nigeria - country study

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Introduction Nigeria, country located on the western coast of Africa. Nigeria has a diverse geography, with climates ranging from arid to humid equatorial. However, Nigeria’s most diverse feature is its people. Hundreds of languages are spoken in the country, including Yoruba, Igbo, Fula, Hausa, Edo, Ibibio, Tiv, and English. The country has abundant natural resources, notably large deposits of petroleum and natural gas. International Business Nigeria Country Analysis By Simon Bozec

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Introduction

Nigeria, country located on the western coast of Africa. Nigeria has a diverse

geography, with climates ranging from arid to humid equatorial. However, Nigeria’s most

diverse feature is its people. Hundreds of languages are spoken in the country, including

Yoruba, Igbo, Fula, Hausa, Edo, Ibibio, Tiv, and English. The country has abundant natural

resources, notably large deposits of petroleum and natural gas.

International Business

Nigeria

Country Analysis

By Simon Bozec

2 NIGERIA Country Analysis

Introduction Nigeria is a country located on the western coast of Africa. It is a Federal Constitution

Republic composed by 36 states and a developing country. Nigeria is currently the most

important ecoomy and populous country in Africa.

Nigeria has a diverse geography, with climates ranging from arid to humid equatorial.

However, Nigeria’s most diverse feature is its people. Hundreds of languages are spoken in

the country, including Yoruba, Igbo, Hausa, and English. The country has abundant natural

resources, notably large deposits of petroleum and natural gas.

I choose the Nigeria because Africa is going to become the largest market in the

world and Nigeria is an important actor in this continent. The potential of this country inspire

me and it existe my curiosity for this country.

Nigeria Report 1 Quick Facts about Nigeria

3 NIGERIA Country Analysis

Table  des  matières  

I)   History  .....................................................................................................................................  5  

A.   Early  Nigerian  cultures  .........................................................................................................  5  

1)   THE  NOK  CULTURE  .................................................................................................................  5  

2)   IGBO  UKWU  ...........................................................................................................................  5  

B.   Kingdoms  and  empires  of  pre-­‐colonial  Nigeria  .....................................................................  5  

C.   The  arrival  of  the  British  ......................................................................................................  5  

II)   Geography  ..............................................................................................................................  8  

III)   Demography  .........................................................................................................................  9  

IV)   Culture  ................................................................................................................................  11  

A.   Symbols  .............................................................................................................................  11  

1)   Flag  .......................................................................................................................................  11  

2)   Coat  of  Arms  ........................................................................................................................  11  

B.   Languages  spoken  .............................................................................................................  12  

C.   Social  conventions  .............................................................................................................  12  

D.   Classes  &  Castes  ................................................................................................................  13  

E.   Daily  life  &  social  customs  ..................................................................................................  13  

F.   Religion  ..............................................................................................................................  14  

G.   Ethnic  groups  .....................................................................................................................  14  

1)   Hausa  ...................................................................................................................................  15  

2)   Yoruba  ..................................................................................................................................  16  

3)   Igbo  ......................................................................................................................................  17  

V)   Form  of  government  .............................................................................................................  19  

A.   Executive  power  ................................................................................................................  19  

B.   Legislative  power  ...............................................................................................................  19  

C.   Legal  system  ......................................................................................................................  20  

VI)   Economy  .............................................................................................................................  21  

A.   Data  overview  ...................................................................................................................  21  

B.   Imports  &  Exports  ..............................................................................................................  21  

C.   Main  industries  ..................................................................................................................  21  

1)   Oil  and  Gas  industry  .............................................................................................................  21  

2)   Agriculture  ...........................................................................................................................  22  

D.   International  place  ............................................................................................................  22  

4 NIGERIA Country Analysis

E.   PPP  and  currency  ...............................................................................................................  23  

VII)   Doing  business  in  Nigeria  ...................................................................................................  24  

A.   Labour  market  ...................................................................................................................  24  

B.   Infrastructures  ...................................................................................................................  26  

C.   Business  etiquette  .............................................................................................................  27  

D.   SWOT  Analysis  ..................................................................................................................  28  

E.   Political  risks  ......................................................................................................................  28  

1)   Corruption  ............................................................................................................................  28  

2)   Instability  .............................................................................................................................  29  

VIII)   Major  trading  partners  .....................................................................................................  30  

A.   China  and  Nigeria:  a  powerful  South-­‐South  Alliance  ..........................................................  30  

1)   Overview  ..............................................................................................................................  30  

2)   Agreements  ..........................................................................................................................  30  

3)   Imbalance  trade  ...................................................................................................................  31  

4)   Telecommunications  ............................................................................................................  31  

B.   Nigeria-­‐USA:  a  powerful  Alliance  .......................................................................................  31  

1)   Overview  ..............................................................................................................................  31  

2)   Fight  against  Boko  Haram`  ...................................................................................................  32  

3)   Balance  trade  .......................................................................................................................  32  

4)   Agreements  ..........................................................................................................................  32  

IX)   Sources  ................................................................................................................................  35  

1)   History  ..................................................................................................................................  35  

2)   Geography  ............................................................................................................................  35  

3)   Demography  .........................................................................................................................  35  

4)   Culture  .................................................................................................................................  35  

5)   Form  of  government  ............................................................................................................  35  

6)   Economy  ..............................................................................................................................  35  

7)   Doing  business  in  Nigeria  .....................................................................................................  36  

8)   Major  partners  .....................................................................................................................  36  

5 NIGERIA Country Analysis

I) History

A. Early Nigerian cultures

1) THE NOK CULTURE

Evidence of human occupation in Nigeria dates back thousands of years. The Nok

Culture appeared in Northern Nigeria. The ancient culture produced fine terra-cotta figurines.

Initially Neolithic, the Nok culture made the transition to the Iron Age. Its people raised crops

and cattle and they have paid particular attention to personal adornment. Some of the

distinctive features of Nok art include naturalism, stylized treatment of the mouth and eyes,

relative proportions of the human head, body, distortions of the human facial features, and

treatment of animal forms.

2) IGBO UKWU

The Igbo Ukwu culture appeared in the South of Nigeria during the 9th century. We

found Bronzes that reveal not only a high artistic tradition but also a well-structured society

with wide-ranging economic relationships. Of particular interest is the source of the copper

and lead used to make the bronzes, which may have been Tadmekka in the Sahara, and of

the coloured glass beads, some of which may have come from Venice and India, the latter

via trade routes through Egypt, the Nile valley, and the Chad basin.

