NIGERIA: PLOUGHING A NEW PATH IN AGRIC
Before oil, Nigeria had oil. With oil were the crops groundnut (peanut), cocoa and rubber. These crops were cultivated in large quantities and exported to Europe and America in the pre-1960s and early ‘60s.

Read more...

Petroleum and Gas Reserves
The proven Nigerian oil reserves are 23 Billion barrels; the gas reserves are 160 Trillion cubic meters.

Petroleum and Gas Policy Objectives
The country has put in place Petroleum and Gas policy with the following objectives: Increasing oil reserve base and productivity through vigorous exploration and ensuring judicious exploitation of the resource. Allowing for private sector participation in all the facets of the industry through attractive fiscal measures. Government is giving serious consideration to selling its equity shares in joint venture operation. Acquiring reasonable market shares for the crude oil and its derivatives and achievement of domestic refining self-sufficiency.

Read more...

Central Bank of Nigeria

Vision
To be one of the most efficient and effective world's Central Banks in promoting and sustaining economic development.

Read more...

Nigeria Export Processing Zone Authority (NEPZA)
The Authority is Nigeria's Investment Promotion Agency for investment into the Free Zone areas in Nigeria . The licensing, monitoring and regulation of Free Zones Scheme in Nigeria is vested on the Nigeria Export Processing Zones Authority by the Nigeria Export Processing Zones' Act 63, of 1992.

Read more...

Nigeria is richly endowed with a variety of solid minerals ranging from precious metals various stones to industrial minerals such as barytes , gypsum, kaolin and marble. Most of these are yet to be exploited. Statistically, the level of exploitation of these minerals is very low in relation to the extent of deposits found in the country. One of the objectives of the new National Policy on Solid Minerals is to ensure the orderly development of the mineral resources of the country.

Read more...