Information on Nigeria
BASIC INFORMATION
| NAME | NIGERIA |
| GOVERNANCE | DEMOCRACY (PRESIDENTIAL SYSTEM) |
| CAPITAL CITY | ABUJA |
| POPULATION | 170MILLION |
| OFFICIAL LANGUAGE (S) | ENGLISH |
| HUMAN DEVELOPMENT INDEX | 0.527 |
| TIME ZONE | WAT (UTC+1) (GMT+1)
|
| MAIN PORT | APAPA SEA PORT |
| INCOME GROUP | LOW INCOME |
| UNEMPLOYMENT RATE | 18.80% |
| YOUTH UNEMPLOYMENT RATE (%) | 33.10 |
NATIONAL MINISTRY RESPONSIBLE FOR TRADE
| NAME OF MINISTRY | FEDERAL MINISTRY OF INDUSTRY TRADE AND INVESTMENT |
| ADDRESS | OLD FEDERAL SECRETARIAT AREA 1 GARKI |
| PMB 88, ABUJA | |
| CONTACT (TEL, FAX, E-MAIL) | +23492341884 FAX: +23492341541 |
| WEBSITE | WWW.FMTI.GOV.NG INFO@FMTI.GOV.NG |
NATIONAL TRADE PROFILE
| UNIT CURRENCY | NAIRA |
| EASE OF DOING BUSINESS RANKING (WITH LINK) | 145 |
| MAIN IMPORT COMMODITY (%) | MINERAL FUELS(29); MACHINERY (17) |
| MAIN EXPORT COMMODITY (%) | MINERAL FUELS, OILS (96) |
| MAIN EXPORT PARTNERS (%) | EUROPE (35) ; ASIA (28) |
| MAIN IMPORT PARTNERS (%) | EUROPE(47); ASIA(36) |
| SHARE OF INTRA REGIONAL TRADE AVG (%) | 21.1 |
| SHARE OF GLOBAL TRADE (%) | |
| GDP GROWTH (ANNUAL %) | 4.29 |
| GDP PER CAPITA | 5438.90 |
| LENDING RATE | 17.88% |
| SYSTEM OF TRADE | |
| CORPORATE TAX RATE (%) | 30% |
| LENDING CATEGORY | |
| INCOME TAX RATE (%) | 24% |
| INFLATION (%) | 15.13 |
| BALANCE OF TRADE | NGN 761BN |
| CURRENT ACCOUNT | 2292.79 MILLION $ |
| INTEREST RATE (%) | 14% |
NATIONAL TRADE AND RELATED LINKS
| NATIONAL TRADE WEBSITE | |
| CUSTOMS | |
| STATISTICS | |
| CENTRAL BANK | |
| IMMIGRATION |