Transcorp will help economy in both Nigeria and all of Africa

Transnational Corporation of Nigeria or Transcorp is quickly developing into a key factor for economic growth in Nigeria, and all of Africa. Nigerian President, Obasanjo said that the need for a functional platform for the projection of Nigeria's economic growth and the potentials that it possesses was the key reason for the establishment of this project. Transcorp was started in Nov. of 2004 as part of the response to the economic reforms being undertaken by the Obasanjo administration. its main design was to mobilize Nigeria's capital on a very large scale for investment projects with foreign investors. Obasanjo launced transcorp in July of 2005 and left it open for all Nigerians to invest in it. This is a very important oppurtunity for Nigerians and all Africans in the case of mobilization. It is said that all of Africa's problems start with the government's that run the respective countries. But now you have a President willing to help out not only his nation but the continent economicly, and the chance to move just a bit closer to modernization is there. Transcorp is a very positive and important element of Nigeria and Africa moving closer to modernization.