Nigeria is located in West Africa and has a diverse population and culture. It has a federal government system and economy that was traditionally based on oil exports but is diversifying. Nigeria has bilateral trade relations with China, including Chinese foreign direct investment in Nigeria's agriculture, manufacturing, and telecommunications sectors, and many Nigerians living and working in China who contribute to both countries' economies. Nigerian culture is expressed through clothing, cuisine, dance, masquerades, festivals, and world heritage sites that showcase its environmental and cultural diversity.
4. Facts
National Symbols
Coat-of-arms
flag
National Anthem
Arise, O compatriots
Nigeria s call obey
To serve our fatherland
With love and strength and faith
The labour of our heroes past
Shall never be in vain
To serve with heart and might
One nation bound in freedom
Peace and unity.
President
Muhammadu-Buhari
Vice President
Yemi Osinbajo
Symbol of the LEGISLATURE
The JUDICIARY
Nigeria Money:
5 Naira
Nigeria Money:
1000 Naira
6. West Africa
Bordered by:
Benin Rep, Niger, Chad, Cameroun,
Atlantic Ocean.
Greenwich Meridian:
latitudes 40deg.E and
140degN
longitude 30degE and
140degE of the
Facts
LOCATION
10. FACTS
Federal Republic of Nigeria
Official Name:
large population and economy
Giant of Africa :
Politics :
• President: Mohammad Buhari
• Capital: Abuja
• System Of Govt.: Democracy
• Tiers of Govt.: Three
• Fed. Govt: legislature, executive, and
judiciary
• 36 states
• 774 local Government
• 250 ethnic groups
• 521 languages
• Total land area is 910,770 Km2
18. • Good weather
• Clean/fresh air
• Globally acclaimed
• Verdent, full of nature
etc
Sights visited by tourists
Environmental• Sukur Cultural Landscape,
• Oke Idanre Cultural
Landscape
• Osun-Oshogbo Sacred
Groove
• Ogbunike Cave
• Kano City
etc
WORLD HERITAGE SIGHTS IN NIGERIA
23. 1970 1980 1990 2000 2003 2004
Oil sector GDP 6.0 29.1 39.3 48.2 44.6 48.2
Non-oil sector GDP 94.0 70.9 60.7 51.8 55.4 51.8
Agriculture 41.3 20.6 29.7 26.3 26.4 16.6
Industry 7.8 16.4 7.4 4.5 4.8 8.7
Services 45.0 33.8 23.6 21.0 24.2 26.5
Structure of the Nigerian Economy, 1974-2004 (percent of GDP at current factor costs)
Source: World Bank (2007)
24. 80% of Africans in China live in Guangzhou
Nigerian businessmen in China contribute over
70% of China’s growing economy.
Nigerians in Guangdong Province contribute about 20% toNigeria
CONTRIBUTION
TO China
26. According to Investment Promotion Commission
(NIPC), Chinese private FDI is composed of
• agro-allied industry
• Manufacturing
• Communications sectors.
some of these investments are:
* Joint venture between Chinese and Nigerian
investors.
• Wholly foreign owned either wholly by the
Chinese5 or in partnership with other foreign
Thus in 2017, the official record by Nigeria was
$1.88 million FDI inflow from China
China FDI in
Nigeria
27. Region/Country 1999 2000 2001 2002 2003 2004 2005 2006
North America 7.35 9.84 12.10 36.16 40.34 4354.14 5166.32 1601.28
South America 1.15 2.96 0.39 0.05 7.14 60.04 24.56 11.76
Asia/Pacific 2.94 5.93 4.45 5.17 1.54 32.12 47.29 39.63
China 0.02 1.08 2.39 0.0 0.05 0.51 1.88 5.50
Middle/Far East 7.41 2.75 10.92 5.30 6.74 23.27 21.22 13.39
Europe 164.95 136.46 98.86 200.24 293.66 2624.30 3084.68 2441.52
Africa 6.79 9.45 8.24 24.30 91.41 173.62 169.04 56.06
190.61 168.47 137.35 271.22 440.88 7268.00 8514.99 4169.14
Table 2.1: Foreign Direct Investment in Nigeria, 1999-2006, $ Million
Source: Based on data from Nigerian Investment Promotion Commission (NIPC)
China trade
Relation
With
Nigeria
28. China trade
Relation
With
Nigeria
Company Origin Nature of Business Nature of Level of Employment
Name Investment7
Investment Generation
Happy Chef Chinese & Foods and Restaurant Business JV N20million 35
Restaurant Ltd Nigerians
Plas Alliance Chinese Manufacturing of Rubber Bags & Shoes WFO N75million 170
Company Ltd.
Royal Motors Chinese Assembling of Motorcycles WFO N10 million 1000
Company Ltd
Sun Lung Chinese Manufacture, import, and distribution of WFO N20 Million 75
Industries (Nigeria) all types of telecommunication, electronic
Ltd goods, telecomm materials, instrument,
musical instruments,
ZTE Nigeria 1 Chinese Production, Sales, Services, Investment WFO N5 Million 136
Investment Ltd 1Australian related to Telecommunications
Some Characteristics of Chinese Companies listed in 2016