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Agriculture

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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Manufacturing

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

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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
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A land of great opportunities

Agriculture

AGRICULTURE

The wealth of a nation is partially measured by its ability to guarantee its citizenry food security.In the year 2004 alone, the country spent over US$4billion importing food that could otherwise have been grown locally. Top on the list of current imports are the following:-

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Power

There are eight power plants with a combined installed capacity of over 6,000 MegaWatts (MW) owned by the Federal Government of Nigeria.

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Telecommunication

Telecommunications is an essential tool in modern business but in Nigeria, it was a luxury until five years ago. The State owned Telecommunications Company (NITEL) in its 100 years of existence had only 400,000 lines out of which 300,000 were fully deployed. Nigeria had one of the lowest tele-density rates in the world.

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Steel

AJAOKUTA STEEL COMPANY

The Ajaokuta Steel Company was established in 1979 with the aim of operating an integrated steel plant. The plant never became fully operational even though work reached more than 98% completion. Expenditure was in excess of US$5billion on the plant and infrastructure on 24,000 hectares of land.

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Manufactural

Manufacturing in Nigeria concentrates mainly on the production of consumer goods. With a population estimated today at over 156 million and catering for almost the entire sub-regional market of West Africa, the sector represents a very viable support for agriculture if properly harnessed.

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