Nigeria Industry Articles & Analysis

Chapter | Industry & Mining from The Report: Nigeria 2017

Comprising major food and consumer staples producers, Africa’s largest cement manufacturers, and a handful of heavy industries and light manufacturing, Nigeria has a diversified industrial sector. According to data from the Nigerian Investment Promotion Commission (NIPC), the country is home to the largest manufacturing sector on the continent and, along with Egypt, South Africa and Morocco,...

With Africa’s largest economy and its biggest population, Nigeria is the continent’s heavyweight. The country has been blessed with resource-rich lands, areas of great agricultural fertility and favourable demographics, but it has also had its fair share of challenges.

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Nigeria is proving to be an attractive draw for major manufacturers of fast-moving consumer goods (FMCG), supported by an expanding domestic market and renewed momentum in the broader economy.

 

Mining is big business in Africa and a cornerstone of many national economies. It accounts for a quarter of GDP in the Democratic Republic of the Congo, and in Botswana the figure has been as high as 40%. Yet despite the huge potential for deposits of precious metals, base metals, coal and iron ore, the Nigerian mining sector contributed only...

 

Nigeria once had a thriving textiles industry, but as with so many of its peers across the continent, the sector has suffered under intense competition following the end of the Multi-Fibre Arrangement (MFA), which set rules for the international trade of textiles and garments until 2004. Given the role the MFA played in relation to employment...

 

What is Nigeria doing to improve the investment attractiveness of its mining sector?

 

What is the biggest bottleneck facing fast-moving consumer goods (FMCG) production in Nigeria?

 

What obstacles do manufacturers face in Nigeria?