Industrial production: growth rate 5% (1987 est.)
Electricity: 4,737,000 kW capacity; 11,270 million kWh produced, 100 kWh per capita (1989)
Industries: mining—crude oil, natural gas, coal, tin, columbite; primary processing industries—palm oil, peanut, cotton, rubber, petroleum, wood, hides and skins; manufacturing industries—textiles, cement, building materials, food products, footwear, chemical, printing, ceramics, steel
Agriculture: accounts for 28% of GNP and half of labor force; inefficient small-scale farming dominates; once a large net exporter of food and now an importer; cash crops—cocoa, peanuts, palm oil, rubber; food crops—corn, rice, sorghum, millet, cassava, yams; livestock—cattle, sheep, goats, pigs; fishing and forestry resources extensively exploited
Illicit drugs: illicit heroin and some cocaine trafficking; marijuana cultivation for domestic consumption and export; major transit country for heroin en route from Southwest Asia via Africa to Western Europe and the US; growing transit route for cocaine from South America via West Africa to Western Europe and the US
Aid: US commitments, including Ex-Im (FY70-88), $662 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970-87), $1.9 billion; Communist countries (1970-88), $2.2 billion
Currency: naira (plural—naira); 1 naira (N) = 100 kobo
Exchange rates: naira (N) per US$1—7.6221 (December 1989), 7.3647 (1989), 4.5370 (1988), 4.0160 (1987), 1.7545 (1986), 0.8938 (1985)
Fiscal year: calendar year
- Communications
Railroads: 3,505 km 1.067-meter gauge