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INVESTMENT INFO

 

Brief on the Federal Republic of Nigeria

nigeria

 

GEOGRAPHY

The federal Republic of Nigeria has a landmass of 923,773 square kilometers and is situated on the west tropical Coast of Africa. It has a population of about 120 million people going by the 1991 census and with average growth rate of 2.5%.

 

CAPITAL AND COMMERCIAL CITIES
The capital is located in Abuja, the Federal Capital Territory and the commercial hob-nub at Lagos which served as the administrative capital of the country before the relocation to Abuja. Other commercial nerve centers include Onitsha, Kano, Ibadan, Port Harcourt and Aba.

LANGUAGES
There are three indigenous recognized main languages namely Igbo, Yoruba and Hausa. The official language is English, vestige of the former colonial administration, Britain. Nigeria Time: GTM.

ETHNIC GROUPS
There are over 350 heterogeneous ethnic groups in the country. With these multifarious ethnic groups, Nigeria is rich with diverse cultural settings. The three major ethnic groups are Igbo, Hausa and Yoruba.

 

CURRENCY
The Nigeria Currency is the Naira (N)

 

RELIGION
Nigeria is a secular state but Christianity, Islam and Traditional Religions are predominant.

 

INTERNATIONAL RELATIONS
Nigeria is a member of many regional and international organizations. It has consistently maintained good relations with Europe, America and Asia with centre of its foreign policy. Notwithstanding the political evolution, it has been undergoing since independence especially in recent years, the-country has multiple bilateral trade and culture agreement with many countries throughout the globe.

 

VISA REQUIREMENTS
Entry permits are required from citizen of Commonwealth Countries obtainable without charge from any Nigerian Diplomatic Mission abroad. Citizen of other countries wishing to visit Nigeria apply for visa.

HEALTH CONSIDERATIONS
Visitors to Nigeria require an international Certificate of vaccination against Yellow Fewer and Cholera from anyone arriving from an infested area.

 

AIRPORTS
There are four operational International Airports in Nigeria today. They are the Murtala Muhammad Airport at Ikeja, Lagos state, Kano international Airport, Port Harcourt international Airport in Rivers States and the Nnamdi Azikiwe International Airport Abuja, Federal Capital Territory. There are also domestic airports, located in almost all major cities in Nigeria. Recently, the Enugu Airport was approved for upgrading into International Airport and it is expected to become operational soonest.

 

SEAPORTS
In Lagos, there are the Apapa and Tin Can Island Ports; the Ports Harcourt Ports in River State, the Sapele, Burutu, Koko and warri Port in Delta State, and the Calabar Port in Cross River State. The River Niger is being dredged to make the Onitsha sea port functional in Anambra State. Efforts are also being made by the Federal Government to establish Dry Ports in some major commercial cities notably Aba etc.

 

ROAD AND RAIL TRANSPORT
Nigeria has good roads and railway network that link major cities of the country.

 

TOURISM
The tourism industry in Nigeria has great potentials. There are seashore, Public Park, markets, museums, ′beautiful landscapes, developed lakes, lagoon, caves, ranches and ancient places. Rich colorful cultural activities blend the fitness to Nigeria’s international tourism potentials.

Guided tours are available to request from reputable tourist group/interests. Among notable’ tourists centre include Lagos Bar Beach, the Port Harcourt Beach, the Calabar Ranch, the Ogbunike and Ajalli Caves respectively in Anambra State, Yankari Game Reserve, the Mambila Plateau, the Arochukwu Oracle, among others.