What was apparent was the huge increase in the number of made in Nigerian processed goods that were being sold in this store; From locally produced rice to well packaged ready to use tomato stew, dried fruits and also cassava chips.
Besides, the markets and traditional financial institutions were generally averse to lending for the long-term as such lending would be characterized by uncertain outcomes. Facing such a scenario, several governments in Europe and East Asia decided to establish institutions specifically to cater to the requirements of financial resources for long term developmental efforts. 2  BIS central bankers’ speeches  International experience 10.