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Biz Opportunities in Enugu State

The document discusses business and technology opportunities in Enugu State, Nigeria. It examines the state of technical companies, means of internet connection, web hosting companies, and other technology companies in the city. It also explores segments of the city's population by income level and the services each group is willing to pay for. Finally, it considers the state of local tourism and travel companies in Enugu State.

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0% found this document useful (0 votes)
118 views46 pages

Biz Opportunities in Enugu State

The document discusses business and technology opportunities in Enugu State, Nigeria. It examines the state of technical companies, means of internet connection, web hosting companies, and other technology companies in the city. It also explores segments of the city's population by income level and the services each group is willing to pay for. Finally, it considers the state of local tourism and travel companies in Enugu State.

Uploaded by

diamondannie90
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

BUSINESS OPPORTUNITIES

IN ENUGU STATE

05/18/2024 1
TECHNOLOGY

05/18/2024 2
Q1. State and Viability of Technical
Companies in Enugu and their
Areas of Specialization

05/18/2024 3
Q2. What is the dominant means of
internet connection? How many companies
provide this and how many fibre optics
connections have entered Enugu?

Presently, the cheapest and dominant means of connecting to


the internet in Enugu is via mobile telecommunications
Networks.

The major companies that provide this ( Internet Service


Providers) are :
MTN
GLOBACOM
AIRTEL
ETISALAT

05/18/2024 4
About two fibre optics connections have been laid in
Enugu. They are:
GLO 1, owned and operated by Globacom.
West African Cable System (WACS), owned and
operated by MTN.
One can subscribe for fibre from MainOne Cable
network. It doesn’t really matter where you are.
Although they have no office in Enugu, but it is still
possible.
More optical cable fibres are still being laid by other
service providers to enhance connectivity and data
services.
05/18/2024 5
Q3. Are there web hosting and
designing, software programming
companies in the city? Is there a
computer coding Academy?

Yes, there are such companies and Academies


in Enugu. Some of them are:
 AfriHub Nig. Ltd

 Rocana Institute of Technology

 Cyberia Web Solutions and a host of others.

05/18/2024 6
Q4. Apart from internet based companies,
what other technology enabling companies
are operational in Enugu?
We have a number of vibrant technology enabling companies in the State.
These include

 Innoson Tech. & Industrial Co. Ltd., Plot W/L Industrial Layout,
Emene, Enugu State-manufacturers of all kinds of plastic materials.

 Innoson Vehicle Manufacturing Company Ltd-A vehicle assembling


plant that makes all brands of IVM vehicles.

 Juhel Nigeria Limited, 35, Nkwubor Road, Emene, Enugu State-A


manufacturer of pharmaceutical products and also petroleum products
marketer.

05/18/2024 7
 Auto Star Motor Company, Enugu-Vehicle assemblage.

 Alo Aluminium Manufacturing Company Nig. Ltd., Emene-


Manufactures aluminium roofing sheet.

05/18/2024 8
SERVICES

05/18/2024 9
Q1. What are the things that residents of Enugu complain mostly about?

Residents of Enugu complain mostly about the following:

 Epileptic power supply

 High cost of rents in Enugu metropolis

 That the State is not highly industrialized thereby giving it the status of ‘Civil Service’ State
with low internally generated revenue by the government.

 Very high school fees in the State-owned tertiary institutions.

 Lack of access to portable (pipe-borne) water

 High cost of food stuffs in the market

 Lack of good and accessible road networks in the rural areas leading to high cost of
transporting agricultural produce to the city by local farmers.

 Lack of infrastructures and other social amenities in the rural areas. For instance, when you
travel to some villages in Enugu you find it difficult to make phone calls or use internet
services because of poor connectivity.
05/18/2024 10
Q2. If you can segment the population
of Enugu City into their income levels
what will the map look like? What will
be the 3 most essential services that
each area will be willing to pay for?

In terms of income levels, the population of


Enugu City can be segmented into:
(i) High income earners
(ii) Medium income earners
(iii) Low income earners
05/18/2024 11
The High Income earners will be willing to pay for
exotic housing, quality health care services and other
basic utilities that make life easier and more comfortable.

