Agriculture: accounts for 35% of GDP and half of labor force; 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: passenger and cargo air hub for West Africa; facilitates movement of heroin en route from Southeast and Southwest Asia to Western Europe and North America; increasingly a transit route for cocaine from South America intended for West European, East Asian, and North American markets
Economic aid:
recipient: US commitments, including Ex-Im (FY70-89), $705 million;
Western (non-US) countries, ODA and OOF bilateral commitments
(1970-89), $3 billion; Communist countries (1970-89), $2.2 billion
Currency: 1 naira (N) = 100 kobo
Exchange rates: naira (N) per US$1 - 21.996 (January 1995), 21.996 (1994), 22.065 (1993), 17.298 (1992), 9.909 (1991), 8.038 (1990)
Fiscal year: calendar year
@Nigeria:Transportation
Railroads: total: 3,567 km narrow gauge: 3,505 km 1.067-m gauge standard gauge: 62 km 1.435-m gauge
Highways:
total: 107,990 km
paved: mostly bituminous-surface treatment 30,019 km
unpaved: gravel, crushed stone, improved earth 25,411 km; unimproved
earth 52,560 km
Inland waterways: 8,575 km consisting of Niger and Benue Rivers and
smaller rivers and creeks