Problems of Economic Development In Nigeria - SS3 Economics Past Questions and Answers - page 1
1
What is the primary cause of economic instability in Nigeria?
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A
Overdependence on oil
B
High poverty rates
C
Political instability
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D
Limited access to credit
2
Which of the following is a result of Nigeria's poor infrastructure?
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A
Increased economic growth
B
Reduced transportation costs
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C
Limited movement of goods and people
D
Access to basic services
3
What is a major challenge facing Nigeria's education system?
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A
A lack of skilled workers
B
High tuition fees
C
Limited access to education
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D
Overcrowded classrooms
4
What is the consequence of political instability in Nigeria?
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A
Increased investment
B
Reduced corruption
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C
Economic growth
D
Discouraged investment
5
What is a contributing factor to high poverty rates in Nigeria?
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A
Low unemployment rates
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B
Income equality
C
Access to basic services
D
Lack of economic diversification
6
Explain one consequence of limited access to credit in Nigeria.
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7
Describe one challenge in diversifying Nigeria's economy away from oil dependence.
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