• Short Summary

    Foreign investors can look forward to an improving climate for investment in Nigeria following recent government actions and based on the country's enormous natural resources, according to the Chairman of the Nigerian Development Bank.

  • Description

    Foreign investors can look forward to an improving climate for investment in Nigeria following recent government actions and based on the country's enormous natural resources, according to the Chairman of the Nigerian Development Bank. Chief Olu Akinkugbe was addressing Expo Africa '78, the first international Lagos Conference on Trade and Technology.

    SYNOPSIS: The Lagos Conference on Trade, Technology and Training attracted delegates to the Nigerian capital from all parts of Africa as well as from Asia and Europe.

    It was a showplace for European manufacturers, but the conference was also a forum for discussion of Nigeria's economic problems.

    Nigeria's inflation is running at more than thirty percent a year and last year, while imports grew by forty-two percent, exports rose only twenty-two percent. But the Chairman of the Nigerian Development Bank, Chief Olu Akinkugbe spoke optimistically of the future.

  • Tags

  • Data

    Film ID:
    VLVA6VBLX9BI62F305APSSGWMIXWH
    Media URN:
    VLVA6VBLX9BI62F305APSSGWMIXWH
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    28/11/1978
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:46:00
    Time in/Out:
    /
    Canister:
    N/A

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