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
Ghana–Nigeria relations to Ghana, which the PNDC hailed as a watershed in Ghana–Nigeria relations. Subsequent setbacks that Babangida initiated in the democratic transition process in Nigeria clearly disappointed Accra. Nonetheless, the political crisis that followed Babangida's annulment of the results of the June 1993 Nigerian presidential election and Babangida's resignation from the army and presidency two months later did not significantly alter the existing close relations between Ghana and Nigeria, two of the most important members of ECOWAS and the Commonwealth of Nations. After the takeover in November 1993 by General Sani Abacha as the new Nigerian head of state, Ghana and