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Our choice of a reform framework dictated that we looked at the fundamental assumptions that had driven Nigeria's economy, society and policy hitherto and to seek ways of either abandoning or transcending those assumptions and their supporting institutions.

Ibrahim Babangida


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Overview: Nigeria

The current Nigerian political system is heavily influenced by ethnic, religious and class differences. Allegiance is more to interest groups than the party itself, undermining true democratic practice in the country. Divisive issues such as zoning of political appointments in the parties are a distinctive feature of the system. At both the federal and state levels, the dominance of the ruling party is very strong. Despite regular elections, the system is still carefully controlled and manipulated by the ruling class. Moreover, political parties are still deficient in internal democracy. Governance assessment by the Mo Ibrahim Foundation ranked Nigeria 43 out of 52 countries in 2011.


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Profile: Nigeria

- Timeline

- Political structure

- Population,

- Education  

- Health

- Welfare

- Main cities

- Languages spoken

- Media

- Economy

- Agriculture

- Industry and manufacturing

- Tourism

- Mining,

- Hydrocarbons

- Energy

- Financial markets

- Banking and insurance

- Time

- Geography

- Climate

- Dress codes

- Entry requirements

- Health (for visitors)

- Hotels

- Credit cards

- Public holidays

- Working hours

- Telecommunications

- Electricity

- Social customs and useful tips

- Security

- Getting there

- Getting about

To purchase your copy of the World of Information Profile and Overview of Nigeria: CLICK HERE

Key Facts

Key Facts:

Key Facts
Official name: Federal Republic of Nigeria
Head of State: Muhammadu Buhari (APC) (sworn in 29 May 2015)
Head of government: Muhammadu Buhari (APC) (sworn in 29 May 2015)
Ruling party: All Progressives Congress (APC) (elected Mar 2015)
Area: 923,768 square km
Population: 173.94 million (2014)*
Capital: Abuja – federal capital since 1991; Lagos – commercial capital.
Official language: English
Currency: Naira (N) = 100 kobo
Exchange rate: N199.05 per US$ (Sep 2015)
GDP per capita: US$3,298 (2014)*
GDP real growth: 6.31% (2014)
GDP: US$573.65 billion (2014)
Inflation: 8.06% (2014)
Oil production: 2.36 million bpd (2014)
Natural gas production: 38.60 billion cum (2014)
Balance of trade: US$42.32 billion (2012)*
Annual FDI: US$8.84 billion (2011)

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