The Medium income earners will be willing to pay for


good and affordable housing, quality and affordable
education, and quality health care as well as other social
services.

The low income earners will be willing to pay for low


income houses, cheap food supply, quality and
affordable education for their children and other social
amenities.

05/18/2024 12
Q3. Are there visa processing
offices in Enugu?

No, there are no such offices in the State yet.


However, there are agents or middlemen that
help in processing visa for people.

05/18/2024 13
Q4. What other services do people
have to travel outside the state to get?

People travel outside Enugu to clear their imported


goods at Wharf.

05/18/2024 14
Q5. Which services can make/help position
Enugu as the dominant
business/Technology/Leisure hub for the
South East?
 Establishment of amusement parks, museums and game
reserves in the State will help to position the State as a leisure
hub in the South East.

 Institutes for intensive training and retraining of the youths in


ICT, computer and mobile phone softwares and hardwares will
also boost the economy of the State and help adddress the issue
of unemployment in this digital age.

 Siting of more manufacturing industries in the state will also go


a long way in repositioning the state as an economic hub in the
South East.

05/18/2024 15
Q6. There is a road that connects Enugu to
Cameroun, which services can leverage this link on
both sides?

The Enugu-Bamenda Highway which connects Enugu


to Cameroun is transformational in terms of the direct
benefits felt by the population within the area. It will
contribute to job creation and private sector expansion
by facilitating the marketing of agricultural produce in
the region. It will also improve social and rural
infrastructure including access to schools, markets, etc.

Again, the road has tremendous potential for economic


transformation by improving the efficiency of transport
and living conditions of the population within the
region.

05/18/2024 16
TOURISM

05/18/2024 17
Q1. How will you rate the state of
local tourism in the state?

Enugu State has a lot of tourism potential


because the state is richly endowed with
human and natural resources that can support
the development of tourism. However, this
potential is yet to be fully tapped.

05/18/2024 18
Q2. How many viable Travel and
Tours Companies exist in Enugu? Are
there companies that hand local
tourism? Foreign tours?
There are no company yet that handle local tourism in
the state. Local tourism is still being handled by
Enugu State Tourism Board and Enugu State Council
for Arts and Culture. These government parastatals
are under the supervision of Enugu State Ministry of
Culture and Tourism.

As per foreign tours,there are quite a number of viable


Travel and Tours Companies in the State. Some of
them include:
05/18/2024 19
1. Fkzi Travel Services Limited
52 ,Chime Avenue New Haven, New Haven, Enugu East, Enugu, Nigeria

2. Diversified Travels And Tours Limited


20/36, Chime Avenue, New Haven, Enugu North, Enugu, Nigeria

3. Express Booking
3 ,Nnedinma Close RCC Quaters, Trans Ekulu, Enugu East, Enugu,
Nigeria

4. Prime Global Agency


91 ,Nike Lake Resort Road, Enugu East, Enugu, Nigeria

5.Echoes Of Mercy Travels And Tours Limited


Suite 17, 253, Car-Show Plaza, Ogui Road, Enugu East, Enugu,Nigeria

05/18/2024 20
6. Autostar Travels And Tours Limited
Airport Road Emene Industrial Layout Enugu East Enugu Nigeria

7.Busdoc Travels And Tours


30 ,Ogui Road, Enugu North, Enugu, Nigeria

8. Hikgen Limited
11 ,Chime Avenue, New Haven, Chime Avenue, Enugu North, Enugu,
Nigeria

9. Dana Airlines Limited


Akanu Ibiam, International Airport, Emene, Enugu East, Enugu, Nigeria

05/18/2024 21
10. Ifex Express Limited
12 ,Okpara Avenue, Enugu North, Enugu, Nigeria

11. Ifex Express Limited


2 ,Enugu Road, Nsukka, Enugu, Nigeria

12. Master Air Travel Limited


17/23 ,Ogui Road, Enugu North, Enugu, Nigeria

13. West Travel and Tours Nig. Ltd.


24 Chime Avenue, New Haven, Enugu, Nigeria.

14. Global Link Services Nig. Ltd.


22 Emelugo Drive, Trans-Ekulu, Enugu State.

These companies are work as tour managers and


travel agencies. They also render services like
airline booking and much more.

