Trade With Nigeria
TRADE WITH NIGERIA a
program powered by TRADENIEGERIA(GLOBE CHAMBER OF COMMERCE AND INDUSTRY),
This is a call or invest to all Investors, Entrepreneurs, and Countries in the
world to come and invest, partner, and trade with Nigeria, to improve and
contribute to Nigeria Economy or Economic growth and development.
This is to say that Nigeria is a better/best country to invest
and a great place to do business, because they have what it takes to improve
and develop an individual, organization to a greater height. Coming to Nigeria
for Trade or any other investment in mind, for investment purpose will never be
a regret to any Investor, Entrepreneur, Organization, Individual or any Country
that wishes to invest or trade with Nigeria.
This is to say also that Nigeria have improve Her own
citizen/local investors, entrepreneur, or economic & business developers.
Such as
1. Dangote
group of company
2. Globalcom
3. Tony
Elumelu etc., through such local/citizens investor or entrepreneur has create
job (Women & Youth Empowerment) and to tell the world that Nigeria is a
great place to do business and to invest, due to its Conducive Environment.
TRADE
WITH NIGERIA, in such aspect where Nigeria has improved
economically, and with its Natural Resources, such as
1. Limestone,
coal etc. (Mining)
2. Petroleum and also good at Agricultural &
Manpower Development.
Nigeria
as one of the leading Agricultural country in the world which have Produce and
Export a lot of Commodities (Agricultural Produce) to other countries. Nigeria
has States that are perfectly into Commerce, Industry, and Trade that have
Produce and Export different Commodities to other countries, such as to say
that those STATES in Nigeria have shown the world, or other countries that they
can invest, partner, and Trade with Nigeria, such States are.
1. Lagos
State
2. Anambra
State
3. Abia
State
4. Delta
State
5. Rivers
State
6. Kano
State
7. Akwa-ibom
State
8. Cross
Rivers State etc.
TRADE
WITH NIGERIA a country that will boost your Production and
make you feel relax. This is why Nigeria have Bodies that are into Trade,
Commerce and Industrial Maintenance and that allow Investors, Entrepreneurs,
and other Countries to invest, partner, and trade with Nigeria, such Bodies are
1. Ministry
of Investment, Trade, and Industry
2. Nigeria
Chamber of Commerce and Industry
3. Ministry
of Finance, Budget and Planning, And a Public Private Organization by name TRADENIGERIA
(GLOBE CHAMBER OF COMMERCE AND INDUSTRY) an organization that is long-term
in Partnership with Asian Countries, which have had several program powered by
them, to improve Nigeria economy, which have been into a great relationship
with Nigeria, such programs as follows
1. Nigeria
National Trade Festival
2. Africa
Asia Export Conference
3. Europe
Africa Economic and Business forum
4. Nigeria-Asia
business Excellence Awards
5. Her
Trade Supports etc.
That have made the Asian
countries to invest, partner and trade with Nigeria, and have create a strong
relationship between Nigeria and Asia countries such as
1. Singapore
2. Malaysia 3. Vietam 4. Thailand 5. Taiwan 6.
Japan 7. Korea 8. China 9. Hong Kong etc.
Nigeria Exports primarily
Petroleum and other Raw Materials such as Cocoa, rubber, palm kernel, organic
oils, and fats. It Imports secondary product such as Chemicals, machinery,
transport equipment, manufactured goods, food, and animals, the dependence on
oil and a few other commodities for Export cause Nigeria to become especially
vulnerable to world oil price fluctuations. During the colonial years, Britain
was Nigeria’s leading trading partner. After independence, Nigeria diversified
its trading partners. It now trades worldwide with about 100 countries. The
United States replaced Britain as the primary trading partner in the 1970s.
However, Britain remains Nigeria’s leading vendor, setting the former colony
more than 14percent of its import in the 1990s. Other major trading partner are
Germany, France, the Netherlands, Canada, Japan, Italy, and Spain. Nigeria’s
meager trade with Eastern Europe and the Former Soviet Union declined even
further after the collapse of Euro-Communism and the breakup of the
Soviet Union in the early 1990s. Nigeria’s trade with sister African Members of
the Economic Community of West Africa States (ECOWAS)
Trade (expressed in billions
of US$) Nigeria
1975 7.845 6.041
1980 25.968 16.660
1985 12.548 8.660
1990 13.670 5.627
1995 34.179 34.488
1998 37.029 43.798
SOURCE:
International Monetary Fund. Prior to 1966, Nigeria’s had a persistent trade
deficit. The rapid growth of petroleum as an export commodity reversed the
trend between 1966 and 1977.
You can TRADE WITH NIGERIA,
be a testifier and feel the difference. Nigeria is a great place to do business
and TRADE WITH.
Nigeria is the home of Africa’s Largest economy and biggest
oil producer, and also has a growing populace of over 180million the largest in
Africa. With an abundance of Natural Resources, and a growing middle class,
Nigeria’s Economy potential is considerable.
Ties between Nigeria and the UK may have been-rooted in our
historical and potential origins, but over the years it has evolved into a more
dynamic relationship that includes Education, Trade, Arts, and Culture.
The UK and Nigeria have an excellent commercial relationship
with over E6.1billion worth of trade
per year; it is also the 2nd largest African Market for goods. UK
companies are extremely well-known in Nigeria, and UK brands (especially luxury
goods) are in very high demand.
The main objective of this TRADE WITH NIGERIA (doing business
in Nigeria) Guide is to provide you about Nigeria; an overview of it economy,
business culture, potential opportunities and to identify the main issues
associated with initial research, market entry, risk management and culture and
language issues
TRADE WITH NIGERIA
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