Nigeria 's
Potential
Nigeria is the second largest economy in sub-Sahara after South
Africa. Significant investment opportunities exist in telecommunications,
power (especially generation), oil and gas, and manufacturing. Nigeria
follows a market oriented economic development strategy. All forms
of market-based reforms have been introduced and more inducements
to both domestic and foreign private investments have been provided.
Over the past six years, the Nigerian government has pursued a policy
of trade liberalization -- making the operating environment for businesses
less rigid and more friendly to foreign investors; and privatization
-- allowing private ownership of previously government-owned operations.
As a result, many opportunities for global business operators have
been created in Nigeria .
Nigeria 's economic climate is one that offers huge potential for
investors, whether large multinational corporations or small businesses. |