Nige­ria has enor­mous re­sources, most yet to be fully ex­ploited.

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TOURISM

The tourism in­dus­try has a greater po­ten­tial than any other sin­gle in­dus­try in Nige­ria. The preva­lence of sev­eral nat­u­ral and his­toric tourist sites add to the in­dus­try’s po­ten­tial to be­come one of the ef­fec­tive gen­er­a­tor of rev­enue for the coun­try when fully de­vel­oped. The film in­dus­try, be­ing the 3rd largest in the world, cur­rently con­trib­utes over two per­cent (2%) to Gross do­mes­tic prod­uct (GDP) with vast po­ten­tial of ex­pan­sion.

AGRI­CUL­TURE

Agri­cul­ture is the most im­por­tant non-oil eco­nomic ac­tiv­ity in Nige­ria. One of the most lu­cra­tive sec­tors to in­vest in Nige­ria. The sin­gle largest em­ploy­ers of labour force (65 per­cent) and con­trib­uted 22.90% to Gross Do­mes­tic prod­ucts (GDP0 in 2011. Over 84mil­lion hectares of the to­tal land area has po­ten­tial for agri­cul­tural ac­tiv­i­ties with only 40% in use. Agribusi­ness; Man­u­fac­tures and dis­tri­bu­tion of farm equip­ments and sup­plies. Pro­cess­ing, stor­age, and dis­tri­bu­tion of farm com­modi­ties. Great op­por­tu­ni­ties are avail­able in the coun­try in food pro­cess­ing value chain of rice, sugar cane, cas­sava, co­coa, cashew, toma­toes, fruits (or­anges, pineap­ples, man­goes, etc) and food crop pack­ag­ing.

SOLID MIN­ER­ALS

Nige­ria is richly en­dowed with a va­ri­ety of solid min­er­als of var­i­ous cat­e­gories rang­ing from pre­cious met­als to pre­cious stones and in­dus­trial min­er­als. The com­mer­cial value of Nige­ria’s solid min­eral has been es­ti­mated to run into bil­lions of dol­lars. Forty four (44) solid min­er­als are found in com­mer­cial quan­ti­ties and are spread across the 36 states of the fed­er­a­tion and FCT Abuja. Gold, coal, bi­tu­men, lime­stone, iron, ore, lead/zinc and barites are strate­gic solid min­er­als be­ing pri­or­i­tized and pro­moted for pri­vate sec­tor par­tic­i­pa­tion and in­vest­ment by the Fed­eral Govern­ment of Nige­ria.

POWER

Nige­ria re­mains one of the most com­pet­i­tive des­ti­na­tions with huge un­tapped re­sources in power gen­er­a­tion, dis­tri­bu­tion and trans­mis­sion. Ac­cess to power is cur­rently limited to only ap­prox­i­mately 40% of the Nige­rian pop­u­la­tion and power sup­ply av­er­ages 3,500MW ver­sus a sup­pressed de­mand that is es­ti­mated at 10,000MW daily. By 2020, Nige­ria’s power gen­er­a­tion ca­pac­ity is pro­jected to be in ex­cess of 40GW and en­ergy mix will con­sist 69% ther­mal gen­er­a­tion: 17% Hy­dro: 10% Coal: and about 4% re­new­able. Govern­ment re­cently handed over six gen­er­a­tion com­pa­nies and eleven dis­tri­bu­tion com­pa­nies to pri­vate in­vestors in its bid to re­vamp the sub sec­tor

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