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Sunday 6 March 2016

Unit 4: Nigeria & Zimbabwe - Oil & Diamonds

On the way to work this morning I heard two contrasting policies on primary products in Africa.

Firstly in Zimbabwe, Mugabe has just announced that the government will take over production of diamond mining. He accuses the foreign investotrs (mainly China) of 'Stealing their property'. Click here for the article.

In Nigeria however, the government are doing the complete opposite to their state run oil industry. They are turning the state run monopoly into 30 'profit making' private companies. Click here for the article.

Question for discussion: Assess the benefits to both countries of these two, very different, policies.

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