Книга: OWOLABI ODEKUNLE «Securitisation of Nigeria``s Future Oil Receivables»

Securitisation of Nigeria``s Future Oil Receivables

Производитель: "LAP Lambert Academic Publishing"

Nigeria, a developing economy with huge population and economic potentials, is currently struggling with failed infrastructure and the current financial need for Nigeria``s infrastructural development is put at between US$10 and $15 Billion annually. The infrastructure decay has been a major factor responsible for the high cost of doing business in Nigeria. Securitisation is a financing technique which involves the process of converting cash- generating assets into securities to be offered to investors. Sovereign and sub-sovereign entities in both developing and developed countries have adopted and used securitisation as alternative vehicle for accessing finance to solve their capital development needs and it has remained a veritable tool for accessing cross- border finance especially in times of global financial crises. Nigeria is Africa``s largest producer of crude oil and with it current reserve of over 36 billion barrels, can effectively fund her ... ISBN:9783843389990

Издательство: "LAP Lambert Academic Publishing" (2011)

ISBN: 9783843389990

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