B. Kingdoms and empires of pre-colonial

Nigeria

Many indigenous polities emerged in Nigeria before the 19th century. In the north

there were several large and developed systems, including the Hausa states of Kano,

Katsina, Zaria, and Gobir; Kanem-Borno; and the Jukun states of Kwararafa, Kona, Pinduga,

and Wukari. Smaller kingdoms included those of the Igala, Nupe, and Ebira. In the South,

there was the Yoruba states of Ife and Oyo, the Edo state of Benin, the Itsekiri state of Warri,

the Efik state of Calabar, and the Ijocity-states of Nembe, Elem Kalabari, Bonny, and Okrika.

C. The arrival of the British

The first Europeans country which came in Nigerian is Portugal in 1486.Contact with

Europeans began with the arrival of Portuguese ships in 1486. The British, French, and

Dutch soon followed. Soon after their arrival, the trade in slaves replaced the original trade in

goods.

6 NIGERIA Country Analysis

Many of the coastal communities began selling their neighbors, whom they had

captured in wars and raids, to the Europeans in exchange for things such as guns, metal,

jewelry, and liquor. The slave trade had major social consequences for the Africans. Violence

and intertribal warfare increased as the search for slaves intensified.

The slade trade increased wealth of the communities and it began to change social

structures in the area. Leadership, which had been based on tradition and ritual, became

based on wealth and economic power.

After more than 350 years of slave trading, the British decided that the slave trade

was immoral and ordered it stopped in 1807. However, many local leaders continued to sell

captives to illegal slave traders. This lead to confrontations with the British Navy, which took

on the responsibility of enforcing the slave embargo.

The Nigerian economy began to flourish when the nonslave trade began. A new

economy based on raw materials, agricultural products, and locally manufactured goods saw

the growth of a new class of Nigerian merchants.

A new divide within the local communities began to develop, in terms of both wealth

and politics. Many former slaves and lower-class people found that they could advance

quickly up the social ladder because being a successful merchant was based on production

and merit, not on traditional community standing. It was not unusual to find a former slave

transformed into the richest, most powerful man in the area.

Christian missionaries brought Western-style education to Nigeria as Christianity

quickly spread throughout the south. The mission schools created an educated African elite

who also increased contact with a Westernization of Nigeria.

In 1884, the British Army and local merchant militias set out to conquer the Africans who

refused to recognize British rule. In 1914, after squelching the indigenous opposition, Britain

officially established the Colony and Protectorate of Nigeria.

The spread of colonial control led to the first and only time that the ethnic groups in

modern Nigeria came together under a commonly felt sense of national identity. The Africans

began to see themselves not as ethnic communities but as Nigerians in a common struggle

against their colonial rulers.

The nationalistic movement grew out of some of the modernization the British had

instituted in Nigeria. The educated elite became some of the most outspoken proponents of

an independent Nigeria.

7 NIGERIA Country Analysis

Both the elite and the uneducated also began to grow fearful of the increasing loss of

traditional culture. They began movements to promote Nigerian foods, names, dress,

languages, and religions. As a result of this coming together, the Nigerians saw that they had

more in common with each other than they had previously thought.

Nigeria gained full independence from Britain on 1 October 1960. It is an important

event for the Nigeria ; this date became a public holyday. Fighting between and among

political parties created chaos within the democracy immediately after independence.

On 15 January 1966, a group of army officers did a military coup, killing many of the

government ministers. Six months later, northern forces within the military staged a

countercoup, killing most of the Igbo leaders. Anti-Igbo demonstrations broke out across the

country, especially in the north. Hundreds of Igbos were killed, while the rest fled to the

southeast.

On 26 May 1967, the Igbo-dominated southeast declared it become the independent

Republic of Biafra. It leads to bloody civil war that lasted for three years. In 1970, on the brink

of widespread famine resulting from a Nigeria-imposed blockade, Biafra was forced to

surrender. Between five hundred thousand and two million Biafran civilians were killed during

the civil war.

Following the war, the military rulers encouraged a national reconciliation, for

becoming an unified people. However, it did not end the problems of ethnicity in the country.

After decades of military rule, elections for a new civilian president were finally held

on 12 June 1993. Moshood Abiola, a wealthy Yoruba, won the elections. Two weeks later,

the military regime annulled the results of the election and Abiola imprisoned. This coup

d’état created a new ethnic crisis. The next five years saw violent protests and mass

migrations as ethnic groups again retreated to their traditional homelands.

The death of Nigeria's last military dictator on 8 June 1998, General Suni Abacha,

opened the door for a transition to civilian rule. Many Nigerians again ethnic lines when they

entered the voting booth. Traditionlly, ethnic groups have an important weight for the election

because Nigerian vote for the candidate of their ethnic group. On 22 February 1999

Olusegun Obasanjo, a Yoruba, won the presidential election.

8 NIGERIA Country Analysis

Unfortunately, violent ethnic fighting in Nigeria continues. In October 2000, clashes

between Hausas and supporters of the Odua People's Congress (OPC), a militant Yoruba

group, led to the deaths of a hundred people in Lagos.

II) Geography

Nigeria is a country in Western Africa, situated on the Gulf of Guinea. It shares

borders with Benin, Cameroon, Niger and Chad. Nigeria has an area of 923,768 sq. km. It

represents slightly more than twice the size of California.

Nigeria has mainly a tropical climate with variable rainy and dry seasons, depending

on location. Thus, it is an equatorial climate in South, and an arid climate in North.

Temperature and humidity are relatively constant throughout the year in the south, while the

seasons vary considerably in the north.

The topography of Nigeria consists of plains in the North and South, and plateaus and

hills in the centre of the country. The country’s highest point (2,419 meters) is Chappal

Waddi and it is located in the mountainous zone along the middle part of the eastern border.

The major rivers of Nigeria are the principal river of western Africa, Niger and Benue.

Nigeria Report 2 Official map

9 NIGERIA Country Analysis

Nigeria has a wide variety of different natural resources. Nigeria has natural gas, oil,

tin, iron ore, coal, and limestone, niobium, lead, zinc and arable land. The country possesses

also various metals stones such as Barites, Gypsum, Kaolin and Marble.

The current capital city of Nigeria is Abuja. The city is located within the FCT (Federal

Capital Territory), in the centre of Nigeria.

III) Demography In 2014, Nigeria is the Africa’s most populos country and the 8th in the world with

177, 155,754 people. The population growth rate is 2,47% in 2014. Nigeria has birth and

mortality rates that are higher than the world average. Since the mid-20th century, infant

mortality has declined drastically and life expectancy has increased; therefore, population

growth has been rapid. In the early 21st century, almost three-fourths of the population was

younger than age 30.The current age average is 18.2 years old. The Nigerian population is

very young (figure X) and it offers important opportunities for the business. In 2050, Nigeria is

going to become the 3rd most populos country in the world, ahead of the United States of

America. Their population will be established at 389 million people. The population density is

191 people per sq. km ; it is higher than in China.

