Nigeria is the 24th largest economy, attracting 49 FDI projects, despite the fiscal crisis caused by the fall in the price of oil, which still accounts for over 80% of government revenue. As the government aim to reform the power and oil & gas sectors, economists have taken a positive stance. Expectations are high as President Buhari has confirmed the new cabinet that will aim to tackle the challenges of security and corruption regulations. Whilst supporting economic growth to create a positive business environment for investors.
The Business Council for Africa is hosting a briefing which will focus on the political, economic and commercial prospects in depth for the country in the New Year ahead.