Investment Opportunities

There are over 2000 industrial establishments in the country. Among these are a giant oil industry, Iron complexes, steel rolling mius, pharmaceutical industries, food processing, car assembling and the up-coming Export Processing Zone (EPZ). Govemment economic policy favours and places priority on greater investment in agricultural production and manufacturing and exports of production, abundantly skilled and versatile human resources and access to a vast local market of over 100 million people and beyond in the sub-region. Sectoral highlights are addressed in the following sections: 

Priority Areas of Investment 
There are four Industrial Sectors which are considered priority areas of development because of their linkage effects on the other sectors and potential catalytic role in the overall growth of the industrial sectors. These priority areas which are most favoured in the administration of government industrial incentives are:

  1. Metallurgical/Engineering Industries
  2. Agriculture (Forest-based and agro-allied activities)
  3. Chemiccal/Petrochemical Sector
  4. Construction Sector
Specifically the industrial projects desired from these sectors are:
  1. Foundries and Forges;
  2. Metal Fabrication/Machine Tools;
  3. Pharmaceuticals;
  4. Rubber and Plastic;
  5. Leather and Leather products;
  6. Textiles and Weaving apparels;
  7. Cement;
  8. Other non-metallic material building materials; bricks, ceramic glass;
  9. Food Processing;
  10. Sugar, Confectioneries and Beverages
  11. Cereal and Grain Milling;
  12. Fruits, Vegetables, Vegetable Oils, Oil Seeds, Roots and Tubers.
In addition to the twelve identified priority areas menfioned above, investors are welcome to also participate wholly or jointly with Nigerians in the following specific projects:
  1. gemstones cutting and polishing;
  2. gold processing;
  3. mini-sugar production plants;
  4. multi-mineral plant for gypsum, talc, kaolin, marble/dolornite, baryte etc;
  5. cement production (700- 1000 metric tonne per day)
  6. lead and zinc project
  7. processing of salt from sea water;
  8. sodium trisphosphate production
  9. small medium scale plant for sheet metal roduction
  10. mining of industrial minerals; bitumen etc;
  11. stone cutting/polishing;
  12. fabrication of spare parts;
  13. exploitation of coal with known reserve of 293 140 000 tonnes in Enugu, Kogi and Adamawa States

    14. timber/wood processing


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