Nigeria Investment Hub

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Sighting the growth in the three major super Asia countries, South Korea, Japan, and China, SMEDAN, Federal Ministry, and, Industry, Trade and Investment, in partnership with Fow World Media Company, ( Fow24 News, Fow TV) jointly presents, Nigeria – Asia business, Investment, Trade and Economic EXPO and summit, Korea/ China/ Japan, from 1st to 13th October, 2017, an initiative to showcase Nigeria, boost economy, create jobs and taking Nigeria to the world and the world to Nigeria.

Planning of Making Nigeria investors and investment hub in Africa, best destination for investment and growth , with the sole goal of turning the Nigeria population into production nation, SMEDAN, FEDERAL MINISTRY OF INDUSTRY,TRADE and INVESTMENT and Fow World Media (FOW 24 NEWS AND FOW TV ), partnership with NIGERIAN EMBASSIES IN CHINA, KOREA AND JAPAN present NIGERIA, KOREA/CHINA/JAPAN BUSSINESS, INVESTMENT AND TRADE EXCHANGE, EXPO, CONVENTION AND SUMMIT 2017,


The World Business Investment and Trade Expo, Convention & Summit (BITE-EXPO) is your new business destination hub, a new window for global business. An international business opportunity for investors to scale their brands on a global level by thinking beyond just your nationality,


A global innovative platform to enhance trade, business and investment opportunities among nations, business men and investors from Nigeria and other growing economies around the world will take advantage of the event to showcase, promote and network to find more investment opportunities in other countries.


A platform that will help both new and established businesses. An avenue to expose hidden investment opportunities around the world while helping boost trade opportunities on a global scale.


Promote your local and international business with investment advisors, captains of industry, CEO?s investors, manufacturers and traders of local goods and services with an estimate of more than 5,000 participants expected in each country. This great event takes place in Seoul South Korea from 1st – 3rd October, Beijing, China from 5th – 9th October and then Tokyo, Japan from 11th – 13th October, 2017. Also marking NIGERIA @57, 2017, NATIONAL DAY LIVE IN SEOUL, KOREA. 1ST OCTOBER, 2017.


Prospective participants are to Register at our information desk @Rockview hotel wuse 2, Abuja or BUSSINESS OFFICE @ SMEDAN OFFICE Area 11 Garki, ABUJA ahead of the event which will premier trade, goods, services and consumer exhibition, the conference and networking platform is dedicated to offer the best business, Investment, trade Opportunities that builds wealth.


For further enquiries

Call 08072749200, 08179047409, 08161261262. 08179047419,,,,


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The Federal Government of Nigeria, gave tax defaulters till March 31, 2018, deadline to pay up their taxes or face prosecution. Acting President Yemi Osinbajo disclosed this when signing the Executive Order during the launch of Voluntary Assets and Income Declaration Scheme (VAIDS) at the Presidential Villa, Abuja today Thursday (29/06/2017); in company of Minister of Finance Kemi Adeosun. He also warned all stakeholders to voluntarily declare their assets and income or face the consequences.

He noted noted that the administration had gathered financial intelligence on the assets of Nigerians at home and Tax Defaulters 8 Months Amnestyabroad in the last 15 months and affirm that only 214 people were paying an annual tax of N20 million voluntarily which, according to him, far from the large number of high net-worth people in the Nigeria. Osinbajo, also noted that all those in this category were resident in Lagos, said the Voluntary Assets and Income Declaration Scheme, VAIDS, which Executive Order was signed on the occasion, would create room for defaulters to get registered and pay their taxes between July 1 and March 31, 2018.

The Acting President disclosed that the government had built a database of the assets of Nigerians, including those held in tax havens across the globe, and would go after defaulters after the March 31, 2018, deadline. He warned that anyone who failed to take advantage of this window period will face dire consequences. In his words: “The project has engaged, on retainership, one of the world’s leading assets tracing firms. Nigeria has also solicited for inputs from various nations who have availed us data under the various conventions and treaties which we have signed. “The project has been able to create accurate financial profiles of thousands of Nigerian companies and individuals, which show various levels of non-compliance. “Tax evasion is not just a civil matter, it is also a crime.When people pay taxes, they hold government to account more,” he said.

