Nigeria is Africa's largest oil producer & exporter. It is also the 10th largest oil producer in the world accounting for more than 2.2 million barrels a day in 2011 and it had 37.2 billion barrels of proven oil reserves the same year. Despite all this oil wealth, Nigeria is still considered as a third world country.Nigeria is 923,768 km² in size and has a population of 174.5 million people. It's annual defense budget averages $3 billion dollars and Nigeria's military was recently ranked as the 36th most powerful in the world by Global Fire Power 2013. The Nigerian Armed Forces have around 100,000 active soldiers serving in the army, air force and navy.
Based on recent data from Global Fire Power, Nigeria's land forces are armed with 363 tanks, 48 self-propelled guns, 1,407 armored fighting vehicles, 120 portable anti-tank weapons, 300 portable mortar systems, 680 towed artillery pieces, 6000 logistical vehicles.
Nigeria's air force has a total of 294 aircraft and 84 helicopters. Its armed with Chinese Chengdu F-7 fighter jets, German & French made Dassault-Dornier jets and Russian Mil Mi-24 helicopter gun ships.
Nigeria's military hardware is not impressive. 363 tanks only is a small number for the world's 10th largest oil producer. The army should be having at least 500 if not 1000 tanks, the air force should be flying F-15's not Chinese made jets. Only the Navy makes an impression because of the frigates & corvettes but still it should be sailing submarines and destroyers in the waters of the Atlantic ocean.