Nigeria population

You have reached the limit of premium articles you can view for free. Already have an account? Get expert, on-the-ground insights into the latest business and economic trends in more than 30 high-growth global markets. Produced by a dedicated team of in-country analysts, our research provides the in-depth business intelligence you need to evaluate, enter and excel in these exciting markets. With a population of over 218.5m as of July 2022, Nigeria boasts Africa’s largest consumer market, with retail being a key contributor to GDP second only to oil. The presence of formal retail outlets has undergone notable expansion since the turn of the century, and more space is set to come on-line in 2023. However, informal retail establishments still dominate the sector. Issues such as inflation, currency instability and oil price volatility have proven recurring impediments to sectoral and broader economic growth due to their impact on consumer purchasing power and GDP. The effects of the Covid-19 pandemic exacerbated these issues, with expendable income dropping for large sections of the population. These factors contributed to a shift in consumer habits, with essential purchases like food, medicines and clothing significantly outstripping demand for non-essential purchases. However, with a population the UN forecasts to become the third-largest globally by 2050, the mediumto long-term outlook for Nigerian retail looks promising. The return of footfall in the country’s malls to pre...

The implications of such a massive increase could be both positive and negative. On the one hand, if managed properly, population growth could boost the economy to new heights. On the other hand population density inevitably leads to controllable yet exasperating factors like pollution and congestion. At the very least, this data demonstrates Nigeria’s ability to adapt. Every time there are more people to service, the country manages to find new ways to service them. This is not to ignore the flagrant mismanagement of the country’s resources and wealth as a result, but to highlight the country’s ability to evolve rather than stagnate or worse, decline, in the face of adversity. More production output: An increase in population would mean that the country has more need to produce. Fortunately, Nigeria is blessed with tremendous natural and, most importantly, human resources. The past decade has seen an astronomical increase in the country's tech-driven solutions. Tech integration in agriculture, finance, and oil has sped up and improved the production of goods for both domestic and foreign trade. This is thanks to the synergy of Nigeria’s innovative minds and the natural wealth in its lands. Brain drain fix: An increase in the number of people in the country would ensure that there are enough creative minds to service the country, even after some may have migrated. Currently, there is a massive brain drain in Nigeria owing to the country’s economic climate. But with more pe...

Countries country dropdown • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Political context Nigeria is a multi-ethnic and culturally diverse federation of 36 autonomous states and the Federal Capital Territory. The political landscape is partly dominated by the ruling All Progressives Congress party (APC) which controls the executive arm of government and holds majority seats at both the Senate and House of Representatives in parliament, and majority of the States. General Elections to elect a new President, Federal and State Legislators and Governors were held in February and March 2023 and President Muhammadu Buhari will have completed his second term in office on May 29, 2023. Since 2011, the security landscape has been shaped by the war against Boko Haram and other terrorist groups in the northeast in addition to incessant cases of banditry and kidnappings in the north-west and parts of the southwest. The southeast continues to witness unrest resulting from separatist agitations. Economic ov...

Characteristic Number of inhabitants 1950 37,859,748 1955 41,086,100 1960 45,138,458 1965 50,127,921 1970 55,982,144 1975 63,374,298 1980 73,423,633 1985 83,562,785 1990 95,212,450 1995 107,948,335 2000 122,283,850 2005 138,865,016 2010 158,503,197 2015 181,137,448 2016 185,960,241 2017 190,873,244 2018 195,874,683 2019 200,936,599 2020 206,139,589 2021 211,400,708 2022* 216,746,934 • Basic Statistic Population in Africa 2020, by country • Basic Statistic Population of Nigeria 1950-2022 • Premium Statistic Forecast population in Nigeria 2025-2050 • Basic Statistic Population growth in Nigeria 2021 • Basic Statistic Largest cities in Nigeria 2022 Age structure and life expectancy • Basic Statistic Maternal mortality rate in Africa 2017, by country • Premium Statistic Death rate in Nigeria 2021 • Basic Statistic Main causes of death in Nigeria 2019 • Basic Statistic Main causes of infant mortality in Nigeria 2019 • Basic Statistic Infant mortality rate in Nigeria 2021, by gender Poverty • Basic Statistic Population of the Faroe Islands 2022, by municipality • Premium Statistic Number of people living in Toulouse, France 2019, by gender • Premium Statistic Saudi Arabia's population in Madinah by gender and nationality 2018 • Premium Statistic Number of people living in Marseille, France 2019, by gender • Premium Statistic Saudi Arabia's population in Eastern Province by gender and nationality 2018 • Basic Statistic Distribution of the population living in Marseille, France 20...

What are the causes of overpopulation in Nigeria? How does the country deal with demographic and social issues? Overpopulation is a complex problem that is caused by many factors of both social and cultural nature. Keep on reading to find out the causes and consequences of this global problem. What is overpopulation? Overpopulation is defined as a particular condition due to which the number of people on a definite area is so dense that it causes environmental declension, a population crash or deterioration of the quality of life. Causes of overpopulation in Nigeria Population growth may become a severe problem for a country, which has a lack of natural resources to cater to the needs of its inhabitants. According to the research, by the end of 2018, the population of Nigeria will increase to 199,805,437 people. The population density, defined by another analysis, is 210.7 people for one square kilometer. Read also Nigeria's social problems in Nigeria and possible solutions Numerous studies show that Nigeria’s demography is a growing type. Its main regulatory mechanisms are the high level of mortality and fertility. They depend on a low level of health care and education. However, on the background of general prosperity and the change of generations, one couldn’t miss noticing that Nigeria still belongs to overpopulated countries. READ ALSO: Population of Nigeria by states What are the key causes and effects of overpopulation? Here are the factors that stimulate overpopula...