• Short Summary

    A large number of foreign-owned small businesses and industries have been banned in Nigeria. The?

  • Description

    A large number of foreign-owned small businesses and industries have been banned in Nigeria. The ban, announced by the military Government last month, affects concerns where the fixed capital is under GBP200,000 Nigerian (GBP17,000 Sterling), and where less than 40 per cent of the capital is owned by indiginous Nigerians. On the banned list are 26 types of industry and businesses, ranging from all retail trade and most light engineering to internal air transport and shrimp trawling. The ban has been made, according to the Government, to enable Nigerians to have a greater share in the country's economy.

  • Tags

  • Data

    Film ID:
    VLVACZPXD7YHH24TFU7S4P4ZLP2FR
    Media URN:
    VLVACZPXD7YHH24TFU7S4P4ZLP2FR
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    04/07/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:05:00
    Time in/Out:
    /
    Canister:
    N/A

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