Country name conventional long form: Federal Republic of Nigeria conventional short form: Nigeria Background Following nearly 16 years of military rule, a new constitution was adopted in 1999, and a peaceful transition to civilian government was completed. The 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. Despite some irregularities the April 2003 elections marked the first civilian transfer of power in Nigeria"s history.Location Western Africa, bordering the Gulf of Guinea, between Benin and Cameroon Area total: 923,768 sq km water: 13,000 sq km land: 910,768 sq km Area - comparative slightly more than twice the size of California Coastline 853 km Climate varies; equatorial in south, tropical in center, arid in north Terrain southern lowlands merge into central hills and plateaus; mountains in southeast, plains in north Elevation extremes lowest point: Atlantic Ocean 0 m highest point: Chappal Waddi 2,419 m Natural hazards periodic droughts; flooding Environment - current issues 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 urbanization Geography - note the Niger enters the country in the northwest and flows southward through tropical rain forests and swamps to its delta in the Gulf of Guinea Population 133,881,703 note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2003 est.) Age structure 0-14 years: 43.6% (male 29,322,774; female 28,990,702) 15-64 years: 53.6% (male 36,513,700; female 35,254,333) 65 years and over: 2.8% (male 1,890,043; female 1,910,151) (2003 est.) Median age total: 18 years male: 18.1 years female: 17.9 years (2002) Sex ratio at birth: 1.03 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 1.04 male(s)/female 65 years and over: 0.99 male(s)/female total population: 1.02 male(s)/female (2003 est.) Nationality noun: Nigerian(s) adjective: Nigerian Ethnic groups Nigeria, which is Africa"s most populous country, is composed of more than 250 ethnic groups; the following are the most populous and politically influential: Hausa and Fulani 29%, Yoruba 21%, Igbo (Ibo) 18%, Ijaw 10%, Kanuri 4%, Ibibio 3.5%, Tiv 2.5% Religions Muslim 50%, Christian 40%, indigenous beliefs 10% Languages English (official), Hausa, Yoruba, Igbo (Ibo), Fulani Internet country code .ng Literacy definition: age 15 and over can read and write total population: 68% male: 75.7% female: 60.6% (2003 est.) Government type republic transitioning from military to civilian rule National holiday Independence Day (National Day), 1 October (1960) Legal system based on English common law, Islamic Shariah law (only in some northern states), and traditional law International organization participation ACP, AfDB, C, ECA, ECOWAS, FAO, G-15, G-19, G-24, G-77, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, MINURSO, MONUC, NAM, OAU, OIC, OPCW, OPEC, PCA, UN, UNAMSIL, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNITAR, UNMEE, UNMIBH, UNMIK, UNMOP, UNMOT, UNMOVIC, UNU, UPU, WCO, WFTU, WHO, WIPO, WMO, WToO, WTrO Economy - overview The oil-rich Nigerian economy, long hobbled by political instability, corruption, and poor macroeconomic management, is undergoing substantial reform under the new civilian administration. Nigeria"s former military rulers failed to diversify the economy away from overdependence on the capital-intensive oil sector, which provides 20% of GDP, 95% of foreign exchange earnings, and about 65% of budgetary revenues. The largely subsistence agricultural sector has failed to keep up with rapid population growth, and Nigeria, once a large net exporter of food, now must import food. 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. The agreement was allowed to expire by the IMF in November 2001, however, and Nigeria apparently received much less multilateral assistance than expected in 2002. Nonetheless, increases in foreign oil investment and oil production kept growth at 3% in 2002. The government lacks the strength to implement the market-oriented reforms urged by the IMF, such as modernization of the banking system; to curb inflation by blocking excessive wage demands; and to resolve regional disputes over the distribution of earnings from the oil industry. When the uncertainties in the global economy are added in, estimates of Nigeria"s prospects for 2003 must have a wide margin of error. Exports - partners US 32.3%, Brazil 8.3%, Spain 7.2%, Indonesia 5.9%, France 5.6%, India 4.6% (2002) Currency naira (NGN) Currency code NGN Exchange rates nairas per US dollar - NA (2002), 111.23 (2001), 101.7 (2000), 92.34 (1999), 21.89 (1998) Airports 70 (2002) Airports - with paved runways total: 36 over 3,047 m: 7 2,438 to 3,047 m: 10 914 to 1,523 m: 6 under 914 m: 3 (2002) 1,524 to 2,437 m: 10 Airports - with unpaved runways total: 34 1,524 to 2,437 m: 3 914 to 1,523 m: 13 under 914 m: 18 (2002) Disputes - international ICJ ruled in 2002 on the Cameroon-Nigeria land and maritime boundary by awarding the potentially petroleum-rich Bakassi Peninsula and offshore region to Cameroon; Nigeria rejected the cession of the peninsula but the parties formed a Joint Border Commission to peaceably resolve the dispute and commence with demarcation in other less-contested sections of the boundary; several villages along the Okpara River are in dispute with Benin; Lake Chad Commission continues to urge signatories Cameroon, Chad, Niger, and Nigeria to ratify delimitation treaty over lake region, which remains the site of armed clashes among local populations and militias; Nigeria agreed to ratify the treaty and relinquish sovereignty of disputed lands to Cameroon by December 2003 |