Nigerian Ports Authority in Cross River State, Calabar is the home of the Eastern Naval Command of the Nigerian Navy. Port facilities are located 55 nautical miles up the Calabar River. Delta Port, Rivers Port and Onne Port are located in the petroleum and natural gas producing Niger River Delta region of Nigeria. Delta Port in Delta State includes the ports of Warri, Burutu, Sapele and petroleum terminals at Escravos and Forcados. The Rivers Port Complex in coastal Rivers State comprises Port of Port Harcourt, Okrika Refined Petroleum Oil Jetty, Haastrup/Eagle Bulk Cement Jetty, Kidney Island Jetty, Ibeto Jetty, Macobar Jetty and Bitumen
Commodity currency Commodity currency A commodity currency is a name given to some currencies that co-move with the world prices of primary commodity products, due to these countries' heavy dependency on the export of certain raw materials for income. Commodity currencies are most popular in developing countries (eg. Burundi, Tanzania, Papua New Guinea). However developed countries like Canada and Australia can also have this type of currency. For example, the Canadian Dollar grows stronger, the higher the price of soybeans and oil because these are Canada's two major commodities. In the foreign exchange market, commodity currencies generally refer to the Australian dollar,