Pazhuheshnameh4

Posts Tagged ‘solution’

Niger-Delta region, the source of the oil wealth of the country, has an area of ​​constant tension, excitement, and recently the militancy. However, it deserves a confluence of factors such as environmental damage caused by oil, the lack of development of the region, lack of job opportunities and a deep feeling of discrimination, the low percentage of income derived through the states of the region have led to current situation. The recognition of their situation, the federal government a summit, organized by Professor Ibrahim Gambari to the Presidency, Secretary General, the eternal solution to the crisis. Honestly, Nigeria and Nigerians is a safe place to invest and self-satisfied and boring.

Cyber ​​Crime is another horrendous crime, which often put off potential investors to participate or invest in business opportunities in Nigeria. This crime has actually been imported into the country by foreigners. It has never been part of the culture Nigeria. It will be perpetrated by a section of the population of a few. The focus of the activities are conducted through the Internet and its objectives are the people who manage the economy through the middle. Make as much as government officials and businessmen with the management of British identity in the digital products. However, the list of tricks and operations are not exhaustive. With the help of the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and Related Commission (ICPC) and other organizations to combat crime, computer crime and the offender under the control and repression.

The main objective of the present government is encapsulated in Vision 2020, Nigeria is a major industrial power and economy of the 20 largest economies in the world until 2020 to make an investment and business environment and the highest level of security for the active participation of local and foreign investors in particular. The realization of these efforts has been the pragmatic and radical reforms to improve the attractiveness of investment opportunities in Nigeria to inform and encourage the growing confidence in the economy. In this sense, the federal government incentives and investment strategies, such as 3-5 years tax-free, time-shift transmission, called the possible capitalization of expenses and provision of infrastructure such as roads and electricity, provided that a few . African economy is experiencing the strongest growth over the past 30 years, without a doubt, Nigeria is an important contribution to this development. Most commentators have pointed out that the business opportunities and investment in the country are increasingly optimistic, with GDP growth of 7 percent in 2007 and 13 percent over the next 12 years. The International Monetary Fund (IMF) forecasts the growth rate of 9 percent in Nigeria in 2008 (which is the second in India 10 percent and 8 percent in China), provides the credibility of your comments.

In addition, the increase in foreign direct investment, the entry of multinationals, strong financial sector, the business friendly environment and huge, with government support, abundant natural resources and population of over 140 million people including a comparative study in Nigeria (and perhaps absolute) advantage over other African countries. Since it is difficult, because the Chinese market in the world (one in five people in the world, China) to ignore and it is very difficult to ignore Nigeria as the market in Africa (one in three people in Africa, Nigeria). With a population of over 140 million people and its economic potential, Nigeria remains the largest market in Africa.

FINANCIAL IMPACT DEVELOPMENT world economic crisis Unlike China and India, the African economy (developing countries) are not yet integrated into the global economy. This is the result of the slow pace of integration and globalization of the economy, fixing the global economy and financial system. Consequently, developing economies suffer only limited financial impact of the credit crisis. However, this does not mean that the developing economies in isolation, completely free of crisis. At some point, this document will continue to use the economy of Nigeria in the analysis because it represents a paradigm for the development of an economy with valid and relevant variables.

According to the report of a recently concluded meeting of the Bankers Committee, 20 finished in October 2008, Nigerian banks are safe and operating at 22 percent ratio of equity (14 percent above the 8 percent of world demand) and financial sector is still far from being affected by global financial crisis. The report also finds that any rescue plan is necessary because the situation is to save the quality assurance systems for the developed economies of the goods of poor quality and large credit losses from exposure to mortgages secured properly missing in Nigeria. To emphasize his point was that the ratio of foreign direct investment in Nigerian banks is relatively low and set the connection between banks and their foreign colleagues, free, limited the impact of the crisis and indirectly.

