erials
partners:
EC, US
External debt:
$32 billion (December 1991 est.)
Industrial production:
growth rate 7.2% (1990); accounts for 8.5% of GDP
Electricity:
4,740,000 kW capacity; 11,280 million kWh produced, 90 kWh per capita (1991)
Industries:
crude oil and mining - coal, tin, columbite; primary processing industries -
palm oil, peanut, cotton, rubber, wood, hides and skins; manufacturing
industries - textiles, cement, building materials, food products, footwear,
chemical, printing, ceramics, steel
Agriculture:
accounts for 32% of GDP and half of labor force; inefficient small-scale
farming dominates; once a large net exporter of food and now an importer;
cash crops - cocoa, peanuts, palm oil, rubber; food crops - corn, rice,
sorghum, millet, cassava, yams; livestock - cattle, sheep, goats, pigs;
fishing and forestry resources extensively exploited
Illicit drugs:
illicit heroin and some cocaine trafficking; marijuana cultivation for
domestic consumption and export; major transit country for heroin en route
from southeast and southwest Asia via Africa to Western Europe and the US;
growing transit route for cocaine from South America via West Africa to
Western Europe and the US

:Nigeria Economy

Economic aid:
US commitments, including Ex-Im (FY70-89), $705 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $3.0 billion;
Communist countries (1970-89), $2.2 billion
Currency:
naira (plural - naira); 1 naira (N) = 100 kobo
Exchange rates:
naira (N) per US$1 - 10.226 (February 1992), 9.909 (1991), 8.038 (1990),
7.3647 (1989), 4.5370 (1988), 4.0160 (1987)
Fiscal year:
calendar year

:Nigeria Communications

Railroads:
3,505 km 1.067-meter gauge
Highways:
107,990 km total 30,019 km paved (mostly bituminous-surface treatment);
25,411 km laterite, gravel, crushed stone, improved earth; 52,560 km
unimproved
Inland waterways:
8,575 km consisting of Niger and Benue Rivers and smaller rivers and creeks
Pipelines:
crude oil 2,042 km; natural gas 500 km; petroleum products 3,000 km
Ports:
Lagos, Port Harcourt, Calabar, Warri, Onne, Sapele
Merchant marine:
28 ships (1,000 GRT or over) totaling 418,046 GRT/664,949 DWT; includes 17
cargo, 1 refrigerated cargo, 1 roll-on/roll-off, 7 petroleum tanker, 1
chemical tanker, 1 bulk
Civil air:
57