NIGERIA: 1BLN BOND TO UNDERPIN CARMAKING SECTOR

Pubblicato il 18 agosto 2010 16:00 | Ultimo aggiornamento: 18 agosto 2010 16:00

The Nigerian government is considering the possible issue of a billion euro bond to underpin the carmaking sector. The initiative should not simply apply to incentivising the acquisition of new vehicles, but should also aim to increase national car production, thus creating new jobs and diversifying the local economy.