RT Multi Resources EU

Nigeria...

Nigeria is often referred to as the “giant of Africa”, due to its large population and economy. With approximately 174 million inhabitants, Nigeria is the most populous country in Africa and the seventh most populous country in the world. Nigeria- officially the Federal Republic of Nigeria, is a federal constitutional republic comprising 36 states and its Federal Capital Territory, Abuja. The country is located in West Africa and shares land borders with the Republic of Benin in the west, Chad and Cameroon in the east, and Niger in the north. Its coast lies on the Gulf of Guinea in the Atlantic Ocean. In 2014, Nigeria’s economy (GDP) became the largest in Africa, worth more than $500 billion, and overtook South Africa to become the world’s 26th largest economy. Furthermore, the debt-to-GDP ratio is only 11 percent (8 percent below the 2012 ratio). By 2050, Nigeria is expected to become one of the world’s top 20 economies. The country’s oil reserves have played a major role in its growing wealth and influence. Nigeria is considered to be an Emerging market by the World Bank and has been identified as a regional power in Africa. So for us at Real Top Multi Resources Limited taking off from Nigeria as a strong start off base is a wise business decision.