In 2012/2013, we estimate that 33.1% of the Nigerian population lived below the

poverty line. The repartition of the poverty is not consistent in the country. Indeed, it exists a

strong divide between the North and South of Nigeria in poverty and poverty reduction. While

the South of Nigeria has relatively low poverty rate, ranging from 16% in the South West to

28,8% in the South East, poverty rates in the North are more higher with 45.9% in the North

West and 50.3% in the North East. Moreover, poverty is much lower in urban areas (12.6%)

than in rural areas (44.9%), and the urban poverty reduction dynamic is much stronger.

Nigeria Report 3 Age Pyramid

10 NIGERIA Country Analysis

The number of Nigerians living in poverty is not decreasing.

It established at 57 million habitants in 2010/2011 and it was the

same rate for 2012/2013.

However, we can observe some disparition according to the

different areas in the country. In the South of Nigeria, there is a

strong positive dynamic in poverty reduction in recent years whereas

the poverty increased in the North. This difference is related to the

recent security challenges in the Northern part of Nigeria. The population of the North does

not have the same provision of public services and the degree of connectedness to larger

market.

In Nigeria, primary education, free and compulsory, begins at age six and lasts for six

years. Secondary education consists of two three-year cycles. Although federal and state

governments have the major responsibility for education, other organizations, such as local

governments and religious groups, may administer primary and secondary schools. Most

secondary schools, trade centres, technical institutes, teacher-training colleges, and colleges

of education and of technology are controlled by the state governments. The language for

the education is English.Many families are unabled to afford basic education for theur

children or needing them to contribute to the family income by working from an early age.

The youth (15-24) literracy rate (2008-2012) is 75.6% for the male and 58% for the female.

On March 26, 2013, Nigeria set up a State Education Program Investment Project.

This program support need-based teacher deployment, school-level management and

measurement of student learning in Participating States. The total cost of the project is US$

1342.00 million and it lasts until 2017.

Lagos is the most populous city in Nigeria and it is also the largest city in Africa with a

population of 21 million people. Lagos represents the commercial centre of Nigeria and is the

second fastest-growing city in Africa and the seventh in the world. It represents the quick

increase of the Nigeria. Lagos is the former capital of Nigeria.

Nigeria Report 4 Number of poors

11 NIGERIA Country Analysis

IV) Culture Nigerian culture derives from the mixture of its ethnic groups with Arabic and western

European influences. The country combines traditional culture with international urban

sophistication

A. Symbols

Because there is little feeling of national unity among Nigeria's people, there is little in

terms of national symbolism. What exists was usually created or unveiled by the government

as representative of the nation.

1) Flag

The main national symbol is the country's flag. The Nigerian National Flag became

the official flag of the country when the Nigeria became officially independent, on October 1,

1960; it was designed by a student from Ibadan, Michael Taiwo Akinkunmi. The flag is

divided vertically into three equal parts; the center section is white, flanked by two green

sections. The green of the flag represents agriculture, while the white stands for unity and

peace.

2) Coat of Arms

The Coat of Arms of Nigeria has a black shield with two white lines that form in a "Y"

shape. The black shield represents Nigeria's fertile soil, whereas the two horses or chargers

on each side represent dignity. The eagle represents strength, while the green and white

bands on the top of the shield represent the rich soil. We could see the Motto of the country

on the banderol

12 NIGERIA Country Analysis

B. Languages spoken

English is the official language of Nigeria, used in all government interactions, in

schools and it is the only common language to most people. They chose the former

colonisation language to facilitate the cultural and linguistic unity of the country. Nigerian

people speak much more in English in the urban areas than in the rural areas. Hausa is the

most widely spoken language, although English is the official language of Nigeria.

Unofficially, the country's second language is Hausa. In northern Nigeria many people

who are not ethnic Hausas speak both Hausa and their own tribal language.

In addition to English and Hausa, Yoruba, Igbo, Fula, and English Creole are widely

spoken. Many of the languages exist in written form. It exists also more than 250 local

languages spoken in Nigeria. They are classified into three broad linguistic groups: Niger-

Congo, Nilo-Saharan, and Afro-Asiatic. On the basis of modern linguistic research, it is

thought that the great majority of Nigerian languages have been spoken in roughly the same

locations for some 4,000 years.

C. Social conventions

Shaking hands with everyone is customary on meeting and departing. It is a sign of

respect for women to curtsey when introduced and to enquire after relations, even if this is a

first meeting. Unless the visitor knows someone well, it is unusual to be invited to a

Nigerian's home. A small gift of appreciation is always welcome and business souvenirs

bearing the company logo are also acceptable.

Casual wear is suitable and a lightweight suit and tie are only necessary for

businesspeople on formal meetings; on most other occasions men will not need to wear a

jacket, although a tie might be expected. Women should dress modestly, and respect local

customs regarding dress, particularly in the Muslim north. It is inadvisable for women to wear

trousers.

There are over 250 tribes in Nigeria. Consequently, it exists an important diversity of

art, dance forms, language, music, customs and crafts. It is important for business people to

identify the ethnic group of the people they are dealing with because customs and beliefs are

not the same and Nigerians have a very strong sense of ethnic allegiance.

13 NIGERIA Country Analysis

D. Classes & Castes

Nigerian society has a castes and classes system and it is based on the wealthy.

Businessmen, politicians and educated elite, compose the higher tier of Nigerian society.

However, this tier only makes up a tony portion of the Nigerian population. Nigerian

population suffer a lot from poverty. The lower classes have little chance of breaking from the

cycle of poverty. In the Nigerian ethnic group, it also exists a form a caste system. The

criteria for determining who belongs to the lowest caste vary from area to area. For the Igbo,

their lowest caste is the Osu. This caste has not a good political representation, basic

education or business opportunities.

E. Daily life & social customs

Social customs and daily life is a mixed between inherited traditions and adaptations

of imported ones. American films are popular among the urban middle and low income

groups. Radio, television, and other forms of home entertainment have also grown in

popularity, but their use is dependent on the availability of electricity.

The family is the central institution, whether in urban or rural areas. Families gather to

celebrate births and weddings. Funerals are also times when the family gathers.

Food is an important part of Nigerian life. Seafood, beef, poultry, and goat are the

primary meal. With so many different cultures and regions, food can vary greatly :

• In the southern areas, a variety of soups containing a base of tomatoes, onions, red

pepper, and palm oil are prepared with vegetables such as okra and meat or fish.

• In the north, grains such as millet and wheat are a large part of the diet. Beans and

root vegetables are ubiquitous. Many dishes are flavoured with onions, palm oil, and

chillies.

