A land of opportunities with difficult circumstances
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| Nigerian Papulation |
Nigeria is the largest economy of Africa. It is the biggest oil producing country with the largest population in this region. This land is very rich in its natural resources which include coal, led, zinc, iron, tin, ore, niobium, bauxite and at the top oil and gas. As an owner of such valuables Nigeria can become one of the leading countries for having a trade relationship internationally, but the problem arises due to lack of internal stability. There are major problems that stop this country to prosper further and become a leading trading power. These problems demand a consideration when doing business in the region so that tactics can be planned to tackle any problem that comes in the way. A star cargo is providing the best services related to cargo in Nigeria. Visit us at www.astarcargo.co.uk and get free price quotes.
Relation of Britain and Nigeria:
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| Britain relation with Nigeria |
Nigeria and UK share very good trade relationships, there are many
British companies including of UK doing successful business in the region with
overcoming some difficulties. But once you are in the country and develop ties,
the business becomes easy and according to will. Some very strong factors make
the place very feasible for doing business. One is the same legal and business
practices both UK and Nigeria share that makes the work easier due to knowing
the same procedures. Another is the commonness in culture and language. Then
there are business incentives such as free trade zones
and tax holidays, which counts a lot in the promotion of local and
international trading. Also the time zone is almost the same with one hour
difference in winters. All these aspects make the deal a very profitable one
and attract the investor in the country.
Negativities:
Nigerian poverty
With all these positive sides, one will wonder that what in the
heaven will be wrong with the land that has such positive atmosphere for
business. But there are challenges present with which one has to be aware of to
avoid any future difficulty. One is the poor power supply throughout the
country; there is no region devoid of this problem, you have to be loaded with
power generating machinery to overcome this problem. To make things worse there
is no infrastructure present of any sector that makes a proper system for
regulating resources. There are security issues present which make the situation
more difficult and the government becomes slanting when it comes to award a
contract or paying. The paying process is slow due to lack of dollar
reservoirs. Other problems include high level of corruption, poverty and
unemployment, and training.
What UK exports to Nigeria?
Cargo Services
Other than oil sector other sectors are in serious conditions as
Nigeria depends highly for its economy on oil trade. The export UK deals in
Nigeria is also dependent on the needs of the country as a whole. The economy
faces a downfall if the oil prices in the international market falls and the
country sees a decline in its profits which make the situation complex. We are
offering air cargo, sea cargo and door to
door cargo services at low prices and high protection.
The goods that UK exports to Nigeria include:
Petroleum, its products and related materials
Power generating machinery and equipment
Transport equipment
Road vehicles
General industrial machinery, equipment and office machines
Essential oil and perfume materials and toiletry
Medicine related products
Textile thread and fabrics
Vegetables and fruits
Beverages
