The motive of every investor is to make profits from whatever adventure he or she is pursuing. Some of the factors they consider include the type of commodity and place where they should be based. Choosing the right country for this will help you save money as you spend less and sell more. There are lots of reasons why doing business in Nigeria is beneficial to all and sundry.
One of the major attractive factors in Nigeria is its large population. Imagine the potential market you have when you invest in the most populous country in Africa. There are over 140 million people here and it will take you only a few weeks to find those who would want to buy your items.
Another reason why the country is better than most others for business men is that tax is not high. Multinational companies enjoy lower tax payment as a way of encouraging their continuous presence for increased development. A multinational in Nigeria enjoys more tax free benefits than their other sites in western countries.
If you come to the place with the intention of finding adequate manpower, you can be rest assured that there will be no disappointment. This is because there are lots of people who can give you the kind of service you require. There are skilled workers, semi skilled workers and unskilled workers in almost every part of the country. Graduates with the right knowledge and skills are everywhere to grab your offer and the manual laborers are also ready to take up menial jobs.
Infrastructure is one thing that attracts investors and the government is not ignorant about this. This is why it has made efforts to rehabilitate the roads, especially major highways that link one state to another. Some of these projects have been completed to aid easy transfer of manufactured products between states. Furthermore, the availability of international airports makes transportation safer and faster.
Electricity is also improving in the country as more and more transformers are being distributed. In order to increase electricity generation and distribution, the government thought it wise to privatize the sector so that it can become more profitable to all and sundry. In addition, more power stations are being developed and spread across the different geographical zones in the nation.
Foreign investors and owners of multinationals can directly or indirectly open up their minds to the government without being afraid of any outcome. This is because the system of government is democracy and it is the utmost desire of the government to increase the country's economic status in the nearest future. Government policies are being implemented by ministers who are sure to have the country's interest at heart.
Nigeria has different geographic zones that support different kinds of cash crops. Some of these crops are convertible to the raw materials needed by the industries. Soap producers, for instance, enjoy the plenty supply of palm kernel oil while flour producers enjoy the supply of cassava. Any foreign investor also finds it easy to mix up with the people as Nigerians are adjudged to be among the happiest in the world.
One of the major attractive factors in Nigeria is its large population. Imagine the potential market you have when you invest in the most populous country in Africa. There are over 140 million people here and it will take you only a few weeks to find those who would want to buy your items.
Another reason why the country is better than most others for business men is that tax is not high. Multinational companies enjoy lower tax payment as a way of encouraging their continuous presence for increased development. A multinational in Nigeria enjoys more tax free benefits than their other sites in western countries.
If you come to the place with the intention of finding adequate manpower, you can be rest assured that there will be no disappointment. This is because there are lots of people who can give you the kind of service you require. There are skilled workers, semi skilled workers and unskilled workers in almost every part of the country. Graduates with the right knowledge and skills are everywhere to grab your offer and the manual laborers are also ready to take up menial jobs.
Infrastructure is one thing that attracts investors and the government is not ignorant about this. This is why it has made efforts to rehabilitate the roads, especially major highways that link one state to another. Some of these projects have been completed to aid easy transfer of manufactured products between states. Furthermore, the availability of international airports makes transportation safer and faster.
Electricity is also improving in the country as more and more transformers are being distributed. In order to increase electricity generation and distribution, the government thought it wise to privatize the sector so that it can become more profitable to all and sundry. In addition, more power stations are being developed and spread across the different geographical zones in the nation.
Foreign investors and owners of multinationals can directly or indirectly open up their minds to the government without being afraid of any outcome. This is because the system of government is democracy and it is the utmost desire of the government to increase the country's economic status in the nearest future. Government policies are being implemented by ministers who are sure to have the country's interest at heart.
Nigeria has different geographic zones that support different kinds of cash crops. Some of these crops are convertible to the raw materials needed by the industries. Soap producers, for instance, enjoy the plenty supply of palm kernel oil while flour producers enjoy the supply of cassava. Any foreign investor also finds it easy to mix up with the people as Nigerians are adjudged to be among the happiest in the world.
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