Nigerians celebrate several holidays throughout the year. Here are the holy days for 2014:

Holy days in Nigeria January 01, 2014 New Year’s Day January 13, 2014 Milad un Nabi

April 18, 2014 Good Friday April 21, 2014 Easter Monday June 12, 2014 June 12 Commemoration May 29, 2014 Democracy Day July 28, 2014 Eid al-Fitr (End of Ramadan)

October 01, 2014 Independence Day October 04, 2014 Eid al-Adha (Feast of sacrifice)

December 25, 2014 Chritsmas Day December 26, 2014 Boxing Day

14 NIGERIA Country Analysis

F. Religion

Nigeria has two main religions: Islam and Christianity. 50 % of the Nigerian are

Muslim, 40% are Christians and 10% are indigenous religions. Religion is strongly related to

ethnicity, with rather distinct regional divisions between ethnic groups. The greatest

concentration of Muslims is in the northern states; there, three-fourths of the people profess

the religion of Islam, which also is the dominant faith in a few of the southern states.

Christians make up more than three-fourths of the population in the eastern states. Freedom

is guaranteed by the constitution, and Muslims and Christians live and work together,

although there is continuing conflict between the two groups and between them and

adherents of traditional religions. Islam have chosen to incorporate the traditional practice of

polygamy. Christianity has officially disallowed it, while Islam has allowed men to have up to

four wives.

G. Ethnic groups

Nigeria has more than 250 ethnic groups, with varying languages and customs,

creating a country of rich ethnic diversity. The ethnic diversity generates some conflicts

between the different groups. The following groups are the most populous and politically

influential.

Hausa  and  Fulani  29%  

Yoruba  21%  

Igbo  18%  

Ljaw  10%  

Kanuri  4%  

Ibibio  4%  

Tiv  3%  

Others  12%  

Ethnic  Groups  

15 NIGERIA Country Analysis

1) Hausa

The Hausa are the largest ethnic group in all Africa. They are very influential in West Africa,

both culturally and politically.

a. Who are they

Most of the Hausa are farmers, herdsmen or traders. Seventy percent of the Hausa

live in rural farm villages with populations that may range from 2,000 to 12,000. We only can

find the “well-to-do” living in modern homes or apartment in the city.

Life for the majority of Hausa is difficult but they have reasonable standards of health

care, electricity, education and diet in comparison to some other African tribes. For example,

one-third of the people are unemployed, and illiteracy is present because only half of the

population can read and write.

b. Their culture

Within their culture, individuals are classified between commoners or chief, depending

on which profession they hold and the amount of wealth they possess. For the marriage, the

partners are closely related, preferably cousins. Marriages are arranged and ceremonies last

for weeks.

Each wife has her own hut where she sleeps with her young children and the

husband has his own hut too. In Nigerian terms, a woman is almost defined as someone’s

wife, mother and she is given less educational opportunities than men.

A large part of the women population is single because the divorce rate is high.

c. Their beliefs

By 1500, traders had introduced Islam to the Hausa. Many of the urban Hausa

became Muslim, in hopes of enhancing their business. However, the villagers did not convert

to Islam.

During the “Holy wars” of 1804 and 1808, their Islamic neighbours, the Fulani,

conquered the Hausa. They became slaves until the 1900’s. Many villagers were forced into

becoming Muslim at that time. They adopted some of Islam’s basic rituals and behaviours

Overview Population 27,805,000

Largest Religion Islam (99,9%) Main language Hausa

Location North of Nigeria

16 NIGERIA Country Analysis

but they were not as implicated as the urban Hausa. For that reason, many rural Hausa

today are superficially Muslim.

The Hausa culture is strongly linked to Islam. Besides, we can observe a lot of

prejudice against the Christian of Southern Nigeria and there has been persecution of the

minority of the Christian Hausa.

d. Their language

Hausa is the most spoken language in West Africa. An estimated 22 million people

speak it. Another 17 million people speak Hausa as a second language. Hausa is written in

Arabic characters, and about one-fourth of Hausa words come from Arabic. Many Hausa can

read and write Arabic. Many can also speak either French or English.

2) Yoruba

The Yoruba are one of the largest African ethnic groups south of the Sahara Desert

and the second largetst ethnic group in Nigeria. They represent not a single group, but rather

a collection of diverse people bound together by a common language, history, and culture.

Overview

Population 35 million (in all Africa)

Religions Christianity, Islam

Main language Yoruba

Location West of Nigeria

a. Who are they

About 75 percent of the Yoruba men are farmers, producing food crops for their

domestic needs. In their culture, farming is considered men's work ; clearing or hoeing fields

is done only by men. Wives help their husbands plant yams and harvest corn, beans, and

cotton. They also help at the market, selling farm produce. Some Yoruba have large cocoa

farms worked by hired labor. They enjoy trading and it is common to see huge markets with

over a thousand sellers. Women help at the market, trading foodstuffs and clothes. Men

trade meat selling and produce buying. The youth generation of Yoruba is moving away from

farming, they want to go to the universities and they find better opportunies with the

development of the country.

b. Their culture

Best friends are very important for them: “friend not see-not-sleep”. It means that one does

not go to sleep without seen his best friend. Then, marriages are arranged and a man has to

17 NIGERIA Country Analysis

negotiate with the girl’s father for being married with her. If the father approved, he must

bring the family a payment called a bride wealth

Marriages are arranged. A man must negotiate with the girl's father. If he is approved he

must bring to the family a payment, called a bride wealth.

For the first eight days after marriage the woman divides her time between her husband's

and in her parents' compounds. On the ninth day, she moves to her husband's home.

c. Their religion

Today only 20 percent of the Yoruba still practice the traditional religions. The practice varies

from community to community. For example, a god may be female in one village and male in

another. The three main god for everybody are Olorun, the high god, Eshu, the divine

messenger and Ifa, the god of Divination. The Yoruba who practice other religious are

divided about between Muslims and Christians but almost all Yoruba still participitate annual

festivals and other traditional religious practices.

d. Their language

The Yoruba language belongs to the Congo-Kordofanian language family. This language has

many dialects but it does not exist lots of differences between them.

The Igbo are the second largest group of people living in southern Nigeria. They are socially

and culturally diverse. They have no common traditional story of their origins.

3) Igbo

a. Who are they?

The Igbo economy depends on root-crop farming. The chief root crops are Yams, cassava

and taro. More and more Igbo are now engage in wage labor. They benefit from the oil

industry, growing cities and expanding road construction

Overview

Population 26,697,000 in Nigeria

Location Southern Nigeria

Largest Religion Tribal religion

Main Language Igbo

Their life has changed considerably with the discovery of Oil in Nigeria. Their village does not

look like the same. Indeed, their houses are now built of cement blocks with iron roofs.

Electricity, television and radio are now commonplace.

