Historical background of commerce in Nigeria. - SS1 Commerce Past Questions and Answers - page 1
What were the major export commodities in Nigeria during the 19th century?
Palm oil, groundnuts, cocoa
Textiles, firearms, luxury items
Oil, rubber, crafts
Which European power was the first to arrive in Nigeria?
British
Portuguese
French
What were the main challenges faced by Nigeria after gaining independence?
Heavy dependence on oil, neglect of other sectors
Lack of natural resources, low population
Colonial exploitation, weak infrastructure
Name two indigenous kingdoms or empires in pre-colonial Nigeria.
Examples include the Benin Empire, Oyo Empire, Sokoto Caliphate, etc.
What are some factors that continue to pose challenges to commerce in Nigeria?
Examples include corruption, inadequate infrastructure, security concerns, etc.
How did European involvement impact trade patterns in Nigeria?
European involvement introduced new goods, changed local trade patterns, and established colonial control.