Contacts

92 Bowery St., New York, NY 10013

thepascal@mail.com

+1 800 123 456 789

Why Invest in Nigeria

The increasing attractiveness of Nigeria's investment climate and the growing confidence in the economy was brought about largely by the pragmatic economic reform agenda being implemented since 1999.

Nigerian economy

Overview

The increasing attractiveness of Nigeria's investment climate and the growing confidence in the economy was brought about largely by the pragmatic economic reform agenda being implemented since 1999. The reforms have resulted in transparency, accountability and openness in the way adoption businesses of liberal are transacted and market coupled oriented with reforms.

The private sector has been stimulated for increased participation while bureaucratic obstacles which hitherto hindered private sector participation and long term profitable business operations are being removed, resulting to growth in public private partnerships.

elements_02-2
elements_02-1

Main Features

Openness

Abolition of Restrictions

Diversification

Workforce

Natural Resources

Strategic Location

Openness, transparency and accountability in all transactions.

Abolition of restrictions on foreign ownership of business as well as cumbersome investment approval system.

To ensure efficient at market operations in the economy, Government is diversifying from most areas where the private sector is likely to do better.

Nigeria has both - trained and trainable, resourceful and cost effective work force at an economic cost.

To ensure efficient at market operations in the economy, Government is diversifying from most areas where the private sector is likely to do better.

Strategically located at the western coast of Africa, Nigeria is well placed for easy access for export to the rest of African countries, United States of America, Europe, and the Middle East. Nigeria also has direct freight access to North America and Europe.

Nigeria at a glance

Facts and Figures

Main Commercial Centre

Lagos State

Time Zone

GMT+1hr

Currency

Naira (

Federal Capital

Abuja

Area

924,000 sq. km

States

36 States  + Federal Capital Territory, Abuja

Climate

Tropical but vegetation changes progressively from the rain forest of the coastline to the Arid Sahel of the North. Rainfall decreases from 1,500mm in the South to 500mm in the North. Temperature rangers from 22° and 35°.

Population

More than 190 million people

Language

English is the official language. Hausa, Yoruba and Igbo widely spoken as major local languages

  • Solid infrastructure network including highway road, railway, sea and air ports and gas pipelines.
  • Access over 250mn potential consumers within the West African region and over 1bn consumers across the African continent.
  • Modern and comfortable lifestyle with modern, world standard and secure estates as well as relaxation/recreation spots across the country.
  • Modern healthcare and medical facilities equipped with state of the art equipment available and well-trained medical personnel.
  • Academic institutions with international curriculum.
  • Exciting tourism attractions, global hotel brands, modern shopping malls, restaurants with international cuisine, vibrant night life.