Political Economy Summary
|Independence||1 October 1960|
|Head of State & Govt||H.E. Muhammadu Buhari|
|Minister of Foreign Affairs||Geoffrey Onyeama|
|Minister of Finance||Zainab Ahmed|
|Central Bank Govenor||Godwin Emefiele|
|Next National Elections Date||2023|
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Nigeria is a country in West Africa in the Tropics, where the climate is seasonally damp and very humid. Nigeria shares land borders with Benin to the west, Chad and Cameroon to the east, and Niger to the north. Its coast lies on the Gulf of Guinea in the south and it borders Lake Chad to the northeast.
The Nigerian coat of arms has a black shield with white lines that form a “Y” shape. The black shield represents Nigeria’s fertile soil. The shield is supported by two horses on each side representing dignity. Above the shield there are green and white bands which represent the rich soil. The eagle above the green and white bands represents strength.
The red flowers at the base are Nigeria’s national flower, costus spectabilis. This flower was chosen for inclusion on the coat of arms as it is found all over Nigeria and also stands for the beauty of the nation. The Nigerian national motto: Unity and Faith, Peace and Progress is written on the ribbon at the base of the coat of arms.
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