The Federal Republic of Nigeria, a country in the southeast of West Africa, the apex of the west coast of the Gulf of Guinea in Africa, neighboring countries include Benin in the west, Niger in the north, a small border between Lake Chad and Chad in the northeast, Cameroon in the east and southeast, and the Gulf of Guinea in the Atlantic Ocean in the south, with a population of 201 million, the largest country in Africa, the largest economy in Africa, with a per capita income of 2277 US dollars.
Nigeria is The largest oil producer in Africa and the sixth largest oil exporter in the world, and is also a member of the Organization of the Petroleum Exporting Countries (OPEC), and is the largest oil producer and exporter in Africa. Proven oil reserves of 37.2 billion rank second in Africa and tenth in the world; The proven natural gas reserves of 5.3 trillion cubic meters rank first in Africa and eighth in the world;
Nigeria has a large population, and generally a country needs population for economic growth, but too much population will bring pressure to the country and bring uneasiness to society. If the country's policies are not well managed, it will inevitably hinder economic development, and Nigeria is a very negative example. Nigeria has a large population and few employment opportunities.
A simple example: Nigeria, as a large agricultural country, 70% of the country's population is engaged in agricultural production, with a cultivatable area of up to 68 million hectares, fertile soil and convenient irrigation. Nigeria is also rich in forest resources and is a major exporter of african timber.
The success of the above two basic industries alone can also improve full employment in Nigeria. But nigeria, because of the simplicity of energy extraction and the fast income, has neglected the development of other industries for decades. Coupled with corruption in government officials, a large amount of energy revenues into the pockets of government officials, and the failure to improve the employment environment has left half of Nigeria's adults or underemployed.
So stealing and refining oil became the main source of income for the unemployed, and the fast-coming money made the unemployed too lazy to pursue other industries. With the rampant theft of oil, a large number of earthen oil refineries have been built, causing devastating damage to the local environment. Agriculture is also deeply affected.
Poverty, of course, is inseparable from war and infighting! Nigeria was originally a British colony, with the Islamic Hausa in the north, the Christian Yoruba and Igbo in the south, and hundreds of small tribes. During the British colonial rule of Nigeria, "indirect rule" was adopted, using the traditional forces of Nigeria to help govern the country. After nigeria's independence, the three major tribes competed for political, economic and military control, and clashed of interests based on tribal and religious demarcation.
The Russo-Ukrainian war, high energy prices, bring opportunities to Nigeria! In recent years, Nigeria has been pursuing its own development path, seeking to stabilize the forces of all parties, accelerate the country's economic development, improve people's livelihood and increase employment. Will Nigeria's efforts be rewarded? Can we get out of poverty? Or good luck to Nigeria!