AfDB, C, CCC, ECA, ECOWAS, FAO, G-19, G-24, G-77,
GATT, IAEA, IBRD, ICAO, ICC, IDA, IFAD, IFC, ILO, IMO, IMF, INMARSAT,
INTELSAT, INTERPOL, IOC, ISO, ITU, LORCS, NAM, OAU, OIC, OPEC,
PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIIMOG, UPU, WCL, WHO, WMO, WTO

_#_Diplomatic representation: Ambassador Hamzat AHMADU; Chancery at
2201 M Street NW, Washington DC 20037; telephone (202) 822-1500;
there are Nigerian Consulates General in Atlanta, New York and San
Francisco;

US--Ambassador Lannon WALKER; Embassy at 2 Eleke Crescent,
Victoria Island, Lagos (mailing address is P. O. Box 554, Lagos);
telephone [234] (1) 610097; there is a US Consulate General in Kaduna

_#_Flag: three equal vertical bands of green (hoist side), white, and
green

_*_Economy
_#_Overview: Although Nigeria is Africa's leading oil-producing
country, it remains poor with a $280 per capita GDP. In 1990, despite
rising oil prices and a sharp drop in inflation, performance remained
slack with continuing underutilization of industrial capacity and a
second year of relatively weak agricultural performance. Agricultural
production was up only 4.2% in 1990, still below the 1987 level.
Industrial output showed a 7.2% increase, but remained below the 1985
level. Government efforts to reduce Nigeria's dependence on oil exports
and to sustain noninflationary growth have fallen short due to inadequate
new investment funds. Living standards continue to deteriorate from the
higher level of the early 1980s oil boom.

_#_GDP: $27.2 billion, per capita $230; real growth rate 2.7%
(1990 est.)

_#_Inflation rate (consumer prices): 16% (1990)

_#_Unemployment rate: NA%

_#_Budget: revenues $8.0 billion; expenditures $8.0 billion, including
capital expenditures of $NA (1990 est.)

_#_Exports: $13.0 billion (f.o.b., 1990 est.);

commodities--oil 95%, cocoa, rubber;

partners--EC 51%, US 32%

_#_Imports: $9.5 billion (c.i.f., 1990 est.);

commodities--consumer goods, capital equipment, chemicals, raw
materials;

partners--EC, US

_#_External debt: $35 billion (December 1990 est.)

_#_Industrial production: growth rate 7.2% (1990 est.); accounts
for 23% of GDP, including petroleum

_#_Electricity: 4,737,000 kW capacity; 11,270 million kWh produced,
100 kWh per capita (1989)

_#_Industries: crude oil and mining--coal, tin, columbite;
primary processing industries--palm oil, peanut, cotton, rubber,
wood, hides and skins; manufactu