“In Nigeria, we had these laws demanding that any foreign - TopicsExpress

“In Nigeria, we had these laws demanding that any foreign investor had to have a Nigerian partner. But that just dried up the capital flows. Now anyone can do business with anyone in Nigeria,” says Dangote. “If you want real economic empowerment, then you have to do this based on merit and increased access to the capital markets,” he said, adding, ”the whole world needs capital. If you make it difficult for me to invest in one country then i will move my capital somewhere else where it is easier to invest.” His formal speech to the South Africa-Nigeria Business Forum, included highlighting Nigeria’s two major strengths, which he stated were, ”One is that we are a nation of entrepreneurs and the second is a banking system that is locally owned and understands the risks of doing business in our country.” thecouchfool.blogspot/2013/08/the-stock-market-nightmare-economic.html