Nigeria is the United States' largest trading partner in sub-Saharan Africa, largely due to the high level of petroleum imports from Nigeria, which supply 8% of U.S. oil imports--nearly half of Nigeria's daily oil production. Nigeria is the fifth-largest exporter of oil to the United States. Two-way trade in 2008 was valued at more than $42 billion, an 18% increase over 2007 data. Led by machinery, wheat, and motor vehicles, U.S. goods exports to Nigeria in 2008 were worth more than $4 billion. In 2008, U.S. imports from Nigeria were over $38 billion, consisting predominantly of oil. However, rubber products, cocoa, gum arabic, cashews, coffee, and ginger constituted over $70 million of U.S. imports from Nigeria in 2007. The U.S. trade deficit with Nigeria was $21 billion in 2007. Nigeria is the 50th-largest export market for U.S. goods and the 14th-largest exporter of goods to the United States. The United States is Nigeria's largest trading partner after the United Kingdom. Although the trade balance overwhelmingly favors Nigeria, thanks to oil exports, a large portion of U.S. exports to Nigeria is believed to enter the country outside of the Nigerian Government's official statistics, due to importers seeking to avoid Nigeria's excessive tariffs.
The United States is the largest foreign investor in Nigeria. The stock of U.S. foreign direct investment (FDI) in Nigeria in 2006 was $339 million, down from $2 billion in 2004. U.S. FDI in Nigeria is concentrated largely in the petroleum/mining and wholesale trade sectors. Exxon-Mobil and Chevron are the two largest U.S. corporate players in offshore oil and gas production.
In March 2009, the United States and Nigeria met under the existing Trade and Investment Framework Agreement (TIFA) to advance the ongoing work program and to discuss improvements in Nigerian trade policies and market access. Among the topics discussed were cooperation in the World Trade Organization (WTO), market access, export diversification, intellectual property protection and enforcement, commercial issues, trade capacity building and technical assistance, infrastructure, and investment issues.
Saturday, January 2, 2010
Monday, December 21, 2009
U.S.-Nigerian Relations
Since the restoration of basic democracy in Nigeria in 1999, the bilateral relationship has continued to improve, and cooperation on many important foreign policy goals, such as regional peacekeeping, has been excellent.
The government has lent strong diplomatic support to U.S. Government counterterrorism efforts in the aftermath of the September 11, 2001 terrorist attacks. The Government of Nigeria, in its official statements, has both condemned the terrorist attacks and supported military action against the Taliban and Al Qaida. Nigeria also has played a leading role in forging an anti-terrorism consensus among states in Sub-Saharan Africa. An estimated one million Nigerians and Nigerian Americans live, study, and work in the United States, while over 25,000 Americans live and work in Nigeria. President Yar'Adua visited President George W. Bush at the White House on December 13, 2007. During her first official trip to Africa, Secretary of State Hillary Clinton visited Nigeria on August 12, 2009.
The government has lent strong diplomatic support to U.S. Government counterterrorism efforts in the aftermath of the September 11, 2001 terrorist attacks. The Government of Nigeria, in its official statements, has both condemned the terrorist attacks and supported military action against the Taliban and Al Qaida. Nigeria also has played a leading role in forging an anti-terrorism consensus among states in Sub-Saharan Africa. An estimated one million Nigerians and Nigerian Americans live, study, and work in the United States, while over 25,000 Americans live and work in Nigeria. President Yar'Adua visited President George W. Bush at the White House on December 13, 2007. During her first official trip to Africa, Secretary of State Hillary Clinton visited Nigeria on August 12, 2009.
Saturday, December 12, 2009
Federal Republic of Nigeria
PROFILE
| Dancers perform at an annual carnival in Abuja, Nigeria, November 24, 2006. [© AP Images] |
Geography
Area: 923.8 thousand sq. km. (356,700 sq. mi.) about the size of California, Nevada, and Arizona.
Cities: Capital--Abuja (pop. est. 1.6 million). Other cities-- Lagos (11.4 million), Kano (3.3 million), Ibadan (3.3 million), Benin City (1.2 million), Port Harcourt (1.2 million), Maiduguri (1.1 million), Zaria (1.0 million).
Terrain: Ranges from southern coastal swamps to tropical forests, open woodlands, grasslands, and semi-desert in the far north. The highest regions are the Jos Plateau 1,200-2,400 meters above sea level and the mountains along the border with Cameroon.
Climate: Annual rainfall ranges from 381 cm. along the coast to 64 cm. or less in the far north.
People
Nationality: Noun and adjective--Nigerian(s).
