Category Archives: Consumerism

Nigerian super rich

The super rich living amongst the super poor

The poverty rate in Nigeria is almost three times the size of the US’s poverty rate, but with an economy growing at more than 5% per year in Nigeria and a GDP of around $500 billion its’ difficult to comprehend how so many people can still be suffering. The first thing to keep in mind is that Nigeria has only been an independent Country since the 1960’s. The pre-colonial period was from around 1500 – 1800 and then the British owned the Country for over 150 years.  Continue reading Nigerian super rich

Why the world loves blood diamonds

How they’re made

Two hundred and forty kilometres down into the depths of the Botswana capital……clear hard crystals sit amongst the carbon rich rock. At 1600 degrees and under 50000kg of pressure per sq cm, the carbon atoms are squeezed into a much tighter squeeze than that which produces coal or graphite. It can take up to 3 billion years to produce diamonds.

Continue reading Why the world loves blood diamonds