rng, 10-1 AM Nigeria - Wikipedia Nigeria has a market of 720,000 ears per year, but les than 20% of these are produced domestically 168) Indigenous manufacturers One indigenous auto manufacturing company, Innoson Vehicle Manufactus Led] is, foested in Nnew, Anambra tate. Iproduces buses SUV an since May 20a keer i) Another local ear manufacturer is Nord Automobiles Ltd. Nord has two assembly plants: one in Sangotedo/Lekki, where all eight models are currently assembled; a plant in Epe is still under '""'80 voles, construction, The company currently manufactures its own plastic parts and plans to add steel stamping inthe future?) Tn Ishara, 30 km north-cast of Lagos, Proforce L1d. produces armoured vehicles.68! in March 2022, Proforce was able to sell an unknown number of armoured vehicles to Belarus.) This isthe first time that vehicles manufactured in Nigeria have been supplied toa European country OMAA Motors produces mini-busses, which run on petrol or natural gas or (since June 2022) both.{0147 OMAA Motors are located in Igbo-Ukwu, Anambra State,("72) Foreign car manufacturers Until recently, the most productive foreign car manufacturer on Nigerian soil was Peugeot Automobiles Nigeria (PAN) in Kaduna, In April 2022, Peugeot sold its shares and Aliko Dangote entered in its place." The company name was changed to DPAN the sme ime In the tre, manly the Chines brands Chery and Higr wil be sed uring pre-produced pats) Anew production line is supposed to increase the output to 120 cars per day.| 375] ‘The Stallion Group assembles 45,000 Volkswagen cars in Lagos each year 050) GAC Motors assembles cars from knocked-down parts in Ojota, Lagos. {1751 Fertiliser On 3 May 2022 a fertiliser production plant was commissioned near Lagos that will produce 3 million tonnes of fertiliser a year.0771781 with no more Russian fertiliser coming onto the world market in 2022 due to the Ukraine war, Nigeria is filling a gap in the market,78) Pharmaceutical industry Currently, Nigeria hosts about 60 percent of the pharmaceutical production capacity in Africa.) Most larger pharmaceutical companies in Nigeria are located in Lagos 82) The Pharmaceutical producer with the most employees in Nigeria appears to be Emzor Pharmaceutical Industries Ltd."8"| Furthermore, Fidson Healthcare Ple,"82] May & Baker {Nip, Plc!83] and Suiss Pharma Nigeria! seem to be the major pharmaceutical companies in Nigeria. Electronic Nigeria has a few electronic manufacturers like Zinox, the first branded Nigerian computer, and ‘manufacturers of electronic gadgets such as tablet PCs.1851 Steel production According to its own information, the Ajaokuta Steel Company Limited produces 1.3 million tonnes of steel per year.l286) This would be equivalent to one-sixth of the UK's steel production in 2021 !871 The ore forthe steel production originates from the ore mine in Itakpe Steel plants in Katsina, Jos and Osogbo no longer appear to be active./#8) Services and tourism Stool factory in jaokuta Financial sector hitpson.wikipodia orehwikiNigeria 19077119722, 10:11 AM Nigeria - Wikipedia Nigeria has a highly developed financial services sector, with a mix of local and international banks, asset management companies, brokerage houses, insurance companies and brokers, private equity funds and investment banks.89) Telecommunication Nigeria has one of the fastest-growing telecommunieations markets in the world, with major emerging market operators (like MTN, ‘mobile, Airtel and Globacom) basing their largest and most profitable centres in the country.(!99) Nigeria's ICT sector has experienced a lot of growth, representing 10% of the nation's GDP in 2018 as compared to just 1% in 2001.19!) Lagos is regarded as cone of the largest technology hubs in Africa with its thriving tech ecosystem.(!%) Several startups like Paystack, Interswiteh, Bolt and Piggyvest are leveraging technology to solve issues aeross different sectors. Transportation Due to Nigeria's location in the centre of Africa, transport plays a major role in the national service sector. -‘The government under Buhari initiated improvements to the infrastructure after 2015. Extensive road repairs and new construction have been carried out ‘gradually as states in particular spend their share of increased government allocations. Representative of these improvements is the ‘Second Niger Bridge near Onitsha, which was largely completed in 202,831 Fashion The fashion industry in Nigeria contributes significantly to the country’s economics. Casual |) : attire is commonly worn but formal and traditional styles are also worn depending on the occasion. Nigeria is known not only for its fashionable textiles and garments, but also for its fashion designers who have inereasingly gained international recognition. Euromonitor estimates the Sub-Saharan fashion market to be worth $31 billion, with Nigeria accounting for 15% of these $31 billion, 1941 Tuen Basi Lagos based Ngoran Tourism fashion dosignor Tourism in Nigeria centres largely on events, because of the <3] country’s ample amount of ethnic groups, but also ineludes rain forests, savannah, waterfalls, and other natural attractions, {195 Abuja is home to several parks and green areas. The largest, Millennium Park, was designed by architect Manfredi Nicoletti and officially opened in’ December 2003. After the re- modernization project achieved by the administration of Governor Raji Babatunde Fashola, ‘Lagos is gradually becoming a major tourist destination. Lagos is currently taking steps to become a global city. The 2009 Eyo carnival (a yearly festival originating from Iperu Remo, Ogun State) was a step toward world city status. Currently, Lagos is primarily known as a business-oriented and fast-paced community: 294) Lagos has become an important location for African and black cultural identity 97 Many festivals are held in Lagos; festivals vary in offerings each year and may be held in different months. Some ofthe festivals are Festac Food Fair held in Festac (https://web.archive. org/web /20180820075714/http://www.festacfoodfair.com/) Town Annually, Eyo Festival, earcian Ala Ibom go course park Lagos Black Heritage Carnival (https: //web archive.org/web/20181102044321/http://lagosblac Kheritagefestival.com/), Lagos Carnival, Eko International Film Festival, Lagos Seafood Festac Festival, LAGOS PHOTO Festival and the Lagos Jazz Series, which is a unique franchise for high-quality live musie in all genres with a focus on jazz. Established in 2010, the event takes, place over a 3 to 5 days period at selected high-quality outdoor venues. The musie is as varied as the audience itself and features a diverse mix of musical genres from rhythm and blues to soul, Afrobeat, hip hop, bebop, and traditional jazz. The festivals provide entertainment of dance and song to add excitement to travellers during a stay in Lagos. Leki Beach in Lagos Lagos has sandy beaches by the Atlantic Ocean, including Elegushi Beach and Alpha Beach, Lagos also has many private beach resorts including Inagbe Grand Beach Resort and several others in the outskirts. Lagos has a variety of hotels ranging from three- star to five-star hotels, with a mixture of local hotels such as Eko Hotels and Suites, Federal Palace Hotel and franchises of multinational chains such as Intercontinental Hotel, Sheraton, and Four Points by Hilton. Other places of interest include the Tafawa Balewa Square, Festac town, The Nike Art Gallery, Freedom Park, and the Cathedral Church of Christ. Infrastructure hitpson wikipedia.org wikiN gor 47