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Tory Direct Exports |
Nigerian Exports Analysis
The economic climate is ready for Tory Direct Exports™. Tory Direct Export™ and Tory Capital Research Group™ statistics show that imports from Nigeria to the U.S. reached over 16 billion in 2004 and could reach a record 18 billion in 2006. Our projections show that imports to Nigeria could grow to well over 20 billion by 2008. Source: Tory Capital Research Group™, LLC In 2005, The U.S. Department of State website noted of Nigeria, “It offers investors a low-cost labor pool, abundant natural resources, and potentially the largest domestic market in sub-Saharan Africa.” The climate in Nigeria is changing rapidly. All firms will soon have to have direct links to open markets. Tory Direct Export™ offers these links and a trustworthy partnership. The Nigerian government has now effectively privatized Nigeria's telecommunications markets. The Telecommunications Act of 2001 allows the Nigerian Communications Commission (NCC) to issue licenses to existing and prospective service providers. NITEL's monopoly over telecommunications services in Nigeria is now effectively over, enabling many service oriented opportunities. The NCC auctioned GSM licenses in 2001 and frankly business is booming in the sector. Tory Capital Research Statistics™ show that the mobile and fixed lines in Nigeria have reached 9 million . The NCC plans to increase this to 20 million by the end of 2005. We at Tory Direct Export™ believe this number is slightly underestimated and approximate this number to be roughly 22 million by 2005. Tory Direct Export™ recognizes these vast opportunities and offers services and a range of products to help any company take advantage of these and other trends in Nigeria and West Africa while building a stronger international presence. |
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