nigeria
DESCRIPTION
Nigeria; country fact, Export information, housing and economy.TRANSCRIPT
NigeriaArea: 923,768 sq km (2.5x Japan
area)
Population : 148 million (2008)
Capital City: Abuja (6 million)
Population growth rate:
2.2% (2007)
Ethnic groups 250 (Hausa-Fulani, Igbo, Yoruba, and Kanur)
Religions:Muslim, Christian, indigenous African.
Languages: English (official), Hausa, Igbo, Yoruba, Fulani, Kanuri, others.
VoltageDomestic: 230V AC 50Hz, Industrial: 400V AC 50Hz.
http://www.state.gov/r/pa/ei/bgn/2836.htm1
Economy DataGDP:
US$166 billion (agriculture 33%; industry 39%; services 28%) (2007)
Real GDP growth rate 5.9%. Oil growth: -5.6%. Non-oil growth: 9.6%. (2007)
Per capita GDP US$1,149 (2007)
Inflation 8.5% (2008)
Natural resourcesOil and natural gas (37% of 2006 GDP), tin, columbite, iron ore, coal, limestone, lead, zinc.
Agriculture: Products--cocoa, palm oil, yams, cassava, sorghum, millet, corn, rice, livestock, groundnuts, cotton.
Industry: Car assembly, textiles, cement, food products, footwear, metal products, lumber, beer, detergents.
Foreign direct investment (FDI)
6.2% of GDP (2007):
Official development assistance (ODA)
$11.434 billion (2006)
Currency: Naira (148 Naira = U.S. $1 as of March 26, 2009). 2
Source of Energy
Kerose
ne
Gas
Main
elec
tricit
y
Electri
c gen
erator
Battery
Candle
Firewoo
d
Others
0
10
20
30
40
50
60
70
Poor Middle Class Upper Middle Class
Even Nigeria has abundance of gas majority use Kerosene.Energy is an area of Investment
%
3
Division of Population for presentation : 148,000,00040.0% 40.0% 15.0% 5.0%
59.2 mln 59.2 mln 22.2 mln 7.4 mlnPoor Middle Class Upper Middle Class Rich
Housing in Nigeria
Single Room Apartment or Flat Duplex Whole Building Others0
10
20
30
40
50
60
70
80
Poor Middle Class Upper Middle Class
%
Majority of the population reside in single room. Even though there are government project to provide housing. This is not enough.
http://www.nigerianstat.gov.ng/nlss/2006/index.html4
Type of Housing in NigeriaDuplex in Nigeria
Apartment or Flat
5
Materials Use for House Wall Construction in Nigeria
Mud
Stone
Burnt
brick
s
Cemen
t of c
oncre
te
Woo
d or b
ambo
o
Iron s
heets
Cardbo
ard
Other
010203040506070
Poor Middle Class Upper Middle Class
%
http://www.nigerianstat.gov.ng/nlss/2006/index.html
Division of Population for presentation : 148,000,00040.0% 40.0% 15.0% 5.0%Poor Middle Class Upper Middle Class Rich
Materials Used for Floor of Housing in Nigeria
Earth or mud Wood or tile Plank Concrete Dirt or straw Other0
10
20
30
40
50
60
70
80
Poort Middle Class Upper Middle Class
%
7
NIGERIA EXPORT DATA
United
States 47%
Eu-ro-pean Union 27%
India 12%
Brazil 8%
Japan 5%
PARTNER COUNTRIES
Product Percentage
Fuels and mining products
97.0%
Agricultural products (cocoa, rubber, oil, nuts)
2.2%
Manufactures 0.8%
US$65.5 Billion=63兆円 (chou en)
Source: http://www.state.gov/r/pa/ei/bgn/2836.htm 8
NIGERIA IMPORT DATA
Product Percentage
Machinery; chemicals; transport equipment; manufactured goods
72.3%
Agricultural products 23.7%Fuels and mining products 4.0%
Euro-pean Union44%
United States 20%
China9%
Korea4%
U.A.E. 3%
Others 20%
PARTNERS COUNTRIES
US$29.5 Billion=28兆円 (chou en)
Source: http://www.state.gov/r/pa/ei/bgn/2836.htm 9
Bicycles Cutlasses Vegetable oil
Foot wears Pick Axes Barite
Imported meat Spades Tantatile
Textile materials Shovels Knives
Men’s footwear Wheel barrows Buckets
