Our economy is currently experiencing very rapid growth in both the oil and non oil sectors. Reforms in the financial sector have restored confidence in the capital market. The telecoms sector is growing at 3.5 times the world average and twice the African average. We are experiencing more foreign direct investment in the non oil sectors and have recently achieved a major debt reduction. All this signifies an economy on the move. Below are some of the opportunities for business in Nigeria for those who are willing and able to take the risk.
- Untapped oil and natural gas and the new local content policy allowing Nigerians greater opportunities in the sector
- Agriculture and agro-allied services/large scale farming for both internal and external consumption
- Power generation and Independent Power Projects
- E-commerce, telecommunications/internet
- Infrastructure development
- Real estate housing development
- Health and education/management of healthcare for private and public sector
- Management services to help companies develop systems and processes
- Leisure and entertainment/Cinema/Television
- Industrial development/manufacturing
- Small/medium business enterprises
- Globalisation/international banking for international business opportunities
- Transportation sector development by both public and private sector
- Privatisation leading to the development of businesses
- Consolidation of the banking industry
- Construction of shopping malls
- Sports development
- Sewage and refuse disposal/recycling
- The Tinapa project in Cross River State and the possibilities of new business
