Wow we never knew!!! We got this from Lekki free zone development company. We can help if you want to invest in the country!!! 8 Key Drivers of Investment Opportunities in Nigeria
1). Abundant Natural Resources
Nigeria is endowed with significant agricultural, mineral, marine and forest resources that are needed for the production of goods and execution of services.
2). Investment Incentives
The Federal Government of Nigeria offer a number of investment incentives intended to stimulate foreign direct and internal investment. Some of these incentives are available across all sectors whilst others are industry specific
3). Policy Environment Supportive of Private Entrepreneurship
Nigeria's current industrial policy thrust is anchored on a guided dc-regulation of the economy and Government's dis-engagement from activities which are private-sector oriented, leaving Government to play the role of facilitator, concentrating on the provision of incentives policy and infrastructure that are necessary to enhance the private sector's role as the engine of growth.
4). Very Strong Financial System
Well developed banking and financial sector made up of 22 deposit money banks, 5 discount houses, over 700 microfinance banks, 101 primary mortgage banks, 108 finance companies, 1,621 bureaux de change operators and 5 development finance institutions. Sufficient access to working capital and other credit facilities.
5. Trainable, Resourceful and Cost Effective Workforce with 60% as Youths
Nigeria has an abundance of skilled labour at an economic cost, resulting in low production costs, among the lowest in Africa. Due to a massive expansion in the education sector in the last two decades, the coloration and quality of the Nigerian work force has changed to include a large corps of highly trained personnel in mechanical, civil, electrical, electronics, chemical and petroleum engineering and biotechnics.
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