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Reviewed Investor’s Guide 2006

Investor’s Guide 2006 – AUTOMOBILE SECTOR

INTRODUCTION The automobile industry in Nigeria dates back to early 1960’s when private companies like UAC, Leventis, SCOA, BEWAC and R.T. Briscoe pioneered the establishment of auto assembly plants using imported semi-knocked down components (SKD). Government became involved in the industry between 1970-1980 when it concluded agreements with a number of Automobile plants in Europe …

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Investor’s Guide 2006 – IRON & STEEL SECTOR

SECTOR DATA The Macro-environment: Steel is accepted worldwide as the bedrock of industrialization for any Nation. This industrial base hinges on a well-developed iron and steel industry that would produce such industrial raw materials as: Cast Iron (different categories) Rods and bars (both high tensile and mild steel varieties) Wires (in all its verifications) Structural …

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Investor’s Guide 2006 – AVIATION SECTOR

SECTOR DATA THE MACRO-ENVIRONMENT The Federal Ministry of Aviation is responsible to the Government of the Federal Republic of Nigeria for all matters concerning Civil Aviation.  The Minister of Aviation is in charge of Policy formulation and overall management of Aviation Industry   SCOPE OF BUSINESS FOR PRIVATE INVESTORS The following are some of the …

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Investor’s Guide 2006 – OIL & GAS SECTOR

SECTOR DATA Nigeria is one of the world’s major oil & gas producers. Currently, the country’s oil & gas reserves are conservatively estimated at 26 billion barrels and 157 trillion cubic feet, respectively.  4 giant deepwater fields, Bonga, Erha, Agbami and Akpo representing six billion barrels of additional oil reserves, recently came on stream in …

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Investor’s Guide 2006 – POWER SECTOR

OVERVIEW OF THE POWER SECTOR Electricity supply in Nigeria is currently being undertaken by the National Electric Power Authority (NEPA), established by Decree No. 24 of 1st April 1972, with the amalgamation of Electricity Corporation of Nigeria (ECN) and Niger Dams Authority (NDA). From a combination of hydroelectric dams, coal and gas power generating sources, …

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