That Nigeria is the giant of Africa can not be overemphasized. PRESIDENT J. F. Kennedy of the United States of America (USA) at Nigeria’s independence in 1960, referring to Nigeria, said “a new nation is born in Africa that has the resources and power to rise to our USA level in 15 to 20 years.” He added: “Let’s give them a unique birthday gift.” The country is making all preparations towards becoming one of the top twenty economies of the world by the year 2020. Africa has always looked on Nigeria to establish an industrial base founded on micro, small and medium scale enterprises.
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