18 NIGERIA Country Analysis

b. Their culture

Igbo men practice the polygyny; they have more than one wife. The family is made up of a

man, his wives and all their children. The most a man married woman, the most he is

successful. The Igbo family has recently changed. Christian and civil marriage are important

revolutions.

The two criteria of interpersonal relations are age and gender. Respect is given to old

persons and males. Then, their social status is based only on wealth.

Two criteria shape interpersonal relations: age and gender. Respect is given to males, and to

older persons. Children are always required to offer the first greeting to their elders. The Igbo

distinguish between obgenye (the poor), dinkpa (the moderately prosperous), and nnukwu

madu or ogaranya (the rich).

c. Their religion

The Igbo believe in a supreme god who keeps watch over his creatures from a distance.

They don’t make direct sacrifice to him.

The major beliefs of the Igbo religion are shared by all Igbo-speaking people.

d. Language

Their language is the Igbo. It belongs to the Niger-Congo language family and it is a

complicated system with a wide range of dialects.

19 NIGERIA Country Analysis

V) Form of government Since its independence in 1960, Nigeria has known a chaotic institutional evolution. In

50 years, the country has had 10 coup d’état, 4 republics and more than 30 years of military

system.

The politic system of Nigeria is inspired from the American system. It is a presidential

and federal system. This politic system consists of 3 different powers separated: executive

power, legislative power and an independent legal system.

A. Executive power

The Executive power consists of a President of the Republic. He is elected for a

period of 4 years and renewable once. He is both Head of State and chief government.

The current President of the republic is Goodluck Jonathan. He won the election in

2010. His political party is the People’s Democratic Party (PDP). He is Christian and belongs

to the Ijaw ethnic group. He wants to fight the corruption and end the Islamist-led insurgency

in Northern Nigeria.

At the State level, executive power is made up of the Governor, the Deputy Governor

and other members of the State Executive Council.

B. Legislative power

As a Federal government, Nigeria has a bicameral parliament. It consists of that the

legislative power is divided between two chambers: the Senate, the “upper” chamber and the

House of Representatives, the “lower” chamber.

The Senate is made up of 109 elected members while the House of Representatives

has 360 members. The membership of the Senate is on the basis of equality of states with

each state having three Senators. One senator represents the Federal Capital Territory

(FCT). The number of Representatives elected by each State is determined on the basis of

population.

Each state also has its own law-making organ known as the House of Assembly. The

members elected into the Houses of Assembly represent the various state constituencies

usually delineated on the basis of population.

20 NIGERIA Country Analysis

C. Legal system

Nigerian has a complex and well-developed legal and judicial system. It contains

three codes of law because of its ethnic groups and its past. It mixed legal system of English

common law, Islamic law and traditional law.

Nigerian is mainly based on the common law due to the British colonisation. The

principle of this legal system is that it is unfair to treat similar facts differently on different

occasions.

Traditional laws, administered by native, are usually presided over by traditional

rulers, who generally hear cases about family problems such as divorce.

In order to take in consideration the important cultural diversity, the constitution of

1999 consider that Charia could be apply in certain states. Judges apply Sharīʿah based on

the Maliki Islamic code. Although the states claim that the law applies only to Muslims, the

minority non-Muslim population argues that the law affects it as well. For instance, Christian

women must ride on female-only buses, and in some states they cannot participate in sports.

At this time, Sharia is coming into effect in 12 federal states, mainly located in the North.

According to the Nigerian Constitution 1999, the following courts are established in

the Federal Republic Of Nigeria:

• The Supreme Court of Nigeria; • The Court of Appeal; • The Federal High Court; • The High Court of the Federal Capital Territory, Abuja; • A High Court of a State • The Sharia Court of Appeal of the Federal Capital Territory, Abuja; • A Sharia Court of Appeal of a State; • The Customary Court of Appeal of the Federal Capital Territory, Abuja; • A Customary Court of Appeal of a State

The Supreme Court is the highest court and all decisions from the court are coming

into effect on all other courts. Each state has a High Court, which is presided over by a chief

judge and has an option to establish a Sharia Court of Appeal or a Customary Court of

Appeal.

21 NIGERIA Country Analysis

VI) Economy Nigeria is the largest economy in Africa and the 26th economy in the world.It is

considered as a mixed economy. Nigeria is going to become one of the 20 largest

economies in the world by 2020. Nigeria will get the highest average GDP growth in the

world between 2010–2050. Since the year 2007, the country has a high GDP and the

government has been trying constantly to curb the mismanagement and inflation and

imposing new policies and reforms to improve the financial and services sector of the

country.  

A. Data overview

Nigeria Canada

World Ranking 26th 11th

GDP US $ 521.8 bllion (+7%) US $1.827 trillion (+2%)

GDP per capita US $ 3,006 US $ 51,958

Unemployment rate 28.7% 7%

B. Imports & Exports

Imports Exports

Balance Trade: US $ 37,57 million

US $ 55.98 billion US $ 93.55 billion

Refined Petroleum (14%), Cars (7%),

Wheats (3%), Others (76%)

Petroleum (95%), Coco Beans (2%),

Rubber (2%), Others (1%)

China (18,3%), USA (10,1%), India (5,5%) USA (16,8%), India (11,5%), Netherlands

(5,5%),

C. Main industries

1) Oil and Gas industry

The oil industry is the largest industry and the main generator of GDP. The country

mainly relies on the production and exports of oil and gas, which dropped the earnings of the

country due to economic boom-and-bust situation in previous years.

Source: Worldbank, 2013

Source: Worldbank, 2013

22 NIGERIA Country Analysis

95% of the exportations are related to the oil sector. Changes in prices or in the performance

of the oil sector can have a major impact on the economy of Nigeria. %. Other goods

represents nothing compared to it. This dependance to the petroleum could be a problem for

the Nigeria.

Fortunately, the performance of the oil sector and oil revenues has been stronger in

2014 compared to the difficult year of 2013. The Nigerian government needs to diversify its

economy and export base so that it does not concentrate on the sufferings and thus, losses

in one sector only. The price of oil is currently decreasing and it could impact a lot the

Nigerian economy.

2) Agriculture

Agriculture is going to become the “new oil”. We resume the Nigerian economy as its

oil industry. However, agriculture has an important role in boosting Nigeria’s economy.

Currently, the government spend only 1.6 percent of the national budget in Agriculture. They

launched for becoming self-sufficient in rice by 2015. This program already shows the

important potential of the agriculture. It is going to create 3.5 million jobs in agriculture and a

boost of food of 20 tonnes.

D. International place

Nigeria is a member of some international and regional organizations. The country is

a member of the United Nations, International Monetary Fund, Worl bank, World trade

Organization, ECOWAS and OPEC (Organization of the Petroleum Exporting Countries).

