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Nigeria Country Profile /
 
Nigeria Country Profile
Nigeria Country Profile

 

 

Flag of Nigeria

Nigeria is located in West Africa.

It´s bordered by the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in the north. Its coast lies on the Gulf of Guinea, a part of the Atlantic Ocean, in the south.

The Federal Republic of Nigeria in figures and facts :
Population : 130 millions.
Capital : Abuja
Area : 923.769 km2
Political regime : democraty since 1999
President : Olusegun Obasanjo (elected in 1999 and re-elected in 2003)
Main Ethnic Groups: Yoruba (South West, Igbo (South East) & Haussa Fulani (North).
Religions : Christians, Muslims & animists.
Languages: English, French, Yoruba, Haussa, Igbo
Main Market Places (Consumer goods) : Lagos (Apongbon for Textile; Oke-Arin for food products; Idumota for auto spare parts; Alaba International for electronics, household equipment and furnitures), Onitsha, Kano & Maiduguri.



Economics
Currency: Naira
Market Exchange Rate (October 2006): US$ 1 = 150 Naira
Gross Domestic Product (2004): $53.2 billion
Real GDP Growth Rate (2004): 4.4%
Inflation Rate (2004): 16.9%
Current Account Balance (2004): $ 3.5 billion
Major Trading Partners: United States, France, India, United Kingdom, Spain, Germany, Brazil, China
Merchandise Trade Balance (2003): $2.4 billion
Merchandise Exports (2003): $18.0 billion
Merchandise Imports (2003): $15.6 billion
Major Export Products: Crude oil, natural gas, cocoa, rubber, timber
Major Import Products: Petroleum products, food, machinery and equipment, manufactured goods
Oil Export Revenues (2003): $20.9 billion (2004): $27.0 billion
Oil Export Revenues/Total Export Revenues (2003): 96%
Total External Debt (2003): $30.2 billion



Energy
Proven Oil Reserves (2004): 35.2 billion barrels
Oil Production (2004): 2.4 million bpd
OPEC Crude Production Quota (August, 2004): 2.142 million bbl/d
Oil Consumption (2003): 313,000 bpd
Net Oil Exports (2003): 1.9 million bpd
Crude Refining Capacity: 438,750 bopd
Major Crude Oil Customers (2004): United States, Brazil Spain, Indonesia, India
Natural Gas Reserves (2004): 187 Tcf
Natural Gas Production (2002): 501 Bcf
Natural Gas Consumption (2002): 225 Bcf
Net Natural Gas Exports (2002): 276 Bcf
Recoverable Coal Reserves: 209 million short tons (Mmst)
Coal Production (2002): 0.07 Mmst
Coal Consumption (2002): 0.07 Mmst
Electric Generation Capacity (2002): 5.9 Gigawatts
Electricity Generation (2002): 19.9 bn Kw/Hour



Government Officials
President: Mr. Olusegun OBASANJO
Vice President: Alh. Atiku ABUBAKAR
Minister of Finance : Dr. (Mrs) Ngozi OKONJO-IWEALA
Minister of State for Finance: Mrs. Nenadi USMAN
Minister of Power and Steel: Senator Neil IMOKE
Minister of Solid Minerals: Mr. Mangu Odion UGHESA
Minister of Information & National Orientation : Mr. Chukwuemeka CHIKELU
Permanent secretary, Ministry of Labour and Productivity: Timiebi KORIPAMO-AGARY
Presidential Advisor on Petroleum and Energy: Edmund DAUKORU
Special Assistant to the President on Petroleum Matters: Alh. Ja´afaru ALI PAKI
Chief of Naval Staff: Vice Admiral Samuel AFOLAYAN
Secretary to the Federal Government: Mr. Ufot EKAETTE
Senate President: Chief Adolphus WABARA
Chairman, Senate Committee on Petroleum Matters: Senator Abiola AJIMOBI
Chairman, Senate Committee on Petroleum Resources (Upstream): Senator Lee MAEBA
Executive Chairman, Economic & Financial Crimes Commission: Mallam Nuhu RIBADU
Chairman, House of Representatives´ Committee on Gas: Mrs Mercy ALMONA ISEI



Oil & Gas Agencies
Director, Department of Petroleum Resources (DPR): Dr. Macauley OFURHIE
Deputy Director (Inspection), Department of Petroleum Resources (DPR): Mr. Kayode OLOKETUYI
Chief Geologist, Department of Petroleum Resources (DPR) in Lagos: Mr. A.O. LUFADEJU
Group Managing Director, Nigerian National Petroleum Corporation (NNPC): Engr. Funsho KUPOLOKUN
Acting group managing director, Nigerian National Petroleum Corporation (NNPC): Alhaji Abubakar YAR’ADUA
Group General Manager, National Petroleum Investment Management Services (NAPIMS): Engr. Philip CHUKWU
Manager, Logistics & Material Procurement, National Petroleum Investment Management Services (NAPIMS): Mr. Ibrahim SULE JATAU
Chairman , Niger Delta Development Commission (NDDC): Chief Onyema Ugochukwu
National Oil Spill Detection and Response Agency (NOSDRA)
Director-General, Energy Commission of Nigeria (ECN): Professor UMAR, I.H.
Petroleum Products Pricing Agency (PPPRA)
Petroleum Equalization Fund



