Hope For Nigeria

Atiku Abubakar 's presidential campaign donated $ 100 million to the victims of the pipeline explosion last week. As a result, life and wealth were lost in the Umuaduru and Umuimo communities of Abia 's Osisioma Ngwa committee. former[...]

President Obasanjo's government works to transform the image of the world into Nigeria. Fearing political instability, many foreign companies are reluctant to invest in Nigeria. Mr. Obasanjo hopes foreign investors will come to Nigeria to strengthen the recession of the country if Nigeria can shape the image of a stable country. The World Bank and the International Monetary Fund (IMF), in cooperation with Nigeria, formulate economic policies to revitalize the national economy.

When Nigeria entered the hopeful world, my father's generation got countless opportunities. This hope is not realized. Japan fell into a police state ... regime was suppressed. Nigeria has experienced a long-term recession caused by devaluation, which is consistent with a periodic decline in crude oil prices. Our leaders may be given for lack of insight into the oil market, but our government's innocence is our real problem. Our leaders mistakenly believe that devaluation promotes direct investment (FDI) in authoritarian countries. In our history as an independent country, Nigeria has not demonstrated its political or economic stability. The Nigerian became poverty overnight and could not show anything. Nonetheless, the rest of the world really benefited and between 1985 and 1986 the price of Nigerian oil (petroleum in the dollar-denominated international spot market) fell by more than half

Nigeria has undergone a major change since 1988. But in many ways it does not change. For example, Nigeria is now a democracy, but it is not yet a major investment destination today. About $ 4.6 billion down from $ 840 million in 2011, Foreign direct investment in Nigeria (net inflow) in 2014, live in less than 82% of the Nigerian $ 4 days. Nigeria ranks Rank of Perpetuity International's Corruption Recognition to 136th place; 169/189 Nigeria ranks places in the World Bank's ease of doing business index and Nigeria I do not have enough transportation infrastructure (roads, railways, airlines etc) to support. Prosperous logistics business; Nigeria produces about 5,000 MW of electricity to more than 174 million people (the electricity produced in Romania is four times that of about 20 million people).