Investment Opportunities in Agriculture
The agricultural potential of Nigeria is barely being tapped and this explains the inability of the country to meet the ever-increasing demand for agricultural produce. Although the agricultural sector remains a dominant employer of labor, serious investment is needed across the board to enhance production and increase the contribution of the sector to GDP. Investment is required in the following priority activities:
Crop production to achieve food security and to provide industrial raw materials. Potentials exist for the following crops:
- Cereals: Maize, rice, sorghum, corn, millet, wheat.
- Root crops: Cassava, yam, ginger, potato, coco yam.
- Legumes: Soya beans, groundnuts, cowpeas.
- Fruits: Mango, banana, oranges, guava, papaw, pineapple.
- Vegetables: Cabbage, green pepper, carrots, lettuce, spice, onions, melons.
- Tree crops: Oil palm, cocoa, rubber, coconut, kola nut, coffee, she nuts, cotton, cashew nut, sugar cane.
The functions of Nigerian Communications Commission include:
- Regulating the privatized sector of the telecommunications industry.
- Facilitating entry into the telecommunications market by private entrepreneurs.
- Creating a regulatory environment for the supply of telecommunications equipment and facilities.
- Issuing of telecommunications licenses.
- Promoting fair competition and efficient market conduct among all players in the telecommunications industry.
- Arbitrating disputes between participants in the telecommunications industry and protecting consumers against unfair practices.
INVESTMENT OPPORTUNITIES IN TELECOMMUNICATIONS INDUSTRY IN NIGERIA
LOCAL MANUFACTURE OF EQUIPMENT
SWITCHING AND TRANSMISSION EQUIPMENT
Local manufacture of switching and transmission equipment is required since no single company exists in Nigeria or even neighboring countries for this purpose. Hence any company that goes into the venture will have its market beyond the frontiers of Nigeria.