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In page Foreign relations of Nigeria:

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Due to mismanagement of its economy and technology, Nigeria announced that it was launching a nuclear programme of "unlimited scope" of its own but failed. After the Nigerian Independence in 1960, Nigeria demonstrated its seriousness in improving the economy for the people and embarked on nationalizing some multi-national companies that traded with and broke the economic/trade embargo of the apartheid South African regime, the local operations of Barclays Bank was nationalised after that bank ignored the strong protests by the Nigeria populace.[citation needed]