The bank is also the strategic partnership with BNP Paribas, a leading global bank financing of energy projects, Afrexim Bank, Export Development Canada (EDC), Financing for Development (FMO), China Exim Bank, Export-Import USA The International Finance Corporation’s funding of projects in various sectors of the economy. However, it is appropriate to say that the success of Intercontinental Bank recorded a good example of the “strength and prospects, and a testament to the opportunities that global investors, Nigerian banks in the country’s financial sector. In addition to the Nigerian capital market offers opportunities for practical because it can help companies raise capital and generate a high return on investment. Its total market capitalization has increased 4,000 percent to 100 million dollars (12 billion naira) in March 2008, compared with $ 2.39 billion (287 million naira) in emerging markets 1999.Among August, the capital market Nigeria remains one of the most suitable in terms of yield on investment. Historically, the market has generated returns of 28 percent.

Insurance industry is no exception to this growth and development of the country’s financial sector is one example. While there are some black spots on the management of the scheme, the industry has as much success in its reforms and operations. With strong capital inflows, insurance companies are now the challenges of providing to shareholders to maximize the exploration and foreign markets. Their presence may in countries such as Ghana, Liberia, Sierra Leone, Sao Tome, be heard in South Africa, among others. Although the report of Goldman Sachs, “New Market Analyst”, published with the edition number 8.9 13 March 2008 (quoted in the newspaper Thisday March 19.2008) argues that a better economy of South Africa, Nigeria has the right International Monetary Fund (IMF) reports that Nigeria and South Africa, 50 percent of the $ 53 billion private equity and debt flows to sub-Saharan Africa in 2007 approached. This reflects the growing confidence of international organizations and foreign investors in the country’s financial sector and the economy in general.

In addition, Fitch and Standard & Poor rated Nigeria BB-(minus) in the great development of the credit market sovereign debt in local currency and low in the areas of debt relative to GDP and inflation. Growth opportunities in the financial sector in Nigeria because the underlying fundamentals remain strong, growth still exist. All this and much more, the position of the financial sector and a leader in the country’s total global market for investment opportunities in this dynamic and vital to investors in Africa. Needless to say the odds are waiting for typical examples and suggestions on opportunities for foreign investors to other sectors of the economy. Nigeria is the largest producer and exporter of oil in Africa (though recently took second place in the final report from OPEC behind Angola, because of the crisis in the Niger Delta), with a production capacity of 2.5 million barrels per day and beyond. Moreover, Nigeria is the owner of gas reserves and seventh largest in the world burn the greatest nation in the world, with the potential to become a major player in the export of liquefied natural gas. Must generate an annual capacity of gas flares at over 12,000 MW of electricity is necessary to catalyze the growth of an economy. Although currently flares an average of 1.2 TCF of gas per year, the industry has the potential to generate high returns.
One of the greatest opportunities for foreign investors, real estate / property to be expected. For example, to get Lagos metropolis with a population of 18 million state of the city. The state is one of the highest rates of urbanization in the world according to the World Bank. Consequently, there is an insatiable demand for the delivery of housing, the introduction of new private property developers program is necessary. Under the program, the Government whether large extensions of land 1-25 acres available to organizations able to implement business development and supply of residential units. However, the organization must demonstrate that they have the ability to provide financial and technical know-how, quality and affordable housing. Other sectors of the economy, foreign investors vital and worth the investment in transport, sports and recreational activities are exports, tourism, energy and steel, DRC, privatization. And the show available record that the rate of profit is higher in these areas in the sectors mentioned above.

In addition to the possibility mentioned, our office is strategically positioned to benefit from potential investors to maximize the opportunities. We also offer consulting services in the areas of general management, production, marketing, finance and accounting, personnel, research and development, packaging, management, international operations, he added, special services and other value added. And our strategic partnership with national and international companies enables us to offer a quality service and high return on investment. However, there was concern by international observers, agents and materials have increased in Nigeria is a high risk country for investment and other operations. This development is for security, the multiple taxation, epileptic electricity supply, bad roads and poor working conditions due. It seems difficult to do business in Nigeria because of the likely activities of some Nigerians have no scruples. However, they are simply the characterization of human nature, and that can be found all over the world. It must be said emphatically that the world has some in their judgments and treatment of security problems in Nigeria. It has never been terrorist attacks, suicide bombings and kidnappings until recently when the topic of the Niger Delta came on board were.