Population (2008): 148 million.
Population growth rate (2007): 2.2%.
Total fertility rate (avg. number of children per woman in 2006): 5.4.
Ethnic groups (250): Hausa-Fulani, Igbo, Yoruba, and Kanuri are the largest.
Religions: Muslim, Christian, indigenous African.
Languages: English (official), Hausa, Igbo, Yoruba, Fulani, Kanuri, others.
Education: Attendance (secondary)--male 32%, female 27%. Literacy--39%-51%.
Health: Life expectancy (2006)--47 years.
Government
Type: Federal republic.
Independence: October 1, 1960.
Constitution: The 1999 constitution (based largely on the 1979 constitution) was promulgated by decree on May 5, 1999 and came into force on May 29, 1999.
Subdivisions: 36 states plus Federal Capital Territory (Abuja); states divided into a total of 774 local government areas.
Budget (2009): $21.3 billion, of which recurrent expenditures constitute $11.1 billion, capital expenditures $7 billion, statutory transfers $1.1 billion, and debt service $2 billion. Critical sectors--security and the Niger Delta (20%); education (8%); transportation (7%); agriculture and water (5%); and energy (5%).
Indebtedness, including federal/state government debt, as percentage of GDP: 3%.
Saturday, December 5, 2009
Independence
Nigeria gained full independence in October 1960, as a federation of three regions (northern, western, and eastern) under a constitution that provided for a parliamentary form of government. Under the constitution, each of the three regions retained a substantial measure of self-government. The federal government was given exclusive powers in defense and security, foreign relations, and commercial and fiscal policies. In October 1963, Nigeria altered its relationship with the United Kingdom by proclaiming itself a federal republic and promulgating a new constitution. A fourth region (the midwest) was established that year.
On January 15, 1966, a small group of army officers, mostly southeastern Igbos, overthrew the government and assassinated the federal prime minister and the premiers of the northern and western regions. The federal military government that assumed power was unable to address ethnic tensions or produce a constitution acceptable to all sections of the country. Its efforts to abolish the federal structure greatly raised tensions and led to another coup in July. The coup-related massacre of thousands of Igbo in the north prompted hundreds of thousands of them to return to the southeast, where increasingly strong Igbo secessionist sentiment emerged.
In a move that gave greater autonomy to minority ethnic groups, the military divided the four regions into 12 states. The Igbo rejected attempts at constitutional revisions and insisted on full autonomy for the east. Finally, in May 1967, Lt. Col. Emeka Ojukwu, the military governor of the eastern region, who emerged as the leader of increasing Igbo secessionist sentiment, declared the independence of the eastern region as the "Republic of Biafra." The ensuing civil war was bitter and bloody, ending in the defeat of Biafra in 1970.
Following the civil war, reconciliation was rapid and effective, and the country turned to the task of economic development. Foreign exchange earnings and government revenues increased spectacularly with the oil price rises of 1973-74. On July 29, 1975, Gen. Murtala Muhammed and a group of fellow officers staged a bloodless coup, accusing Gen. Yakubu Gowon's military government of delaying the promised return to civilian rule and becoming corrupt and ineffective. General Muhammed replaced thousands of civil servants and announced a timetable for the resumption of civilian rule by October 1, 1979. Muhammed also announced the government's intention to create new states and to construct a new federal capital in the center of the country.
General Muhammed was assassinated on February 13, 1976, in an abortive coup. His chief of staff, Lt. Gen. Olusegun Obasanjo, became head of state. Obasanjo adhered meticulously to the schedule for return to civilian rule, moving to modernize and streamline the armed forces and seeking to use oil revenues to diversify and develop the country's economy. Seven new states were created in 1976, bringing the total to 19. The process of creating additional states continued until, in 1996, there were 36.
On January 15, 1966, a small group of army officers, mostly southeastern Igbos, overthrew the government and assassinated the federal prime minister and the premiers of the northern and western regions. The federal military government that assumed power was unable to address ethnic tensions or produce a constitution acceptable to all sections of the country. Its efforts to abolish the federal structure greatly raised tensions and led to another coup in July. The coup-related massacre of thousands of Igbo in the north prompted hundreds of thousands of them to return to the southeast, where increasingly strong Igbo secessionist sentiment emerged.
In a move that gave greater autonomy to minority ethnic groups, the military divided the four regions into 12 states. The Igbo rejected attempts at constitutional revisions and insisted on full autonomy for the east. Finally, in May 1967, Lt. Col. Emeka Ojukwu, the military governor of the eastern region, who emerged as the leader of increasing Igbo secessionist sentiment, declared the independence of the eastern region as the "Republic of Biafra." The ensuing civil war was bitter and bloody, ending in the defeat of Biafra in 1970.
