Federal Government to award top 100 Companies in Nigeria‏

The Nigerian government has announced plans to recognize top 100 companies that have contributed to the economic development of the nation for the past 5 years.

Announcing the plan to journalists in Abuja, Nigeria's minister of Industry, Trade and Investment, Mr Olusegun Aganga, said the top 100 companies award, which is the first in the history of the country, is a brainchild of President Goodluck Jonathan.

The minister listed some of the criteria used in assessing the companies to include level of investment in the country, turnover, level of corporate governance and number of jobs so far created in the economy, adding that the award, scheduled to hold on December 1, is aimed at encouraging highly performing companies to further contribute to the economy in more significant ways.

The minister, who dissuade the notion that the award was politically motivated, added that as the biggest economy in Africa, such an award had become inevitable.

According to reports Nigeria over the last 10 years, has been among the fastest growing economy in the world, which influence after the rebasing exercise in April thi