Africa Special Report: The delta force

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  • Any UK Law firm wanting to conduct business with their counterparts in Nigeria should tread with caution, given the level of corruption and in particular fraudulent activity that has gone on in the past. Unless you understand their language and culture, the risks are very high. A thorough risk assessment is required. The US dept of State in country report and the UK Border in country reports should be reviewed regularly.

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  • I was dissapointed to read the anonymous comment posted on 9 April 2009 at 10:53pm.
    Fraudulent activity and corruption does exist in Nigeria - but it goes without saying that this kind of illegal activity is a worldwide phenomenon - one only needs to mention the Bernard Madoff case in the US which shows that corruption and fraud is an ever present feature in the West. Would that stop the writer from supporting an investment initiative in the US? That said I should also point out that it is not simply a matter of understanding the language and culture in Nigeria as the writer puts it. Nigeria is a diverse country where more than 400 languages are spoken. As such it is more a matter of working cooperatively with Nigerians in the common lingua franca which is English. Nigeria is an emerging economy with lots of potential and is likely to be included with SouthAfrica on the GEMEX index. So please be cautious - I am sure others will be glad to take advantage of this brilliant opportunity. Others will gain from what I am sure will be your loss!

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  • I had worked in Nigeria and other States of Africa, I strongly agree that Nigeria has a tremendous potentials in legal market. I think the opportunities are there if you dare to take the risk. The people are hospitable, educated and well travelled. Like any countries Nigeria despite of its wealth has its share of poverty and corruption. That does not mean you stop from jumping in such a great opportunity. Nigerian people dream of a good government, but they always had been ruled by corrupt leaders...

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  • An excellent article. We are based in The Gambia and are developing relationships with Law firms in the UK, Netherlands and Norway.

    The reference to the Bernard Madoff case highlights that there are good and bad business practices and opportunities wherever you are.

    West Africa may have a bad reputation but things are changing.

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