DALFAST is a one-stop consulting company that provides specialized advisory services and representation to a diversified portfolio, which includes, overseas companies, national and sub-national governments, multinational clients and top-tier entities in the area of international trade and foreign direct investment.
is to engineer our clients’ strategic business advantage for global competitiveness.
is to ensure that our corporate existence brings shared prosperity in trade and investment to all
is to advise on premium trade and investment opportunities in Nigeria.
We Are The Business Expansion Experts
Whether you are just starting up, expanding your activities, or looking to establish your Africa regional headquarters in Nigeria, DALFAST can put you in fast-track contact with the main national and sub-national stakeholders with a view to speeding up your business launch or expansion project in Nigeria.
We’ll help you seize tomorrow’s most profitable investment opportunities before anyone else does. We’ll help you develop the perfect strategy that will help you succeed. We’ll help you create a unique customer experience that delights your customers at every stage in their journey and keeps them loyal for a lifetime. And we’ll help you build the internal culture you’ll need to make this all happen, so you can attract, retain and seize the best investment opportunities.
You can now Leverage the benefits of doing business in the Africa's Largest Economy Nigeria. Let’s get started!
Reasons To Choose Us
Nigeria is home to over a 200 million people, with nearly 150 million lacking access to reliable electricity. The supply of consistent, affordable energy is critical to the economic and social advancement. Nigeria is searching for investors who are committed to lighting up more homes, businesses, hospitals, and schools across Nigeria.
Energy companies are rethinking and refining traditional strategies for doing business in the Oil & Gas sector. With interests in upstream, midstream, downstream and gas-to-power, We are searching for major investors in the Oil & Gas serctor who are really willing to invest to transform the sector.
Nigeria is blessed with large tracts of arable land which makes agriculture an important sector of the economy with high potential for employment generation, food security and poverty reduction. Agricultural have continued to grow the economic. The sector is srongly open for investment opportunities
The Nigerian government is offering incentives for manufacturers that are able to locally source their raw materials,any manufacturing industry that provides effect solutions for the economy is also looked upon favorably. An example of this would be machine tools, flat sheet metal, spare parts and processing foodstuffs manufacturing.
By 2040, Nigeria urban population is projected to reach 250 million. An existing shortage of residential and commercial properties, intensified by rapid urbanisation and growing incomes, is increasing the demand for real estate. Nigeria is searching for investors who are willing to take advantage of these unfolding opportunities.
Skilled workers will increase in demand as Nigeria transforms its economy and becomes an intellectual economic power. At present, there are lots of opportunities in the education sector to offer professional learning pragrammes. Nigeria is searching for investors who are willing to take advantage of these opportunities.
Nigeria is one of the fastest growing internet users in the world. According to Statistic, there are approximately 120.2 million Nigerian internet users as of 2019. This is an increase of nearly 50 percent from the 2017 figure of 51.8 million. By tapping into the underdeveloped skills of the Nigerian youth, there are countless opportunities for new economy companies who want to invest.
Nigeria is the African headquarters for trade and investment and our huge population is both an opportunity and a challenge. To ensure a healthy population and workforce now and in the future, Nigeria is searching for investors who are willing to build world-class health facilities, equipment, and services, to meets the need and enables access to quality, affordable healthcare.
The Nigerian food processing sector dominated by small, medium and as well as multinational food companies. The demand of quality food is increasing for a growing population. This situation presents many business opportunties. It is time for you to seize these business opportunities by starting a food processing industry and create value-added products from cereals, grains, nuts, fruits and vegetables.
The value of the logistics sector of the economy currently stands at N350 billion, according to the 2019 Logistics and Supply Chain Industry report. logistics is the fastest growing industry in the world and Logistics is therefore, the main indicator for economic advancement. with this the Nigerian government is searching for investors who are willing to assist in growing the sector in Nigeria.