The country is a former colony of the Brittany. They are still related with a common

agreement with former colonies of Great Britain, the Commonwealth

Nigeria belongs to the “Next Eleven” economies because it is a high potential

economy. Goldman Sachs has introduced this term in 2005 and it represents the elven

countries it thought could potentially have a BRIC-like impact. The “Next-Eleven” are still far

from the G7 Nations but their foundations are in place. Their economic growths are more

important than G7 Nations. In 2013, the growth rate of Nigeria was 5.4% whereas the

Canadian’s was only 2% International investor are encouraged to invest the “Eleven”

countries.

23 NIGERIA Country Analysis

Nigeria belongs to ECOWAS (Economic Community of West African States). It is a

group of fifteen West African countries. The agreement goal’s is to promote economic

integration across the region. It is considered as one of the pillars of the African Economic

Community.

Nigeria requests a permanent seat in the United Nations security council. The

Nigerian military is the largest and best-equipped military in West Africa and is really

implicated in the mission for keeping the peace in Africa.

E. PPP and currency

The currency of Nigeria is the Nigerian Naira: USD 1$ corresponds to 177.3 ₦. PPP

(Purchasing Power Parity) is the relative ability of two countries currencies to buy the same

goods in those two countries. It is a good way to compare the cost of living between two

countries. We could compare the PPP of Canada and Nigeria with a several products:

Nigeria Canada

Bottle of water (1,5L) USD $0.77 USD $1.78

Cappuccino (regular) USD $2.74 USD $3.27

Tomato (1kg) USD $2.58 USD $3.05

The cost of life is higher in Nigeria than Canada. Indeed, a bottle of water is twice

more expensive in Canada. This difference can be explained with the different of GDP per

capita of the two countries.

Through ECOWAS (Economic Community of West African States), Nigeria is going to

launch a common currency with fifteen other countries in 2020. The countries of the

agreement are in the West African Monetary Zone. It is a good way to “renforcer” trade

relation between these countries and have a better power in the international scene.

24 NIGERIA Country Analysis

VII) Doing business in Nigeria

A. Labour market

Nigeria has a large pool of unskilled and skilled workers relative to others countries in

SSA (Sub-Saharan Africa). The country have available poor infrastructure and it has frequent

strike actions, and it affects the quality of educational institutions. It is leading businesses

recruit foreign workers with more qualified skills. However, Nigeria has a good educational

system compared to the other countries in SSA. The country is ranked 2nd for the Education

with a score of 50.7 (see figure 5).

The labour cost in Nigeria is an opportunity for the businesses. Nigeria is in 32nd place

out of 44 countries in this category. Foreign businesses could produce in this country and

make important margin thanks to the cheap workforce.

Today, it exists a minimum wage in Nigeria but the government regulate it. The

current minimum wage is 18,000 Nigerian Naira; it corresponds to $102,19. However, a

debate is in progress about this issue. Nigerian workers want to establish a deregulation of

the minimum wage but the Senate refused their offer because they consider that: “It would

create a chaotic and potentially destabilising industrial relations environment in the country.”

Workers are determinate to obtain this deregulation. With this reform, federation and

individual employers would be empowered to decide on and set their own minimum wage

independent of the national minimum wage structure. Some states are richer than other, that

is one of the reasons they want to deregulate the minimum wage.

Unemployment is one of the fundamental developmental challenges facing Nigeria at

the moment. Nigeria does not have any reliable figure on the rate of unemployment but it

exists some figures. According to a 2009 World Bank Report, 40 millions (28.57%) of the

country’s employable people are unemployed. Unemployment is especially present for the

young workers. In terms of age, younger worker struggle more to find jobs.

Nigeria Report 5 Labour Force

25 NIGERIA Country Analysis

At least, two-thirds of unemployed youth are between 15 and years old. In terms of gender, a

majority of unemployed youth are female. As shown in Table 6, women accounted for more

than 50 percent of unemployed youth between 2008 and 2012.

Youth employment is mostly in rural areas and rapidly growing. From 2010 to 2011,

the share of unemployed youth in rural areas increased from 47.59 percent to 59.95 percent.

The population of unemployed youth in rural areas increased from 2.9 million in 2008 to

about 5.9 million in 2012.

Nigeria Report 6 National Youth Unemployment Figures by Gender and Geography 2008-2012

26 NIGERIA Country Analysis

B. Infrastructures

Nigeria has made important strides toward improving its infrastructure. Nigeria has

relatively advanced road, rail, power and information and communications technology

compared to many African countries. In recent years, Nigeria has established several

important infrastructure sector reforms. The lack of infrastructures is responsible for the

productivity handicap faced by Nigerian firms.

Here is the situation of the infrastructures in Nigeria:

In November 2014, China firm signs $12 billion deal to build a railway along Nigeria’s

Coast. The Nigerian railway will stretch for 1,402 kilometres along the coast, linking Lagos,

the financial capital of Africa's largest economy and leading oil producer, and Calabar in the

east. This project shows the desire of Nigeria to improve its infrastructures.

Nigeria Report 7 Achievements and challenges in Nigeria's infrastructure sectors

27 NIGERIA Country Analysis

Infrastructures contribute a lot to economic growth. During the period 2003 to 2007,

infrastructures represent 1% to annual contribution per capita economic growth in Nigeria.

According to Calderon, infrastructures can potentially represent to approximately 4% to

annual contribution per capita economic growth in Nigeria. It is an opportunity of

development for the Nigeria; they have to invest in infrastructures.

C. Business etiquette

Nigeria is a land of opportunities. However, business people have to follow some

rules for doing business in this country. The keys to success are adaptability, flexibility, and

some background cultural knowledge.

Firstly, establishing a personnel relationship with your colleagues and your boss is

common in Nigeria. Family and health are very important in Nigeria, you will talk about it with

your colleagues. Then, you have to avoid eyes contact when you’re speaking to superiors

and seniors. It could be taken as a sign of rudeness or even aggression.

Concerning the business card, there is no exact way or time to give it but you have to

take a moment to examine the business card.

Nigerians live and work at a more relaxed pace than western countries and

punctuality is valued. It is wise to schedule important meetings and call in the day before to

confirm and you have to be patient for doing business in Nigeria.

Nigeria is a multicultural country with different languages and customs. You have to

ask to ask co-workers about their background in order not to offend anybody by accident.

