Describe the legal environment of the country, making specific references to – the rule of law.

1. Describe the legal environment of the Nigeria, making specific references to– the rule of law (to what extent is Nigeria governed by law as opposed to arbitrary decisions of individual government officials)and– laws that govern foreign direct investment (for example, are there provisions to attract foreign direct investment, such as tax incentives, most-favored-nation treatment, dispute resolution fora; or provisions that restrict foreign direct investors such as high local content requirements or currency exchange restrictions).2. Discuss challenges and opportunities for American investors posed by the legal environment.