Research and Development (R&D) is one of the essential prerequisites for the competitiveness and sustainable development of any country's economy and society. Global spending on R&D has reached a record high of almost US$ 1.7 trillion. As part of the Sustainable Development Goals (SDGs), countries have pledged to substantially increase public and private R&D spending as well as the number of researchers by 2030. Nigeria is searching for investor in (R&D)
The digital era has brought a fundamental shift in the global economy, pushing the limits of innovation and redefining the boundaries in global trade. Countries that nurture an innovation based culture have enjoyed extraordinary wealth. Nigeria economy is set to grow in the design and innovation sector with this projection in mind The Nigeria goverment is searching for investors who are willing to take advantage of these opportunities
The Nigeria’s transportation network is one of the best in Africa; featuring an extensive system of paved highways, railroads, airports, water ways and seaports. The sector contributes about 1% of the national gross domestic product (GDP) annually and grows at an annual average rate of 8% in the last 5 years. The government is committed to partnering with stakeholders and investors who are willing to take advantage of these opportunities
Globally, the demand for basic infrastructure services has outstripped the supply capacity of existing assets; the situation in Nigeria is no exception. Massive investment is required in construction and maintenance of facilities, and service provision in all sectors eg: road, air, rail, waterways, and pipeline- which are beyond the means available to government. The Nigeria goverment is searching for investors who are willing to take advantage of these opportunities
Hours Of Support
Nigeria is situated along the west coast of Africa, bordering Cameroon to the east, Benin Republic to the west, Niger Republic to the north and the Atlantic to the south. The country is a Federal Republic consisting of 36 states and Abuja as the Federal Capital Territory. The country has an area size of 923,768 square kilometers and a coastline of 853 kilometers. Nigeria gained independence from Britain in 1960. Nigeria has the largest population in Africa with over 180 million people. There are far-reaching action plans aimed at encouraging foreign participation in the Nigerian economy. The variety of opportunities and competitive costs make Nigeria an excellent destination for investment. Nigeria is the top recipient of foreign direct investments (FDI) in Africa with a gross domestic product rate that averaged more than 6% over the last decade. This followed a deliberate attempt by government to diversify the economy and liberalize the business environment to accommodate the private sector as the engine of growth while government remains the enabler. Besides its exceptional location at the heart of Africa and long-standing tradition as an exemplary country for establishing African headquarters, Nigeria offers foreign companies a unique combination of:
1. Favorable tax incentives and investment guarantees
2. Largest population in Africa (over 180 million people)
3. Largest economy in Africa (over 500 billion USD dollars)
4. Accessibility from key locations abroad via air transportation and telecommunications networks;
5. Access to land
6. Affordable office and residential space
7. Low cost of living
8. Access to a highly-skilled workforce
9. Rich cultural heritage.
Nigeria is also an attractive country for investment and it offers great potential for the establishment of multinational companies, thanks to the outstanding academic level of its population, as well as the high standard of modern services and social and political stability.
Nigeria is the strongest economy in Africa and one of the largest worldwide. It plays a leading role in Economic Community of West African States (ECOWAS) and benefits from the customs duty exemptions that this membership provides. This membership allows Nigerian companies to take advantage of the free trade agreement between the ECOWAS’ 15 member states. The most populous country in Africa, Nigeria accounts for one-sixth of Africa’s population and the largest gross domestic product (GDP) in Africa. Focus is placed on the industrialization and diversification of the country’s economy to accommodate the non-oil sectors. Nigeria is a Federal Republic with thirty-six states and Abuja as the capital city.
Nigeria is the largest investment market in Africa. It is a safe haven for foreign capital and offers investors fiscal incentives, investment guarantees, stable political and legal environment. Nigeria offers a low corporate tax regime, VAT rate and flexible labor market conditions, and simple procedures for establishing a business. Multinational companies are encouraged to start up operations under the Free Trade Zone (FTZ). The FTZ regime is the flagship of Nigeria’s export and investment promotion strategy. The Free Zone regime is a set of incentives and benefits granted by the Nigeria government to companies making investments in the country, as stated in the Nigeria Export Processing Zones Act and the Oil and Gas Export Free Zone Act.
Nigeria is situated at the heart of Africa market with more than 450 million consumers. The country has twenty-three local airports with five major international airports: Abuja, Calabar, Enugu, Lagos, Kano, Port Harcourt, Uyo. Nigeria has five seaports: Apapa, Calabar, Port Harcourt, Tin Can Island, Warri. Additionally, two seaports with free trade zone facilities are currently under construction at Ibaka and Lekki. Establishing your regional headquarters or business in Nigeria is easy and cost-effective and very competitive.
