Nigeria is situated in the Western part of Africa at the “trigger” of the continent. It is bordered by the Republic of Niger and Chad to the North, to the East by the Republic of Cameroon, the Atlantic Ocean on the South and to the West by the Republic of Benin.
With a population of about 180 million people, Nigeria is the most populous country in Africa, the most populous black nation on earth, and the 8th most populous in the world — after China, India, USA, Indonesia, Brazil, Pakistan, and Russia.
Nigeria is a federal republic modelled after the United States, with executive power exercised by the President. It is influenced by the Westminster System model in the composition and management of the upper and lower houses of the bicameral legislature.
Nigeria is the largest economy in Africa with impressive GDP growth rate. With a population that could become the third largest in the world by 2050, Nigeria presents a large market of consumers. GDP growth averaged 7 percent between 2007 and 2015 but has slowed down with the global drop in commodity prices. The country has a high propensity to consume with a growing middle class and a youthful population. 0. It.
Nigeria has a well-developed legal system that is partially inherited from its colonial past, with English law forming the basis. This is combined with traditional customary laws in some cases, and Islamic or Sharia law in the realm of marriage and secession.
Nigeria has a satisfactory international transportation facilities and logistics capability. Currently, there are five (5) operational international airports in Nigeria: Murtala Mohammed International Airport (Lagos), Nnamdi Azikiwe International Airport (Abuja), Mallam Aminu Kano International Airport (Kano), Akanu Ibiam International Airport (Enugu) and Port Harcourt International Airport (Rivers).