nsumer prices): 15% (1998 est.)

Labor force: 42.844 million

Labor force--by occupation: agriculture 54%, industry, commerce,
and services 19%, government 15%

Unemployment rate: 28% (1992 est.)

Budget:
revenues: $13.9 billion (1998 est.)
expenditures: $13.9 billion, including capital expenditures of $NA
billion (1998 est.)

Industries: 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

Industrial production growth rate: 4.1% (1996)

Electricity--production: 13.78 billion kWh (1996)

Electricity--production by source:
fossil fuel: 60.94%
hydro: 39.06%
nuclear: 0%
other: 0% (1996)

Electricity--consumption: 13.74 billion kWh (1996)

Electricity--exports: 50 million kWh (1996)

Electricity--imports: 0 kWh (1996)

Agriculture--products: cocoa, peanuts, palm oil, corn, rice,
sorghum, millet, cassava (tapioca), yams, rubber; cattle, sheep,
goats, pigs; timber; fish

Exports: $9.7 billion (f.o.b., 1998)

Exports--commodities: petroleum and petroleum products 95%, cocoa,
rubber

Exports--partners: US 35%, Spain 11%, Italy 6%, France 6% (1997
est.)

Imports: $9.8 billion (f.o.b., 1998)

Imports--commodities: machinery, chemicals, transportation
equipment, manufactured goods, food and animals

Imports--partners: US 14%, UK 11%, Germany 10%, France 8%,
Netherlands 5% (1997 est.)

Debt--external: $32 billion (1998 est.)

Economic aid--recipient: $39.2 million (1995)

Currency: 1 naira (N) = 100 kobo

Exchange rates: nairas (N) per US$1--21.886 (December 1998),
21.886 (1998), 21.886 (1997), 21.895 (1995), 21.996 (1994)

Fiscal year: calendar year

Communications

Telephones: 405,100 (1995 est.)

Telephone system: average system limited by poor maintenance;
major expansion in progress
domestic: intercity traffic is carried by coaxial cable, microwave
radio relay, cellular network, and a domestic communications
satellite system with 20 earth stations
international: satellite earth stations--3 Intelsat (2 Atlantic Ocean
and 1 Indian Ocean); 1 coaxial submarine cable

Radio broadcast stations: AM 82, FM 32, shortwave 10 (1998 est.)

Radios: 17.2 million (1998 est.)

Television broadcast stations: 1 (government-controlled)

Televisions: 6.1 million (1998 est.)

Tra