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Crude oil, coal, tin, columbite, palm oil, peanuts, cotton, rubber, wood, hides and skins, textiles, cement and other construction materials, food products, footwear, chemicals, fertilizer, printing, ceramics, steel, and petroleum are the major industries of Nigeria.

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9y ago
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11y ago

Nigeria's largest economic sector is oil production. The country relies heavily on fossil fuel production, so much so that it is often considered a classic example of the "resource curse". 25% of the economy is devoted to agriculture, and Nigeria is the largest producer of agricultural goods in Africa. Nigeria is also the fourth-largest manufacturer in Africa, mostly working in light industry. There is a growing banking sector, although restrictive central bank policy means that a significant fraction of banking activity takes place in the shadow economy.

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14y ago

your cool

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Q: What industries does Nigeria specialize in?
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