28 NIGERIA Country Analysis

D. SWOT Analysis

Strengths

• Fastest Growing oil, gas and

telecommunication sector

• Availability of young and active labour

force

• Member of the “Next eleven” countries

• Control of money supply

Weaknesses

• Lack of finance and capital resources

• Lack of power supply, road networks

and other infrastructures

• Inability to diversify its market

Opportunities

• High demand for products and services

• Economic and political improvements

create more opportunities and attracts

investors

• Oil and gas industry

• Telecommunications

Threats

• Instability in the North

• Corruption, frauds, scams

• Increase of the competition

E. Political risks

1) Corruption

Corruption is an usual word to an average Nigerian. Corruption is a dishonest or

illegal behaviour, especially of people in authority. It is an abuse of public office for private

gain which usually involves embezzlement of public funds, nepotism and falsification of facts

and figures…

Nigeria is considered as one of the most corrupted country in the world. According to

Transparency International, on the base of 215 countries, Nigeria is the 172th most corrupted

in the world in 2013.

Corruption is an important issue for the Nigeria because it has done incalculable

damages to every facets of the country. Indeed, it has undermine democratic institutions,

retarded economic growth and development and cause poverty in the mist of plenty, it has

prevented the country from making political, social and economic progress and ultimately

brought about high level of mass unemployment in the country. It has denied millions of

Nigerians access to education, housing, health, food and infrastructure.

29 NIGERIA Country Analysis

It is known that ascription and nepotism permeates job placement in both private and

public sectors. In the labour market today, which you know and how much you can pay

determines one’s chances of securing employment, rather than merit.

The government tries to reduce the corruption because it is attracting for investors.

Corruption may be the important issue the government have to work on because the country

has the capacities to become an important economy in the world thanks to its large market.

In 2050, Nigeria is going to be in the top 3 of the most populous countries in the world. The

government has to eradicate the corruption; it becomes a necessity.

2) Instability

Nigeria suffers from the instability in the North of the country. This instability is created

by an Islamic group, Boko Haram which means “Western education is forbidden”’. The

terrorist group is against the westernization of the Nigeria. They consider the Nigeria as a

country governed by an impious and corrupted government. Boko Haram has been waging

an insurgency in Nigeria since 2009.

The “Middle Belt”, middle area of the Nigeria is weak. It is the border between the two

main religions in the country: Islam and Christianity. The group try to stir up ethno-religious

violence in the area.

Over the past year, the number of terrorist attacks in Nigeria has almost doubled,

killing close to 3,500 people, according to the risk analysis group Maplecroft. Abductions

have been a common tactic of the group, which either holds hostages for ransom or sells

them as slaves. In April, they kipnapped more than 200 schoolgirls from Borno State. This

kipnapping is just one episode in a near-constant stream of violence by the insurgents.

In the past few weeks, attacks on villages, schools and churches in the northeast

have been relentless. On Wednesday, 19th November, Boko Haram attacked a village and

killed 48 Nigerian Fishermen.

The security situation continues to deteriorate, posing a growing crisis for Goodluck

Jonathan’s embattled government. The president has taken steps over recent weeks to

reinstate a degree of control.

Thus, Boko Haram destabilise the country and undermine its potential for inward

investments. It is really important for the government to take the control of the situation and

eradicate this terrorist group for attracting foreign investments. The situation depends on

30 NIGERIA Country Analysis

President Goodluck Jonathan's ability and commitment to achieving control over the

escalating tensions.

VIII) Major trading partners

A. China and Nigeria: a powerful South-South

Alliance

1) Overview

China is more and more involved in the African continent. The bilateral relationship

between China and Nigeria is evolving faster than any other China-Africa relationships. From

less than USD 2 billion in 2000, trade between China and Nigeria reached nearly USD 18

billion in 2012. It represents more 9 times its level just 10 years later. In 2012, China is the

principal importing partner of Nigeria, which represents 18,3% of its importation.

Between 2003 and 2009, Nigeria was a top destination for Chinese Foreign Direct

Investment on the continent. China is attracting by this country because Nigeria has vast

energy reserves and a large domestic market with more than 150 million inhabitants with

growing incomes.

China companies are making a foray into Nigeria’s manufacturing and information

and communication technologies sectors. They are building roads, railways and airport

across the country. For instance, China rail group signed $12 billion Nigeria deal on

Wednesday, 19th November 2014. It represents the country’s largest overseas contract.

2) Agreements

The two countries have 40 years of diplomatic

relations. Within the 15 last years, they signed 10

agreements (see figure 8). The two countries signed

agreements about investments in Nigeria, strategic

partnership and co-operation.

Nigeria Report 8 Agreements China-Nigeria

31 NIGERIA Country Analysis

3) Imbalance trade

The trade between Nigeria and China is

imbalanced. In 2010, China’s export to Nigeria

represented more than USD 15 billion whereas Nigeria’s

export to China represented only approximately USD 2.2

billion. Around 87% of Nigeria’s exports to China are oil

and gas products. China, exports a diversified range of goods to Nigeria like machinery,

equipment and manufactured commodities.

4) Telecommunications

Nigeria is an important market for the telecommunications and China companies

understood it quickly. That is why, Nigeria has become one of China’s most important

telecoms market. The two largest players in the country are ZTE (Zhong Telecommunication

Equipment) and Huawei. The key advantage of the Chinese companies is their competitive

pricing; Indeed, Huawei officials say its prices are 5 to 15 % lower than their competitors,

Nokia and Ericsson.

B. Nigeria-USA: a powerful Alliance

1) Overview

Since the restoration of 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. Nigeria is the United States' largest trading

partner in sub-Saharan Africa.

U.S. assistance aims to help Nigeria to engage civil society and government partners

to battle corruption, increasing professionalism of the military and law enforcement agencies.

U.S. also invests in people by helping Nigeria address the fundamental health and education

needs to the popolation. Finally, U.S. help the economic growth of Nigeria by expanding

investment opportunities and improving the environment for agriculture and finance.

32 NIGERIA Country Analysis

2) Fight against Boko Haram`

Boko Haram is reponsible of the instability in the North of Nigeria. American

government has been supporting the Nigerian military against this terrorist group.The

Defense Departments of the USA are launching a $40 million Global Security Contingency

Fund for Cameroon, Chad, Niger, and Nigeria to counter Boko Haram. The program will

provide technical expertise, training, and equipment to the four countries to develop

institutional and tactical capabilities to enhance their respective efforts to counter Boko

Haram. The USA also provide information in the area of intelligence sharing, and other

measures in combating the insurgency

3) Balance trade

Total U.S.-Nigeria trade was valued at $18.2 billion in 2013. U.S. imports from Nigeria were

valued at $11.7 billion and $11.6 billion of which was crude oil. The exoirts to the United

States are not diversified because the non-oil exports represents only $100 million. Non-oil

Nigerian exports to the United States include leather, prepared vegetables, beans, cocoa

paste, spices, and cassava.

