Factsheet : Nigeria

Official Title:
Federal Republic of Nigeria


General Information

Capital: Abuja
Population (million): 193.88
Total Area: 923,773km2
Currency: 1 CAN$ = 256.12 Naira (NGN) (2018- Annual average)
National Holiday: 1 October, National Day
Language(s): English, Hausa, Yoruba, Igbo (Ibo), Fulani


Political Information

Type of State:
Federal Republic

Type of Government:
Bicameral National Assembly: Senate (109 elected senators) and House of Representatives (360 elected representatives).

Head of State:
President Muhammadu Buhari

Head of Government:
President Muhammadu Buhari

Ministers:
Vice President: Oluyemi Osinbajo
Foreign Affairs: Geoffrey Onyeama
Finance: Zainab Ahmed
Trade & Investment: Richard Adeniyi Adebayo

Main Political Parties:
People’s Democratic Party (PDP), All Progressives Congress (APC), Action Congress of Nigeria (ACN) Congress for Progressive Change (CPC), All Nigeria Peoples’ Party (ANPP), and All Progressives Grand Alliance (APGA)

Elections:
Presidential and parliamentary: Last in 2019, next in 2023.


Economic Information (2018)

Comparative figures
Type Nigeria Canada
GDP: ($ billion) 515.94 2,222.58
GDP per capita: ($) 2,661.18 60,078.85
GDP growth rate: (%) 1.94 1.83
Inflation: (%) 12.09 2.24
Unemployment: (%) 22.56 5.82

Product Trade and Investment (2019)

Canadian exports to country: $505,556,354
Canadian imports from country: $294,703,966
FDI in Canada (2018) : $934 million
CDI in country (2018): $501 million


Representation

Foreign Representation in Canada:
High Commissioner Adeyinka Olatokunbo Asekun

Canadian Representation Abroad:
Vacant


February 2020
Sources include: Statistics Canada, IMF

PDF Version

Please note that all statistics reflect Canadian dollars, with some figures reflecting the yearly averages for the year. If listed as ’0’ or absent, the statistic is unavailable.
Bilateral Product trade
Canada - Nigeria
Year Exports Imports
2015 $468,961,353 $1,041,297,818
2016 $313,520,370 $1,574,576,119
2017 $435,378,006 $1,038,717,946
2018 $467,998,552 $480,509,584
2019 $505,556,354 $294,703,966
Product trade (2019)
21 HS Sections
Canada - Nigeria
Section Exports Imports
01 Animal & Prod. $6,904,781 $136,090
02 Veg. Prod. $247,691,975 $6,836,074
03 Fats, Oils & Waxes Prod. $913,873 $200,935
04 Food Prod. $16,730,619 $10,922,946
05 Mineral Prod. $17,865 $273,110,060
06 Chemical Prod. $4,177,524 $68,342
07 Plastics, Rubber Prod. $1,037,248 $2,679
08 Leather, Fur Prod. $84,752 $4,390
09 Wood Prod. $43,005 $2,068
10 Paper Prod. $1,297,915 $44,625
11 Textiles Prod. $2,585,340 $46,623
12 Dress Access. $124,439 $1,293,134
13 Glass & Stone Prod. $168,614 $514
14 Precious Metals/stones $30,162 $9,491
15 Base Metal Prod. $1,051,113 $5,672
16 Mach. Mech. Elec. Prod. $42,517,278 $1,798,302
17 Vehicles and Equip. $161,746,486 $68,552
18 Specialized Inst. $5,550,743 $80,241
19 Arms & Ammunition $4,500 $
20 Misc. Articles $234,851 $1,897
21 Antiques $ $4,628