How does Africa's largest oil economy compare to the US drug and prostitution trade?
Nigeria is by far Africa’s largest economy.
It is estimated to have a nominal GDP of $447 billion, nearly $100 billion more than the second-placed South Africa.
Billionaire investors such as Dangote have continued to invest in multiple industries, helping the country grow. His company is even building an oil refinery, and for that he has decided to buy this world’s largest regenerator, which was hauled to site using a trailer with 300 tires.
It has 190 million people and 110 million of them are in active working to build this economy. Of course, it is Africa’s largest oil producer.
Despite all this, the economy of Nigeria is still smaller than the drugs and prostitution industry of the USA, which is valued at $512 billion to $805 billion.
Different estimates have been made, but no matter which metric you choose, sex and drugs are big business in the U S of A.
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