The economy of Benin remains underdeveloped and dependent on subsistence agriculture and cotton. Cotton accounts for 40% of GDP and roughly 80% of official export receipts. There is also production of textiles, palm products, and cocoa beans. Maize (corn), beans, rice, peanuts, cashews, pineapples, cassava, yams, and other various tubers are grown for local subsistence. Benin began producing a modest quantity of offshore oil in October 1982. Production ceased in recent years but exploration of new sites is ongoing. A modest fishing fleet provides fish and shrimp for local subsistence and export to Europe. Formerly government-owned commercial activities are now privatized. A French brewer acquired the former state-run brewery. Smaller businesses are privately owned by Beninese citizens, but some firms are foreign owned, primarily French and Lebanese. The private commercial and agricultural sectors remain the principal contributors to growth.

Benin ⁱ/bɨˈniːn/ (formerly, Dahomey), officially the Republic of Benin, is a country in West Africa. It is bordered by Togo to the west, by Nigeria to the east and by Burkina Faso and Niger to the north. A majority of the population live on its small southern coastline on the Bight of Benin. The capital of Benin is Porto-Novo, but the seat of government is in Cotonou, the country's largest city. Benin covers an area of approximately 110,000 square kilometers (42,000 sq mi), with a population of approximately 9.05 million. Benin is a tropical, sub-Saharan nation, highly dependent on agriculture, with substantial employment and income arising from subsistence farming.

The official language of Benin is French, however, indigenous languages such as Fon and Yoruba are commonly spoken. The largest religious group in Benin is Roman Catholicism, followed closely by Islam, Vodun and Protestantism. Benin is a member of the United Nations, the African Union, the Organisation of Islamic Cooperation, South Atlantic Peace and Cooperation Zone, La Francophonie, the Community of Sahel-Saharan States, the African Petroleum Producers Association and the Niger Basin Authority.

Goodluck Ebele Azikiwe Jonathan, GCFR, BNER, GCON (born 20 November 1957) is the 14th Head of State and current President of Nigeria. Prior to his role as President, he served as Governor of Bayela State and Vice President of the Federal Republic of Nigeria. Jonathan is a member of the ruling People's Democratic Party (PDP).

Jonathan was born in what is now Bayelsa State to a family of canoe makers. Jonathan holds a B.S. degree in Zoology in which he attained Second Class Honours. He also holds an M.Sc. degree in Hydrobiology and Fisheries biology, and a Ph.D. degree in Zoology from the University of Port Harcourt. After earning his degree, he worked as an education inspector, lecturer, and environmental-protection officer, until he decided to enter politics in 1998.

Jonathan and his wife, Patience, have two children. He is a Christian and comes from the Ijaw ethnic group.

Former President Umaru Yar'Adua died on 5 May 2010. Goodluck Jonathan was sworn in as Yar'Adua's successor on the following day, becoming Nigeria's 14th Head of State, to serve until the next election, in 2011, at which time he could elect to run again, which he has done. Upon taking office, he cited anti-corruption, power and electoral reform as focuses of his administration. He stated that he came to office under "very sad and unusual circumstances".

Dr. Thomas Yayi Boni (born 1 July 1952) is a Beninese banker and politician who has been President of Benin since 6 April 2006. He took office after winning the March 2006 presidential election and was re-elected to a second term in March 2011. Since January 2012, he has also been Chairperson of the African Union, having been elected at the 18th Ordinary Session of the Assembly of the Union.

Boni was born in Tchaourou, in the Borgou Department in northern Benin, then the French colony of Dahomey. He was educated in the regional capital, Parakou, and later studied economics at the National University of Benin. He studied banking at Cheikh Anta Diop University in Dakar, Senegal, and later economics and politics at the University of Orléans in France and at Paris Dauphine University, where he completed a doctorate in economics in 1976.

From 1980 to 1988 Boni worked for the Central Bank of the States of West Africa (BCEAO), becoming its Deputy Director, based in Dakar. In 1988 he became Deputy Director for Professional Development at the West African Centre for Banking Studies, also in Dakar. From 1992 to 1994 he worked in the office of the President of Benin, Nicéphore Soglo, in charge of monetary and banking policy. Finally in 1994 he was appointed President of the West African Development Bank (BOAD). For his work on West African development he was appointed Chevalier de l'Ordre National de Mérite of the French Republic.