Nigeria Black Market Value: $1.69 Billion
World Average: $15.54 Billion
Click on the market value to see source.
Data on Nigeria
Top Ivory Trade Countries in 2009
According to the WWF, Nigeria, the Democratic Republic of the Congo and Thailand are the three top countries in 2009 that were involved in the selling of elephant ivory.
Source: “Worry over ivory trade increase,” WWF, November 17, 2009.
- No Comments »
- Tags: Nigeria, Thailand, wildlife smuggling | November 17th, 2009
Over 500 people kidnapped in Nigeria in first half of 2009
According to Nigeria’s Police Affair Minister, over 500 people were abducted in kidnap and ransom cases in the first 6 months of 2009.
The ransom demands range between $700,000 to $3 Million, although negotiations usually bring down the actual payments.
- No Comments »
- Tags: kidnap and ransom, Nigeria | October 28th, 2009
Kidnappers in Nigeria earned over $100 million over two years
Kidnappers in Nigeria were able to generate over $100 Million in ransom payments from 2006 to 2008.
Source: Gilbert de Costa, “Police Implicated in Nigeria Kidnapping,” VOA News, September 24, 2009.
- No Comments »
- Tags: kidnap and ransom, Nigeria | September 24th, 2009
Oil Theft losses in Nigeria
Nigeria loses up to $1.5 billion a year to oil theft and illegal smuggling.
Source: Benoit Faucon, “Niger Delta’s Oil Theft More Sophisticated,” Dow Jones Newswire, February 27, 2009.
- No Comments »
- Tags: gas and oil smuggling, Nigeria | July 17th, 2009
55 million barrels of oil lost in Nigeria each year
Up to 55 million barrels of oil is lost in Nigeria each year to theft or smuggling. The illicit activity of stealing oil and selling it on the black market is known as “bunkering”.
Source: AFP, “Organized crime plundering West Africa: UN,” Google News, July 7, 2009.
- No Comments »
- Tags: gas and oil smuggling, Nigeria | July 8th, 2009
Price of Marijuana in Africa
Price is in US Dollars, and represents the typical price of Marijuana in Africa.
| Country | Wholesale Price (per kilogram |
Retail Price (per gram) |
| Egypt | 35.5 | 2.7 |
| Kenya | 96.9 | 0.2 |
| Nigeria | 20 | 0.2 |
| South Africa | 22.7 | 0.1 |
Source: UNODC, “World Drug Report 2009: Section 3.4 Prices, pages 215 to 234,” June 2009.
- No Comments »
- Tags: Egypt, Kenya, Marijuana Black Market, Nigeria, South Africa | June 26th, 2009
Price of Cocaine in Africa
Price is in US Dollars and represents the typical price of Cocaine in Africa.
|
Country |
Wholesale Price |
Retail Price |
|
Egypt |
62,179.2 |
78.7 |
|
Kenya |
NA |
31.3 |
|
Nigeria |
19,610 |
32.5 |
|
South Africa |
NA |
35.4 |
Source: UNODC, “World Drug Report 2009: Section 3.4 Prices, pages 215 to 234,” June 2009.
- No Comments »
- Tags: cocaine, Egypt, Kenya, Nigeria, South Africa | June 26th, 2009
Price of Heroin in Africa
Prices are in US Dollars and represent the typical price of heroin in Africa.
| Country | Wholesale Price (per kilogram) |
Retail Price (per gram) |
| Kenya | 16,145.4 | 1.9 |
| Egypt | 14,212.4 | 11.5 |
| Libya | 39,370.1 | NA |
| South Africa | NA | 25.5 |
| Zimbabwe | NA | 27.1 |
| Nigeria | 20,780 | 26.4 |
Source: UNODC, “World Drug Report 2009: Section 3.4 Prices, pages 215 to 234,” June 2009.
- No Comments »
- Tags: Egypt, heroin, Kenya, Libya, Nigeria, South Africa, Zimbabwe | June 26th, 2009

