
from
EIU World Investment Service45 page (20046 word) report
published Nov 22, 2009
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EIU World Investment Service
...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...
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| Source: | World Investment Data and Forecast
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| Country: | Nigeria
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| Free Sample: |
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| Format: | | PDF |  |
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Essential support for all your foreign investment decisions. World Investment Service features a detailed database containing flows of investment by country and industry, overseas mergers and acquisitions and business costs. The service covers the world's 60 largest economies and provides detailed analysis on political and economic background, business environment, foreign investment regulations and trends in foreign investment.