Nigeria is a regional hegemony. The country maintains the 4th most robust military power in Africa. In the fight against terrorism in sub-Saharan Africa, it continues to receive both technical assistance and military funding from the West and from its neighbors that have succeeded in bringing down terrorists in the past, such as the Republic of Chad.
Nigeria is also member to several international, regional, and sub-regional organizations, which include the United Nations ("UN") and several of its special and related agencies, World Trade Organization ("WTO"), the Non-Aligned Movement, African Union ("AU"), The Commonwealth of Nations, Organization of Petroleum Exporting Countries ("OPEC"), International Maritime Organization and other organizations. It is also a member of the Economic Community of West African States ("ECOWAS"), which seeks to harmonize trade and investment practices for its West African Member countries and ultimately to achieve a full customs union. Nigeria has also consistently committed itself to the cause of peacekeeping.
Nigeria has entered into Bilateral Investment Treaties ("BITs") and Double Taxation Treaties ("DTTs") with a number of countries with aim of encouraging foreign investment and fostering economic cooperation between states.
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