Nigeria seeks $10bn in annual long term investment

February 20, 2016

Nigeria wants to double long-term foreign investment to at least $10 billion annually as the economy of Africa’s biggest oil producer suffers under a plunge in crude prices and a shortage of foreign exchange, said Okechukwu Enelamah, the country’s trade minister. Enelamah is in talks with local and international investors to improve the West African.

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