Oil - production:
2.356 million bbl/day (2004 est.)

Oil - consumption:
275,000 bbl/day (2001 est.)

Oil - exports:
NA

Oil - imports:
NA

Oil - proved reserves:
34 billion bbl (2004 est.)

Natural gas - production:
15.68 billion cu m (2001 est.)

Natural gas - consumption:
7.85 billion cu m (2001 est.)

Natural gas - exports:
7.83 billion cu m (2001 est.)

Natural gas - imports:
0 cu m (2001 est.)

Natural gas - proved reserves:
4.007 trillion cu m (2004)

Current account balance:
$5.228 billion (2004 est.)

Exports:
$33.99 billion f.o.b. (2004 est.)

Exports - commodities:
petroleum and petroleum products 95%, cocoa, rubber

Exports - partners:
US 47.5%, Brazil 10.7%, Spain 7.1% (2004)

Imports:
$17.14 billion f.o.b. (2004 est.)

Imports - commodities:
machinery, chemicals, transport equipment, manufactured goods, food
and live animals

Imports - partners:
China 9.4%, US 8.4%, UK 7.8%, Netherlands 5.9%, France 5.4%,
Germany 4.9%, Italy 4% (2004)

Reserves of foreign exchange and gold:
$14.71 billion (2004 est.)

Debt - external:
$30.55 billion (2004 est.)

Economic aid - recipient:
IMF $250 million (1998)

Currency (code):
naira (NGN)

Currency code:
NGN

Exchange rates:
nairas per US dollar - 132.89 (2004), 129.22 (2003), 120.58 (2002),
111.23 (2001), 101.7 (2000)

Fiscal year:
calendar year

Communications Nigeria

Telephones - main lines in use:
853,100 (2003)

Telephones - mobile cellular:
3,149,500 (2003)

Telephone system:
general assessment: an inadequate system, further limited by poor
maintenance; major expansion is required and a start has been made
domestic: intercity traffic is carried by coaxial cable, microwave
radio relay, a domestic communications satellite system with 19
earth stations, and a coastal submarine cable; mobile cellular
facilities and the Internet are available
international: country code - 234; satellite earth stations - 3
Intelsat (2 Atlantic Ocean and 1 Indian Ocean); fiber optic
submarine cable (SAT-3/WASC) provides connectivity to Europe and Asia

Radio broadcast stations:
AM 83, FM 36, shortwave 11 (2001)

Radios:
23.5 million (1997)

Television broadcast stations:
3 (the government controls 2 of the broadcasting stations and 15
repeater stations) (2002)

Televisions:
6.9 million (1997)

Internet country code:
.ng

Intern