Nigeria might be probably the most controversial international locations in the world. This country oftentimes, suffers immensely from exaggerated negative news regardless of the implausible and positive issues going for Nigeria.
On the adverse facet general insecurity of lives and property tops the list followed carefully by endemic corruption which is partially true, nevertheless, not every Nigerian is corrupt and corruption is turning into much less fashionable.
Extra on the negative aspect is how Nigeria ranks high amongst the most tough places to do business on planet earth. Steadily, Global Aggressive Index figures rank Nigeria low on ease of doing enterprise because of infrastructure decay, corruption and pink tapism.
Honestly, to run a enterprise in Nigeria takes loads of labor, sacrifice and sweat, however the place on earth would you discover 100 to 200% profit margins? Only in Nigeria. That’s the reason Large and Medium enterprises flock to take a position heavily in Nigeria.
Don’t even trouble to assume concerning the multinational oil and gas companies making a monumental pecuniary killing in Nigeria. These corporations while operating from Nigeria, export crude oil to their home international locations, refine and re-package deal finished petroleum products again to Nigeria. Imagine the large revenue margins accruing to the Western multinational oil and gas companies.
By way of Agricultural business, Nigeria is among the best locations on earth to speculate and I’ll inform you why.
70% of Nigerians residing in rural countryside are involved in Agriculture at subsistence levels. Nothing close to mechanized agriculture with the rural of us. Think. What if 5 or 10 or a hundred farmers could domesticate and tend 30 hectares every of cassava, maize, moringa or jathropha. Just Think about the wealth.
Maybe we should always mention this nice factor about Nigeria as a result of only only a few good chaps know the ample opportunities present in precious stones, gemstones, strong minerals, iron ores, bitumen, talc, magnesium ore, and much more in Nigeria. Everywhere you go governments are eagerly in search of substantial traders in this sector.
Nigeria is a very young multi cultural country which is actually getting higher by the day because of the Transformation Agenda of the President Goodluck Jonathan. Despite predictions of potential break up by the year 2015 Nigeria is actually waxing stronger and stronger by the day as a result of an increasing number of ethnic nationalities are pondering more of a united nation.
As a serious plus, Nigeria has a very sensible, affluent, skilled and highly productive Diaspora community that’s properly respected everywhere in the world. The checklist is infinite in Finance and Banking, Medication, Optometry and dentistry, Information Expertise, Engineering. Car, Transport, Politics, Arts, and so on.
A Nigerian is in the Forbes 50 World’s Richest Listing, a well revered Nobel Laureate Prof. Wole Soyinka is a Nigerian, a finance engineer, popularly called Bayosphere in world finance circles, Jelani Aliyu the influential Nigerian automotive designer at Basic Motors, thousands of Medical Consultants, doctors dentists, optometrists, professors, software program engineers, programers, Unix and oracle specialists including leading icons in Music, Movie and performing arts in Europe, USA and world wide.
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