The Report: Nigeria 2013Oxford Business Group, 2013 M12 4 As the single most populous nation in Africa, Nigeria recently overtook South Africa as the largest economy on the continent. Natural resources, oil and gas in particular, comprise the country’s single largest revenue-earner but the 170m person economy also has seen significant activity in recent years into the industrial, financial, telecoms and – as of 2013 – power sectors. Hydrocarbons reserves have traditionally attracted the vast majority of domestic and foreign investment in Nigeria. Oil production capacity has remained at roughly 2.5m barrels per day (bpd) since the start of 2000, although output fell to 2.2m bpd on average in 2012. Still, the country has long operated below its true potential and government efforts in recent years have sought to increase local value addition, by boosting refining capacity and minimising theft and bunkering. The country’s banking sector has been through a significant shake-up as well, resulting in a far healthier and more robust financial industry, while reforms in the telecoms and agricultural sectors have strengthened medium-term prospects. |
Contents
For all editorial and advertising | 10 |
information provided in this | 16 |
President Goodluck Ebele Jonathan | 20 |
Luiz Inácio Lula da Silva Former | 27 |
Frank NwekeII DirectorGeneral | 44 |
Mustafa Bello CEO Nigerian | 51 |
ENERGY | 117 |
Robert Tashima | 131 |
MEDIA ADVERTISING | 277 |
challenges and opportunities | 287 |
The television segment | 288 |
Business School and Chairperson AABS | 315 |
development at all levels | 325 |
rules for foreign investors | 333 |
THE GUIDE | 346 |
embassies and more | 352 |