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A Nigeria-Malaysia Business Council is existed between the countries. [4] In 2015, the trade value between the two stood at $766.8 million with Malaysia's main export to Nigeria comprising petroleum products, palm oil and palm based products, machineries and processed food while Nigeria's main export to Malaysia was liquefied natural gas, iron ore, metal scrap and agricultural goods. [5]
The Nigerian Investment Promotion Commission was established by the United Nations Conference on Trade and Development [6] through Chapter N117 of the Nigerian Investment Promotion Act of 1995, and later became a specialized agency of the Federal Government of Nigeria through Chapter N117 of the Nigerian Investment Promotion Act of 2004 [7] by the former President of Nigeria Olusegun Aremu ...
Nigeria Customs Service (NCS) Nigeria Deposit Insurance Corporation (NDIC) Nigeria Investment Promotion Commission (NIPC) Nigerian Export - Import Bank (NEXIM Bank) Nigerian Export Promotion Council (NEPC) Oil and Gas Free Zones Authority (OGFZA) Nigeria Export Processing Zones Authority (NEPZA)
Malaysia–Nigeria relations This page was last edited on 15 October 2019, at 23:00 (UTC). Text is available under the Creative Commons Attribution ...
The need for public institutions addressing environmental issues in Nigeria became a necessity in the aftermath of the 1988 toxic waste affair in Koko, Nigeria. [9] This prompted the government, led by President Ibrahim Badamosi Babangida, to promulgate Decree 58 of 1988, establishing the Federal Environmental Protection Agency (FEPA) as the country's environmental watchdog.
An indigenisation policy championed by bureaucrats and Nigerian businessmen [5] was pursued within the Federal Government's National Development Plan for 1970–74. [6] In February 1972, the Nigerian Enterprises Promotion Decree was promulgated to be effective in April 1974.
Furthermore, the Nigerian Export Promotion Council (Amendment) Decree No. 64 and 65 of 1992 was promulgated to enhance the performance of the Council. The Council is the leading Federal Government Agency charged with the responsibility of promoting non-oil export in Nigeria to diversify away from oil and build a formidable economy.
Nigeria is a federal republic in West Africa, bordering Benin in the west, Chad and Cameroon in the east, and Niger in the north. As of 2015 Nigeria has the world's 20th largest economy, worth more than $500 billion and $1 trillion in terms of nominal GDP and purchasing power parity respectively.