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From Rediscover Nigeria desk

  AGRICULTURE   The wealth of a nation is partially measured by its ability to guarantee its citizenry food security.In…

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From Rediscover Nigeria's Desk

Manufacturing in Nigeria concentrates mainly on the production of consumer goods. With a population estimated today at over 156 million…

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Nigeria! Overview

About rediscovernigeria! >> About us

From Rediscover Nigeria's Desk

Tourism in Nigeria has huge potentials to be a major foreign exchange earner. The Obasanjo administration has created awareness among…

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Nigeria's Resources

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Nigeria's total verified external debts as at December 2010 was US$4.578 billion as against US$3.947 billion in 2009. Total scrutinized…

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Rediscover Nigeria Preface


The Ministry of Trade and Investment of the Federal Republic of Nigeria has received a mandate to be the coordinating vehicle driving the Nigerian economy for the promotion of sustainable growth. It is therefore essential that my team should promote economic expansion through wealth creation along with the development and implementation of policies that will enable Nigerian experience a transformation from a public sector led into a private sector driven economy.

Foreign Direct Investment plays a critical role in the development of nations. Fine tuning our Investment incentives and removing all legislation that hinder the smooth flow of Investment and promotion of world trade through fair practices is engaging 0ur attention. With the experience of other nations, we have a rich reservoir to draw from in ensuring that Investments in Nigeria are fully protected and geared towards the critical sectors for which Nigeria has a great comparative advantage. Prospective Investors will find more of this particularly in Agriculture and Agro-industries along with Solid Minerals development for industrial and domestic consumption and export. Government is determined to de-regulate the downstream of petroleum industry to give bigger opportunities for investors in the petrochemical sector. Proposals for green field refineries are coming in and more are welcome.

The launching of our “Road map for Power Sector Reform” which aims at removing all the inhibitions to private sector Investment in Power infrastructure is a signal of our seriousness in attracting genuine investment into an area of deficit. The gradual removal of subsidies in the fuel-to-power sector, gas which is abundant in Nigeria will be available to potential investors who choose the construction of gas pipelines and gas driven power Infrastructure as areas of interest.

The achievements recorded in Nigeria in the ICT sector are tremendous. Our teledensity now stands at above 63 per 100. This is a giant leap from 0.4 that it was about 10 years ago. With internet access at just about 24 million people in a nation of about 156 million, the potentials of this market are still more than 70% untapped. We are zealous about creating a Technology driven economy with its obvious advantage. Nigeria is a nation the world should crave to explore. Renowned Archaeologists date our documented civilization to about 3,000 years. Beyond this is the depth and diversity of our culture which gives the various peoples who make up our Country a very rich heritage.

The opportunities available in our Tourism sector are numerous. With a coast line of about 823km, 8 National Parks with diverse and some endemic flora and fauna species in addition to a vista of Traditional festivals, knowledge about the world may not be complete without a visit to Nigeria.

In this publication, you will find a guide to various opportunities that exist for business. Also specified are an array of incentives we have packaged to make your investment decisions easier.

I therefore commend this publication to all who genuinely wish to join us in Nigeria as development partners.


Olusegun Aganga.

Minister of Trade and Investment,
Federal Republic of Nigeria.

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