Why these scores
EU Compliance, by dimension
1 = lowest risk · methodology & sources
Geopolitical Risk, by dimension
1 = lowest risk · methodology & sources
Attractiveness, by dimension
9 = most attractive · methodology & sources
Analyst scores, last reviewed June 2026; each dimension's sources and cadence are on its methodology page.
Data layers
The EU is Nigeria's #1 import source (world lens). Nigeria is the EU's #48 goods supplier.
Nigeria on the world stage
Total imports
$81.9bn
2024 annual
Total exports
$104.7bn
196 partners
#1 import source
China
11.7%
#1 export dest.
Spain
5.2%
2024 annual, UN Comtrade (HS TOTAL, all partners). Line colour: coverage (exports/imports per partner).
Nigeria and the EU
EU imports from
€17.8bn
0.7% of extra-EU
EU exports to
€8.0bn
0.3% of extra-EU
EU supplier rank
EU's #48 supplier
EU trade balance
one-sided
coverage 0.45
2025 annual totals, Eurostat COMEXT. EU trade board →
Electricity & grid
National sources · carbon from Ember
Industrial
131
EUR/MWh
Consumer
30
EUR/MWh, all-in
Grid carbon
508
gCO₂e/kWh
Renewables
21%
of generation
Wholesale 58 EUR/MWh · regulated market
Power market
● Conflict / governance collapseMarket model
Partially privatised single buyer
Direct PPA
Limited
grid access: limited
Reserve margin
–
Regulator
Independent
NERC (Nigerian Electricity Regulatory Commission)
14 GW installed but only ~4 GW delivered due to transmission collapse, NBET single-buyer insolvency (N4 trillion GenCo debt), and gas supply constraints despite being Africa's largest gas producer. The grid collapsed…
Tracked infrastructure
73 gas plants
10.4 GW · 7 building
7 coal plants
285 MW
1 wind farms
10 MW
1 solar farms
20 MW
4 hydro plants
2.6 GW
0 steel plants
capacity n/a · 1 building
4 coal mines
capacity n/a
Operating assets tracked by Global Energy Monitor (CC BY 4.0); counts are tracked facilities, not exhaustive totals. Energy overview →
Demographics
UN World Population Prospects 2024 · medium variant
Median age
17.9
→ 23.9 by 2050
Fertility
4.38
above replacement
Working-age
55.9%
aged 15–64
Old-age dep.
5.5
→ 7 by 2050
Median age 1990–2050
Population 233M · still growing past 2100
By 2050: +54% (359M)