Following the civil war, reconciliation was rapid and effective, and the country turned to the task of economic development. Foreign exchange earnings and government revenues increased spectacularly with the oil price rises of 1973-74. On July 29, 1975, Gen. Murtala Muhammed and a group of fellow officers staged a bloodless coup, accusing Gen. Yakubu Gowon's military government of delaying the promised return to civilian rule and becoming corrupt and ineffective. General Muhammed replaced thousands of civil servants and announced a timetable for the resumption of civilian rule by October 1, 1979. Muhammed also announced the government's intention to create new states and to construct a new federal capital in the center of the country.
General Muhammed was assassinated on February 13, 1976, in an abortive coup. His chief of staff, Lt. Gen. Olusegun Obasanjo, became head of state. Obasanjo adhered meticulously to the schedule for return to civilian rule, moving to modernize and streamline the armed forces and seeking to use oil revenues to diversify and develop the country's economy. Seven new states were created in 1976, bringing the total to 19. The process of creating additional states continued until, in 1996, there were 36.
Thursday, November 5, 2009
A British Sphere of Influence
Following the Napoleonic wars, the British expanded trade with the Nigerian interior. In 1885, British claims to a sphere of influence in that area received international recognition and, in the following year, the Royal Niger Company was chartered. In 1900, the company's territory came under the control of the British Government, which moved to consolidate its hold over the area of modern Nigeria. In 1914, the area was formally united as the "Colony and Protectorate of Nigeria."
The United Kingdom administered northern and southern Nigeria separately, as northern leaders retained their religion-based administrative structures under an “indirect rule” arrangement with colonial authorities. Western influence and education proceeded more rapidly in the south than in the north, with the social, cultural, and political consequences still evident today. Following World War II, Nigerian nationalism and demands for independence resulted in successive constitutions legislated by the British Government moving Nigeria toward representative self-government.
The United Kingdom administered northern and southern Nigeria separately, as northern leaders retained their religion-based administrative structures under an “indirect rule” arrangement with colonial authorities. Western influence and education proceeded more rapidly in the south than in the north, with the social, cultural, and political consequences still evident today. Following World War II, Nigerian nationalism and demands for independence resulted in successive constitutions legislated by the British Government moving Nigeria toward representative self-government.
Thursday, October 1, 2009
Nigeria History
HISTORY
In the northern cities of Kano and Katsina, recorded history dates back to about 1000 AD. In the centuries that followed, these Hausa kingdoms and the Bornu empire near Lake Chad prospered as important terminals of north-south trade between North African Berbers and forest people who exchanged slaves, ivory, and kola nuts for salt, glass beads, coral, cloth, weapons, brass rods, and cowrie shells used as currency.
In the southwest, the Yoruba kingdom of Oyo was founded about 1400, and at its height from the 17th to 19th centuries attained a high level of political organization and extended as far as modern Togo. In the south central part of present-day Nigeria, as early as the 15th and 16th centuries, the kingdom of Benin had developed an efficient army; an elaborate ceremonial court; and artisans whose works in ivory, wood, bronze, and brass are prized throughout the world today. In the 17th through 19th centuries, European traders established coastal ports for the increasing traffic in slaves destined for the Americas. Commodity trade, especially in palm oil and timber, replaced slave trade in the 19th century, particularly under anti-slavery actions by the British Navy. In the early 19th century the Fulani leader, Usman dan Fodio, promulgated Islam and brought most areas in the north under the loose administrative control of an empire centered in Sokoto.
In the northern cities of Kano and Katsina, recorded history dates back to about 1000 AD. In the centuries that followed, these Hausa kingdoms and the Bornu empire near Lake Chad prospered as important terminals of north-south trade between North African Berbers and forest people who exchanged slaves, ivory, and kola nuts for salt, glass beads, coral, cloth, weapons, brass rods, and cowrie shells used as currency.
In the southwest, the Yoruba kingdom of Oyo was founded about 1400, and at its height from the 17th to 19th centuries attained a high level of political organization and extended as far as modern Togo. In the south central part of present-day Nigeria, as early as the 15th and 16th centuries, the kingdom of Benin had developed an efficient army; an elaborate ceremonial court; and artisans whose works in ivory, wood, bronze, and brass are prized throughout the world today. In the 17th through 19th centuries, European traders established coastal ports for the increasing traffic in slaves destined for the Americas. Commodity trade, especially in palm oil and timber, replaced slave trade in the 19th century, particularly under anti-slavery actions by the British Navy. In the early 19th century the Fulani leader, Usman dan Fodio, promulgated Islam and brought most areas in the north under the loose administrative control of an empire centered in Sokoto.
