SEVEN INVESTMENT OPPORTUNITIES IN NIGERIA.

According to the Nigerian Investment Promotion Commission (NIPC) there are seven very bright stars out of 34 potential investment opportunities in Minerals exploitation in Nigeria.
According to a post on its website, Nigeria has good quantities of about 34 minerals across the country but only seven stand out with immediate potentials because available quantities will take years to exhaust.
Top of the lot, according to NIPC was Gold which is available in several prospects in at least seven states:Cross Rivers; Edo; Niger;Kaduna; Katsina; Kebbi and Zamfara states.
Tar sand is next, says NIPC with estimated quantity equivalent to 27bn barrels of crude oil. Tar sand has been identified in 11 states viz Abia; Anambra; Edo; Yobe; IMO; Ebonyi; Benue; Akwa Ibom; Cross Rivers and Borno.
Coal also comes into reckoning with estimated 2.7 bn tons waiting to be harvested in Eight states: Benue, Enugu, Nasarawa, Gombe, Edo; Anambra, Abia and Ondo.
The NIPC also fingers Iron Ore as having immediate potential for exploitation. About 3bn tons are estimated to be available in two states: Kogi and Nasarawa.
The fifth shining star mineral in Nigeria, says NIPC is Limestone. Cement companies are already doing good business exploiting it but with estimated 2.23 trillion tons still intact, there is room for more players. It is available in 11 states: Enugu, Cross Rivers, Ogun, Edo, Benue, Gombe, IMO, Sokoto, Adamawa, Ebonyi and Yobe.
Baries also shine brightly as it is estimated the about 14m tonnes are available in seven States: Benue, Cross Rivers, Yobe, Enugu. Adamawa, Taraba and Nasarawa.
Last on the recommended list of seven is lead/zinc sulphide. It is estimated that over one million tons are in nine states: Nasarawa, Plateau, Taraba, IMO, Bauchi, Gombe, Ebonyi, Kano and Benue
These seven, declared NIPC, are " world class . ...that have been carefully identified and chosen for development in view of their strategic importance to Nigeria's economy and availability in sufficient quantities to sustain years of operations".

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