Marketing Nigeri Nigeria s Largest Economy - 1231 Words

De’Angelo Collington Dr. Bunger WC 370 SSA 1/24/17 Marketing Nigeria In April 2014 statistical rebasing exercise, Nigeria has emerged as Africa s largest economy, with 2015 GDP estimated at $1.1 trillion. Oil has been a dominant source of income and government revenues since the 1970s. Following the 2008-9 global financial crises, the banking sector was effectively recapitalized and regulation enhanced. Nigeria’s economic growth over the last five years has been driven by growth in agriculture, telecommunications, and services. In this paper I will be trying to marketing some of things in Nigeria that might have people interested in getting their hands on or even coming to Nigeria to see. For instance I will give you why some people†¦show more content†¦Although production figures dropped in the eighties due to economic slump, 2004 saw a total rejuvenation of oil production to a record level of 2.5 million barrels per day. Current development strategies are aimed at increasing production to 4million barrels per day by the year 2010. The gross domestic profit (GDP) is going up every year 2013 was 1 trillion, in 2014 it was 1.063 trillion, and in 2015 it was 1.092.† So every year it is going up and up so for anyone you can see that you would be able to make money in the oil business in Nigeria if you or anyone else for that matter could get your hands in on some of that deal you could be making a lot of money. In my option this is not a high risk because the oil figures are not going down at all so the money you would put in you would defiantly get back in the long run. There are many attractions in Nigeria but I’m going to give you about two or three of them. The number one attraction in Nigeria is the Nike Art Center. The Nike Art Center is an art gallery in Lagos owned by Nike Davies-Okundaye. The gallery is arguably the largest of its kind in West Africa. Housed in a five-story’s tall building, it boasts a collection of about 8,000 diverse artworks from various Nigerian art ists. A little more about the center Nike is the Managing Director/CEO of Nike Center for Art and Culture, Osogbo where trainings are offered free of charge to all Nigerians in various forms