Nigeria is the most populous country in Africa, with a total population of 201 million, accounting for 16% of the total population of Africa. It is also the largest economy in Africa. In 2013, Nigeria’s gross domestic product (GDP) was US$509.9 billion. Nigeria is a country with large energy resources in Africa and the largest oil producer and exporter in Africa. As of 2014, oil reserves rank second in Africa and tenth in the world; natural gas reserves rank first in Africa and eighth in the world; 34 of the 76 proven minerals have commercial exploitation value.
Nigeria’s political situation and social development have been generally stable since the implementation of democratically elected politicians.