Nigeria

Agriculture makes a significant contribution to the economy, accounting for 40% of GDP at the end of the fourth quarter of 2011 and employing 60% of the population. Sector policy is guided by the Agricultural Transformation Action Plan (ATAP), which aims to diversify the economy and support rural areas while also reducing the cost of food imports. Some $8.3bn is spent on importing staple...

Tourism is among those sectors with significant potential to support efforts to diversify away from oil in a sustainable and inclusive manner. According to the Federal Airport Authority of Nigeria, the inflow of passengers rose in 2011, with more than 1.9m arrivals recorded at the international airports of Lagos, Abuja and Port Harcourt, up by about 10% year-on-year. Traffic at domestic terminals...

Anambra State has a population of 4.7m, making it the eighth most populated state in the country and the second most densely populated. In a region known for dominant oil operations and related security challenges, Anambra State has kept on a steady course towards economic diversification in the last few years. The conclusion of sizeable deals with various companies in agriculture, manufacturing...

Transforming Nigeria into a knowledge-based economy is the central goal of the government’s policy on ICT. Mobile use is the main means of access, with around 92m users, and numbers could grow significantly as other devices become available. While there are a number of opportunities to develop the Nigerian IT sector, the field is not without some challenges, including those arising from the lack...

There is no single answer for bringing the transport sector up to speed to meet the needs of the economy and population, and any approach to overhauling it must be comprehensive. The government, through its National Transport Policy (NTP), recognises that lifting barriers to private enterprise is a vital element of any comprehensive plan for the sector. The NTP calls for initiatives to modernise...

This chapter looks at Nigeria’s power output and generating capacity, both of which currently sit well below those of neighbouring countries, although work to address this is proceeding. According to figures from a World Bank study, Nigeria produced 124 KWh per year in 2010. Much of Nigeria’s power generation, transmission and distribution capacity is ageing and poorly maintained. At present,...