Ties Pork products Cups
Soaps Beefs Bins
Detergents Goal meat Hangers
Furniture Tooth paste Containers
Flowers Pencil Ball-point pens
Fresh fruits Domestic plastic wears
THE BANNED IMPORTED ITEMS
Nigeria Import TaxAmount Condition Description
1~50% FOB value of commodity Custom duty, depends on the product. Eg. Automobile 5%, manufacturing raw material 1%
1% FOB value of commodity Administrative charge
7% Custom duty on commodity Development Surcharge
0.5% Custom duty on commodity Non ECOWAS product
0.02% Custom duty on commodity Stabilization surcharges
5% CIF value of commodity VAT
… + 6% +… Total tax
11
Top Ten Players in Nigeria Import for 2006Value
US$10,000 Description
I 98,429Refrigerator, freezer
II 99,758Dish washing machines; machinery for aerating bottles
III 104,295Pumps for liquids; liquid elevators
IV 109,737Parts & accessories of computers & office machines
V 112,081Self-propelled bulldozer, angle dozer, grader, excavator
VI 116,230Printing machinery; machines for uses ancillary to printing
VII 122,317Machines & mech. applications having individual functions
VIII 157,025Air, vacuum pumps; hoods incorporated in a fan
VIII 262,032Automatic data processing machines; optical reader
IX 349,882Machinery part
X 584,407Turbo-jets, turbo-propellers and other gas turbines
I II III IV V VI VII VIII VIII IX X
0
0.5
1
1.5
2
2.5
3
Import Percentage [%]
%Legend
12
Nigeria Salary
1981 1992 2000 20070
5000
10000
15000
20000
25000
30000
35000
Federal Minimum wage (N) Minimum wage of the Middle class (N)
Year
1981 1992 2000 20070
200
400
600
800
1000
1200
Federal Minimum wage US$Minimum wage of the Middle class US$
Year
http://www.nigerianstat.gov.ng/nlss/2006/index.html13
EXPORT PRODUCTS FROM NIGERIA
Agriculture products;
Cocoa Beans, Cotton, Dried
& Split Ginger.
Crude oil
14
International/China Cotton Market
Top ten cotton producers — 2007(480-pound bales)
People`s republic of China
25.3million bales
India 20.5million bales
United States 19.2 million bales
Pakistan 11.7million bales
Brazil 7.2 million bales
Uzbekistan 5.5 million bales
Turkey 3.2 million bales
Greece 1.4 million bales
Turkmenistan 1.3 million bales
Syria 1.2 million bales
China’s textile trade in cotton mill use equivalents, 2006
Exports Imports Net exports
Million balesYarn 3 4 -2Fabric 11 3 8Clothing, etc. 27 1 26
Total 41 8 32
15
www.ers.usda.gov/publications/CWS/2007/11Nov/CWS07I01/cws07I01.pdf
http://en.wikipedia.org
Cotton Import to Japan
North AmericaSouth America
Asia, Oceania & EuropeAfrica
0
100,000
200,000
300,000
400,000
500,000
600,000
2002 2003 2004 2005 2006 2007
Qua
ntity
48
0-Po
unds
Bal
es
Source: http://jcta.co.jp/95_01.html
4.5% - Africa partTotal import decreasing in JapanManufacturing shifted to China 16
Japan Cotton Import
CountryYear (Import in In 480-Pound Bales)
2002 2003 2004 2005 2006 2007 2008Benin 821 1,098 - - - - -
Burkina Faso 92 - - - 503 826 184Cameroon 3,995 4,676 4,983 2,658 1,018 387 734
Chad - - 45 - - - -Cote D'Ivoire 462 - 275 - - - -
Egypt 18,991 17,853 19,296 18,780 10,970 9,896 6,273Sudan 2,318 2,306 2,523 3,454 1,826 1,394 1,810
Zimbabwe 18,620 10,863 10,225 14,407 2,574 7,958 9,434Others 305 2,677 3,072 1,764 467 2,118 9,816
Total 45,604 39,473 40,419 41,063 17,358 22,579 28,251
http://jcta.co.jp/95_01.html17
Cotton Ginning Process
18Diagram of a modern gin plant - courtesy USDA
Cotton Process for export
19
After ginning Final package for export