States Officials
Bayelsa State Governor: Deprieye ALAMIESEIGHA
Bayelsa State Deputy Governor: Dr. Goodluck JONATHAN
Delta State Governor: James IBORI
Ondo State Governor: Olusegun AGAGU
Osun State Governor : Olagunsoye OYINLOLA
Sokoto State Governor : Attahiru Dalhatu BAFARAWAU



Associations & Unions
Independent Petroleum Marketers Association of Nigeria (IPMAN)
Chairman, IPMAN Warri Depot: Mr. Clement OBAYENDO
Chairman, IPMAN Enugu branch: Mr. Chidi NNUBIA
National Association of Petroleum Explorationnists (NAPE)
Nigerian Mining and Geosciences Society (NMGS)
Chairman, The Society of Petroleum Engineers (SPE) Nigeria Council: Mr. Alex MUSA
Chairman, Petroleum Technology Association of Nigeria (PETAN): Mr. Pedro Egbe (CEO of Weltek Engineering Company)
President, National Union of Petroleum and Natural Gas Workers (NUPENG): Mr. Peter AKPATASON
Petroleum and Natural Gas senior Staff Association of Nigeria (PENGASSAN)
President: Mr. Louis Brown OGBEIFUN
Lagos Chamber of Commerce and Industry (LCCI)
Chairman, LPG Group of LCCI: Mr. Taiwo FAGBEMI
National Chairman, Peoples Democratic Party (PDP): Chief Audu OGBEH
President of Ijaw National Congress: Prof. Kimse OKOKO
Chairman, Organisation of Bitumen Producing Areas: Chief Kayode IWAKUN



Main Economical Sectors:
Oil & Gas
Telecom (more than 10 millions GSM customers - 4 operators).
Construction, Civil Engineering, Dredging.
Power Generation (Public operator NEPA, private operators IPP & EPP)
Banking & Financial Services.
Aviation Sector (4 international airports & more than 30 domestic airports).
Flour Mills (1,4 million metric tons of flour per year).
Minerals (iron ore, bitumen, etc.)
Manufacturing Sector (Automobile Assembly, Bottling, Breweries, Detergents, Agro-allied).
Agriculture (cocoa, rubber, gum arabic, breeding, aquaculture, skin tanning, fishing).



Oil and Gas Publications and Surveys about Nigeria:
      -  Nigeria Oil and Gas Industry Directory - Soft Edition
      -  Nigeria Oil and Gas Industry Directory - Printed Edition
      -  West Africa Rig Locator - Soft Edition



Main Cities :
Abuja - Population: 2 millions.
Benin City
Calabar
Enugu
Kaduna - Population : ~2 millions.
Kano - Population : 3~4 millions.
Ibadan - Population : 3~4 millions d´habitants.
Lagos (Port, Apapa & Tin Can Island) - Population : 12 millions.
Makurdi
Maiduguri
Nnewi
Onitsha
Oshogbo
Owerri
Port Harcourt (Port, Onne & NPA) - Population ~ 2 millions.
Sapele (Port)
Warri (Port)



Nigeria is a federation of 36 States and one Territory :
Abia State
Abuja Federal Capital Territory
Adamawa State
Akwa Ibom State
Anambra State
Bauchi State
Bayelsa State
Benue State
Borno State
Cross River State
Delta State
Ebonyi State
Edo State
Ekiti State
Enugu State
Gombe State
Imo State
Jigawa State
Kaduna State
Kano State
Katsina State
Kebbi State
Kogi State
Kwara State
Lagos State
Nassarawa State
Niger State
Ogun State
Ondo State
Osun State
Oyo State
Plateau State
Rivers State
Sokoto State
Taraba State
Yobe State
Zamfara State


 

Purchase Online

The Directory of the Nigerian Oil & Gas Industry - Nigeria Oil & Gas Concessions Map & Licences

Angola Oil and Gas Industry Directory - Soft Edition

Other Oil and Gas Industry Directories:
Algeria - Benin/Togo - Cameroon - Congo - Cote d Ivoire/Ivory Coast - Egypt - Equatorial Guinea/Sao Tome and Principe - Gabon - Ghana - Libya - Mauritania - Morocco - South Africa - Tunisia

Rig Locators:
Nigeria - West Africa - North Africa - Southern Africa




 

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