Taxonomy: Implementing Jurisdiction - Nigeria
Nigeria: Raised aged ceiling for the importation of used cars
Description
On 19 November 2010, the govenrment of Nigeria raised the age limit for the importation of used cars. Imported used vehicles may now be as old as 15 years, while prior to the change only a maximum age of 10 years was allowed.Nigeria: MDAs to give priority to local manufacturers in procurement
Description
The president of the Republic of Nigeria has directed all Ministries, Departments and Agencies (MDAs) to ensure that in every procurement related to vehicles, priority is first given to locally assembled plants in order to encourage local businessNigeria: Removal of import ban on various products
Description
With its clarifications of 27 January 2011, the government of Nigeria removed a range of items from its list of banned imports.Nigeria: Ban on importation of textile materials, vehicles and other products lifted
Description
The government of Nigeria has lifted the ban on the importation of textile materials and items such as toothpicks, furniture and cassava.Nigeria: Nigerian Oil & Gas Industry Content Development Act 2010
Description
Nigeria adopted an act which provides for the development of Nigerian content in the Nigerian oil and gas industry.Nigeria: Fund for restructing and refinancing loans to the manufacturing sector
Description
The Central Bank of Nigeria (CBN) as part of a N500billion power and real sector fund has given N200billion to restructure and refinance existing bank loans to the Nigerian SMEs (Small and medium scale enterprises) or manufacturing sector.Nigeria: Proposed bail-out of domestic airlines
Description
The Central Bank of Nigeria (CBN) as part of the N500 billion power and real sector fund has provided a bail-out to domestic airlines in the country. Domestic airline companies can take loans which are to be refinanced over a period of 10 (tNigeria: Buy Made-In-Nigeria campaign
Description
According to numerous and consistent press reports, the government of Nigeria has launched a "Buy Made-In-Nigeria" campaign on 13 October 2009.Nigeria: Deliberate devaluation of the Naira
Description
According to numerous and consistent press reports, the Central Bank of Nigeria has deliberately devalued the local currency at the end of 2008.Nigeria: Preference to local companies in new oil industry law
Description
The Nigerian Oil and Gas Industry Content Development Bill (2010) has been signed into law by the acting president Goodluck Jonathan.
