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INTERNATIONAL BUSINESS
C O U N T R Y S T U D Y : N I G E R I A
Prof.
Liqun Mi
(Instructor)
Naija boy:
Okoye, David Ikechukwu
(Presenter)
Facts of
Nigeria
National
Symbol
Some
Cultural
Aspects
Location
Int`l Trade &
Nigeria`s
contribution
C O N T E N T
As follows:
Conclusion
01 National Symbol
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
LOCATION
 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
FACTS
Facts
Facts
POPULATION
0%
5%
10%
15%
20%
25%
30%
Hausa/Fulani
Yoruba
Igbo
Ijaw
Kanuri
Ibibio
Tiv
0thers
NIGERIA ETHNIC GROUPS` POPULATION
Ethnic
Groups
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
Some
Cultural
Aspects
CULTURE
Clothing
1
CULTURE
Food
2
Ofe EgusiTuwo Shinkafa
SuyaKilishi
Abacha Akara & Akamu
Nice cuisines!
CULTURE
Dance
2
CULTURE
2
• Masquerade
• [假面舞会]
CULTURE
2
• Festivity
CULTURE
• Festivity
Talking drums
2
• 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
PESTEL
Environmental
International
Trade &
Nigeria`s
Contribution
Exchange rate
1yuan = 55.7 Naira
Exports& Imports
Exports: Agric. Products, raw materials
Imports: Electronics, etc
FDI
BILATERAL
RELATIONS
Export products Oil Sector
Non-Oil
sector
Agriculture
Industry
Entertainments
Services
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)
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
China trade
Relation
With
Nigeria
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
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
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
References
1. https://www.vanguardngr.com/2014/06/diaspora-
nigerians-contribute-70-growing-china-economy.
2. https://futtiball.com/?client_region=CN
3. https://www.youtube.com/watch?v=KveN3_xNytw
look forward to seeing you in Nigeria
T H A N K Y O U

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Nigeria to the World (China)