05/18/2024 22
Q.3 Are there any processes, official
guidelines and documents, etc from
the ministry of Tourism for any
company that wants to do local
tours (registrations, permits, etc)?

Yes, there are official policies and guidelines mapped


out by the state ministry of Tourism to guide the
Tourism Board’s activities to ensure that any
company that wants to do local tourism in the state
adhere to best practices.

05/18/2024 23
Q4. The brochure showed numerous tourist
sites in Enugu. How developed are these
sites? What are the Government plans for
these sites? Are they already concessioned
to some companies?
The tourist sites shown in the brochure are actually in
existence in the state although they are not well-
developed for economic viability.
However, the state Government is ready to partner with
any company that wishes to develop these sites and
make them economically viable.

These tourist sites are not yet concessioned to any


company.
05/18/2024 24
Q5. Are there other viable infrastructure-
(hotels, restaurants, reserves, etc. What
are there rating) to support local
tourism? Can the economy support it?

Yes, there are viable infrastructure like hotels


and restaurants to support local tourism? A
typical example is Nike Lake Resort which is
a 3-star Hotel built in the eighties and is still
operational to this day. It is one of the best
hotels in the South East.

05/18/2024 25
There are several other exquisite hotels in Enugu as
listed in the brochure.

In the case of restaurants and event centers, we have


places like New Berries Park, Crunchies, Celebrities,
Golden Toast, Citi Center, Genesis, Bubbles plaza, etc.

The economy of the state can support the upgrading of


the various tourist sites in the state to international
standard by means of any of the three investment
models as contained in the brochure. These sites if well
developed will even boost the economy of the state and
provide job opportunities.

05/18/2024 26
REAL ESTATE

05/18/2024 27
Q1. The government appears to have a lot
of real estate development schemes. What
are their status and prospects?
The government of Enugu State through the Enugu State Housing
Development Corporation(ESHDC) has a lot of real estate development
schemes by which it has fully developed the following estates:

 Riverside Housing Estate Abakpa Nike

 Trans Ekulu Housing Estate Enugu

 Real Estate Uwani

 Republic Layout Estate Phases I, II, and III

 Harmony Estate, Umuchigbo Iji Nike

 Ebeano Housing Estate Indepence Avenue Enugu.

05/18/2024 28

 Q-Services Estate Enugu (Governmnet House)

 Coal City Gardens Estate G.R.A. Enugu.

 Maryland Estate

 Ekulu East Housing Estate

 Devine Estate 9th mile corner , Ngwo

 Liberty Estate Phases I and II

 Fidelity Estate, GRA, Enugu

 Sunrise Estate, New Abakaliki Rd, Emene

 Ivory Estate, Trans Ekulu

 Palm Beach Estate, Obukpa Nsukka


05/18/2024 29
 Network Estate, Ibagwa Nike

 Lakeside Estate

 Trinity Estate, Emene

 Victory Estate

Some of these estates comprise of duplexes, others are flats and


bungalows with good access roads and necessary facilities
and utilities.

These estates have good prospects because there are always


ready buyers for which ever category is developed.

05/18/2024 30
Q2. What is the process, including company
requirements of obtaining land from the
government for real estate development purposes?
Is the activity still on-going?

The process involved in land acquisition scheme is


under three main headings:
(i)The Application Stage
(ii) Purchasing and
(iii) Land registration and titling

05/18/2024 31
(i) Application Stage:
Individuals or companies seeking to acquire land from the
government for real estate development purposes usually obtain an
application form for a non-refundable fee from the Enugu State
Ministry of Lands and Urban Development following the advert for
such, depending on the size of land needed.

(ii) Purchasing Stage:


Enquiries are made on the cost of the land as well as the requirements
for land title and registration. These are important in providing
relevant information needed for successful acquisition of this land.
Following the agreement on the cost of the land and registration
process is the actual payment and signing of land purchase
agreement.

(iii)Land Registration:
With the successful payment for the land, the Surveyor General
prepares a survey plan of the purchased land. This survey plan forms
part of the documents used in the registration and obtaining of
Certificate of Occupancy (C of O) from the Enugu State Ministry of
Lands and Urban Development.

