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Introduction 1 NIGERIA WEST & CENTRAL AFRICA INTRODUCTION DISCLAIMER Whilst every effort has been made in the preparation of this book to ensure the precision of statistics and other information contained therein, the publisher and copyright owners cannot accept liability in respect of errors or omissions. Readers will appreciate that data is only as up-to-date as the available data and the printing schedule will allow, and is subject to change during the natural course of events. 1 Who we are For enquiries,please contact usat: Rue TOKOTO, Residence FAIRWING, Après St John's Plazza, ABonapriso, Douala - Cameroon Tel: (+237) 9800 5628, 9800 5709, 9800 5732 map acknowledgments www.gowestafrica.org 2 BURKINA FASO 66 INFORMATION ABOUT BURKINA FASO 66 KEY FACTS 67 THE MEDIA OVERVIEW Contents 68 NIGERIA 8 8 INFORMATION ABOUT NIGERIA COTE D’IVOIRE KEY FACTS 10 69 ECONOMIC INDICATORS 11 1 POPULATION & DEMOGRAPHICS INFORMATION ABOUT COTE D’VOIRE 69 THE MEDIA OVERVIEW 13 KEY FACTS THE MEDIA OVERVIEW 70 16 71 24 29 34 40 GHANA 45 DEMOCRATIC REPUBLIC OF CONGO (DRC) 72 INFORMATION ABOUT GHANA 45 INFORMATION ABOUT DR CONGO 72 KEY FACTS KEY FACTS 2 THE MEDIA OVERVIEW 45 73 49 THE MEDIA OVERVIEW 74 51 53 57 CAMEROUN 59 GABON 76 INFORMATION ABOUT CAMEROUN 59 INFORMATION ABOUT GABON 76 KEY FACTS 60 KEY FACTS 77 3 THE MEDIA OVERVIEW THE MEDIA OVERVIEW 61 78 BENIN 62 MALI 81 INFORMATION ABOUT BENIN 62 INFORMATION ABOUT MALI 81 KEY FACTS 63 KEY FACTS 82 THE MEDIA OVERVIEW 4 THE MEDIA OVERVIEW 64 83 4 5 NIGER 85 INFORMATION ABOUT NIGER 85 KEY FACTS 86 THE MEDIA OVERVIEW 87 SENEGAL 89 INFORMATION ABOUT SENEGAL 89 KEY FACTS THE MEDIA OVERVIEW 90 91 TOGO 93 INFORMATION ABOUT TOGO 93 KEY FACTS 94 AD ONE THE MEDIA OVERVIEW 96 APPENDIX 98 6 Chapter ECONOMY Nigeria's economy is heavily dependent on the oil and gas sector, which accounts for 99% of export revenues, 85% of government revenues, and about 52% of Gross Domestic Product (GDP). With its INFORMATION ABOUT NIGERIA large reserves of human and natural resources, Nigeria has the potential to build a prosperous economy, reduce poverty significantly, and meet the needs of its population which includes health, education, infrastructure and other basic amenities. Key changes in the economic sceneduring 2009 - 2011 The Federal Government's amnesty offer and rehabilitation program in oil rich Niger Delta has been largely successful, drastically impacting the activities of the Movement for the Emancipation of the Niger Delta (MEND) and the Niger Delta Vigilante Movement. This has resulted in higher oil production, estimated at 2 million barrels per day. The government's budget for 2011 stands at N4.972 trillion. Monthly inflation was about 13.5% as at January 2011, and 2010 GDP growth rate was 7.85% (National Bureau of Statistics). The threat of inflation is expected owing to anticipated government spending in addition to high international oil and food prices. The country's foreign reserves, which peaked at $67 billion in July 2008, had dropped to $54 BACKGROUND billion by December 2008 and further dropped to $33.12billion in January 2011. With a population of 140 million people, Nigeria is the largest country