There has been an ageing desire for African states to unify themselves to push for a unified economy. Africa is blessed with an abundance of natural resources but Western nations seem to be major beneficiaries. The crude oil is exported out of the country, refined and returned to the country thereby devaluing the currencies of the continent. What impact will lifting visa restrictions have on the African economy? Should others like Nigeria 🇳🇬, South Africa 🇿🇦 and Egypt 🇪🇬 take a leaf from Kenya?
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What factors are responsible for Nigeria’s crude oil processing capacity outstripping its excess production capacity outside contractual export?
With the current state of Nigeria’s economy, the instability of the naira, insecurity and sudden government policies, one can be undecided or confused as to know which investment to focus on in Nigeria.
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