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NIGERIAN INVESTMENT PROMOTION COUNCIL (NIPC)
The Nigerian Government revealed that Nigeria’s vehicle production industry recorded over $1 billion worth of investments in 2022
Manufacturing received the largest investment accounting for 60% ($5.08 billion); followed by construction ($2.90 billion); electricity ($0.26 billion); and agriculture ($0.11 billion).
NIPC has identified poor quality of packaging and labelling as the major reason why exported products from Nigeria are rejected overseas.