Nigeria and the World Bank agencies to tackle specific issues in low and middle income countries. Since then, Nigeria has partnered up with the IDA, specifically built to help low income countries and give out loans for very low interest rates, and the IBRD. Nigeria is currently the most populated country in Africa and it’s also the biggest oil exporter and in addition to this it is has the second biggest economy in Africa. All of these qualities make it a country with great economic potential, but Nigeria also faces great development challenges. It's not until 1999 that a democratic regime finally took over Nigeria
Organized crime in Nigeria groups, operating in more than 80 countries of the world and are established on all populated continents of the world. Their most profitable activity is drug trafficking, though they are more famous for their financial fraud which costs the US alone approximately US$1 to 2 billion annually. Organized crime in Nigeria Organized crime in Nigeria may refer to a number of fraudsters, drug traffickers and racketeers of various sorts originating from Nigeria. Nigerian criminal gangs rose to prominence in the 1980s, owing much to the globalization of the world's economies and the high level of lawlessness already in the country.