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JAMB Government 2009 Question 18

Question 18

Nigeria's Foreign Policy

Counter-trade was introduced by the government led by

  1. A.Abdulsalami Abubakar
  2. B.Olusegun Obasanjo
  3. C.Muhammadu Buhari
  4. D.Ibrahim Babangida.
Show the answer and explanation

Answer: C (Muhammadu Buhari)

Explanation

Buhari's regime (1984-85) bartered crude oil for imports (counter-trade) because of foreign exchange shortages.