Foreign investors in this sector is worth investing in the Nigerian governments have different incentives and investment strategies such as holidays of 3-5 years of deferred taxes and license fees, capitalization of costs made possible exploration and research, the development of infrastructure and the provision of 100% foreign ownership of mining companies. Recognizing that only a sustainable macroeconomic environment and a strong and vibrant financial system, the economy may be headed to the desire to be one of the country’s 20 largest economies in the world by 2020, 6 July 2004, the federal government to get through Central Bank of Nigeria (CBN), under the leadership of its governor, Professor Charles Soludo started a reform program for 13 points in the restructuring, reorientation and strengthening of the financial system in Nigeria. To complete this program, the other long-term comprehensive program of reform of the financial system has been (Financial System Strategy 2020-FSS2020) was launched. The main objectives of these programs are substantially met. The land is now part of the banks of the financial system strong, efficient and internationally competitive with regard to global markets, capital market with a greater return on investment in terms of dollars, a strong competitive financial rewards insurance industry and other participants .

Gordon was right in his presentation that describes Nigeria as the most dynamic market in Africa. His view that “foreign investors are patient enough to weigh the financial system in Nigeria in terms of credit risk in relation to the event globally, the country’s financial sector to invest more interesting and receive funds” on the x-ray of truth financial system in the country field. Country-banking system is safer and stronger than ever in history. Banking is the fastest growing in Africa and one of the fastest in the world. In fact, the major contribution to the fulfillment of the dream of wine country in this sub-sector. Economic analysts have noted that Nigeria has used less than 3 years to achieve what was achieved 20 years after South Africa in the banking sector. In a short word, a world-class banking system that originated in Nigeria.

Statistically, leads the banking sector, 10 per cent of gross domestic product (GDP) and accounts for 60 percent of market capitalization, while there was a decrease in the number of banks 89-25, the number of bank branches has increased by 33 percent from 3383 to 2007 in 2004-4500. The total assets of banks increased by 104 percent to $ 26.8 billion increase (3,210 million naira) in 2004 to $ 54.7 billion (6.56 billion naira) increasing the mid-2007, capital and reserves of 192 percent to $ 2.72 billion (327 million naira) to $ 7.98 billion (957 million naira), the overall ratio of 42.6 percent, a point from 15.18 percent to 21.6 percent and the share of non-performing loans to total loans by 51.3 percent from a massive 19 points, improved 5 percent to 9.5 percent. The sector has remained one of the most profitable market for capital. It was noted that 13 of the 21 banks at the Stock Exchange of Nigeria has more than 100 per cent in January 2007.

(Published in the biggest seller of Pan-African Business magazine in London) for the April 2008 issue of African Affairs, 18 of the 28 companies in West Africa, with a market capitalization of over $ 1 billion are Nigerian banks. The magazine noted that the First Bank Nigeria PLC is a market capitalization of $ 7400000000, the largest company in West Africa. Two other banks, namely Nigeria, Intercontinental Bank Plc and United Bank for Africa (UBA), the company second and the third largest in the remaining sub-region with a market capitalization of $ 6.2 billion $ 4.6 million each. Obviously, the rising tide of banks in the country of all the evidence sub-sector investors, very attractive not only local but also foreign investors, especially banks, foreign made. For example, the consolidated form of Regent Bank, Standard Chartered Bank and IBTC IBTC Chartered Bank, Standard Bank’s interest group, the largest financial institution in Africa with a market capitalization of $ 17.8 million, its subsidiary Stanbic attracted Bank, South Africa also has an agreement merging the last merger in the country, Stanbic IBTC Bank Plc has signed. In this sense, other foreign banks have started to ask questions CBN a possible merger or take over.
To further realize the possibilities that the banking sub-sector offers Global Investors, a quick look at Intercontinental Bank Plc is the success of the country’s banking system shows. Intercontinental Bank Plc for the second largest in West Africa has seen phenomenal growth in the gross income was known, 1450000000 U.S. dollars (173.5 billion naira) in 2008. This represents an increase of 99 percent over the $ 728 million (87.4 billion naira) in 2007, the net profit after tax from 102 percent to $ 380 million (45.6 million naira) to $ compared compared to 188 million (22.6 million) in 2007, while the capital base rose to $ 1.67 billion from $ 1310000000 Base ° Bank deposits grew to $ 8.75 billion (1.05 billion naira), an increase of 126 percent from $ 3.9 billion (468 million naira) in 2007, while total assets also recorded a quantum jump of $ 14.2 billion (1.7 billion naira), which grew by 108 percent to 6 , $ 86 billion (€ 823 million).

