Report title: Nigeria: World Investment Service
from EIU World Investment Service
45 page (20046 word) report published Nov 22, 2009

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...Nigeria has a federal presidential system. The country passed a milestone on May 29th 2007 when, for the first time in its turbulent political history, power was successfully transferred from one civilian leader to another. Umaru Yar'Adua was subsequently sworn in for a four- year term as president of Africa's most populous nation. Faced with political discontent following the widely disputed elections, the new ruler formed a Government of National Unity (GNU), which is dominated by the ruling People's Democratic Party (PDP) and includes some other smaller parties. Although the PDP has comfortable majorities in both chambers of the National Assembly and controls most of Nigeria's 36 states, the Yar'Adua government has struggled to build the political structure to recapture the momentum of economic reform achieved under the preceding administration. The government has also been widely criticised for being slow in tackling Nigeria's myriad socio-political problems, particularly corruption...

Source: World Investment Data and Forecast
Country: Nigeria
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