#lagos Nigeria

• Location & Importance of Lagos
  Lagos, Nigeria – a case study of a major city

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.g. paid holidays, sickness leave. 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 ofte
Lagos is one of the world’s major cities and is the most populous city in Africa, ahead of Cairo. Lagos City in Lagos State is Nigeria’s largest city and its economic capital, it is located in the south west of Nigeria alongside the Atlantic Ocean. According to a 2014 report by the National Population Commission of Nigeria Lagos is the 7th fastest growing city in the world, with a population of 21 million. Lagos is a MEGACITY, with a population of over double the required 10 million people!

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.