The Advantages of Doing Business In Nigeria
|October 22, 2012||Posted by Vishal under Nigeria Business Visa||
There are several investment opportunities to be found in Nigeria today. Road and airline transportation have accomplished a high standard, however, water recreation and rail services are still in need of improvements, therefore making it the perfect investment opportunities. These days, the government is promoting an inter-modal transportation system. Furthermore, several big hotel groups make the hospitality sector highly competitive. However, if you are serious about this and have obtained your Nigerian business Visa, this would then be ideal for investments in beach locations, as they are highly under saturated. Another under saturated sector for investments is the sector of tour operators, which could market specific locations in Nigeria.
A stable political climate and a congenial macro-economic framework create a promising environment for investment opportunities, thus making it the perfect time to apply for a Nigerian business Visa. The financial climate would also be greatly improved. A Nigerian Business visa will also be perfect for investment in the tourism industry. Reason for this is a policy that was put in place in 1990 by the Nigerian government to make Nigeria the number one tourist destination in Africa. There are several factors that should be taken into consideration. Nigeria’s abundant resources and the Governments’ support create the great opportunity for a Nigerian business visa, increasing the chances of sustainability and a profitable return.
Several strategies have been adapted to attract both tourists and investors. Infrastructural facilities are being developed at greater speed for the purpose of tourism promotion, as stated in the tourism policy previously created. Furthermore, to increase investments and tourism, lands are provided at fair rates. Tourism is treated as the preferred sector. To control activities of people working in the tourism industry laws and regulations were enacted. A huge publicity campaign has also been started by the Nigerian government. Foreign media and diplomatic missions are used to make this campaign succeed. Tourist visas and a Nigerian business visa can be obtained more easily and promptly.
Full responsibility has been taken by the Federal Ministry of culture and tourism to initiate and monitor all tourist matters. These regulations are followed up by state ministries and local governments. Tourism boards were also initiated by local governments to further identify possible tourist locations. A Nigeria visa is therefore perfectly suited for investments in the tourist industry.
However, there are several sectors that require elaborate attention before applying for a Nigerian business visa – please visit our site for more information.
This post was written by Vishal Mavadia, Business Director Visa Services London.