1 NIGERIAN NAIRA = 0.006648 U.S. DOLLARS
Their economy is based on agriculture and mining. Agriculture employs about two-thirds of Nigerian workers. The development of oil industry has made mining the fastest-growing part of the economy since the late 1960's.
Back in the 1960's mining accounted for only 2 percent of the value of economic production, but today it accounts for 70 percent of the value of production. The credits from oil exports provides the government with its chief source of income.
