Population: 202,579,943 (est. 2019)
GDP: 397.3 Billion USD (2018)
Total Area: 923,768 sq km
Agriculture Land: 77.73% (2016)
Forest: 7.2% (2016)
As a key regional player in West Africa, Nigeria accounts for about half of West Africa’s population with approximately 202 million people and has one of the largest populations of youth in the world. Nigeria is a multi-ethnic and culturally diverse federation which consists of 36 autonomous states and the Federal Capital Territory. With an abundance of natural resources, it is Africa’s biggest oil exporter, and has the largest natural gas reserves on the continent. Between 2000 and 2014, Nigeria’s gross domestic product (GDP) grew at an average rate of 7% per year. Following the oil price collapse in 2014-2016, combined with negative production shocks, the gross domestic product (GDP) growth rate dropped to 2.7% in 2015. In 2016 during its first recession in 25 years, the economy contracted by...