in Africa and accounts for 47% Assets Management Company of Nigeria (AMCON), purchase of NPLs to clean up banks will of the population of West Africa. It is made up of about 250 ethnic groups, 500 indigenous languages, encourage lending to the real sector and stimulate the capital markets. and two major religions - Islam and Christianity. The larger ethnic groups are Hausa-Fulani in the North, Nigeria is the 30th fastest growing insurance market in the world and the 6th largest market in Igbo in the Southeast, and Yoruba in the Southwest. Nigeria is the second largest economy in Africa Africa, according to Nigerian Insurers Association. and accounts for 41% of West Africa's GDP. Telecoms, a strategic sector in Nigeria has witnessed consistent growth in the past decade. The teledensity rose from 63.11% to 68.5%, while active lines rose from 88.3 million to 95.8 million POLITICS within the same period. A presidential election was conducted in Nigeria on 16th April 2011 and the incumbent president Current developments in Nigeria's broadband market will lead to unprecedented high speed Mr. Jonathan Goodluck Ebele was re-elected for another term. The President reiterated his internet services, making telecommunication cheaper, more reliable and much faster for customers. three point agenda for immediate attention. These are: According to a World Bank report, Nigerians' consumption of power is the lowest in the world with a per-capital consumption of 155KWh. · Niger Delta amnesty · Upgrading and improving power supply The energy sector has failed to meet the 6,000MW of electricity generation capacity promised by · Electoral reform the late President Yar'Adua. The Federal Government therefore put in place machinery for the privatization of the power sector and plans to privatize 18 power distribution and generation firms by the end of May 2011. The President has since set in motion different activities geared towards furthering this agenda. Russia and China are currently working on how to establish footholds in the Nigerian oil and gas industry. Most international agencies lauded the recent elections as free and fair and a harbinger of stable long term democracy in Nigeria. Nigeria supplies 10% of the world's liquefied natural gas (LNG) at approximately 500 million cubic feet per day. Proven reserves were estimated at 187 trillion cubic feet at the beginning of 2010. Nigeria is the United State's largest trading partner in Sub-Saharan Africa. 8 9 KEY FACTS MONTHLY INFLATION TRENDS (2000 - 2012 IN %) Geography 2009 2012 Climate Varies; equatorial in the South, tropical in the centre, arid in the North 5.2 8.6 18.9 12.3 15.0 17.9 8.0 5.5 12.0 12.6 13.5 10.9 Area Total: 923,768 sq km 14 .0 Land: 910,768 sq km 3.9 10.3 18.9 11.4 16.5 12.9 17.8 7.7 5.5 12.6 12.7 13.2 11.0 Water: 13,000 sq km 2.7 11.9 18.8 10.5 17.8 12.5 17.4 7.2 5.8 13.1 12.8 13.0 Natural Resources Natural gas, petroleum, tin, iron ore, coal, limestone, niobium, lead, 1.8 13.9 17.9 10.1 18.5 12.6 16.9 6.5 6.1 13.5 12.9 12.7 zinc,arable land 1.1 15.7 16.8 10.0 19.4 12.5 16.4 6.0 6.5 13.8 12.9 12.6 Land Use Arable land: 33.02% 0.9 16.6 16.4 10.1 19.4 12.9 15.5 5.9 7.0 13.7 13.1 12.3 Permanent crops: 3.14%; Others: 63.84% (2005) 