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President’s absence will blunt Nigerian foreign policy

Wednesday, August 2, 2017


Nigeria's foreign policy priorities


Nigeria’s foreign policy priorities are shaped by four key drivers: counterterrorism operations against Boko Haram; diversification of the economy away from oil; infrastructural development; and promoting local industrialisation in line with the Nigeria Industrial Revolution Plan (NIRP). However, the absence of ill President Muhammadu Buhari risks obscuring broader diplomatic goals.


  • The United States is likely to remain the largest foreign investor in Nigeria in the near term -- despite growing Chinese investment.
  • Despite diversification plans, oil export revenue will be the country’s main foreign exchange earner in the short-to-medium term.
  • Tensions over the detention of the Shia Islamic Movement in Nigeria (IMN) leader are unlikely to lead to a break in Iran-Nigeria relations.

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