Nigeria is now party to the Automatic Exchange of Information, which comes into effect in 2018. “This means that Nigeria will automatically have information required to successfully pursue tax evaders across the world. Countries which are party to this agreement include Switzerland, Panama, Bahamas and other tax havens. Additionally, banking information will easily be shared across countries due to newly implemented Common Reporting Standards (CRS).

Specifically, Nigeria will have access to information on beneficiaries and owners of assets held abroad, including tax havens. “Based on information that is now available, our preference is that those that have diverted Nigeria’s resources to tax havens abroad or concealed them in Nigeria should face the full force of the law. ‘’VAIDS will be operated from July 1, 2017 to March 31, 2018. It will be supported by an Executive Order that I will sign into law today. Only 14 million pay taxes On the statistics of tax payers, Osinbajo said: “According to the Federal Inland Revenue Service, the total number of tax payers in Nigeria is just 14 million. Out of this number, 96 per cent have their taxes deducted at source from their salaries. “Only four per cent comply under direct assessment. So, the vast majority of Nigerians do not pay taxes. This is at variance with the structure of our economy where we are estimating that almost 70 million Nigerians are economically active. “That means that only 20 per cent of the people engaged in one form of business or the other are registered and paying tax.

Osinbajo explained that the problem of tax evasion is not limited to only the rich in Nigeria, he added, however, that the nation practised a progressive taxation in which the rich pay more, while low income earners pay less but that everyone must pay taxes.

He announced every Thursday as Tax Awareness Day, with a view to increasing tax education across the nation. He urged the governors to support the programme, saying it would directly impact positively on state revenues as well.

Osinbanjo gives 9 Months amnesty to Tax Defaulters

With Nigeria’s tax-to-GDP ratio at 6%, it is one of the world’s lowest, and the VAID Scheme is specifically targeted at taxpayers who have not been fully declaring their taxable incomes/assets, have not been paying the tax due at all and have been underpaying or under-remitting their taxable income. It will cover Federal, State, personal, capital gains, stamp duties, tertiary education and business taxes.

The scheme, is expected to raise the sum of $1 billion, entails the registration, full and honest declaration of previously undisclosed assets and income and gives tax payers the benefit of forgiveness of overdue interest and penalties, and the assurance that they will not face criminal prosecution for tax offences or be subject to tax investigations. VAIDS ushers in an opportunity to increase the nation’s general tax awareness and compliance.

For your Audit, Statement of Account, Tax clearance etc, contact our professionals by calling (+234) 080-9502-9999 or email:

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Shea Butter is a skin superfood that comes from the seeds of the fruit of the Shea (Karite) or Savannah tree and that investorng_shea_butteris naturally rich in vitamins A, E and F. The tree and grows naturally in Nigeria and other West Africa countries. It produces a fruit, similar to a plum, which contains a nut. The nut is dried and the kernel inside is then removed. The kernel is ground up to obtain Shea Butter, which has softening, nourishing and moisturizing benefits. It offers UV protection (it is SPF ~6) and provides the skin with essential fatty acids and the nutrients necessary for collagen production. Shea Butter has been used in Africa and other countries for years to improve skin and hair. It protects against the sun’s rays, it is an anti-oxidant (vitamin E) and has regenerating and restructuring properties.

Shea Butter is referred to as “Women’s Gold” because of its amazing skin care properties. Local African women process the Shea Butter using a cold process technique. It is a valuable source of income for many African Women. Shea Butter can vary in texture as it is produced by crushing nuts from the Shea tree rather than by extraction using solvents.

It is simply used by melting a small amount of Shea Butter in the palm of your hand and massaging gently onto the face, hands and body. You may find Shea Butter is easier to apply, if warmed between your fingers first. So just scrape it out of the container with your finger, put it into the palm of your hands and rub your hands together. The heat from your hands will cause the Shea Butter to melt and then just apply it to your body and/or hair/scalp.


