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Vol 37 No 18

Published 6th September 1996


Go East, young man

General Abacha's new enthusiasm for things eastern is beginning to pay commercial and diplomatic dividends

Increasingly, it seems that General Sani Abacha is drawing his political and business inspiration from the East. By bringing Malaysian, South Korean and Chinese companies into the country, his advisors believe they can more effectively counter Western pressure on the regime. They think it may also help Abuja strike a harder bargain with Western oil companies which are now reviewing their position in Nigeria. Abacha personally encourages Nigerian business people and diplomats to do business with the East. Yet some in the Nigerian establishment fear that his oriental enthusiasms could go badly wrong and drive away old established businesses.

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