Nigeria - PEST
Nigeria - PEST
Nigeria - PEST
Presentation Outline
Facts About Nigeria
Opportunities in Nigeria
Nigeria SWOT-PEST Analysis
Investment Incentives
Main Challenges when Doing Business
How To Do Business in Nigeria
Opportunities:
Major Challenges:
the South
Ensure political stability
Navigate through failing oil price (rising
difficult
regulatory
undue influence
processes
and
Strength
Weakness
Opportunity
Political
Stability since
1999
Regional
political leader
in Africa
Oil Producing
Minerals & Land
Endowment
Young Population
ratio
Large Consumers
Relatively stable
exchange rate
Technology
Social
Economy
Political
Growing
international
recognition
Widening political
participation
Economic Reform
Threat
Ethnic frictions
Policy uncertainty
Security threat in
the North
Lack of social
security system
Computerization
of Govt & Private
Sector business
Telecoms
revolution
Launch Nigeria
SAT 1
Large capital
outlay for startups
Illiteracy
Slow ICT
Innovation
Telecom
revolution
E-commerce
E-learning
E-governance
IT security
(hacking)
Loss of markets
Dominance of
foreigners in the IT
industry
Opportunities in Nigeria
Oil and gas governments plans to raise output means the sector has long-term opportunities
Agriculture the countrys agricultural potential is largely untapped and the government is keen to attract
investment and technical expertise. A lot of reforms are currently being done in the agricultural sector.
Mining and mineral processing investment incentives are being considered
Power Huge scope for private participation the market is being really opened up
Communications huge opportunities exist with Nigeria being the most lucrative telecoms market in Africa,
growing at twice the African average.
Healthcare
Financial and Professional Services
Information and Computer Technology (ICT)
Creative Industries- Nigerians film industry is the worlds 3rd largest and the Nigerian music industry is growing rapidly.
Transport
Construction and Infrastructure development
Education and training Nigerians are hungry for knowledge.
Aid-funded business
*Source: UKTI Doing Business in Nigeria Report
Investment Incentives
The Federal Government of Nigeria offer a number of investment
incentives intended to stimulate foreign direct and internal
investment. Some of these incentives are available across all sectors
whilst others are industry specific.
Source: CAC
Druckfarben Hellas is the largest Greek manufacturer of flexography and rotogravure inks for
flexible packages (plastic bags, food packages, carton boxes, etc.) in the Balkans. The company
also produces and sells offset inks for newspapers, magazines and other printed media. It also
holds a significant market position in the area of architectural paints and varnishes, under the well-
Following a detailed market research in Nigeria before the formation of the JV, the first customer
agreement was concluded in March 2011, whereas offers to other customers were at that time in
progress.
A 50%-50% JV between AG Leventis Nigeria and Druckfarben Hellas was established in February
2011.
The business of the Nigerian company is mixing, filtration, packaging and sale of ready made print
packaging ink or intermediates in Nigeria and Ecowas.
The location of new factory facilities was selected in early 2011 and repairs and renovation were
completed in 6 months.
Financial Results
Over the last 4 years of its operations, Druckfarben Nigeria is a profitable business with good
prospects for expansion especially with the introduction of new products and exports in new
neighboring markets / countries.
in
2011
2012
2013
1,447,590
2,866,270
3,337,560
EBITDA
292,940
314,960
398,630
EBT
278,480
268,200
336,990
Sales
customers
manufacturing
plants,
are
food
and
petrochemical,
beverage
construction
experienced
engineers
supporting
Fast forward
2050
ITALY
14th economy in the
world
with GDP 3.8 US$
trillion
SPAIN
15th economy
in the world
with GDP
3.6 US$ trillion
CANADA
16th economy
in the world
with GDP
3.55 US$ trillion
NIGERIA
with GDP 4 US$ trillion
overtaking Spain, Canada
and Italy
THANK YOU