Africa: Nigeria

About Nigeria

Following nearly 16 years of military rule, a new constitution was adopted in 1999 and a peaceful transition to civilian government completed. The new president faces the daunting task of rebuilding a petroleum-based economy, whose revenues have been squandered through corruption and mismanagement, and institutionalizing democracy. In addition, the OBASANJO administration must defuse longstanding ethnic and religious tensions, if it is to build a sound foundation for economic growth and political stability.

Vital Statistics
Capitol City: Abuja
Population: 126,635,626
Percent below poverty: 45% (2000 est.)
Language: English (official), Hausa, Yoruba, Igbo (Ibo), Fulani
Date of independence: 1 October 1960 (from UK)
Form of government: epublic transitioning from military
Title of Leader: President
Natural Resources: natural gas, petroleum, tin, columbite, iron ore, coal, limestone, lead, zinc, arable land
Environmental Issues: soil degradation; rapid deforestation; desertification
Agricultural Products: cocoa, peanuts, palm oil, corn, rice, sorghum, millet, cassava (tapioca), yams, rubber; cattle, sheep, goats, pigs; timber; fish
Imports: machinery, chemicals, transport equipment, manufactured goods, food and live animals
Exports: petroleum and petroleum products 95%, cocoa, rubber
Trading Partners: IMPORTS: UK 11%, Germany 10%, US 9%, France 8%, China 6% (1999)
EXPORTS: US 36%, India 9%, Spain 8%, Brazil 6%, France 6%, (1999)


Nigeria Headlines

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