Prima Foods Plc,an Indian owned company and the producers of Indomie instant noodles is building a modern palm oil factory in Lagos. They are planing to invest $30 million and production is slated to start this month. According to the the CEO when questioned about Indomie "We have eight factories and we have more than 3,000 people directly employed in the company.

Apart from that, we have the distribution chain and the logistics team, which again employs another 2,000 to 3,000 people. That is only our company. There are other noodle companies that have come around because of us. And other associated companies which supply stuff to these noodle companies. So, all of them put together, we have generated a lot of employment in Nigeria."

Several companies lament that it's tough doing business in Nigeria. How has your experience been?

"It's tough! All manufacturers will tell you it's tough. You take care of your own generators, you generate your own electricity, and the ancillary industries are not available. So, you have to plan and do everything yourself as a company. But we have done it over the years, we've gained experience and we're enjoying it now."

http://allafrica.com/stories/201307010579.html?page=2

Fellow Nigerians, I hope the elite will take notice on how Foreigners believe in the potential of Nigeria. This company generates around $400 million per year from Nigerian consumers alone.