has been far too much bloodshed already for the Libyan people.

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What You Need to Know About the Ebola Outbreak

What You Need to Know About the Ebola Outbreak | Geography Education | Scoop.it
Questions and answers on the scale of the outbreak and the science of the Ebola virus.
Seth Dixon's insight:

This Ebola outbreak began in Guinea, near the border with Sierra Leone and Liberia, where a network of roads makes the movement of people, goods ideas possible.  Unfortunately though, those same roads make spread of diseases easier.  In the past African Ebola cases in isolated villages could be contained but increased transportation has accelerated the diffusion process.  If this spreads to Lagos, watch out.


medical, development, diffusion.

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Samuel D'Amore's curator insight, October 6, 2014 3:11 PM

It's almost ironic that the Western World has chosen to wait so long to get involved and now because of it's spread fear has begun that Ebola might travel to the United States. By not sending aid in a timely fashion the US has allowed the virus to grow to a point that now the US finds itself in danger. To make a historical comparison it's almost akin to the Munich Agreements, France and England chose not to stop a growing and dangerous Germany out of fear of conflict only to find war on their door steps because of it. Why did the western world wait so long? Euro-centric bias or racism? Short sightedness? Regardless of the reason the United States and Western Europe are at risk from a nearly untreatable disease primarily through negligence.

 

Hector Alonzo's curator insight, October 6, 2014 3:23 PM

This article shows how the Ebola virus began to spread in many of the countries on Africa and how likely the virus will arrive in the United States. The virus has crossed many borders in Africa already and, according to the article, has infected five people in the United States, but has been quarantined and is currently being treated.  The Ebola virus outbreak has shown how ill equipped certain parts of the world are, in terms of, having the necessary tools for combating a deadly disease. For example, the article provides a map that shows the areas in Africa are more infected with Ebola than others, illustrating how certain parts of the country are becoming more susceptible to the outbreak than others. So geographically, the Ebola virus has gone from a regional outbreak into a potentially global epidemic, what with the cases in the United States.

Jason Schneider's curator insight, March 9, 2015 3:37 PM

Ebola started in western Africa and it spread overseas to the United States more specifically than any other country. It currently affects over 23,200 people in western Africa. To make sure that Ebola is not being spread throughout the whole United States, eastern United States quarantines any visitors or immigrants from West Africa. Eastern United States seems to have the highest rate of ebola because it is closer to Africa. In that case, it can spread westerly un the United States. Perhaps, it could spread to Canada, Mexico or any other country.

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Oil Pirates and the Mystery Ship

Oil Pirates and the Mystery Ship | Geography Education | Scoop.it

"Forget Somalia, the world's new epicenter of piracy is on the other side of Africa."


Some experts believe that the uptick in the number and geographical reach of pirate attacks is due in part precisely to the 2009 government amnesty for the Nigerian militants in the Niger Delta who had justified their attacks on oil infrastructure and their widespread theft of crude oil as a political protest. "With the political pretense lost, there is no longer any need for oil thieves to limit themselves to targets in the Delta," a United Nations study said.

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Shiva Prakash's curator insight, February 3, 2014 11:20 PM

Technology is changing the shopping habits of buyers. Compete recently conducted a survey that reported a rapid increase in the number of people using their mobile devices for shopping Online shopping which u can buy from home easily with lots of designs of cloths and new technology mobile phones without going out for shopping just click here to go eaZy http://shopdeer.blogspot.in/

Elizabeth Bitgood's curator insight, March 19, 2014 10:08 AM

This article points to the little known problem of piracy off the western coast of Africa.  When one thinks of African piracy, one thinks of the Somali pirates it is important to know that piracy is not just limited to eastern Africa.

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How a Gold Mining Boom is Killing the Children of Nigeria

How a Gold Mining Boom is Killing the Children of Nigeria | Geography Education | Scoop.it
It is a pattern seen in various parts of the world — children being sickened from exposure to lead from gold mining and processing.

 

One of the core concepts in geo-literacy is the ability to make connections between seemingly unrelated issues.  Resource production for a global market is a topic is far-reaching implications and interconnections.     

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The Crew's curator insight, November 26, 2013 9:35 AM

While gold mining is economically beneficial to Nigeria, it is not acceptable for the exposure of lead from the mining and processing to affect the health of children. You are ruining the lives of youth, some who may be future miners. Ultimately, is the money aspect of this situation outweighing the risk of wiping out a generation?

-Scout

Dalton Denmark's curator insight, December 1, 2013 10:43 AM

gold mining poses many beneficial aspects to the abismal economy that africa posesses, however the lead poisoning and possible loss o a generation to me is too big of a risk to jeapordize. with that i do acknowledge why it is tempting to continue and just cope with the health deteririation and develop methods to try and circumvent this problem, however that in my opinion would be a very ignorant decision, this is a prime example of a "rock and a hard place" scenario, but i believe the best decision that could be made would be to substantiate a differant practice, and avoid gold mining. -Dalton Denmark