Shea Butter Benefits
Skin Moisturizing
The concentration of natural vitamins and fatty acids in Shea Butter makes it incredibly nourishing and moisturizing for skin. It is often used to remedy dry skin and to help protect the skin’s natural oils. This 100% natural vegetable extract can be used on your face as a moisturizer. It is a super nourishing treatment for extra dry areas of the body such as the knees, elbows and feet. Shea Butter is perfect for protecting dry chapped lips. Massage into the cuticles and hands for softer skin. Use as a hair mask before shampooing to add extra moisture to dull or dry hair. It can also be left to replenish split ends of the hair. Shea Butter is fabulous for preventing irritation on baby’s delicate skin! Apply after shaving or waxing to add lost moisture to the skin and prevent irritation. It is also great for men to use after shaving for smoother, softer skin. Shea Butter is fabulous for healing bruises and cuts and easing pain.


Reduces Inflammation
A 2010 study found that due to its cinnamic acid and other natural properties, Shea Butter was anti-inflammatory. One compound in particular, lupeol cinnamate, was found to reduce skin inflammation and even potentially help avoid skin mutations. This also makes it beneficial for some people with acne. It is an antioxidant and anti-inflammatory. Unrefined Shea Butter has so many health benefits for skin and hair because it contains antioxidant and anti-inflammatory properties. Shea Butter contains Vitamin A, E, F and others, that protect our bodies from free radicals. Free radical damages our healthy cells and they are responsible for many of the health issues we face, including hair loss and hair loss related conditions. If our bodies are healthy, our hair will be healthy also. Inflammatory issues are main symptoms of a lot of scalp and skin conditions. Conditions such as eczema and psoriasis contribute to hair loss. Shea Butter has inflammatory properties, which help to heal us of these scalp and skin conditions and allow our scalp (and body) to re-grow hair in a healthy environment. Since unrefined Shea Butter has no added chemicals, it is ideal for sensitive skin.


Skin Smoothing
Shea Butter aids in the skin’s natural collagen production and contains oleic, stearic, palmitic and linolenic acids that imag3284protect and nourish the skin to prevent drying. With long term use, many people report skin softening and strengthening as well as wrinkle reduction. It improves skin elasticity (some even say it helps with cellulite)



Cure for Eczema
Shea Butter is a beneficial treatment for eczema and other skin conditions. With continual use it will soothe and moisturize dry itchy skin while reducing flare ups and redness. Shea Butter can produce wonderful results on skin with mild eczema.

According to Jass, “When I first heard about Shea Butter, I decided to start using it on my sons skin (with all the other ingredients in my Shea Butter mixture) because he had very bad eczema. I noticed that after awhile of using the Shea Butter on his skin, his eczema started to clear up and his hair line started to grow back. He had lost his hair line due to his excessive itching on his scalp, caused by the eczema. Once I noticed how my Shea Butter mixture was working on him, I started using it on my scalp, hair and skin. After some months of doing this, the bald spot where I had alopecia started to re-grow hair. I was so amazed!



Cosmetic Ingredient
Shea Butter is used as an ingredient in some cosmetics products, typically from 4% to 20% in total. Try our 100% pure natural Shea Butter, this concentrated product will last and produce amazing results.



Pregnancy Mark Removalimag3290
Stretch mark is a natural occurrence during pregnancy and usually stay after childbirth. Shea Butter can be used alone or to prevent stretch mark during pregnancy or after (stretch mark salve) to ward off stretch marks. It has proven to clear stretch mark from many people.



Natural baby-care product
Shea Butter is now been used as a natural baby-care product (alone) or ingredient in baby care recipes. Many staff and customers affirm that the only product they use as baby care product is Shea Butter. Some give testimony that after using many renowned local and international brand names – their child end up with different skin diseases. Then, switching to Shea Butter clears all the skin diseases without any mark, even better the child begins to glow. So the whole family usually end up using Shea Butter. Hence, it’s very effective and affordable.



