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The Economy & You

The Economy and You ( Mrs. Adetokunbo Adewoyin and Mr John-Bede Anthonio )

Thu 26th Oct 2017

Over the years, Nigeria remains an attractive export and investment destination for international businesses in the medium term because of its scale, resources, location and has the largest market in Africa, with a population of over 160 million people. The economic downturn in Nigeria over the last few years was as a result of the sharp decline in the export rates in the oil sector, and has caused a slowdown in the rate of exportation in that sector, even as oil was our major exporting resource. However, in recent times, more attention has been focused on the non-oil sector, opening up more opportunities, growth and attracting both foreign and local investments. The National Bureau of Statistics (NBS), revealed that Nigeria’s export trade in agricultural exports increased by 82 percent in the first quarter of 2017. With Nigeria being a major exporter to western countries especially in the areas of agricultural products, the question therefore is, how much opportunities and growth are there for the SMEs in the export sector? Join us this Sunday as Mrs. Adetokunbo Adewoyin, General Manager of Colossus Investments Limited and Mr John-Bede Anthonio, Co- Founder A-Z SME walks us through some of these opportunities

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