Learn the 3 reasons Why Nigeria is called Giant of Africa?

Nigeria, an African country on the Gulf of Guinea, has many natural landmarks and wildlife reserves. Protected areas such as Cross River National Park and Yankari National Park have waterfalls, dense rainforest, savanna and rare primate habitats.

One of the most recognizable sites is Zuma Rock, a 725m-tall monolith outside the capital of Abuja that’s pictured on the national currency.

Zuba Rock, Abuja.

The 1st is population.

You may have heard that 1 in 4 Africans is a Nigerian. That may no longer be factually correct. Current (2017/2018) estimates are Africa = 1.27bn, Nigeria = 195m. Ratio is 1.27bn/195m = 6:1. Roughly 1 in 6 Africans is Nigerian.

2nd reason is wealth.

Given a population that is hardworking, fantastic agriculture, unbridled drive to succeed and strong GDP, Nigeria was an economic superpower. In the 1970s and up to 1985, the currency was much stronger than the US dollar at an average of N0.65 kobo to N0.90k for USD 1. In 1986, Nigeria implemented the Structural Adjustment programme which required a reformation of the foreign exchange system as required by the IMF/World Bank et al, and things went downhill from then. In 1986 the FX rate declined to over N2 to USD1. In 1987 the decline doubled as the FX rate fell further to N4 to USD 1. Guess who benefited from this and who lost overall.

CMS, Lagos Island

The discovery of crude oil made Nigeria very rich and we were able to build strong infrastructure, Universities, Telecoms, TV, Arts (Nigeria hosted FESTAC 77), Music, Poetry and other literary works, national airline (Nigeria Airways) that was the best in Africa, sports (Nigeria dominated the All Africa Games for years) military, etc. We helped other countries in terms of food aid to famine ridden countries, resolution of internal conflicts and award of scholarships to Africans. Not so much now! Gone are the glory days of Nigeria. Corruption has brought the country to its knees today. Shame!!

3rd reason was and still is political influence.

This is tied to 2 above as the wealth made it possible for Nigeria to exert political influence in the world and at the UN, particularly independence for the rest of Africa through the OAU (now called AU). This enabled Nigeria to engage actively with the pan Africanism movement that swept across the continent. Nigeria was also very directly active in campaigns for the proscription of racism and apartheid in South Africa.

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