About Nigeria
Quick Facts
- Population
- 174,507,539 (July 2013 est.)
- Area
- 923,768 sq km
- ISO Code
- NG
- Continent
- Africa
- Government
- federal republic
- Active Causes
- 12
Africa
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varies; equatorial in south, tropical in center, arid in north
southern lowlands merge into central hills and plateaus; mountains in southeast, plains in north
natural gas, petroleum, tin, iron ore, coal, limestone, niobium, lead, zinc, arable land
soil degradation; rapid deforestation; urban air and water pollution; desertification; oil pollution - water, air, and soil; has suffered serious damage from oil spills; loss of arable land; rapid urb...
English (official), Hausa, Yoruba, Igbo (Ibo), Fulani, over 500 additional indigenous languages
Muslim 50%, Christian 40%, indigenous beliefs 10%
5.1% of GDP (2010) of GDP
NA of GDP
Oil-rich Nigeria has been hobbled by political instability, corruption, inadequate infrastructure, and poor macroeconomic management, but in 2008 began pursuing economic reforms. Nigeria's former military rulers failed to diversify the economy away from its overdependence on the capital-intensive oil sector, which provides 95% of foreign exchange earnings and about 80% of budgetary revenues. Following the signing of an IMF stand-by agreement in August 2000, Nigeria received a debt-restructuring deal from the Paris Club and a $1 billion credit from the IMF, both contingent on economic reforms....
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