Features

The Federal Government of Nigeria in its determined efforts to develop and promote tourism into an economically viable industry had in 1991 evolved a tourism policy. The main thrust of the policy is to make Nigeria a prominent tourism destination in Africa, generate foreign exchange, encourage even development, promote tourism-based rural enterprises, generate employment, accelerate rural-urban integration and foster socio-cultural ...

MAJOR INDUSTRY POLICIES Introduction Under the Petroleum Act of 1969 as amended, the entire ownership and control of oil and gas in Nigeria (including under its territorial waters and continental shelf) is vested in the state of Nigeria. The ownership of oil and all minerals in Nigeria is further reinforced under section 40(3) of the 1979 constitution of the Federal ...

In the modern times, mining has established itself as a buyer’s market. Various regions throughout the world, including China, Australia, Europe, South Africa, and Canada, are all doing extremely well in this industry, with a major chunk of investments being directed by companies into these areas. However, another region which seems set to join these locations is Nigeria, a country ...

There are tremendous opportunities in this sector also, and government has invested heavily in the generation of vital information on minerals? Outstanding among these are coal, gypsum, barytes, kaolin and talc. Nigeria has one of the best quality coal deposits in the world with the lowest sulphur content. The names, location, quantity and possible industrial exploitation of some solid minerals ...

The priority area of industrial investment which are favoured in the administration of government industrial incentives are those described here-below: (i) Industries which can either immediately or in a few years time source their raw materials locally e.g. in the agro and agro-allied sub-sectors for which there are abundant natural resources in Nigeria, including food preparations, e.g. fruit drinks, cereal ...

 The New Nigerian Agricultural Policy Nigeria is a food-deficit country that on occasions has been dangerously dependent on food imports for the welfare of its people. Its agricultural sector has ceased to be an important contributor to foreign exchange earnings, even its contribution to employment has declined. This situation had not always been so and in fact, Nigeria used to ...

Abundant Resources: Nigeria has enormous resources, most of which are yet to be fully exploited. They include mineral, agricultural and human resources. Large Market: Nigeria offers the market in sub-Saharan Africa, with a population of about 140million as officially declared by the government.   The Nigerian market potential also stretches into the growing West African sub-region. Political Stability: Nigeria offers stable ...

What makes the UK Europe’s leading investment destination for companies relocating and developing their global business? We look at 20 of the top reasons setting the UK apart from other countries. The easiest place to set up and run a business in Europe: The World Bank found that it takes 13 days to set up a business in UK, compared ...

This guide is for people who are thinking of buying a property to rent with a ‘buy-to-let’ mortgage and who may have little or no previous experience of investing in the private rented sector. It is not intended as a detailed guide; if you are thinking of purchasing a buy-to-let property you should seek expert advice on legal, tax, financial and ...

“I am the basis of all wealth, the heritage of the wise, the thrifty and prudent. I am the poor man’s joy and comfort, the rich man’s prize, the right hand of capital, the silent partner of many thousands of successful men. I am the solace of the widow, the comfort of all age, the cornerstone of security against misfortune ...