Protects your Hair
Shea Butter can be used as a natural sunscreen and hair protectant because there is a low amount of SPF. This can protect our hair and skin from the harmful ultraviolet rays of the sun. Shea Butter coats the hair shaft and also protects it from damage caused by chemical hair treatments, blow dryers, straighteners and other hair tools that cause damage to your hair. Shea Butter can coat and protect your hair from the salt and chlorine contained in swimming pools as well. Whatever is good for skin is good for our scalp. Shea Butter has anti-aging benefits because of it’s collagen production, which contributes to youthful skin and it keeps premature wrinkles at bay. It also restores elasticity in our skin. It soothes dry, itchy and irritated scalp, without clogging our pores, so that our hair can grow without any obstructions or hindrances.



Restores damaged hair
Since Shea Butter is rich in Vitamin A and E it can repair damaged and split ends as well as it adds moisture to dry, brittle, dull, lifeless hair. Shea Butter hydrates, softens, conditions and overall beautifies our hair. Shea Butter adds all of these awesome benefits to our hair, without leaving it greasy and heavy (based on the amount you use). Shea Butter restores moisture to hair that has been damaged from chemical hair treatments, blow dryers, straighteners and other hair tools that cause damage to your hair.



Naturally Heals
Due to Shea Butter’s nutrient dense components (including several kinds of fatty acids) has a vast amount of healing properties for skin and hair. It is very effective at healing and curing conditions that directly affect the scalp, such as: Burns, Dermatitis, Dry Skin, Eczema, Hair Conditioner, Hair & Skin, Moisturizer, Insect bites/ stings, Itchy Skin, Scars and Sores, Skin Allergies & Rashes, Skin Cracks etc

Some of the reasons why you need to use Shea Butter is for: Tough or rough skin (feet, hands, elbows, knees), Cold weather, Frostbite, Healthy skin, Muscle fatigue; aches and tension, Dry skin, Skin rash, Insect bites, Skin peeling, after tanning, Blemishes and wrinkles, Itching skin, Sunburn, Shaving cream – for a smooth silky shave, Small skin wounds, Skin cracks, Before and after strenuous exercise, Skin allergies such as a result of poison ivy or poison oak, Eczema, Dermatitis.

Shea Butter can be used for: Skin damage from heat (i.e. hot grease or water, radiation treatment for certain medical problems, etc), On the eyelids before applying makeup to make it last longer, In homemade liquid cream foundation and makeup, Relief of joint pain from swelling and arthritis, On sore/raw noses during a cold or flu, After sun or beach exposure to replenish skin, By itself on the lips or in homemade lip balms, among others.

It should be noted that Shea Butter is for external use only. Ask a doctor or dermatologist before using, especially sheabutter01with underlying skin conditions. Those with nut allergies should avoid or check with an allergist.

Shea Butter is a multi-purpose cream reknowned to improve many skin and hair conditions, infact it is possible that you may experience other healing benefits and additional uses as you begin to use Shea Butter. We would love to pass it on to others so that they may also benefit. Please note that the timeline required for optimum results varies with each condition. Wrinkles, for example, require 4 to 6 weeks of daily use. Itching may be relieved immediately.


How to Order shea butter offer customers natural Shea Butter products so you may notice some variation in texture of the finished product. Conversely, for customers that prefer a combination of Shea Butter and other natural extracts, we have a combination of Shea Butter+Coconut oil, Shea Butter+Honey, Shea Butter+Honey+Coconut oil among others.

We supply shea butter in wholesale and retail quantity to customers in: Abuja (Federal Capital Territory FCT) ,Lagos, Enugu, Akwa Ibom, Adamawa, Abia,Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Ekiti, Gombe, Imo, Jigawa, Kaduna, Kano, Katsina, Kebbi, Kogi, Kwara, Nasarawa, Niger, Ogun, Ondo, Osun, Oyo, Plateau, Rivers, Sokoto, Taraba, Yobe, Zamfara. We also ship worldwide to countries such as United States of America (USA), Mozambique, China, India, United Kingdom among others.

For orders, click here, email: or call (+234) 080-9502-9999.

Have you ever used Shea Butter? How did it work for you? Share your experience in the comment box below.