Nigeria is the African headquarters for trade and investment and positioning itself as the hub for global players, Nigeria focus more on promoting the production and services with higher-added value. As we all know advanced and professional research and development are key features of developed countries, contributing to economic growth of the country, maintaining sustainable development and promoting knowledge-based society and economy based upon innovation.
In Nigeria, there are several industries with a long tradition, such as Power, Oil & Gas, Agriculture, Manufacturing, Real Estate & Industrial parks, Private Education, Information Technology, Health care, food industry, Logistics, Research & Development, Design & Innovation and industry currently undergoing phase of rapid growth not only due to strong supply of foreign investors.
To encourage investment, Nigeria offers a set of incentives. The Nigerian government’s support mechanisms include favorable regulations, an extremely competitive tax structure, a qualified labor force, and numerous investment incentives.
Nigeria represents tremendous potential with numerous investment opportunities for investors. The country vigorously pursues its goal of becoming one of the top 20 economies in the world over the next 10 years. With well over 200 million people, a Gross Domestic Product (GDP) of nearly 400 billion USD. Nigeria has Africa’s largest population and biggest economy. Strong GDP growth over the past decade has developed a growing consumer class and attracted considerable investor interest. Nigeria offers abundant natural resources and a low-cost labor pool, and enjoys mostly duty-free trade with other member countries of the Economic Community of West African States (ECOWAS).
Nigeria is the land of opportunities and possibilities. Over the past decade, the GDP has more than tripled. Such an impressive economic growth made Nigeria a center of attraction for international investors. Today, Nigerian offers highly lucrative investment opportunities in a variety of sectors.
The Nigerian labour market is very flexible with skilled, low labor cost level, highly motivated and productive workforce. Nigerian employees distinguish themselves by being highly educated and efficient. Thus, ‘self-managing teams’ are very common within Nigerian business and industry: a typical team does all its own planning to achieve targets, with minimal intervention from management. Nigerian employees are also known for being healthily self-critical, with a willingness to learn and a commitment to making improvements – in both production and performance.
Nigeria also has a strong tradition of collaboration between universities and private-sector companies, which co-operate on research that often culminates in innovative, prize-winning products.
Key Features Of Nigerian Labour Market:
1. Highly skilled
2. Very flexible
3. Low labor cost level
4. Highly motivated and productive workforce
The Nigeria government welcomes productive foreign direct investment and foreign portfolio investment. It has brought shared prosperity to investors and to the country. It helped build Nigeria’s economy and contributes to economic growth and to innovation. Foreign investors are treated the same as domestic investors under Nigeria’s laws.
Whether you are just starting up, expanding your activities, or looking to establish your Africa regional headquarters in Nigeria, DALFAST can put you in fast-track contact with the main national and sub-national stakeholders with a view to speeding up your business launch or expansion project in Nigeria. As an integrated economic development corporation, Industrial Renaissance does much more than promoting and attracting investment. In fulﬁlling its task of fostering company growth, it offers overseas investors and foreign companies through its affiliate service providers a full and varied slate of expertise and professional support. All our services are conﬁdential.
There are a number of important considerations for investors when deciding on how to enter the Nigerian market or when establishing a business in Nigeria. Investors will generally need to choose between establishing a new company or acquiring an existing company. If establishing a new business, a variety of business structures are available, each with their own regulatory and tax considerations. Your situation may require specific advice, so we recommend seeing advisors.
Nigeria has a set of common structures that investors can use when establishing a business. The four main types are: sole proprietorship; partnerships; trusts; and companies. Investors need to consider carefully which structure best suits their business needs. The business structure will determine the tax and legal implications.
You need to decide on the company structure that will suit your needs. Your situation may require specific advice from legal advisors.
There are a number of visa options for people seeking to conduct business visits, establish a business in Nigeria, manage a new or existing business, or invest in Nigeria. Nigerian visas may be obtained in the country where an applicant is domiciled, or the Nigerian Mission nearest to the applicant’s country of domicile, or on arrival in Nigeria.
