In Nigeria, the challenge of providing quality education to its burgeoning population of over 200 million people, with more than half under 35, looms large. This rapid growth strains the capacity of the educational system, leading to a decline in service quality and infrastructure in public institutions. Shockingly, Nigeria contributes approximately 20% to the global out-of-school children population, with over 13 million youngsters lacking formal education, as highlighted by the Global Partnership for Education (GPE).
Sector Specific Incentives
Complete tax holiday from all forms of taxes, rates and levies. Enjoy immigration waiver on expatriate quota. Permission to sell 100% of goods into domestic market.
Industry Tailored Benefits
One-stop approvals for permits, operating license. 100% foreign ownership of investments.
Investment Opportunities:
Nigeria's educational framework spans from kindergarten to university, blending both public and private provisions. Following a 6-3-3-4 (K-12) model, students’ progress through primary, secondary, and tertiary education phases. To enter higher institutions, students must pass two pivotal exams: the West African Senior Secondary Certification Examination (WASCCE) and Nigeria's Unified Tertiary Matriculation Examination (UTME) administered by the Joint Admission and Matriculation Board (JAMB). These exams witness over 1.6 million students annually vying for a spot, underscoring the fierce competition in the educational landscape.
Regulatory Authorities
The Universal Basic Education Commission (UBEC)
National Commission for Mass Literacy, Adult and Non-Formal Education (NMEC)
National Commission for Nomadic Education (NCNE)
National Board for Technical Education (NBTE)
National Universities Commission