In 2013, U.S. exports to Nigeria were valued at $6.5 billion. Major U.S. exports to Nigeria

include mineral fuels, vehicles, wheat, machinery, and plastics. The stock of U.S. foreign

direct investment in Nigeria was $8.1 billion in 2012 with a growth rate of 53.6%.

4) Agreements

a. AGOA

AGOA is the African Growth and Opportunity Act. The objective of this agreement is

to expand U.S. trade and investment with sub-Saharan Africa, to stimulate economic growth,

to encourage economic integration, and to facilitate sub-Saharan Africa's integration into the

global economy. The AGOA was signed by President Clinton on May 18, 2000.

AGOA provides beneficiary countries in Sub-Saharan Africa with the most liberal

access to the U.S. market available to any country or region. It reinforces African reform

efforts, provides improved access to U.S. credit and technical expertise, and establishes a

high-level dialogue on trade. In January 2010, 38 sub-Saharan African countries were

eligible for AGOA benefits. The U.S. Government provides assistance to African

governments and businesses that are seeking to make the most of AGOA and to diversify

their exports to the United States. This agreement has helped to increase U.S. two-way trade

with sub-Saharan Africa.

33 NIGERIA Country Analysis

b. TIFA

TIFA means Trade and Investment Framework Agreement. It is an agreement

between the United States Of America and the government of the Federal Republic Of

Nigeria concerning the development of trade and investment relations.

The United States and Nigeria signed the TIFA in 2000. The TIFA Council serves as

a mechanism for regular, high-level dialogue on enhancing U.S.-Nigeria trade and

investment ties and improving coordination between the United States and Nigeria on

multilateral and bilateral trade and investment issues.

They often organize meetings concerning this agreement. The last meeting was on

March 2014. They discussed about improving market acces and the bilateral investment,

implementation of the new WTO Trade Facilitation Agreement…

34 NIGERIA Country Analysis

Conclusion Nigeria is a land of opportunities. Here are the reason why we have to invest in Nigeria:

Nigeria has a young population. The average age is only 18.2 years old. This is a

positivie point when it comes to obtaining labor forc for new businesses in the country. With

the expansion of the communication and internet in Nigeria, a youth population represents an

important market.

Nigeria belongs to the « next eleven » countries. It means that Nigeria possess a

great potential to become one of the world’s largest economy in 21st century according to

Goldman Sachs Investment Bank. Goldman chose the eleven countries based on their

macroeconomic stability, political maturity, openness of trade and investment policies, and

the quality of education.

Nigeria posseses a wide variety of different natural resources. Themain ressources

are oil and gas. Nigeria is the current 10th largest oil producer in the world. Nigeria under

exploit its natural ressources but if the country regulate correctly the oil industry and increase

its production, it will stimulate the Nigerian economy.

Nigeria represents a large market. In 2014, Nigeria is the African’s most populous

country with 177 million people and it’s going to be the third most populous country in the

world behind the USA with 444 million inhabitants. It’s going to create a high demand for

products and services.

35 NIGERIA Country Analysis

IX) Sources

1) History

Britannica. “Nigeria”. http://www.britannica.com/EBchecked/topic/414840/Nigeria. Web. 4th November 2014

Everyculture. “Nigeria”. http://www.everyculture.com/Ma-Ni/Nigeria.html. Web. 4th November 2014

2) Geography

Britannica. “Nigeria”. http://www.britannica.com/EBchecked/topic/414840/Nigeria. Web. 4th November 2014

Indexmundi. “Nigeria Country Profile”. http://www.indexmundi.com/nigeria/. Web. 4th November 2014

Cia. “Nigeria”. https://www.cia.gov/library/publications/the-world-factbook/geos/ni.html. Web. 4th November 2014

3) Demography

World bank. Nigeria Education. “http://www.worldbank.org/projects/P122124/nigeria-state-education-program-investment-project?lang=en”. Web. 5th December 2014

Theatlantic. “This Is Africa's New Biggest City: Lagos, Nigeria, Population 21 Million”. http://www.theatlantic.com/international/archive/2012/07/this-is-africas-new-biggest-city-lagos-nigeria-population-21-million/259611. Web. 24th November 2014

4) Culture

Britannica. “Nigeria”. http://www.britannica.com/EBchecked/topic/414840/Nigeria. Web. 4th November 2014

Everyculture. “Nigeria”. http://www.everyculture.com/Ma-Ni/Nigeria.html. Web. 4th November 2014

Joshuaproject. Hausa in Nigeria. http://joshuaproject.net/people_groups/12070/NI#. Web. 21th November 2014

Internations. “Business etiquette in Nigeria. “http://www.internations.org/nigeria-expats/guide/working-in-nigeria-15535/business-etiquette-in-nigeria-3 ». Web. 21th November 2014

5) Form of government

Senat. “Le Nigeria, incontournable géant de l’Afrique.http://www.senat.fr/ga/ga87/ga871.html. Web. 13th November 2014

Britannica. “Nigeria”. http://www.britannica.com/EBchecked/topic/414840/Nigeria. Web. 4th November 2014

36 NIGERIA Country Analysis

6) Economy

Economist. “Ever close”. http://www.economist.com/news/finance-and-economics/21591246-continent-mulls-merging-currencies-ever-closer. Web. 9th November 2014

Numbeo. “Nigeria”. http://www.numbeo.com/cost-of-living/country_result.jsp?country=Nigeria. Web. 15th November 2014

Forbes. “Nigeria growing away from oil”. http://www.forbes.com/sites/riskmap/2013/11/18/nigeria-growing-away-from-oil/. Web. 17th November 2014

Worldbank. “Nigeria”. http://www.worldbank.org/en/country/nigeria. Web. 14th November 2014

7) Doing business in Nigeria

Times. “Minimum Wage: Nigeria workers union gives Senate ultimatum”. http://www.premiumtimesng.com/news/top-news/170140-minimum-wage-nigeria-workers-union-gives-senate-ultimatum.html. Web. 17th November 2014

Brookings. “Youth Unemployment in Nigeria: A Situation Analysis”. http://www.brookings.edu/blogs/africa-in-focus/posts/2014/09/23-youth-unemployment-nigeria-akande. Web. 12th November 2014

Businessmonitor. “Nigeria”. http://www.businessmonitor.com/nigeria. Web. 22th November 2014

8) Major partners

Federal Republic of Nigeria. “Foreign Relations”. http://www.nigeria.gov.ng/2012-10-29-11-

05-46/foreign-relations. Web. 9th November 2014

Westafrica. “China and Nigeria: a south-south alliance.

http://www.westafricagateway.org/node/1681. Web. 9th November 2014

Amipnewsonline. “U.S. Efforts to Assist the Nigerian Government in its Fight against Boko Haram.” http://www.amipnewsonline.org/?p=5958. Web. 9th November 2014