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The economic of Nigeria

Nigeria has three main environmental regions: savanna, tropical forests, and coastal wetlands. These environmental regions greatly affect the cultures of the people who live there. The dry, open grasslands of the savanna make cereal farming and herding a way of life for the Hausa and the Fulani. The wet tropical forests to the south are good for farming fruits and vegetables—main income producers for the Yoruba, Igbo, and others in this area. The small ethnic groups living along the coast, such as the Ijaw and the Kalabari, are forced to keep their villages small due to lack of dry land. Living among creeks, lagoons, and salt marshes makes fishing and the salt trade part of everyday life in the area.

Nigeria is the most populous country in Africa, the eighth most populous country in the world, and the most populous country in the world in which the majority of the population is black. The population growth rate is 3.16%. The economy of Nigeria is one of the fastest growing in the world. It is the third largest economy in Africa. It is a member of the Commonwealth of Nations. The life expectancy for the total population of the Nigerian people is 55.98 years, with 54.69 years for males and 57.3 years for females.