Types of Entry Permit For Overseas Investors & Expatriates
1. Business Visa
2. Visa on Arrival
3. Subject to Regularization (STR) Visa
Temporary Work Permit (TWP)
We can assist investors and foreign companies to obtain Business Permit and Expatriate Quota from the Nigerian Investment Promotion Commission (NIPC) and the Nigerian Immigration Service, respectively. Expatriate personnel do not require work permits, but they remain subject to needs quota of their employer company requiring them to obtain residence permits that allow salary remittances abroad.
Foreign investors must register with the NIPC, incorporate as a limited liability company (private or public) with the Corporate Affairs Commission, procure appropriate business permits, and register with the Securities and Exchange Commission (when applicable) to conduct business in Nigeria.
Business permit is the authorization for the operation of a business with foreign capital either as a parent company or a subsidiary of a foreign company. A wholly foreign owned company must obtain business permit as well Expatriate Quota for its foreign staff.
Expatriate Quota is the authorization to a company to employ individual expatriates to specifically approved job designations, and also specifying the permissible duration of such employment. The expatriate quota is the work permits for expatriate employees to fill the expatriate quota obtained by the employer company.
Africa’s largest and most populous economy. Nigeria moves to the rhythm of a wealth of tourism, sports and cultural events. There’s no way you could ever get bored! Nigeria’s major cities are known for exotic resorts, boutiques, music fiestas, nightlife and entertainment of all sorts. The country cities boast of wild-life conservation parks, cinemas, museums, festivals and major international music and cultural fiestas
The main thrust of the policy on tourism is to make Nigeria a prominent tourism destination in Africa, generate foreign exchange, encourage even development, promote tourism-based rural enterprises, generate employment, accelerate rural-urban integration and foster socio-cultural unity among the various regions of the country through the promotion of domestic and international tourism. It also aims at encouraging active private sector participation in tourism development.
As a nation of diverse people and culture, the various ethnic characteristics provide opportunity for cultural tourism of compelling attractions. Throughout Nigeria, there are cultural and historical sites that have been preserved. In many communities, annual traditional festivals are held. There are famous regattas and fishing festivals. Many areas of the country are good in crafts, carvings and sculpture. Many museums exhibit the famous Benin and Ife bronzes and terracotta, traditional art, craft, music, dance and drama.
We can help seize the best investment opportunities, Thanks to our unique approach and flexible pricing.
Contact us today and We’ll fix up a meeting at no cost to you. It will be a pleasure to meet you and hear you seize busniness plan.
We understand that companies can be at different stages in their financial lifecycles. Our business strategy consulting pricing model can flex to fit your needs. Options include:
Contact us today and We’ll fix up a meeting at no cost to you.
It will be a pleasure to meet you and hear about your business challenges and opportunities.
There is something fresh and unique about DALFAST
Our experts are willing to join you at startup stage for as long as you need. We become an extended part of your team, sharing in your pressures, challenges and successes. We’re highly committed and deeply engaged. Your success matters to us. We adopt a three-step approach to helping your company:
We spend time with you to understand your business goals and challenges.
We're good listeners. We respect you. Your company is unique.
We'll ask key questions and explore various possibilities.
Afterwards, we'll be in touch with our assessment and recommendations.
We'll be happy to sign any confidentiality agreements.
Discover & Commit
If you want to proceed, one of our experts will come and work with you.
We will come and interview/survey your Team and understand your core processes.
We will prepare a brief with the result of our analysis and a proposal that will include an objective, an action plan, and our level of involvement.
You'll find us to be friendly, helpful, reliable and trustworthy.
We'll fit neatly within your team.
It could be for a few days, weeks or months. See our flexible pricing.
We'll put our agreed plans into action and make things happen.
At every stage, we'll be focused on outcomes: time, cost and results.
We'll keep you closely involved at all times - without overwhelming you.
When an assignment comes to fruition, we'll celebrate the success with you.
We'll also think ahead to 'what happens next?' and present more ideas.
We'd love to continue working with you but that's your choice.
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+421 940 376 654
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