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Country Commercial Guides for FY 2000: Nigeria

Report prepared by U.S. Embassy Abuja, released July 1999
Note*

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CHAPTER X: APPENDICES

APPENDIX A - COUNTRY DATA

Population (1994 Figures): 110 million -- Population growth rate: 2.83 percent

Religions: Islam, Christianity, Animist

Government System: Based on a federal structure, Nigeria adopted a presidential system of government headed by a civilian President, with State Governors in 36 states.

Languages: English is Nigeria's official language, but over 250 distinct languages are spoken in the country.

Work week: Monday through Friday. (In Muslim areas and in the federal capital, many businesses close around noon on Fridays.) Many stores and businesses are open on Saturdays as well.

APPENDIX B - DOMESTIC ECONOMY

($ millions except where indicated)

                                    1998     1999     2000
                                    ----     ----     ----
GDP ($ billion)                     49.2     51.0*     N/A
Per Capita GDP  ($)                260.0      N/A*     N/A
Population (m)                     102.0    110.0*   113.0*
Inflation  (%)                      28       10       10
Unemployment (%)                    27       30*      30*
Foreign Exchange
-- Reserves ($ billion)              7.7      4.3       5*
-- Average Exch.Rate
-- Official (Naira/$)               22.0     90.0     100

-- Parallel Market (N/$)            85.0     90.0     100
Foreign Debt ($ billions)           28.7     N/A       N/A
Debt Service Ratio
-(as % of Export Revenue)           23.6     14.5      N/A
U.S. Economic Assistance            N/A      N/A       N/A

*Estimates

APPENDIX C - TRADE

                                          1998    1999   2000
                                          ----    ----   ----
Total Country Exports ($ billion)         10.1    n/a    n/a
Total Country Imports ($ billion)    	   5.0    n/a    n/a
Imports from U.S.                          0.8    0.6    n/a
Export to U.S.                             8.2    n/a    n/a
U.S. Share of Imports                     52%     52%    n/a 

*Estimates

APPENDIX D - INVESTMENT STATISTICS

Figures not available as at time of CCG preparation.

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Note* International Copyright, United States Government, 1998 (or other year of first publication). All rights under foreign copyright laws are reserved. All portions of this publication are protected against any type or form of reproduction, communications to the public and the preparation of adaptations, arrangement and alterations outside the United States. U. S. copyright is not asserted under the U.S. Copyright Law, Title17, United States Code.

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