Nigeria

Currency: Naira (NGN)

Timezone: West Africa Time (UTC+1)

Nigeria is situated in West Africa where it shares its land border in the west with the Republic of Benin, in the east with Chad and Cameroon, and in the north with Niger—popularly referred to as the “Giant of Africa” due to its resources and population. The country is the most populous in Africa, with a population estimated to be over 207 million. The country has a very diverse ethnic group with over 100 languages. However, the major languages spoken in the country are Yoruba, Hausa, and Igbo, with English regarded as the official language in the country. The climate of the country varies widely with equatorial south, tropical in the middle, and arid in the north, while the landscape consists of southern lowlands, plateaus, and hills in the north and mountains in the southeast.

The country adopts a federal presidential republic system of government comprising 36 states and Abuja the Federal Capital. The economy is heavily reliant on Petroleum and Petroleum Products as its main source of foreign exchange earnings and accounts for over 70 percent of government revenue. The challenges facing the country include erratic power supply, lack of infrastructure, terrorist insurgence, kidnapping, banditry, clashes between farmers and herders, pervasive corruption, internet fraud, and police brutality.

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Nigerian Communications Act (No. 19 of 2003) Spectrum Trading Guidelines

Ministry of Communications and Digital Economy, Nigeria

These guidelines were developed the Nigerian Communications Commission to manage and regulate the use of spectrum for players in the communications sector. It explains the processes involved in spectrum transfer, leasing and sharing.

Nigeria 2018 Information, Communication, and Technology

Establishment of Internet Industry Code of Practice

Ministry of Communications and Digital Economy, Nigeria

This document establishes the Internet Code of Practice to clearly define and protect the rights and obligations of Internet Access Service Providers. It also explains the procedures of handling offensive and potentially harmful content on...

Nigeria 2018 Information, Communication, and Technology

National Financial Inclusion Strategy

Central Bank of Nigeria, Nigeria

The National Financial Inclusion Strategy outlines Nigeria’s strategy to reduce financial exclusion to 20 percent by 2020. The strategy focuses on agency banking, mobile payments, linkage models and client empowerment.

Nigeria 2018 Economy

The Common External Tariff (CET)

ECOWAS, Nigeria

This document highlights structure, benefits, challenges, and the processes involved in administering the common external tariff in West Africa.

Nigeria 2018 Trade, Industry, and Investment

The Governance and Institutional Framework for the Petrroleum Industry

Ministry of Energy and Natural Resources, Nigeria

This document provides for the governance of the Petroleum industry in Nigeria. It highlights the regulations developed by the Nigeria Petroleum Regulatory Commission to promote healthy and efficient conduct of all Petroleum Operators in an...

Nigeria 2018 Energy

Nigerian Content Development and Monitoring Board Research and Statistics Framework

Ministry of Energy and Natural Resources, Nigeria

This research and statistics framework is established to provide clear procedure for data collection, compilation, analytics, dissemination, utilization and archiving. The framework is anchored on optimal statistical organization, comprehensive baseline data, data management, data utilization...

Nigeria 2018 Energy

Petroleum Host and ImpActed Communities Development Bill 2018

Ministry of Energy and Natural Resources, Nigeria

This is a bill for an Act to provide for the Petroleum host and impacted communities development trust for incorporation of Petroleum host and impacted communities trusts and for other related matters. The objectives of...

Nigeria 2018 Energy

The Petroleum Industry Administration Bill 2018 (SB. 540)

Ministry of Energy and Natural Resources, Nigeria

This is a bill for an Act providing for the establishment of the administrative framework for the Petroleum industry in Nigeria and for other related matters. The objectives of this Act are to promote the...

Nigeria 2018 Energy

The Petroleum Industry Fiscal Bill 2018(SB. 472)

Ministry of Energy and Natural Resources, Nigeria

This is a bill for an Act to provide for the fiscal framework for the Petroleum industry and for other related matters. The document provides guidelines to establish a progressive fiscal framework that encourages substantial...

Nigeria 2018 Energy

Rig Utilization Strategy

Ministry of Energy and Natural Resources, Nigeria

This strategy focuses on providing the necessary incentives that will lower the barrier for entry and encourage Nigerian companies to venture into rigs contracting and if need be providing the appropriate guarantees that will ease...

Nigeria 2018 Energy

INEC Framework For Voting By Internally Displaced Persons (Idps) 2018

Independent National Electoral Commission, Nigeria

This document highlights guidelines necessary for the 2011 general elections. It outlines the date of elections, allocation of voters to polling units (Pus) and voting Points (VPs), polling station officials, accredited polling/party agents and accredited...

Nigeria 2018 Democracy and Governance

June 9, 2022

Political Parties, Presidential Candidates and the Electoral Act 2022 

The Electoral Act 2022 seeks to update and standardize Nigeria’s elections. The introduction of technological changes such as an electronic database of registered voters and an electronic transmission system of votes is a welcome improvement. Restricting political appointees' involvement in the election process is also a step in the right direction. However, there is a fundamental issue with the new act — its endorsement of the indirect primary process.

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