Kano
Grain markets connect farming to trade
Dawanau is a grain-trading centre in Kano. Grain storage, transport and trading support livelihoods across the north.
Economy & resources
Agriculture, industry, trade and living standards.
Akwa Ibom
Farming & livelihoods
Cassava is one example of the crops linking land, work and local food markets.
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Cassava farming in Akwa Ibom is one example of agriculture’s role in Nigerian livelihoods.
Farming, trade, manufacturing, services and petroleum contribute to Nigeria’s economy.
GDP measures production, export receipts measure earnings from overseas sales, and government revenue funds public spending.
World BankApapa, Lagos
Transport & trade
Ports and road connections move goods between producers, consumers and overseas markets.
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Apapa Port in Lagos connects producers and consumers to domestic and international markets.
Production must reach buyers through transport, storage and trade networks. Infrastructure and reliable services affect that access; different industries use different routes.
World BankLekki, Lagos
Oil & refining
Petroleum connects extraction, industrial processing and export revenue.
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Nigeria joined OPEC on 12 July 1971. Petroleum connects the economy to international prices and demand.
Dependence on petroleum receipts exposes government budgets to changes in international oil prices.
Organization of the Petroleum Exporting CountriesMambilla Plateau & Niger State
Highlands, rivers & resources
The Mambilla Plateau and Gurara Falls show inland landscapes beyond the southern coastal belt.
Output, growth & prices
2025290.79US$ billionGDP at current pricesThe value of goods and services produced in a year.
20254%% annual changeReal GDP growthHow much inflation-adjusted output changed over the year.
202523%% annual changeConsumer-price inflationHow quickly the consumer-price level rose over the year.
Nigeria’s currency is the naira (₦).
Central Bank of NigeriaLiving standards
GDP growth and household living standards are related, but they measure different things.
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The October 2025 Nigeria Development Update distinguishes macroeconomic stabilization from improvements in everyday living standards. Rising prices and unequal access to opportunity remain central policy concerns.
In 2022, 41.8% of the population lived below US$3.00 per day, measured at 2021 purchasing-power parity.
World Bank · World BankOil & the environment
UNEP’s Ogoniland assessment documents damage to land and water and the scale of restoration required.
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UNEP’s 2011 assessment of Ogoniland examined oil contamination and the work needed for environmental restoration. Ogoniland is a specific area within the wider Niger Delta.
UNEP