Judicial branch: Supreme Court, Federal Court of Appeal
Political parties and leaders:
note: two political party system suspended after the coup of 17
November 1993
Member of: ACP, AfDB, C, CCC, ECA, ECOWAS, FAO, G-15, G-19, G-24,
G-77, GATT, IAEA, IBRD, ICAO, ICC, ICRM, IDA, IFAD, IFC, IFRCS, ILO,
IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, ITU, MINURSO, NAM, OAU,
OPEC, PCA, UN, UNAMIR, UNAVEM II, UNCTAD, UNESCO, UNHCR, UNIDO,
UNIKOM, UNPROFOR, UNU, UPU, WCL, WFTU, WHO, WMO, WTO
Diplomatic representation in US: chief of mission: Ambassador Zubair Mahmud KAZAURE chancery: 1333 16th Street NW, Washington, DC 20036 telephone: [1] (202) 986-8400 consulate(s) general: New York
US diplomatic representation: chief of mission: Ambassador Walter C. CARRINGTON embassy: 2 Eleke Crescent, Lagos mailing address: P. O. Box 554, Lagos telephone: [234] (1) 261-0097 FAX: [234] (1) 261-0257 branch office: Abuja consulate(s) general: Kaduna
Flag: three equal vertical bands of green (hoist side), white, and green
@Nigeria:Economy
Overview: The oil-rich Nigerian economy continues to be hobbled by political instability and poor macroeconomic management. Nigeria's unpopular military rulers show no sign of wanting to restore democratic civilian rule in the near future and appear divided on how to redress fundamental economic imbalances that cause troublesome inflation and the steady depreciation of the naira. The government's domestic and international arrears continue to limit economic growth - even in the oil sector - and prevent an agreement with the IMF and bilateral creditors on debt relief. The inefficient (largely subsistence) agricultural sector has failed to keep up with rapid population growth, and Nigeria, once a large net exporter of food, now must import food.
National product: GDP - purchasing power parity - $122.6 billion (1994 est.)
National product real growth rate: -0.8% (1994 est.)