Imports
The main imports of Nigeria include industrial supplies, transportation equipment, machinery, food, and beverages. Nigeria imports these from China, Albania, United States of America, France and Belgium mostly. The Nigerian imports of food cost an overwhelming amount of money for the nation, about 630,000,000,000 naira (Nigerian form of currency) or 3,170,000,000 US dollars. The country will surely suffer if the bill increases. Many Nigerians are angered with their president and say that he does not need to spend money on things like fish, rice, and sugar. Those people say that Nigeria is capable of having a stable agricultural system and their country's money could be used in a better way.
Exports
The majority of Nigeria's exports are different types of petroleum, but they also export large amounts of rubber, cocoa beans, milk, coconuts, Brazil nuts, and cashews. The petroleum found in Nigeria was discovered in 1956, and after the Civil War of Nigeria, gas prices soared. Nigeria was able to make a fortune exporting this resource. However, the United States no longer excepts oil from Nigeria due to the firm belief that Nigeria is becoming to strong in the oil industry. Now, India is the largest importer of Nigerian petroleum. India heavily depends on Nigeria's exports and without them, the Indian economy could collapse.
Jobs
Most Nigerians who went to college majored in either engineering, business, health, or life science. A doctor or a teacher are the most popular jobs. Working for an oil and gas company is quite common also. Men can end up being farmers here, but women are in charge of keeping the household going.
Agriculture |
Agricultural products from Nigeria are cacao, peanuts, palm oil, corn, cattle and fish. Many of these are exported to increase wealth, but some Nigerians believe that they should keep these resources, so that Nigerian money won't be spent importing food.
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