ONLY IN NIGERIA IS OUR STORY even POSSIBLE. THE 17 th NIGERIAN ECONOMIC SUMMIT NOVEMBER 10, 2011. OPPORTUNITIES & CHALLENGES. Weak institutions and high level of bureaucracy Pervasive corruption Weak investor confidence Insecurity Large infrastructural gaps and challenges.
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THE 17th NIGERIAN ECONOMIC SUMMIT
NOVEMBER 10, 2011
THE BAD - HISTORY
In January 2001, a telecommunications company wins bid for mobile license in Nigeria at a cost of $285 million
In 1962, first brewery outside of Ireland and Great Britain built at Ikeja, Lagos
Regulatory Approval in Progress
The first major Nigerian-produced and directed movies were made in the 1960s by Ola Balogunand Hubert Ogunde
*Source: World Bank study, Ismail Radwan & Pierre Straus