MANUFACTURING SECTOR INVESTMENT OPPORTUNITIES IN NIGERIA

The priority area of industrial investment which are favoured in the administration of government industrial incentives are those described here-below:

(i) Industries which can either immediately or in a few years time source their raw materials locally e.g. in the agro and agro-allied sub-sectors for which there are abundant natural resources in Nigeria, including food preparations, e.g. fruit drinks, cereal milling, feed mills and vegetable oil processing;

(ii) Industries which support food production programmes through local manufacture of chemicals, equipment and light commercial vehicles in particular, and chemical as well as petrochemical based manufacturing industries in general;

(iii) Industries with multiplier effect such as flat sheet mills and machine tools industry including foundries and engineering industries for spare parts production;

(iv) Basic industries and petrochemical and liquidified natural gas projects in which the government welcomes foreign partners;

(v) Processing of local agricultural produce and minerals into industrial raw materials as manufactured intermediate goods required by existing industries in Nigeria;

(vi) Investment in research institutes particularly in the area of adaptive research and commercialization of local inventions;

(vii) There are nine (9) priority sub-systems that possess the ability to stimulate the laying of a favourable industrial base and provide a catalyst to industrialization in Nigeria. These pilot sub-systems are:-

• Foundry and forges;
• Metal fabrication;
• Pharmaceutical;
• Food processing;
• Leather and leather products;
• Textiles and wearing apparels
• Non-metallic building materials - bricks, ceramics and glass.

The Government of Nigeria welcomes investors’ participation not only in these but also in the following project areas: -

• Gemstone cutting and polishing;
• Gold processing;
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• Mineral benefication plants for gypsum talc, kaolin, marble, dolomite, baryte;
• Mini-sugar production plants;
• Cement production;
• Lead and zinc;
• Refractory bricks;
• Processing of salt from sea water;
• Sodium tripolphosphate production;
• Small/ medium scale plant for sheet metal production;
• Long fibre pulp/kraft paper production;
• Bottled mineral water;
• Mining of industrial minerals;

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