Frequently Asked Questions

•Why Nigeria
•What is the level of infrastructural development in Nigeria
•What is the level of banking and financial sophistication in Nigeria
•What is the crime and security situation
•What is the rate of return on investments
•Is citizenship an impediment in doing business in Nigeria

Why Nigeria?
Nigeria is the single largest market for goods and services in Africa. Neighboring markets can be served from Nigeria. Indeed most countries in West, Central and East Africa depend on Nigeria for the supply of their very basic goods and services.
In Nigeria raw materials are readily available for various industries and the government of Nigeria has put in place various policies to encourage both foreign and local investments namely; 100% foreign ownership, unrestricted remittance of capital, profits and dividends, tax holidays etc.
E.M.A Ventures can be very useful in the setting up, organization and market development for intending foreign companies. We will help you overcome the impediments.

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What is the level of development of infrastructures?
Nigeria is a developing country and infrastructures development is relative. The country can boast of five international airports and a number of local airports. The airports are located in a manner that allows all the regions in the country to be served with at least one international and local aerodrome.The electricity supply situation in Nigeria is not the ideal, but some parts enjoy more supply than others, so industries and factories can take advantage of the situation. It may be necessary to have a back-up power supply arrangement to be in production and operation 24 hours annually. In Nigeria there are at least 5 major sea ports for international trade namely Lagos port, Port Harcourt, Calabar sea port, Calabar Export Processing Zone and Onne free zone.
Road and rail transportation are very popular means of carrying human and goods within Nigeria and across the international borders.Telephone services in Nigeria have remarkablyimproved in recent times. The present government is doing a lot in this regard; so far it has licensed 4 mobile Telephone companies of which all have begun full operations. The government has also licensed over 20 fixed wireless networks and has also licensed a Second National Network Carrier. Current Government actions have improved telephony greatly. It is now possible to reach most parts of the country by telephone.

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What is the level of banking and financial sophistication in Nigeria?
The banking system operated in Nigeria is branch banking. This is where individual banks open and operate branches in various locations across the country. Most of the branches are linked directly to their Head Office by a computer network, thus you can operate your bank account from any of their branches nor matter the location.
Most banks in Nigeria are computerized, thus cutting down on transaction time, but e banking is not fully in use.
All the banks, do engage in all legally permissible transactions including foreign operations namely; funds transfer, letter of credits etc.
The Nigerian Stock Exchange operates a viable stock market namely, the Lagos Stock Market. Trading in quoted companies shares and government stocks is a routine. The stock exchange is a reliable place to raise capital for businesses.
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What is the crime and security situation?
The security situation in Nigeria is becoming more predictable with a democratically elected government in place. The crime situation has not improved to the desired level. We have violent crimes being committed daily especially in large urban centers, but foreigners may operate successfully without being victims of this crimes, if they accept E.M.A. Ventures as their guides.
In addition Nigeria is home to some of the best SCAM ARTISTS. Foreign investors can avoid falling victims to scams by simply working closely with E.M.A. Ventures in their entire endeavors in Nigeria.
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What is the rate of return on investment?
In Nigeria market for most products is guaranteed due to the large population and lack of intense competition. The cost of marketing is also reasonably low.
It is possible to make between 35% to 100% profit from your investments in Nigeria.
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Is citizenship a factor in doing business in Nigeria?
No. You do not have to be a Nigerian citizen nor do you require a Nigerian as a part owner of your business. You can operate successfully as a foreigner provided you have good counseling, advice and support. E.M.A. Ventures is the right place to begin your Nigerian venturing.
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