Turidas Investment Ltd
Company Details
Company Introduction
Africa, second-largest of the Earth&＃39;s seven continents, with adjacent islands, covering about 30,330,000 sq km (11,699,000 sq mi), or about 22 per cent of the world&＃39;s total land area. At the end of the 20th century more than 13 per cent of the world&＃39;s population lived in Africa.African vegetation can be classified according to rainfall and climate zones. Africa is very rich in mineral resources, possessing almost all types of the known minerals of the world, many of which are found in significant quantities, although the geographic distribution is uneven. Fossil fuels are abundant, including major deposits of coal, oil, and natural gas. Africa has some of the world&＃39;s largest reserves of gold, diamonds, copper, bauxite.Patterns of Economic Development: Traditionally, the vast majority of Africans have been farmers and herders who raised crops and livestock for subsistence. Manufacturing and crafts were generally carried on as part-time activities.Agriculture: Despite the expansion of commerce and industry, most Africans remain farmers and herders; although some 60 per cent of all cultivated land is in subsistence or semi-subsistence agriculture, commercial or cash-crop farming is common in all parts of the continent. Foodstuffs are grown for local urban markets, but cloves, coffee, pineapples, cotton, cacao, sugar, tea, maize, rubber, sisal, groundnuts (peanuts), palm oil, and tobacco are among the long-established crops grown by Africans for export. In the past 15 years there has been significant development of new export crops, aimed at the high-value end of the Western, primarily European market. For certain traditional African agricultural exports, such as cacao, groundnuts, cloves, and sisal, the continent produces the majority of the world supply.Mining: Mineral extraction provides the bulk of African export earnings, and extractive industries are among the most developed sectors in most African economies from some of its leading mineral-producing countries like include Libya (oil), Nigeria (oil, natural gas, coal, tin), Namibia.Nigeria, the most populous country in Africa has an area of 923,768 sq km. Its name is derived from that of its major river, the Niger. Abuja is the capital and Lagos is the largest city.Most of the country is suitable for agriculture. Its major non-agricultural economic resources are its massive offshore petroleum and natural-gas deposits.Nigeria was traditionally an agricultural country, providing the bulk of its own food needs and exporting a variety of agricultural goods, notably palm oil, cacao, rubber, and groundnuts (peanuts). By the 1970s, however, oil had supplanted cash crops as the major source of foreign exchange and transformed Nigeria &＃39;s economic fortunes. After oil prices collapsed during the 1980s the federal and state governments embarked on ambitious development programmes aimed at diversifying the economy. Only some of these have proved sustainable and oil revenues remain the principal generator of economic activity in the country. However, Nigeria &＃39;s unpopular military rulers have failed to make significant progress in moving the economy away from over-dependence on oil,60 per cent of which is state-owned.Nigeria has a workforce (everyone aged over 10 years of age) totalled 51.6 million in 2001. This adequately provides human resource and manpower that meets any sectors needs. The crop of these resource is a perfect blend of artisans, elites and seasoned experienced persons who are available to provide technical support in an internationally aclaimed expertise renowned worldwide.Its in this vein Turidas Investment Ltd is calling on investors from the international market to explore the potentials of investing in Nigeria. This is a viable alternative as can be seen in MTN Communication, Shoprite, British-American Tobacco, Julius Berger and a host of others who have struck gold investing in Nigeria.
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Company Product
- Petroleum and Oil ServicesFishCarrier Transport Servicesbusiness Consulting ServiceRicePoultryIntercity Transport ServicesCocoaCassavaVessel Charter ServicesOil Field ServicePetroleum Industry Consulting ServiceEstate Brokerage ServiceSell Cassava (Pellet, Chips) Cocoa, Cashew NutSell Cassava Product