Lagos
Nigeria
Sector
Forestry & Paper
The Lagos State Government is offering investors the opportunity to invest in particle board manufacturing by using saw dust.
The recycling of wood products is high on the state government's agenda because it made a commitment to conserve 50% of the forest reserves in Lagos.
Particle board, sometimes called chip board, is an engineered wood product manufactured from wood particles, such as wood chips, saw mill shavings and saw dust, and a synthetic resin or other suitable binder, which is pressed and extruded.
Around 35 000 logs are sawn daily in two mills and the saw dust there is currently not being utilised.
Market
Lagos State has close to 18 million people and it the biggest market in Nigeria. Due to urbanisation, the demand
for wood and furniture products is increasing daily.
Investment Opportunities
Investors have the opportunity to invest in the following areas of particle board manufacturing:
The state government is offering the following modes of investment:
For further information on opportunities and investment promotion in Nigeria contact the Nigeria Investment Promotion Commission (NIPC)’s One Stop Investment Centre (OSIC) at osicinfodesk@nipc.gov.ng
