Law Commons^™

The Foreign Investment Climate In Nigeria, Bernard Blankenheimer

Vanderbilt Journal of Transnational Law

Foreign investment in Nigeria requires careful planning and attention to local requirements. For those investors willing to take the necessary time and effort the opportunities offered can be rewarding. The prospective American investor must inform himself of political, economic, and social conditions. He must adapt himself to dealing with Africans and must try to understand their social and cultural patterns and their historical evolution. In the past this was desirable, but not essential, since business contacts were predominantly European. Today it is critical.

Invitations by Nigerians for joint projects involving public participation need not be regarded as an overriding obstacle …

Nigeria: Still Safe For U.S. Investors?, Jerome F. Donovan

Vanderbilt Journal of Transnational Law

Doing business in Nigeria has never been easy. Delays and frustrations are commonplace. Coupled with recent political changes, these formidable considerations may dissuade many potential investors from entering Nigeria. Nigeria, however, has an important role in international economics, which is sure to increase in significance. Thus, American businessmen may find that they cannot afford to ignore Nigeria, despite their inclination to do so. Nigeria's government has taken positive and far-reaching steps to encourage and protect foreign investment in order to better meet the country's economic, social, and political needs. Innovative American businessmen sensitive to local needs can certainly find their …