The cultures of the agricultural sector in Nigeria are grouped into cereals, roots and tubers, legumes and other legumes, oil seeds and nuts, tree crops, vegetables and fruit. Governments and ministries of agriculture have easy land acquisition practices, promoted agriculture, expanded (expanded) the invitation to foreign investors and have put in place various incentives to promote industry growth. However, the agricultural potential of Nigeria is to use only, which explains why the country is able to meet the growing demand for agricultural products and their range of 55 in the world (even if for the first time in Africa) needs agricultural production. While the world is experiencing the food crisis and persistent increase in fuel prices, the country’s agriculture offers unlimited opportunities for foreign investors and the whole world, to offer solutions to these crises. Foreign investors are investing in the cultivation of sugar cane, sugar beet, sweet sorghum, starch (corn / maize), palm oil, soy, algae and jatropha. These products are profitable because they are possible for biofuels to replace fossil fuels. Currently there is a strong demand for these crops in the developed economies.
Solid minerals is another sector with great investment opportunities. Nigeria has many mineral resources. Recent policy reforms have brought the solid minerals sector in the light. The emphasis is on encouraging the massive participation of foreign investors in this sector is less than 0.5 percent of GDP contributed by the solid minerals sector. But the Ministry of Mines and Steel and the Ministry of focal attention in recent years, the state is to strategically place the country in a better position to explore and exploit minerals in seven large amounts of minerals to improve the product of GDP 5 percent in coming years. The seven strategic minerals are coal, bitumen, limestone, iron ore, barite, gold and lead / zinc. Coal is found in Enugu, Benue and Kogi. Within these three districts, 396 million tons can be demonstrated with JORC classification criteria, while others deduct 1.091 million tons of coal resources and areas of hypothetical study is 1.481 billion tons.
Fully aware that the development will contribute to the achievement of energy coal, the government ministries and to invite foreign investors to participate actively in exploration and extraction of mineral resources. Metals such as Denver and companies have already committed resources in the western United States $ 10000000 and $ 15,000,000, respectively for the two coal reserves of the country. Another Chinese company, Xin Yuan International Network of Investment Company, which provides more than half of the electricity demand in China is also in the country, indicating their interest in the development of coal deposits in the state of Kogi.
The reserves of bitumen in the country is estimated at over 27 billion barrels of oil equivalent, while iron ore in the vicinity of over 5 billion of reserves in the presence of Kogi, Enugu, Nigeria, Kaduna and Zamfara United is estimated. Gold in just 10 sites estimated at 50,000 ounces, 10 million tons of barite, limestone, and 2,300 billion of reserves.

Talk with estimated reserves of over 100 million tons can be used in Niger, Osun, Kogi, Kwara, Ogun, Taraba and Kaduna United They then color the Nigerian powder varies from white to milky white to gray to find. The talc industry is one of the most versatile industrial minerals throughout the world. The exploitation of the vast talc deposits in Nigeria game, so the requirements are not only local but also international market. The national demand for table salt, caustic soda, chlorine, sodium bicarbonate, sodium carbonate, hydrochloric acid and hydrogen peroxide over a million tons. A huge amount of money spent annually to import these chemicals. There are salt springs at Awe (Platu State), Enugu, and Uburu (Imo State), while the salt is in a state of Benue. Total reserve of 1.5 billion tons indicated. Government to determine the level of reserves is to carry out further investigations.

Reserves in the same compartment, bentonite massive 700 million tonnes are available in many states, the federal government for the development and widespread use available, were identified more than 7.5 million tonnes of barite in Taraba and Bauchi States and estimated reserve of 3 billion tons kaolinific Tons of good was also identified. Gem mining in various parts of Plateau, Kaduna and Bauchi states explodes years. Some of these gems, sapphire, ruby, aquamarine, emerald, tourmaline, topaz, garnet, amethyst, zircon, and fluorite, which are the best in the world. There are good prospects in this sector for investment projects viable. Understand that this sector requires urgent investments, the Ministry for the miners, who to a level of artisan cooperatives benefit of $ 10 million bank-shaped support. In addition to the three Nigerian banks were solid desktop background with minerals established about 8 million dollars each for the development of the sector.

