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Nigeria- A good Global Investment Destination

Sun, 7 October 2012 21:04
by Jemima Beukes
Business

 

Why You Should Invest in Nigeria….
Nigeria is by far the largest consumer in Africa with approximately 150 million inhabitants.
Investors can take advantage of this market while working towards developing their export markets.
Nigeria is home to biggest and richest opportunities and Africa most vibrant market, making it a viable location for international investment.
Nigeria is home to a strong, vibrant and well regulated Capital market.
Commitment of Government to the right of investors.
Abundant resources: Nigeria has enormous resources, most of which are yet to be fully exploited. They include mineral, agricultural and human resources.
Large market: Nigeria offers the largest market in Sub Sahara Africa, with a population of about 150 million people. The Nigerian market potential also stretches into the growing West Africa Sub-region.
Political Stability: Nigeria Offers stable political environment.
Free Market Economy: the government has created a favourable climate for business and industrial ventures. Administrative and bureaucratic procedures have been greatly streamlined. The government has put in place policies and programmes that guarantee a free market economy.
 Robust private sector: the country has dynamic private sector, which has assured greater responsibilities under the new economic environment.
Free flow of Investment: Exchange control regulations have been liberalised to assure free flow of international finance. There is no unrestricted movement of investment capital.
Attractive Incentives: A comprehensive package of Incentives has been put in place to attract investment.
Fast growing financial sector: there is well-developed banking and financial sector. The investor has essay access to working capital and other credit facilities.
Skilled and Low Cost Labour: there is an abundance of skilled labour at an economic cost, resulting in production costs which are among the lowest in Africa.
Infrastructure: Rapid development of physical and industrial infrastructure in terms of transportation, communications, electricity and water supply.