A: Nigeria lies on the geographical coordinates of 10° 0' 0" N, 8° 0' 0" E.

Latitude and Longitude of Nigeria in other units:

More detail about Nigeria

Nigeria Benefitting from International Trade Relations

International relations can be very important to the survival of the country if they do it the right way and if they have the right trading partners. Nigeria is the largest trading partner of the United States that is located in sub-Saharan Africa which has proven to be of benefit to both countries.

Nigeria exports a high level of petroleum to the United States. This supply equals about 8% of the U.S. imports of oil. They also export cocoa, coffee, cashews, gum arabic, and ginger to that country. In turn, Nigeria imports various products from the U.S. including such goods as wheat, motor vehicles and different types of machinery.

Nigeria also has excellent trade relations with the United Kingdom. In fact, they export more to this country than to the United States. This being said, the U.S. has the largest amount of money invested in the African country.

The country had a huge oil boom that started in the 1970's. With all of the excitement surrounding this industry and the exploration of more oil, the agriculture industry which had a lot of potential was virtually ignored, as was the light manufacturing opportunities. The bulk of their export earnings in 2002 were still based on the production of oil and they were totally reliant upon it. This devastated the country in later years because there weren't other industries developed enough to bring in adequate income.

In more recent times, there has been a growth of the informal sectors and even now, there is still growth. This has given new hope to an economy that was almost fully dependant on oil. They still benefit greatly from their foreign relations, especially with the United States. They are intending to expand these relations in 2011, but now they also have other sectors to work on for the future.