Republic of Nigeria

Federal Republic of Nigeria

Population: Approximately 240 million (2026 estimate)

GDP (Nominal): Approximately US$250–260 billion (2025 estimate)

GDP Growth: Approximately 3.5–4.0% (2026 forecast)

Total Area: 923,768 sq km

Agricultural Land: Approximately 77.7% of total land area

Forest Cover: Approximately 7.1% of total land area


Nigeria remains Africa’s most populous country and one of the continent’s largest economies. With an estimated population of approximately 240 million, the country represents one of the world’s largest consumer markets and possesses one of the youngest populations globally. As the largest economy in the Economic Community of West African States (ECOWAS), Nigeria continues to play a central role in regional trade, investment and political affairs.

Nigeria possesses abundant natural resources, including substantial reserves of crude oil, natural gas, limestone, bitumen, tin, gold and other strategic minerals. It remains Africa’s leading oil producer and holds one of the world’s largest proven natural gas reserves. The energy sector continues to generate a significant share...

Natural Rubber

Natural rubber is a vital agricultural commodity in Nigeria. The Federal Department of Agriculture first planted its rubber plot in 1906, and in between 1909 and 1917 about 2,160 ha of rubber trees were planted in Nigeria. From 1960s to the early 1970s rubber used to be the fourth most valuable Nigerian agricultural export commodity after cocoa, groundnuts and palm kernels. It has suffered a significant decline from its pre-eminent position in the seventies due to the emergence of the petroleum industry as a major contributor of the national economy.Natural rubber production in Nigeria is about 53,000 tonnes in 2017. Rubber is grown in Edo, Delta, Ondo, Ogun, Abia, Anambra, Akwa Ibom, Cross Rive, Rivers, Ebonyi and Bayelsa states. Tyre production facilities were closed-down and local consumption of natural rubber is confined to footwear sector now.

Synthetic Rubber

Currently there is no production of synthetic rubber in Nigeria.

Government & Other Agencies

Federal Ministry of Trade and Investment
Old Secretariat, Area 1 Garki, FCT, Nigeria
Tel:  +234 9062485444
E-mail: info@fmiti.gov.ng
Website: www.fmiti.gov.ng
Rubber Research Institute of Nigeria (RRIN)
Iyanomo, PMB 1049, Benin City
Bendel State
Tel: +234 52 244 625
Press Releases
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Association plans massive rubber plantation, urges FG's intervention
Calabar, Aug. 8, 2020 The National Rubber Producers, Processors and Marketers Association of Nigeria (NARPPMAN) has appealed to the Federal Government to enlist rubber as one of the cash crops to be developed in Nigeria. Mr Peter Igbinosun, President of the association made this known in an interview with Newsmen on Saturday in Calabar, Cross River. Igbinosun said that government intervention in robber production was paramount, considering its enormous by-products...
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Chinese imports from Nigeria increased by more than 70%
Chinese Ambassador to Nigeria, Zhou Pinjiang, has said that Chinese imports from Nigeria last year increased by more than 70%. The Envoy made this known during events to mark the Chinese New Year also known as Spring Festival, held on Saturday in Abuja. “China-Nigeria relations have been very productive and we face new opportunities to grow relations. There is the Forum of China Africa Cooperation (FOCAC) framework. “China and Nigeria...
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Nigeria’s economy will no longer depend on commodities
The Federal Government, yesterday, disclosed that it has began moving the economy away from dependence on commodities, stating that over the years, the country’s dependence on agricultural commodities and petroleum had not made much impact on the economy. Speaking in Abuja, Minister of Science and Technology, Dr. Ogbonnaya Onu, stated that the government was transiting the economy from dependence on commodities to a knowledge-driven economy. Onu stated this in Abuja,...