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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

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 Forward

Foreward

"As the most populous
nation in Africa with the
greatest endowments
and potentials, an
investment in Nigeria is
helping to translate our
dreams to reality".

 

Since Nigeria's return to democracy in 1999, successive governments have placed great emphasis on the promotion of Foreign Direct Investments. This has positively affected our growth rate and opened our economy to competition and increased productivity in many areas. As a nation with focus on complete integration with the International Business Community along with the benefits of globalisation, we have continued to push for increased global investments into Nigeria.

We have set for ourselves a goal of being one of the twenty most developed economies by the year 2020 and are conscious of the challenges that come with this. Our population is steadily increasing which implies that we must reach out to the world to develop our potentials and complement what the various tiers of government are able to achieve. We are also aware of our deficits in some key areas such as Infrastructure and Human Capital. We require huge resources to develop our Agriculture, Oil and Gas, Manufacturing, Solid Minerals, Tourism and Services potential. My government has instituted a Transformation Agenda part of which is the search for genuine development partners globally. This publication enunciates in some detail this Transformation Agenda and how the International Business Community can key in through partnership with our highly skilled entrepreneurs in Nigeria to the benefit of all parties.

While we may have some security challenges, it is part of the crisis of development encountered by all nations that are in the process of transformation. Our history as a nation is however replicate with courage and how we have demonstrated capacity to resolve our internal crisis and forge ahead stronger and more united. My government has equally been resolute on dismantling all barriers that hinder the promotion of Foreign Direct Investments. The Ministry of Trade and Investment was recently mandated to champion and coordinate all issues related to this. With renewed vigour and in cooperation with other Government Ministries, Departments and Agencies, a new tempo of activity has begun with more positive signs for the future.

As the most populous nation in Africa with the greatest endowments and potentials, an investment in Nigeria is helping to translate our dreams to reality. It is a move in the right direction. We have strengthened our Investment protection laws, moved positively in checking corruption and improved the quick dispensation capacity of our judiciary. Our array of incentives including tax rebates and holidays are attractive. The elections of May 2011 which were globally acknowledged as being the most credible in Nigeria's history points to our determination to move away from our past and embrace global standards.

Reading this publication and taking positive steps towards investing in Nigeria will bring you in contact with the reality of the great opportunities we have and what it holds out for you. I welcome you heartily to Nigeria where you will experience the hospitality of our people. Be part of our sunshine and our bio-diversity from our Mangroves to our Rain Forest; our beautiful Savannah and our Desert land. Mingle with Nigerians to enjoy our medley of traditional festivals.

Everything Nigerian is unique.  Enjoy our Cuisines and Couture.

 

Welcome to Nigeria! – A land of Great opportunities and the world's greatest culture

 

Dr. Goodluck Ebele Jonathan GCFR.
President, Commander-in-Chief of the Armed Forces,
Federal Republic of Nigeria.

November 2011.

 

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