Key words Economic opportunities - Chances for people to improve their standard of living through employment. Formal economy - This refers to the type of employment where people work to receive a regular wage and are assured certain rights e. Wages are taxed. Informal economy - This type of employment comprises work done without the official knowledge of the government and therefore without paying taxes. It is common in many LICs. Social opportunities - Chances for people to improve their quality of life, for instance access to education and health care.
Squatter settlement - An area of poor-quality housing, lacking in amenities such as water supply, sewerage and electricity, which often develops spontaneously and illegally in a city in an LIC. Welcome to Lagos from Oo Nwoye on Vimeo. According to a report by the National Population Commission of Nigeria Lagos is the 7th fastest growing city in the world, with a population of 21 million.
Unlike other states dependent on oil revenues Lagos City economy is diversified to manufacturing, transport, construction, service, wholesale, and retail sectors. Lagos is one of the most important cities in Nigeria and indeed in Africa, both economically and culturally.
Its Geographic location see map is very significant, as it is on the Atlantic coastline of Nigeria allowing for excellent trade routes. It also has a major airport and is connected to other Nigerian cities via railway and road links. Regardless of which is most accurate, Lagos has the highest population of any city in Africa. As the population of Laos has grown so too has the physical size of the city.
The original settlement consisted of Lagos Island. By the s the city had expanded north into the mainland. Urban growth occurred along the line of the railway. A population boom occurred during the s as the result of the growth of the oil industry. Many thousands of people moved to the city seeking jobs in this industry.
Urban growth continued during the s and s. Find out more about the growth of Lagos. From above the city looks like any modern city. The city centre skyline is dominated by modern, high-rise offices, surrounded by miles of sprawling suburbs, linked by busy roads. At street level the air is filled with noise from generators, that power the city owing to the unreliable energy supply, motorbikes and yellow minibus taxis. Despite Lagos no longer being the capital city of Nigeria it retains its importance as the centre of trade and commerce.
It remains the main financial centre of West Africa. The city has an international airport and an important sea port. If you've found the resources on this page useful please consider making a secure donation via PayPal to support the development of the site.
The site is self-funded and your support is really appreciated. If you've found the resources on this site useful please consider making a secure donation via PayPal to support the development of the site. Location of Lagos.
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