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Cood Incentives, INC - Products. Our office here in Dallas, Texas - Cood incentives, Inc. deals in product incentives and inventive. In addition, we also allowed to source for investors across the globe on oil matters and other mineral resources produce investments and buyers of these markets. This investment procedure is enabled and effected through our owning company - Cood Resources Int'l LTD [CRL] in Lagos, Nigeria; West Africa. Moreover, Foreign and domestic investors are being encouraged through improved fiscal incentives in the Nigerian oil and gas sector. In the Upstream and Downstream sectors, the following are some of the areas where there are pressing needs for investors. However, opportunities exist for the construction of a refinery in bonded premises with adequate export facilities for dedication to the export market. Companies with the technological know-how can undertake turn-around maintenance of refineries. Other investment opportunities contingent upon refining and ancillary activities are the manufacture of special products such as: - (ii) OPPORTUNITIES FOR INVESTMENT IN THE SOLID MINERALS SECTOR Nigeria is endowed with numerous mineral resources. Recent policy reforms have brought the solid minerals sector to the fore. The emphasis is on encouraging massive foreign investors' participation in this sector. SOILD MINERALS DEPOSITS IN NIGERIA TALC The talc industry represents one of the most versatile sectors of the industrial minerals of the world. With an estimated reserve of over 100 million tonnes of talc. The colour of the Nigerian talc varies from white through milky-white to Grey. The exploitation of the vast talc deposits in Nigeria would therefore satisfy not only local demands but also that of the international market as well. IRON ORE There are over 3 billion tonnes of iron ore found in Kogi, Enugu, Niger, Zamfara, and Kaduna States. The large deposit of oolitic iron ores of Kogi and Enugu States are yet to be fully explored. GOLD There are proven reserves of both alluvial and primary deposit of gold with proven reserves in the schist belt covering the western half of Nigeria. Private investors are invited to stake concessions on these primary deposits. It is interesting to note that the primary deposits are of relatively high grade and at shallow depth. BITUMEN The occurrence of Bitumen deposits in Nigeria is indicated at about 42 billion tonnes almost as twice the amount of existing reserves of crude petroleum. These need to be fully developed. ROCK SALT The national demand for table salt, caustic soda, chlorine, sodium bicarbonate, sodium hypochloric acid, and hydrogen peroxide exceeds one million tonnes. A total reserve of 1.5 billion tonnes has been indicated, and government to ascertain the quantum of reserves is now carrying out further investigations. GYPSUM Gypsum is an important imput for the production of cement. It is also used for the production of Plaster of Paris (P.O.P) and classroom chalks, etc. Current cement production is put at 8 million tonnes per annum while the national requirement is 9.6 million tonnes. About one billion tonnes of gypsum deposits are spread over many states in Nigeria. LEAD/ZINC An estimated 10 million tonnes of lead/zinc veins are spread over eight States of Nigeria. Joint venture partners are encouraged to develop and exploit the various lead/zinc deposits all over the country. BENTONITE AND BARYTE These are the main constituents of the mud used in the drilling of all types of oil wells. The Nigerian baryte had specific gravity of about 4.3. Over 7.5 million tonnes of baryte have been identified in Taraba and Bauchi States. Large bentonite reserves of 700 million tonnes are available in many states of the Federation ready for massive development and exploitation. COAL Nigerian Coal is one of the most bituminous in the world owing to its low sulphur and ash content and therefore the most environments friendly. There are nearly 3.00 billion tonnes of indicated reserves in 17 identified coal-fields and over 600 million tonnes of proven reserves. GEMSTONES Gemstone mining has boomed in various parts of Plateau, Kaduna, Bauchi States for years. Some of these gemstones include Sapphire, Ruby, Aquamarine, Emerald, Tourmaline, Topaz, Garnet, Amethyst; Zircon, and flourspar, which are among the world's best. Good prospects exist in this area for viable investments. KAOLIN An estimated reserve of 3 billion tonnes of good kaolinitic clays has been identified. TANTALITE Large deposits of Tantalite are known to occur in Nasarawa, Gombe and Kogi States as well as the Federal Capital Territory. Grades of well over 50% Ta2O5 are found. Private investors are invited to stake concessions for the development and exploitation of tantalite in these areas. INVESTMENT OPPORTUNITIES IN AGRICULTURE The agricultural potential of Nigeria is barely being tapped and this explains the inability of the country to meet the ever-increasing demand for agricultural produce. Investment is required in the following priority activities :- a) Crop production to achieve food security and to provide industrial raw materials. Potentials exist for the following crops: Cereals: Maize, rice, sorghum, corn, millet, wheat Root crops: Cassava, yam, ginger, potato, cocoyam Legumes: Soya beans, groundnuts, cowpeas Fruits: Mango, banana, oranges, guava, pawpaw, pineapple Vegetables: Cabbage, green pepper, carrots, lettuce, spice, onions, mellons, green pepper. Tree Crops: Oil palm, cocoa, Rubber, coconut, kolanut, coffee, sheanuts, Beniseed, cotton, cashew nut, sugar cane. (B) Others - Commercial growing of flowers and ornamentals and experimental orchards for more temperate fruits - apples, grapevines and pears have been successfully established in certain regions. - Development and fabrication of appropriate small-scale mechanized technologies for on-farm processing and secondary processing of agricultural produce. - Exploitation of timber and Wood processing activities. A wide range of wood resources abounds. Incentives and Strategies for Investment Investment Incentives: · 3-5 years Tax Holiday · Deferred royalty payments · Possible capitalization of expenditure on exploration and surveys · Extension of infrastructure such as roads and electricity to mining sites, and provision of 100% foreign ownership of mining concerns. In addition, we also have agreements with various companies and organizations to sell or act as distributors to their products.  |