Nigeria's major export commodity is petroleum, also known as crude oil.
Petroleum is a fossil fuel that is formed from the remains of plants and animals that died millions of years ago. It is a valuable resource that is used in a wide range of applications, including transportation, power generation, and manufacturing.
In Nigeria, petroleum was discovered in the 1950s, and it has since become the country's major export commodity, accounting for a significant portion of the country's revenue. Nigeria is one of the largest oil producers in Africa and one of the top oil exporters in the world.
The oil industry has had a significant impact on Nigeria's economy, providing employment opportunities and contributing to the country's economic growth. However, there have also been concerns about the environmental impact of oil exploration and the management of the revenue generated from the industry.
In summary, Nigeria's major export commodity is petroleum, which is a valuable resource used in various industries. The discovery and production of oil have had a significant impact on Nigeria's economy, but there are also challenges and concerns associated with the industry.