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About Nigeria

Country Profile

Since 1999 and the return to democracy, the Federal Republic of Nigeria has entered something of a new golden age, finally laying to rest the demons of the past. In April 2007, the first civilian handover of power in the country’s history saw President Umaru Musa Yar’Adua come to power. Under Yar’ Adua’s predecessor, Olusegun Obasanjo, the government of the African giant had begun to implement some much-needed reforms, in an attempt to move the country’s economy away from its dependence on oil and reduce corruption.
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History & Culture

History & Culture

The state of Nigeria came into existence on January 1, 1914 when Britain merged the Protectorate of Northern Nigeria, and the Protectorate of Southern Nigeria, which contained Lagos, to form the Colony and Protectorate of Nigeria. Britain had annexed Lagos in 1861, the Protectorate of Southern Nigeria between 1885 and 1894, and the Protectorate of Northern Nigeria in 1903.

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Politics

Politics

In 2007, Nigeria moved further down the path towards a mature democracy, with the first handover of power from one elected civilian to another. The election of President Umaru Musa Yar’Adua after almost a decade of civilian rule by Olusegun Obasanjo was not without its flaws, but was a step forward in confirming the stability of its nascent democracy.

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Economy

Economy

Nigeria is the most populous country in Africa, with more than 148 million residents and an economy that is second in size only to South Africa's. The World Bank estimates its gross domestic product at USD165,690 billion in 2007.

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