Its a good place to make quick money, particularly if you are a professional expatriate, sensetive to africanism, but with a lot of patience, tons and tons of it, a heart of steel, a skin of camellia and a sharp senses of a fly! You know what I mean?
The people are friendly and easy going ,but very proud of their africanism and pan-african.
businessmen are the kind of people with whom you need not only all your five senses, but also an extra onek, that is SENSE and SENSIBILITY.
The officials are highly ambitious and most of them, if not all, know how useful their position can be.
In most cases, you will need a lot of grease to smooth your passage, if you know what I mean, and there is a lot of money going around within the privillaged few. You can be one of them, if you know how to integrate.
All the best!/
2007-03-09 03:04:01
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answer #1
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answered by Ebby 6
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Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa and the most populous country in Africa. Nigeria shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, Niger in the north, and borders the Gulf of Guinea in the south. Since 1991, its capital has been the centrally-located city of Abuja; previously, the Nigerian government was headquartered in the coastal city Lagos.[2]
Geography and climate
Nigeria is located in western Africa on the Gulf of Guinea, Nigeria has a total area of 356,669 mi² (923,768 km²[2]);Its size makes it the world's 32nd-largest country (after Tanzania). It is comparable in size to Venezuela, and is about twice the size of the U.S. state of California. It shares a 2,515-mile (4,047-km) border with Benin, Cameroon, Chad and Niger.
The highest point in Nigeria is Chappal Waddi at 7,936 feet (2,419 m).
Nigeria has a varied landscape. From the Obudu Hills in the southeast through the beaches in the south, the rainforest, the Lagos estuary and savanna in the middle and southwest of the country and the Sahel and the encroaching Sahara in the extreme north.
Nigeria's main rivers are the Niger and the Benue which converge and empty into the Niger Delta, the world's largest river deltas.
Nigeria is also an important center for biodiversity. It is widely believed that the areas surrounding Calabar, Cross River State, contain the world's largest diversity of butterflies. The drill monkey is only found in the wild in Southeast Nigeria and neighboring Cameroon.
Economy
Main article: Economy of Nigeria
Years of military rule, corruption, and mismanagement have hobbled economic activity and output in Nigeria and continue to do so, despite the restoration of democracy and subsequent economic reform. According to the Economist Intelligence Unit and the World Bank, Nigerian GDP at purchasing power parity was only at $170.7 billion as of FY 2005. The GDP per head is at $692. [3]
Petroleum plays a large role in the Nigerian economy, accounting for 40% of the GDP. It is the 12th largest producer of petroleum in the world and the 8th largest exporter, and has the 10th largest proven reserves and the country was also a founding member of OPEC. However, due to crumbling infrastructure, ongoing civil strife in the Niger Delta- its main oil producing region- and corruption, oil production and export is not at 100% capacity.
Mineral resources that are present in Nigeria but not yet fully exploited are coal and tin. Other natural resources in the country include iron ore, limestone, niobium, lead, zinc, and arable land.[20] Despite huge deposits of these natural resources, the mining industry in Nigeria is almost non-existent. About 60% of Nigerians are employed in the agricultural sector. Agriculture used to be the principal foreign exchange earner of Nigeria. Perhaps, one of the worst undesirable effects of the discovery of oil was the decline of agricultural sector. So tragic was this neglect that Nigeria, which in the 1960s grew 98% of his own food and was a net food exporter, now must import much of the same cash crops it was formerly famous for as the biggest exporter. Agricultural products include groundnuts, palm oil, cocoa, coconut, citrus fruits, maize, millet, cassava, yams and sugar cane. It also has a booming leather and textile industry, with industries located in Kano, Abeokuta, Onitsha, and Lagos.
Like many Third World nations, Nigeria has accumulated a significant foreign debt. However many of the projects financed by these debts were inefficient, bedevilled by corruption or failed to live up to expectations. Nigeria defaulted on its debt as arrears and penalty interest accumulated and increased the size of the debt. However, after a long campaign by the Nigeria authorities, in October 2005 Nigeria and its Paris Club creditors reached an agreement that will see Nigeria's debt reduced by approximately 60%. Nigeria will use part of its oil windfall to pay the residual 40%. This deal will free up at least $1.15 billion annually for poverty reduction programmes. As of April 2006, Nigeria became the first African Country to fully pay off her debt (estimated $30billion) owed to the Paris Club.
The currency unit of Nigeria is the Nigerian Naira.
Nigeria also has significant production and manufacturing facilities such as factories for Peugeot the French car marker, Bedford the English truck manufacturer, now a subsidiary of General Motors, and also manufactures t-shirts and processed food.
Nigeria is a wonderful, friendly, happy, football-loving country.
It has wonderful potentials. It is developing rapidly . JOb oppurtunities are very high in order to utilise the natural resources. Also well-payed jobs are in abundance. COme to nigeria - YOU WILL NEVER REGRET IT.
2007-03-09 05:27:59
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answer #4
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answered by pranoykedarnath(subri) 4
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