05/18/2024 32
Procedures and Documents Required for
obtaining a C of O in Enugu State for a
State Land.
 Applicant purchases and submits form to Land Use
Allocation Committee of the Enugu State Ministry of Lands
and Urban Development and collects acknowledgement slip;

 Applicant collects letter of offer of allocation


 Applicant pays for allocated land ( within 90 days)
 Applicant issued with letter of confirmation with plot
number (Full payments must be made before plots are
allocated)
 The officer-in-charge processes application for C of O, signs
off on the file and forward files to executive Secretary Land
Use Allocation Committee.

05/18/2024 33
Surveyor General provides Scheme Officer with digitized survey; Land
Use Allocation Committee approves processing and signs letter of
allocation. LUAC signs off on the file, send file to the Senior Special
Assistant to the Governor on Lands;

SSA (Lands) vets entire file and sends file/application with a covering
memo to the Permanent Secretary Lands; if file has a query, message is
relayed back by notification;

PS Lands signs off on the memo and sends file to Governor. Governor
approves file and electronically signs C of O. If file has query, message is
relayed back by notification.

Upon approval and signing of C of O, the Governor signs off and


sends file to the Deputy Registrar for further processing. Deputy
Registrar processes file further, signs off and sends file to Registrar of
Titles for final registration; Registrar of Titles registers the C of O, signs
off and request for printing of C of O.

The whole process may take up to 21 days.

05/18/2024 34
Documents Required for State Land
 Formal letter addressed to the Executive Secretary Land Use Allocation
Committee, Enugu State Ministry of Lands and Urban Development;

 Standard allocation form with receipt;

 Four passport photographs with white background;

 Evidence of payment of Income Tax;

 Evidence of payment of Income Tax and Development Levy;

 Survey Plan;

 All payment receipts of land charges;

 Vital information form.

05/18/2024 35
AGRICULTURE

05/18/2024 36
Q1. The government at the Oganiru forum showcased a lot of
Plantations in the state such as cashew, palm, etc and
indicated the state has a lot of prospects with respect to
agriculture. Where are these plantations located? Are any of
them viable?

S/N LOCATION OF OIL AREA AREA REMARKS


PALM AVAILABLE PLANTED
PLANTATION (HA) (HA)
1 Ugwuoba (Oji River 6,800 600 Planted in
LGA) 1973
2 Akiyi Umulokpa 2,000 200 -do-
(Uzo-Uwani LGA)
3 Umualor/Ikem/Eha- 10,000 - Proposed
Amufu (Isi Uzo LGA)
4 Aninri LGA 5,000 - -do-

TOTAL 23,800 800

Oil Palm Plantations in Enugu State


05/18/2024 37
Q2. What is the process including company requirements
of acquiring any of the plantations from the government
for further development? Which of the plantations are
closer to the city? Are any of the plantations up for sale?
What is the bidding process like?

 The process of acquiring any of the plantations from the


government for further development is through Public-
Private Partnership frame work, lease or outright
purchase.
 None of the plantations is close to the city; they are all
situated in the rural areas.
 Some of the plantations are up for sale and prospective
investors are invited to take advantage of these potentials
available in the state.
 Details on the bidding process can be obtained from the
State Ministry of Agriculture.

05/18/2024 38
OIL PALM (ELAEIS GUINEENSIS)

 The oil palm is one of the most important economic tree


crops in Enugu State. Its economic products include palm
oil, kernel oil, palm kernel cake and palm wine and other
derivatives as well as other products from its vegetative
parts.

 By 1961, Nigeria was controlling 27% of the world global


trade in palm oil and palm kernels but its dominance was
eclipsed by Indonesia and Malaysia following the abolition
of the Commodity Boards in Nigeria.

 There are existing moribund oil palm plantations available


for lease to prospective investors under Public Private
Partnership.
05/18/2024 39
CASHEW (Anacardium accidentalis) VALUE CHAIN

 Cashew plant grows well in Enugu State and produces one of the best cashews in
the world;

 Cashew shells contain Cashew Nut Shell Liquid (CNSL) which is a source of
natural phenols used in the plastic industry;

 The technology for growing this crop and its ecology are well known in Enugu
State;

 Cashew is one of the economic tree crops where Enugu State has comparative
advantage and, therefore, seeks potential investors for the development of the
entire cashew value chain;

 Cashew can be picked randomly. It doesn’t have an organized market. It can be


seen in large quantity at 9 th Mile corner, Obollo Afor and Opi Nsukka, Enugu
State.

