This study presents a broad analysis of the effects of population and domestic product on Nigeria’s economy from 2003 – 2012. The aim of this work is to identify a regression model which could explain the impact of high Population of Nigerians on their economy. The result of the analysis revealed that the variables considered accounted for over 90% of the variation on the explanatory variable, indicating that the variables could be used to measure the economic status of Nigeria based on this study.  The result of the analysis therefore calls for the attention of those in government to provide options which could help improve the economy at a high level. Furthermore, this research work could aid in predicting gross domestic product using these factors.

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