1.2 17.7 16.2 10.0 19.1 14.2 13.5 6.0 7.8 13.4 13.3 12.0 Economy GDP(purchasing power parity) $414.5 billion (2011 est.) 2.2 18.1 15.6 10.0 19.1 15.5 11.4 6.1 8.5 13.3 13.5 11.6 GDP - per capita (PPP) $2,600 (2011 est.) 3.3 18.4 14.8 10.7 18.2 16.8 10.0 5.9 9.2 13.1 13.8 11.4 GDP - composition by sector Agriculture: 35.4% 4.5 18.6 13.6 12.3 17.1 17.4 9.0 5.7 10.1 12.8 13.9 11.1 Industry: 33.6% 5.8 18.7 13.2 13.0 16.1 17.8 8.5 5.5 10.9 12.6 13.9 11.0 Services: 31% (2011 est.) 6.9 18.9 12.9 14.0 15.0 17.9 8.2 5.4 11.6 12.5 13.7 10.8 Exports $101.1 billion f.o.b. (20011 est.) Exports – commodities Petroleum and petroleum products (95%), cocoa, rubber *From the table above, the inflation rate was 11.0 % as at February 2012. Exports – partners US 37.4%, India 10.5%, Brazil 7.8%, Spain 6.9% (2010) Source: Central Bank of Nigeria Imports $67.36 billion f.o.b. (2010 est.) Imports - commodities Machinery, chemicals, transport equipment, manufactured goods, food and live animals Imports – partners China 15.4%, Netherlands 9.7%, US 9.3%, France 4.8%, UK 4.2% (2010) Currency (code) Naira (NGN) Communications Internet hosts 1,378 (2010) Internet users 43.989 million (2009) Telephones - main lines in use 1.05 million (2010) Telephones - mobile cellular 87.298 million (2010) Source: CIA World Facts Book 10 11 ECONOMIC INDICATORS POPULATION AND DEMOGRAPHICS Combined Urban andRural State Consumer Price Index (Base Period: November 2009 = 100) Dec-10 State Nov-11 Dec-11 Food All Items Food All Items Food All Items State Capitals Area Sq.Km % Population %Male Female Totals 934,666 100% 140,003,542 100% 126.30 120.90 121.60 136.20 138.20 Abia 120.20 Abia Umuahia 7,081 0.8 2,833,999 2.0 51% 49% 115.30 112.20 128.00 125.30 133.20 Abuja 124.40 Adamawa Yola 36,917 3.9 3,168,101 2.3 51% 49% Adamawa 115.30 111.60 120.90 103.40 123.10 120.70 Akwa Ibom Uyo 4,844 0.5 3,920,208 2.8 52% 48% Akwa 118.50 114.30 127.90 104.50 103.40 127.20 Anambra Awka 4,320 0.5 4,182,032 3.0 52% 48% Ibom 122.00 116.90 115.80 167.70 150.20 113.80 Bauchi Bauchi 34,605 3.7 4,676,465 3.3 52% 48% Anambra 116.10 115.40 128.70 135.90 146.10 131.80 Bayelsa Yenagoa 11,920 1.3 1,703,358 1.2 53% 47% Bauchi 115.30 114.70 123.00 105.00 103.50 119.10 Benue Makurdi 70,898 7.6 4,219,244 3.0 51% 49% Bayelsa 111.30 111.10 128.40 130.50 126.80 125.00 Borno Maiduguri 34,059 3.6 4,151,193 3.0 52% 48% Benue 111.60 110.00 125.10 126.20 137.50 135.20 Cross River Calabar 20,156 2.2 2,888,966 2.1 52% 48% Borno 121.30 120.40 126.10 104.20 102.70 121.80 Delta Asaba 17,698 1.9 4,098,391 2.9 51% 49% Cross River 117.00 123.50 103.90 103.30 114.80 123.20 Ebonyi Abakaliki 17,400 1.9 2,173,501 1.6 48% 52% Delta 197.70 161.50 100.50 101.00 133.70 128.20 Edo Benin City 17,802 1.9 3,218,332 2.3 51% 49% Ebonyi 104.90 123.30 112.60 109.30 136.00 144.00 Ekiti Ado-Ekiti 9,707 1.0 2,384,212 1.7 51% 49% Edo 110.90 115.60 116.00 112.90 114.90 124.50 Enugu Enugu 7,431 3,257,298 2.3 Ekiti 0.8 50% 50% 122.20 115.20 120.90 108.50 122.90 115.90 Gombe 2,353,879 Enugu Gombe 30,000 3.2 1.7 52% 48% 113.90 113.90 120.70 123.40 173.40 152.80 Imo Gombe Owerri 5,530 0.6 3,934,899 2.8 52% 48% 100.30 105.20 136.30 126.50 158.10 133.20
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