The Report: Nigeria 2015Oxford Business Group, May 5, 2015 - 284 pages Despite concerns linked to short-term and cyclical risks, including unequal development, policy uncertainty, declining oil prices and localised unrest, the longer-term growth fundamentals are clear. Following the presidential elections in March 2015, the newly elected government of President Muhammadu Buhari will face a host of challenges, ranging from high levels of rural poverty to concerns over governance and an insurgency in the north. The outcome of the presidential elections gave Nigeria its first peaceful handover of power in more than 16 years, as well as a boost of momentum that, along with its economic fundamentals, places it on the cusp of potentially long-term, broad-based growth. |
Contents
SNAPSHOT | 6 |
The opposition wins | 12 |
Rolling out measures | 18 |
Ngozi OkonjoIweala Coordinating | 27 |
BANKING | 40 |
Godwin Emefiele Governor Central | 50 |
New owners of privatised | 56 |
The countrys capital | 62 |
AGRICULTURE | 145 |
Akinwumi Adesina Minister | 153 |
CONSTRUCTION REAL ESTATE | 159 |
David Frame Managing Director | 165 |
TELECOMS | 173 |
Omobola Johnson Minister | 180 |
Focus on outsourcing | 191 |
Local production is set to take | 202 |
Oscar N Onyema CEO The Nigerian | 70 |
Reforms boost | 76 |
Oil and | 82 |
Microinsurance and takaful | 92 |
George Osahon Director | 106 |
Domestic players expand | 113 |
UTILITIES | 119 |
Transferring responsibility | 125 |
Liberalisation set to transform | 131 |
Uche Orji Managing Director | 138 |
Quickservice restaurants | 209 |
Technology is set to transform | 214 |
The southwestern state | 224 |
A number of sectors offer | 231 |
Initiatives aim to improve | 241 |
Drastic upgrades to capacity | 248 |
Changes to tax regulations | 255 |
Taiwo Oyedele Partner and Head | 262 |
Ovie Ukiri Managing Partner | 272 |
Contact information for ministries | 279 |
Common terms and phrases
Abuja according agriculture annual assets average Bank of Nigeria bonds boost capacity capital capitalisation Central Bank challenges companies corporate cost country’s Dangote debt decade domestic Ecobank economy ECOWAS equity estimated eurobond expand expected exports federal financing firms foreign funds Ghana global growth imports improve income increase industry infrastructure initial investment investors issues Lagos largest launched lenders listed loans major ment microinsurance Ministry mobile mortgage Muhammadu Buhari NAICOM National Nestlé Ngozi Okonjo-Iweala Nige Niger Nigeria Nigerian Stock Exchange NNPC Nollywood offshore oil and gas operating Osun output pension plans platform population Port Port Harcourt potential private sector privatisation production profit programme projects rates ratio rebasing recent reforms region retail revenue segment share telecoms tion told OBG tonnes trade World Bank



