2. Economy of Nigeria : Gross Domestic Product GDP- $387 billion GDP per Capita- $2,600 GDP growth rate- 8.2%

3. Economy of Nigeria : Type of Economy -Nigeria has a Mixed Economy - Government controls much of the Oil and Banking industries, but allows private ownership in smaller, service oriented industries.

4. Economy of Nigeria : Main Industries -Crude oil, coal, tin, columbite, rubber products -80% of Nigeria’s revenue ($$$$$) comes from OIL!

5. Economy of Nigeria : Agriculture -Due to mismanagement and improper land usage, Nigeria now has to import food to meet it’s needs.

6. Economy of Nigeria : Service Industries Banking and Telecommunications are the main service industries. Central Bank of Nigeria

7. Economy of Nigeria : Imports/Import Partners Imports: -Machinery, chemicals, manufactured goods, food. Import Partners: -China -Netherlands -United States

8. Economy of Nigeria : Exports/Export Partners Exports: -OIL!!!! Oil makes up 95% of Nigeria’s exports! -They also export cocoa and rubber products. Export Partners: U.S., India, Brazil

9. Economy of Nigeria : Problems -Corruption!!!!!!! - Bad government infrastructure. -45% of Nigerians live under the poverty level. Profits from oil exports are not getting to the people.