Nigeria

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About Nigeria

Nigeria is a federal republic in a West African region and is one of the most prosperous as well as the most populous countries in the region.

As an economy Nigeria ranks in the top 20 largest economies of the world. It is a mixed economy emerging market. The country has large reserves natural resources especially petroleum segments. However, the country is also well known for a well-developed and advanced financial, legal, communications, and transportation segments.

The country also has 30% of employment in the Agriculture segment. Major crops also include beans, sesame, cashew nuts, cassava, cocoa beans, groundnuts, gum Arabic, kolanut, maize (corn), melon, millet, palm kernels, palm oil, plantains, rice, rubber, etc.,

Country Facts

 

Basic Details
RegionAfrica
Capital CityAbuja
Government TypeFederal presidential constitutional republic
Official LanguagesEnglish, Hausa, Igbo, Yoruba
CurrencyNigerian naira, NGN
Phone Code +234
Important CitiesLagos, Kano, Ibadan, Kaduna, Port Harcourt, Benin City, Maiduguri, Zaria, Aba
National DayIndependence Day (1st Oct)
Economy
Ease of Doing Business Ranking131 (Medium)
Primary Industriescement, oil refining, construction and construction materials, food processing and food products, beverages and tobacco, textiles, apparel and footwear, pharmaceutical products, wood products, pulp paper products, chemicals, ceramic products, plastic and rubber products, electrical and electronic products, base metals: iron and steel, information technology, automobile manufacturing
Major Exportspetroleum and petroleum products, chemicals, vehicles, aircraft parts, vessels, vegetable products, processed food, beverages, spirits and vinegar, cashew nuts, processed leather, cocoa, tobacco, aluminum alloys.
Major Exports to IndiaFootwear, Textiles and Clothing, Transportation, Food Products, Animal, Chemicals, Stone and Glass, Plastic or Rubber, Minerals, Wood
Major Importsindustry supplies, machinery, appliances, vehicles, aircraft parts, chemicals, base metals, Refined Petroleum, wheat, raw sugar, rice, palm oil.
Major Imports from IndiaChemicals, Machinery and Electricals, Transportation, Textiles and Clothing, Metals, Plastic or Rubber, Wood, Fuels, Food Products, Raw materials
Foreign Relations
Trade Agreements with IndiaGlobal System of Trade and Preferences (GSTP), Partial Scope Agreement (PSA) Joint Trade Committee (JTC), Bilateral Trade, Economic & Investment Relations
Bordering NationsNiger, Chad, Cameroon, Benin
Member ofAfrican Union(AU), Community of Sahel–Saharan States(CEN-SAD), Commonwealth of Nations(CommonWealth), Economic Community of West African States(ECOWAS), Group of 15(G15), Group of 24(G24), Group of 77(G77), Islamic Military Counter Terrorism Coalition(IMCTC), Organisation of African Unity(OAU), Organisation of Islamic Co-operation(OIC), Organization of the Petroleum Exporting Countries(OPEC), United Nations(UN), World Trade Organization(WTO), South Atlantic Peace and Cooperation Zone(ZPCAS)
Indian Embassy DetailsH.E. Abhay Thakur
Honourable High Commissioner
High Commission of India
Plot 364, Cadastral Zone, Off Constitution Avenue, Central Business District, Abuja, Nigeria
Email: hoc.abuja@mea.gov.in
Phone: 00-234-7080622800-04
Embassy Details in IndiaH.E. Mr. Chris Sunday Eze
Honorable High Commissioner
Nigerian High Commission
EP.4 Chandragupta Marg, Chanakyapuri, New Delhi-110021.
Email: nhcnder@vsnl.com office@nigeriahcindia.com
Phone: +91 11 24122142/44