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Jack Ma says, “Please tell your children that the world is changing every day and no one is going to wait for you in the past. When lighter was Alibaba Group Holdings Ltd. and Founder Jack Ma As Company Files for U.S. Initial Public Offering of E-Commerce Giantinvented, matches slowly disappeared. When calculator was created, abacus was to fade away. When digital camera was designed, the market of negative film no longer existed. When direct market selling/internet-based selling arises, traditional marketing declines. When smartphone with 4G (wireless internet access) was introduced to the world, you no longer need to turn on your computer at home. When WeChat and WhatsApp (mobile text/voice/video messaging) are developed, traditional text messaging is no longer as popular as before.

Let’s not to blame “Who took over Whose business.” It’s only because people are more adjustable and adaptable to new ideas and changes in the world.

Someone asks Jack Ma, “What is your secret for success?” He says, “Really simple…I am doing (action) while you’re only watching.”

Please remember that the world keeps changing every day. If you don’t change, you’ll be left behind. You reap what 5mb ibm 64gb flash driveyou sow with your time. If you spend time to drink, you may become an alcoholic. If you spend time to complain, you may become a blamer. If you spend time to beautify yourself, you may become a pretty girl/handsome guy. If you spend time to stay healthy, you may enjoy a healthy good life. If you spend time to be picky, you may become a ‘mean’ person. If you spend time to learn, you may gain wisdom. If you spend time with your family, you may foster a warm and loving relationship with your loved ones.

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The curious case of the young generations – FEMI PEDRO

Sometime in 1988, I received a call from a good friend, Mr Akin Akintoye, about an interesting investment opportunity with a few colleagues. After a series of meetings, it became very clear to me that we were about to embark on an audacious but incredibly special journey, and I was excited about the prospect of being a part of such a project. For almost 2 years, I worked alongside the likes of Akin Akintoye, Fola Adeola, Tayo Aderinokun (of blessed memory), Gbolly Osibodu, Bode Agusto and a few others on this investment project. As of 1988 when we began the journey, Fola was 34, Tayo was 33, Gbolly was 33, Bode was 33, Akin was 35 and I was 33. The objective: To own a BANK.

It was a bold objective considering our respective ages at the time, but certainly not an impossible task in our eyes. So we began to hold countless meetings at Fola’s residence in 1988, until we eventually shifted base to Tayo’s First Marina Trust office in Victoria Island. By late 1989, we were ready to put in our bank application at CBN, along with the required minimum capital. This effort was spearheaded by Fola and Tayo (the two brains behind the entire operation), and supported by about 40 persons (including myself), most of whom were in their early 30s and working for different organizations at the time. The end product? We formed arguably one of the finest financial institutions Nigeria has ever seen- Guaranty Trust Bank (known as GT Bank today). The bank was licensed on the 1st of August, 1990 and we commenced banking operations later that year. A group of young boys in their early/mid 30s OWNED a bank! We simply dreamt big, and turned this dream into reality.

I am taking the liberty to reflect on this chapter of my personal history against the backdrop of some of the criticism about the ages of some of President Muhammadu Buhari’s ministerial nominees. The argument being brandished about is that by nominating the likes of Chief Audu Ogbeh as ministers, our President is somehow blocking the destinies of younger Nigerians by preventing them from occupying such positions. People are quick to reference Yakubu Gowon and Murtala Mohammed as being relatively young when they ascended to power, and they argue that the same opportunities that young people had in the past are no longer available today. They also argue that around the same time we were forming GT Bank in the late eighties, there were also a number successful young entrepreneurs who distinguished themselves as well – Bola Tinubu (Treasurer at Mobil Oil), Gbade Ojora (ED Mobil Oil), Jim Ovia (Zenith Bank), Erastus Akingbola (Intercontinental), Dele Momodu (Publishing), Tony Elumelu (Standard Trust), Liyel Imoke (Politics), O’tega Emerhor (Standard Alliance Insurance), Aig Imoukhuede and Herbert Wigwe (Access) and Atedo Peterside (IBTC) are some of the noteworthy youngsters who made an impact in various fields in Nigeria at the time. But what some of the proponents of the argument against the older ministerial nominees fail to realize or remember is that even in my early thirties, we also had very established industrialists like MKO Abiola, Otunba Subomi Balogun, etc, who all operated during our time. We respected them, but neither felt overwhelmed by their success, nor daunted by the prospects of climbing up the ladder. We simply forged ahead with our plans and damned the consequences. The point is nobody cleared the way for us back then, so young Nigerians today should not expect that anyone would clear the way for them either.

