Government and business relationship in nigeria africa

Foreign relations of Nigeria - Wikipedia

government and business relationship in nigeria africa

A publication by the Federal Military Government, Four Years of the Relations with other African states constituted the cornerstone of Nigerian foreign . May 16, African Journal of Management and Administration, Volume 6, Number 3, This paper investigates government - business relations in Nigeria. with the government of South Africa, as the many South African companies doing business in Nigeria has unproved trade relations between. Nigeria and.

Nigeria has an embassy in Luanda. Benin has an embassy in Abuja and a consulate-general in Lagos. Nigeria has an embassy in Cotonou. Burkina Faso has an embassy in Abuja.

Nigeria has an embassy in Ouagadougou. See Cameroon-Nigeria relations A long-standing border dispute with Cameroon over the potentially oil-rich Bakassi Peninsula was resolved by a decision by the International Court of Justice which granted Cameroon ownership of the region and the signing of the Greentree Agreement which led to the withdrawal of Nigerian troops from Bakassi in and complete administrative control being taken over by Cameroon in August Cameroon has a high commission in Abuja and a consulate-general in Calabar.

See Chad—Nigeria relations Nigeria's economic austerity campaign produced strains with neighbouring states, including Chad. Nigeria expelled several hundred thousand foreign workers, mostly from its oil industry, which faced drastic cuts as a result of declining world oil prices.

At least 30, of those expelled were Chadians.

government and business relationship in nigeria africa

Despite these strains, however, Nigerians had assisted in the halting process of achieving stability in Chad, and both nations reaffirmed their intention to maintain close ties. Chad has an embassy in Abuja and a consulate in Maiduguri.

Nigeria has an embassy in N'Djamena. Central African Republic has an embassy in Abuja. Nigeria has an embassy in Bangui. Nigeria has an embassy in Abidjan. DR Congo has an embassy in Abuja. Nigeria has an embassy in Kinshasa. Egypt has an embassy in Abuja and a consulate-general in Lagos.

Nigeria has an embassy in Cairo.

  • Business and Government Relations in Africa

Ethiopia has an embassy in Abuja. Nigeria has an embassy in Addis Ababa. Equatorial Guinea has an embassy in Abuja and consulates in Calabar and Lagos. In addition, Nigeria gave aid and technical assistance to several African states, often through the African Development Bank of which it was a major benefactor. Under it, young Nigerian professionals served in other African, Caribbean, and Pacific countries where their expertise was needed.

Nigeria also provided scholarships and fellowships, training facilities, grants, equipment, and medical supplies, and subsidized oil during the s' oil crisis to African countries under certain conditions. In Julythe Gowon government decided to sell crude oil at concessionary rates to African countries on condition that they had their own refineries and would not re-export to third countries.

The decision came despite Nigeria's role as an Organization of the Petroleum Exporting Countries OPEC member generally in favor of higher prices and after more than two years of deliberations. Nigeria acted largely in response to external pressures: Providing subsidies for African countries was a safe move for Nigeria because Africa comprised only a small portion of the country's total oil export market, it enhanced Nigeria's position and influence in Africa while building African solidarity, and it protected security interests by preventing economic decline.

In NovemberBabangida suggested that Nigeria might again offer concessionary prices to other African countries as the Middle East crises pushed oil prices upward. Relations with Major Powers During the Gulf crisis that began with Iraq's invasion of Kuwait in the summer of and that marked the end of the Cold War and the beginning of a coalition, Nigeria kept a low profile.

It did not send troops to engage in the Persian Gulf war but continued to be an active supporter of UN policy. Buying the bulk of Nigeria's crude oil, the United States was Nigeria's most important trading partner. Until the civil war, Nigeria had had no significant relationship with the Soviet Union and Eastern Europe.

Foreign relations of Nigeria

Since then, ties with the Soviet Union had increased, although they remained minimal in comparison with ties to the West. Nigeria's other major trading partners were Japan and the EEC, from which it continued to obtain loans and aid. Although Nigeria has always leaned toward the West, the closeness of the relationship has varied. Nigeria's Western ties were originally strongest with Britain, its former colonial ruler.

The special relationship, which lasted until the coup, led Nigeria to side with Britain on most issues. After the coup and the civil war, the new Nigerian leaders were less favorable toward Britain, especially after Britain took a position of neutrality in the civil war, refused to sell arms to the federation and ignored the blockade against Biafra.

Nigerian leaders also were rankled by Britain's support of white-dominated governments in southern Africa. Several Nigerian groups pressured the new government to weaken ties with Britain as the only way to true independence.

At times, more verbal and symbolic damage was done to Nigerian-British relations for Nigerian popular consumption than was true in reality.

government and business relationship in nigeria africa

Throughout the Cold War, the United States and the Soviet Union were interested in Nigeria because of its size, population, economic and military potential, and, especially for the United States, its oil. From toNigeria was very cool toward the United States.

The two countries took opposing positions over southern African liberation. Nigerians were angered by proBiafran propaganda in the United States and by America's refusal to sell arms to the federation during the civil war. United States involvement was even suspected by Nigeria in the assassination of Murtala Muhammad. In Jimmy Carter became president, and Nigerian relations with the United States suddenly changed.

Nigeria - FOREIGN RELATIONS

The United States recognized Nigeria as a stabilizing force in Africa and was willing to consult with Nigeria on African issues. The two governments appeared to have similar interests in southern Africa. The special relationship had a weak basis, however, depending mostly upon continuing agreement and cooperation over southern African issues.

Once Ronald Reagan replaced Carter as presidentthe countries again had divergent interests in southern Africa. Just as the balance of trade was not expected to shift dramatically with the opening of Eastern Europe so, too, Nigeria's political position was not expected to change greatly. In a time of shifting world coalitions, a position of nonalignment with a leaning toward the West provided more options for Nigeria than ever.

Business and Government Relations in Africa - CRC Press Book

Events in southern Africa, including Namibia's independence and the opening of debate for eliminating apartheid in South Africa, removed the largest obstacles to closer relations with the United States without excluding the Soviet Union or other leading powers. Relations with International Organizations Nigeria played active roles in various international organizations and vied for positions in them.

Former military head of state Obasanjo also had become a recognized world statesman and spokesman on African issues. The importance that Nigeria placed on international organizations grew out of a striving for peace and international cooperation. Nigeria played an initiating role in the creation of both organizations and was active in both thereafter.

Although Nigeria's positions on various issues have changed over the years, its level of activity in international organizations has increased.

In Nigeria initiated a Concert of Medium Powers, more widely known as the Lagos Forum, to facilitate multilateral cooperation and to enable member states to exert greater collective influence on world affairs. Forum members included Sweden, Austria, Zimbabwe, and Egypt. The initiative, which could be seen as an effort preceding the end of the Cold War, seemed to collapse, however, after its initiator, Boleji Akenyemi, was removed as minister for external affairs in More about the Government of Nigeria.