Wednesday, September 30, 2009
Economiy & People
Economy
GDP (2008): $183 billion (agriculture 33%; industry 39%; services 28%).
Real GDP growth rate (2009): 4.4%. Oil growth: -18%. Non-oil growth: 3%.
Per capita GDP (2009): $1,418.
Inflation (2009): 11.5%.
Natural resources: Oil 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: Types--textiles, cement, food products, footwear, metal products, lumber, beer, detergents, car assembly.
Trade (2007): Exports--$65.5 billion: fuels and mining products (97%); agricultural products (cocoa, rubber, oil, nuts) (2.2%); manufactures (0.8%). Partners--United States (38.3%); European Union (21.8%); India (9.9%); Brazil (6.8%); Japan (4%). Imports--$29.5 billion: machinery; chemicals; transport equipment; manufactured goods (72.3%); agricultural products (23.7%), fuels and mining products (4%). Partners--European Union (33.2%); United States (15.6%); China 7.2%; Korea (2.8%); U.A.E. (2.6%); others (15%).
Foreign direct investment (FDI, 2008): 29.5% of GDP.
Official development assistance (2006): $11.434 billion.
Currency: Naira (150 Naira = U.S. $1 as of March 23, 2010).
PEOPLE
The most populous country in Africa, Nigeria accounts for over half of West Africa's population. Although less than 25% of Nigerians are urban dwellers, at least 24 cities have populations of more than 100,000. The variety of customs, languages, and traditions among Nigeria's 250 ethnic groups gives the country a rich diversity. The dominant ethnic group in the northern two-thirds of the country is the Hausa-Fulani, most of whom are Muslim. Other major ethnic groups of the north are the Nupe, Tiv, and Kanuri. The Yoruba people are predominant in the southwest.
About half of the Yorubas are Christian and half Muslim. The predominantly Catholic Igbo are the largest ethnic group in the southeast, with the Efik, Ibibio, and Ijaw comprising a substantial segment of the population in that area. Persons of different language backgrounds most commonly communicate in English, although knowledge of two or more Nigerian languages is widespread. Hausa, Yoruba, Igbo, Fulani, and Kanuri are the most widely used Nigerian languages.
GDP (2008): $183 billion (agriculture 33%; industry 39%; services 28%).
Real GDP growth rate (2009): 4.4%. Oil growth: -18%. Non-oil growth: 3%.
Per capita GDP (2009): $1,418.
Inflation (2009): 11.5%.
Natural resources: Oil 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: Types--textiles, cement, food products, footwear, metal products, lumber, beer, detergents, car assembly.
Trade (2007): Exports--$65.5 billion: fuels and mining products (97%); agricultural products (cocoa, rubber, oil, nuts) (2.2%); manufactures (0.8%). Partners--United States (38.3%); European Union (21.8%); India (9.9%); Brazil (6.8%); Japan (4%). Imports--$29.5 billion: machinery; chemicals; transport equipment; manufactured goods (72.3%); agricultural products (23.7%), fuels and mining products (4%). Partners--European Union (33.2%); United States (15.6%); China 7.2%; Korea (2.8%); U.A.E. (2.6%); others (15%).
Foreign direct investment (FDI, 2008): 29.5% of GDP.
Official development assistance (2006): $11.434 billion.
Currency: Naira (150 Naira = U.S. $1 as of March 23, 2010).
PEOPLE
The most populous country in Africa, Nigeria accounts for over half of West Africa's population. Although less than 25% of Nigerians are urban dwellers, at least 24 cities have populations of more than 100,000. The variety of customs, languages, and traditions among Nigeria's 250 ethnic groups gives the country a rich diversity. The dominant ethnic group in the northern two-thirds of the country is the Hausa-Fulani, most of whom are Muslim. Other major ethnic groups of the north are the Nupe, Tiv, and Kanuri. The Yoruba people are predominant in the southwest.
About half of the Yorubas are Christian and half Muslim. The predominantly Catholic Igbo are the largest ethnic group in the southeast, with the Efik, Ibibio, and Ijaw comprising a substantial segment of the population in that area. Persons of different language backgrounds most commonly communicate in English, although knowledge of two or more Nigerian languages is widespread. Hausa, Yoruba, Igbo, Fulani, and Kanuri are the most widely used Nigerian languages.
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