NIGERIA

Since in the 60s was discovered oil, the Nigerian economy went from agriculture and grazing, industrial. With 15.600 million barrels in oil reserves and more than 3 million m3 of natural gas, is one of the African countries that have developed. However, the strong dependence on oil and that this is in the hands of foreign companies means that there are serious social inequalities; while the majority of Nigerians live on less than a dollar a day, the king's throne room is golden purchased with oil money. The balance of payments is positive thanks to the export of crude oil through pipelines leading from the interior to the Atlantic ports. Also stresses the petrochemical, automotive and refineries. For the rest of productive activity, only some importance cocoa, which accounts for 50% of arable land and is intended in its entirety to export. Agriculture and livestock occupy 50% of the population but only if it can meet the domestic demand itself.