By TradeInvestNigeria Staff
Nigeria
Sector
Manufacturing
Since 1999, Nigeria's consumer and industrial products and services sector has shown considerable growth, which has been largely driven by the private sector. The manufacturing sector is expected to play a major role in the country's diversification programme, and the government has put in place attractive incentives for investors to participate in the sector.
Investment opportunities
Investors in the following areas have the opportunity to establish profitable ventures in Nigeria:
• Industries in agro and agro-allied sub-sectors including fruit and vegetable processors, cereal milling, feed mills and vegetable oil processing.
• Industries which support food production programmes through local manufacture of chemicals, equipment and light commercial vehicles in particular, and chemical as well as petrochemical based manufacturing industries.
• Industries with multiplier effect
such as flat sheet mills and machine tools industry including foundries and engineering industries for spare parts production.
• Basic industries and petrochemical and liquidified natural gas projects in which the government seeks private partnerships.
• Processing of minerals
• Investment in research institutes particularly in the area of adaptive research and commercialization of local inventions.
Manufacturing for export
The following activities have been identified as potentially viable for the export market
• Agricultural produce processing: food and beverages
• Textiles: textiles, apparel, leather and products of leather
• Wood: furniture
• Paper: paper products
• Iron, steel and non-ferrous metals
• Fabricated metal products
• Consumer durables
For further information on this
opportunity contact TradeInvestNigeria at infonigeria@gan.co.za
