Industry / Nigeria
BMG Investment A Promising Sign For Improving Business Environment
October 2011 | Industry NewsTurkish vehicle producer BMG has agreed to work with ABG Nigeria to set up a vehicle production plant in Nigeria. After meeting with the Turkish company to discuss technology sharing, Nigerian Trade and Investment minister Samuel Ortom spoke of improving the business environment for the industry, in order to better serve incumbent investors as well as attract new ones. Nigeria currently lies in last place in BMI's Industry Risk/Reward Ratings for the Middle East and Africa autos sector and its plummeting vehicle production levels support this
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