Perhaps, at play is the venting of some on-going frustrations by the younger generation today, but it is important to put things into proper perspective. I have spent a lot of time mentoring, observing and interacting with young Nigerians. Today’s youth are no different from those of my generation about 30 years ago. They are faced with the same pressures, frustrations, uncertainties and life vicissitudes that we faced in our late twenties and early thirties. However, the marked difference is how young Nigerians apply themselves today. Most of us who made an impact in our early thirties came from modest means. We were not rich, and we did not have any noteworthy inheritance. Nobody did us any favours, and the older generation did not give us a pass or a nudge in the right direction. In fact, the military administrations at the time made it extremely difficult for us to participate optimally in business, governance and politics. We did not have social media, and there was no technology to aide our goals. We were simply big dreamers determined to make a difference. We were highly enlightened and career-oriented, so we were able to force our way through the door by working extremely hard.

So what exactly needs to change amongst young Nigerians today? First, young Nigerians have to humble themselves. You have to be willing to learn the ropes and hone your craft. Around the age of 27, I left the relative comfort of a steady career at CBN to learn under the tutelage of Otunba Subomi Balogun, the visionary and pioneer behind FCMB. Working as Otunba Subomi Balogun’s executive assistant was an experience of a lifetime. He was (and still is) a well-organized and thorough individual. He strongly promoted excellence and perfection, and did not condone indolence, laziness or poor quality work. He was also an impeccable dresser, always elegantly attired in all-white traditional wear or perfectly tailored quality suits. I picked up these virtues and adopted his style of leadership and management in my future endeavors. I was opportune to travel with him to attend corporate and other board meetings. I gained valuable and practical experiences in corporate board management and boardroom politics, which became useful tools later in my career.

Secondly, you must know your worth. Do not settle for less, and do not allow yourselves to be used by selfish political interests. Challenge the status-quo. Challenge the establishment. The youth make up a sizeable portion of the Nigerian populace. By extension, they have the loudest voices and the biggest potential. Alan Moore, a prominent British author opined that “People shouldn’t be afraid of their government. Governments should be afraid of their people”. This is especially true with regards to young Nigerians. You are more powerful than you give yourselves credit for. Our current president was victorious in large part due to the votes cast by young Nigerians, and you must continue to remind yourselves of this fact, because 2019 is already fast approaching.

Thirdly, and crucially, young Nigerians have to eliminate distractions. Do not get carried away by the allure of good living, bling, fame and fortune. Stay on the straight-and-narrow path. Distractions are the proverbial pot-holes; they slow you down from reaching your destination and damage your wheels in the process. By all accounts, social media is obviously the biggest distraction. It is a powerful tool, but can also derail you from focusing on the bigger picture. The most discerning amongst you will know how to navigate social media without hindering your ability to make significant inroads in the economic and political fabric of Nigeria. I have been impressed with what the likes of Linda Ikeji, Bellanaija, Don Jazzy, TY Bello, Jimi Mohammed, Banke Meshida-Lawal and other young Nigerians have been able to accomplish at such a young age, and it should serve as an inspiration to other young Nigerians in various fields as well.

Finally, take advantage of opportunities, no matter how small or inconsequential they may be at the time. Expect no helping handbs. And when these opportunities present themselves, grab what you can. During our cabinet meetings, my boss and mentor, Asiwaju Bola Ahmed Tinubu always quipped that “Power is never served a-la-carte”. This is indeed true in the context of where young Nigerians currently are, and where they need to be.

These are the sacrifices that the youth have to make today.

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