Hamadoun Toure, to direct, and Gordon Smith. However, it is more appropriate for investment opportunities inherent in the economy of Nigeria before discussing the issue of security raised by the list Toure. Investment opportunities and security problem in NIGERIA Without doubt, Nigeria is a haven investment with a range of investment opportunities and lucrative oil and gas, solid minerals, agriculture, tourism, telecommunications, energy and steel, transport, trade zone, the financial sector, real estate / real estate, manufacturing, sports and entertainment, and fashion industry. Investors have a wide range of options to choose from. It ‘important that the rate of investment growth and fantastic exponentially in each of these areas.

Investors have the advantage of their products and services to market and take advantage of the population, more than $ 140 million. In the telecommunications sector, the statistics show that mobile phone users in Africa about 280 million, exceeding the United States and Canada, with its 277 million users in the first quarter of 2008. With 70 million lines in 2007, was the fastest growing region of the continent in the world, representing a growth of 38 percent from the Middle East (33 percent) and Asia-Pacific (29 percent). It ‘has also been shown that the fastest growing markets in North and West Africa, who have been together for 63 percent of total connections in the region. The record proved that Nigeria, Zambia, Tanzania, Democratic Republic of Congo, Kenya, Algeria, Tunisia, Ghana and South Africa are highly competitive markets in the region. The record, moreover, that two-thirds of the telephones in Africa are in their early stage of development, was, with penetration rates below 30 percent at the end of 2007.In percentage agreed that Africa, the market growth fastest in the world, but also the second smallest in relation to the connections to the Middle East.

Since Nigeria accounts for 57 percent of mobile phones in West Africa, the country is recognized as a leader in the telecommunications market and the fastest growing in Africa. With mobile phone users and 734 444 4493 2181 for GSM and CDMA, or can their contribution to West Africa and the growth of telecommunications in Africa are overstated. While economic growth was 7%, is about 35-50% of mobile phones. Assuming that each of these compounds has been occupying a minute a day, the country has generated in the telecommunications market, the ability to more than $ 16 million per day (USD16, 666,667) and nearly 6 billion dollars per year (Member U.S. $ 5,833,333,300).

Therefore, the telecommunications company Etisalat and Visafone fast and the likes of MTN, Globalcom, Celtel and other providers of telecommunications services came into opportunities in the country. Earlier this year announced a major GSM service provider with a customer base of more than 15 million of net income of $ 650 million (78 million naira) for the year 2007.Putting all together, easy to understand presentation Toure describes Nigeria telecommunications market as the best investment destination in Africa. Recognizing that the telecommunications industry in huge and there is no need to further the industry as a whole, Nigeria, the Commission of Nigeria (NCC) and the Ministry of State for Information and the use of communication have made the cover their position clear to the call for global investors to participate actively in this area because they have been willing to pioneer and licensed to the potential candidates for implementation as diverse as fixed telephony, mobile telephony must be granted, the Fixed Satellite ( VSAT), pagers, cell phones, Internet and other value added.

With the above facts, it can be concluded that the telecommunications sector in Nigeria offers lucrative investment opportunities and great for global investors. Consideration and a growth rate of 40% of the GSM market in the first quarter of this year (2008), the possibility of the return on investment in this sector. Agriculture is the dominant sector of the economy of Nigeria, spends about 70 percent of the population directly and provides nearly 88 percent of non-oil foreign exchange earnings. Contributes about 41 percent of GDP. The industry has recorded an average growth rate of 7 percent overall over the past three years, a significant improvement in less than 3 percent in the ’90s. Statistically, 91 million hectares of land in the country’s 92.4 million hectares suitable for cultivation. About half of the arable land is actually permanent crops and cultures, while the rest of the timber forest, permanent pasture and towns are covered. Among the areas that have been most common in Niger (7.6 million hectares) and Borno (2.8 million hectares).