 State Government has moribund cashew plantations at the following locations:-


05/18/2024 40
S/N LOCATION LAND AREA
AVAILABLE PLANTED (HA)
(HA)
1 Oghe (Ezeagu LGA) 600 415

2 Oji River LGA 170 135

3 Private Small Holder Estate 1,400 1,400

TOTAL 2,170 1,950

Cashew Plantations ready for investment

05/18/2024 41
Q3. Which areas with agricultural prospects have the
menace of Fulani cattle herdsmen impacting them?

 Nsukka areas are more likely to be affected


by the menace of Fulani cattle herdsmen.
However, the cases of clashes between the
Fulani herdsmen and farmers in the host
communities are now on the decline in recent
times in Enugu State because of the measures
taken by the state government in
collaboration with security agencies so as to
forestall future occurrences.

05/18/2024 42
Q4. Rice also appears to be a crop that can be grown
in the state. What is the state of rice cultivation in
Enugu State? Are there opportunities in the rice
space for small holder farmers and small scale
investments?
 Enugu State is endowed with abundant water resources for irrigated rice production
and processing;

 The State has several rivers such as Adada, Kalawa, Nnom, Ozom and Obe Rivers, etc.
that can be dammed for both irrigation and domestic water supplies.

 There is an existing gravity-flow irrigation scheme at Adani with full potential for
expansion to over 10,000ha, while only 1,120ha of irrigable land has been fully
developed,

 Prospective investors are invited to invest in irrigated rice production in any of the 16
proposed irrigation sites located across the state.

 There are opportunities in rice production for small holder farmers and small scale
investments.

05/18/2024 43
Q5. What other opportunities exist in the
agricultural sector with low risk and high
potential for returns on investment?
 Other major crops that are viable in the state and which offers potentials for investment and
commercialization include; Cassava, Vegetable and fruits, livestock production.

Investors are welcome to invest in cassava value chain in the state, with over 80,000 ha of
arable land available for cassava plantation.

Under vegetables and fruits, the state is already harnessing its numerous potentials under
this sector and has also demonstrated its willingness to partner with the private sector
especially in developing the fruits and vegetable sector in the state. One of such
partnerships is the San Carlos Farms in Enugu state.

The Enugu state government signed an MOU, with San Carlos Group of Mexico for the
cultivation, production and export of pineapples in Enugu state under a public private
partnership (PPP) investment framework.

The joint venture company is to develop 1,000 ha of irrigated MD2 pineapple at a total cost
of $300m. Over 300ha of pineapples have so far been developed and planted.

05/18/2024 44
Q6. What are the food/agricultural processing
opportunities in the state? Which ones are low
hanging fruits that can easily be pursued by small
to medium scale enterprise (SME)?

 The food/agricultural processing opportunities in the


state include:
Palm oil and palm kernel oil processing;
Fruit juice extraction, processing and canning;
Cashew nut processing;
Cassava processing and starch extraction;
Rice processing, etc.

Low hanging fruits that can be pursued by small to


medium scale enterprise include orange and banana.

05/18/2024 45
The state government is looking for more of such investments in the state under the fruits
and vegetables agro sector. Also over 4000ha of land are available for banana production in
the state with excellent soil and fresh water for irrigated banana production in the state.

Poultry industry in the state is growing in leaps and bounds and the state is now the 4th
largest producers of poultry and poultry bye-products in Nigeria.

Two modern hatcheries exist in Enugu state with a combined capacity of 360,000 DOCs per
months.

More investments are been sought for in the poultry value chain by the state government so
as to make Enugu state one of the highest poultry producers in Nigeria.

Investments are required in fish farm estates, in 17 LGAs of the state under PPP platform.
The state has 14 water reservoirs and 50 lakes for development of fisheries potential.
Investors are required for the full development of fisheries and aquaculture value chain
potentials in the state.

