Nigeria
Country Profile 

The Federal Republic of Nigeria in figures and facts :

Population : 130 millions.

Area : 923.769 km2

Political regime : democraty since 1999

President : Umaru Yar´Adua (elected in may 2007)

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. Umaru Yar´Adua
Vice President:

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