Nigeria

BASIC INFORMATION

NAME NIGERIA
GOVERNANCE DEMOCRACY (PRESIDENTIAL SYSTEM)
CAPITAL CITY ABUJA
POPULATION 170MILLION
OFFICIAL LANGUAGE (S) ENGLISH
HUMAN DEVELOPMENT INDEX 0.527
TIME ZONE WAT (UTC+1) (GMT+1)

 

MAIN PORT APAPA SEA PORT
INCOME GROUP LOW INCOME
UNEMPLOYMENT RATE 18.80%
YOUTH UNEMPLOYMENT RATE (%) 33.10

 

 

NATIONAL MINISTRY RESPONSIBLE FOR TRADE

NAME OF MINISTRY FEDERAL MINISTRY OF INDUSTRY TRADE AND INVESTMENT
ADDRESS OLD FEDERAL SECRETARIAT AREA 1 GARKI
PMB 88, ABUJA
CONTACT (TEL, FAX, E-MAIL) +23492341884 FAX: +23492341541
WEBSITE WWW.FMTI.GOV.NG INFO@FMTI.GOV.NG

 

 

NATIONAL TRADE PROFILE

UNIT CURRENCY NAIRA
EASE OF DOING BUSINESS RANKING (WITH LINK) 145
MAIN IMPORT COMMODITY (%) MINERAL FUELS(29); MACHINERY (17)
MAIN EXPORT COMMODITY (%) MINERAL FUELS, OILS (96)
MAIN EXPORT PARTNERS (%) EUROPE (35) ; ASIA (28)
MAIN IMPORT PARTNERS (%)  EUROPE(47); ASIA(36)
SHARE OF INTRA REGIONAL TRADE AVG (%) 21.1
SHARE OF GLOBAL TRADE (%)
GDP GROWTH (ANNUAL %) 4.29
GDP PER CAPITA 5438.90
LENDING RATE 17.88%
SYSTEM OF TRADE
CORPORATE TAX RATE (%) 30%
LENDING CATEGORY
INCOME TAX RATE (%) 24%
INFLATION (%) 15.13
BALANCE OF TRADE NGN 761BN
CURRENT ACCOUNT 2292.79 MILLION $
INTEREST RATE (%) 14%

 

 

NATIONAL TRADE AND RELATED LINKS

NATIONAL TRADE WEBSITE
CUSTOMS
STATISTICS
CENTRAL BANK
IMMIGRATION

 

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