Potentials for investment in Animal production in Enugu state exist at the Federal
Government Cattle Ranch at Adada covering an area of 846ha of land. Investors can partner
with FG/State government to lease this facility under a Public Private Partnership.

Also there exist a federal government piggery breeding and progeny project at Okpuje
covering an area of 26ha with considerable infrastructural facilities. Investors are invited to
explore leasing opportunities for this facility for piggery production under PPP platform.

05/18/2024 46

Common questions

Powered by AI

Government policy in Enugu plays a crucial role in tourism development by crafting regulatory frameworks and guidelines, promoting site development, and establishing partnerships for economic viability. Challenges include underdeveloped sites, lack of infrastructure investment, and limited private sector engagement. To overcome these, policies must incentivize private investment, streamline tour guidelines, and enhance site accessibility, ensuring sustainable tourism growth aligned with economic objectives .

Agricultural investments in cassava present relatively low risk due to the crop's wide plantation availability and potential for value chain development. Livestock investments, including poultry and piggery, offer substantial economic returns but with higher risk due to disease management and market fluctuations. Both sectors benefit from government support, yet cassava's processing potential and widespread cultivation often present a safer investment pathway with immediate scalability .

Private partnerships can significantly enhance the development of Enugu's local tourism sites by pooling resources and expertise for infrastructure development, marketing, and service improvement. The Enugu state government supports such initiatives by offering partnerships for site development and ensuring regulatory frameworks are conducive to tourism growth. However, the sites are not well-developed currently, but government readiness to partner with private entities suggests a future pathway for economic growth through tourism .

Enugu City's population is segmented into high, medium, and low income earners. High income earners demand exotic housing and quality healthcare, medium income earners seek affordable housing and education, while low income earners look for low-cost housing and cheap food. This segmentation implies that businesses need to tailor their services to meet these diverse needs, ensuring affordable options and quality services to tap into these different markets .

To enhance Enugu as a business and leisure hub, strategies should include infrastructure development for amusement parks and museums, boosting ICT and training institutes to capitalize on digital skills, and increasing manufacturing industries to diversify the economy. Creating partnerships for leisure and tech services while addressing urban infrastructure deficits will leverage Enugu's strategic location and cultural resources to attract tourism and investment .

The Enugu-Bamenda Highway has significant prospects for regional economic transformation through improved job creation and private sector expansion, primarily by facilitating the marketing of agricultural produce in the area. This infrastructure improvement enhances access to schools, markets, and other essential services, thereby increasing the efficiency of transport and living conditions in the region. It ultimately boosts local agriculture and trade by increasing market accessibility and reducing transport logistics constraints .

Enugu's main internet connectivity challenge is poor infrastructure, particularly in rural areas, which affects mobile and fiber optic networks. Major service providers like MTN, Globacom, Airtel, and Etisalat offer mobile internet, the dominant means of connection. Globacom's GLO 1 and MTN's West African Cable System are existing fiber optics, but more connections are being laid to enhance services. Despite existing cables, infrastructural expansion and service improvement remain a priority to overcome current connectivity challenges .

Residents of Enugu primarily complain about the epileptic power supply, high cost of rents, lack of industrialization leading to the 'Civil Service' State status with low internally generated revenue, high school fees in state-owned institutions, lack of portable water, high cost of food, poor road networks affecting agricultural produce transport, and lack of infrastructure in rural areas. These issues contribute to the perception of Enugu as not being highly industrialized, affecting its economic growth potential .

The advancement of local technology companies in Enugu can drive economic growth by fostering innovation, improving workforce skills, and attracting investments. Companies like Innoson Vehicle Manufacturing and Rocana Institute of Technology illustrate a growing capability to support industrialization. Their expansion in technology sectors can lead to job creation, heightened productivity, and increased local and international competitiveness, fundamentally shifting Enugu's economy from a civil service-driven one to a diversified industrial base .

The agricultural sector in Enugu utilizes its resources through structured public-private partnerships that invite investors to develop plantations and engage in value chains, notably in cashew and rice. Enugu's cashew and rice cultivation benefit from known ecologies and technologies, rivers suitable for irrigation, and state-supported initiatives that present prospects for expansion and commercialization, providing investment potential in these areas for both plantation acquisition and production enhancements .

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