Reviewed Investor’s Guide 2006

January 21, 2006 Publications Reviewed Investor's Guide 2006

Reviewed Investor’s Guide 2006

You can download the Reviewed Investor’s Guide 2006 (PDF)  or you can browse through by clicking on any of the sections listed below: Contents Nigeria: the investment magnet of Africa Favourable Political Environment Conducive Investment Environment Privatisation: fast channel to the Nigerian economy AUTOMOBILE SECTOR IRON & STEEL SECTOR AVIATION SECTOR OIL & GAS SECTOR POWER […]

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January 14, 2006 Reviewed Investor's Guide 2006

Investor’s Guide 2006 – Nigeria: the investment magnet of Africa

Africa’s most populous Country The Federal Republic of Nigeria is located in West Africa and shares common borders with Niger Republic (north), Chad (northwest), Cameroon (east), Republic of Benin (west), while its southern region is bounded by the Atlantic Ocean.  With a land mass of 923,768 sq. km (356,669 sq. miles), and an estimated population […]

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January 13, 2006 Reviewed Investor's Guide 2006

Investor’s Guide 2006 – Favourable Political Environment

The Political System Nigeria’s democracy is based on a federal form of government comprising the executive, legislature and judiciary as defined by the Constitution of The Federal Republic of Nigeria 1999 (“the Constitution”). Executive powers are vested in the President who is the Head of State and presides over the Federal Executive Council, while legislative […]

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January 12, 2006 Reviewed Investor's Guide 2006

Investor’s Guide 2006 – Conducive Investment Environment

Investment Promotion A liberal framework for investment is set by the Nigerian Investment Promotion Commission Act 1996, which permits 100 per cent foreign ownership of Nigerian companies in most sectors, except those activities determined by the executive arm of the Government such as the production of arms and military wear. The NIPC Act formally protects […]

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January 11, 2006 Reviewed Investor's Guide 2006

Investor’s Guide 2006 – Privatisation: fast channel to the Nigerian economy

The privatisation of the Public Enterprises is one of the important elements of Nigeria’s economic reforms through which the hitherto commanding heights of the economy are being transferred to the private sector. The key strategies of the privatisation programme include: –       Market the right public enterprises to the right strategic investors with the appropriate financial […]

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January 10, 2006 Reviewed Investor's Guide 2006

Investor’s Guide 2006 – AUTOMOBILE SECTOR

INTRODUCTION The automobile industry in Nigeria dates back to early 1960’s when private companies like UAC, Leventis, SCOA, BEWAC and R.T. Briscoe pioneered the establishment of auto assembly plants using imported semi-knocked down components (SKD). Government became involved in the industry between 1970-1980 when it concluded agreements with a number of Automobile plants in Europe […]

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January 10, 2006 Reviewed Investor's Guide 2006

Investor’s Guide 2006 – IRON & STEEL SECTOR

SECTOR DATA The Macro-environment: Steel is accepted worldwide as the bedrock of industrialization for any Nation. This industrial base hinges on a well-developed iron and steel industry that would produce such industrial raw materials as: Cast Iron (different categories) Rods and bars (both high tensile and mild steel varieties) Wires (in all its verifications) Structural […]

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January 10, 2006 Reviewed Investor's Guide 2006

Investor’s Guide 2006 – AVIATION SECTOR

SECTOR DATA THE MACRO-ENVIRONMENT The Federal Ministry of Aviation is responsible to the Government of the Federal Republic of Nigeria for all matters concerning Civil Aviation.  The Minister of Aviation is in charge of Policy formulation and overall management of Aviation Industry   SCOPE OF BUSINESS FOR PRIVATE INVESTORS The following are some of the […]

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January 10, 2006 Reviewed Investor's Guide 2006

Investor’s Guide 2006 – OIL & GAS SECTOR

SECTOR DATA Nigeria is one of the world’s major oil & gas producers. Currently, the country’s oil & gas reserves are conservatively estimated at 26 billion barrels and 157 trillion cubic feet, respectively.  4 giant deepwater fields, Bonga, Erha, Agbami and Akpo representing six billion barrels of additional oil reserves, recently came on stream in […]

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January 10, 2006 Reviewed Investor's Guide 2006

Investor’s Guide 2006 – POWER SECTOR

OVERVIEW OF THE POWER SECTOR Electricity supply in Nigeria is currently being undertaken by the National Electric Power Authority (NEPA), established by Decree No. 24 of 1st April 1972, with the amalgamation of Electricity Corporation of Nigeria (ECN) and Niger Dams Authority (NDA). From a combination of hydroelectric dams, coal and gas power generating sources, […]

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