1. Market Research
  2. > Transportation Market Trends
African Infrastructure Tracker—Nigeria

African Infrastructure Tracker—Nigeria

  • November 2015
  • 50 pages
  • ID: 3365807
  • Format: PDF
  • Frost & Sullivan

Summary

Table of Contents

Infrastructure Development in Nigeria

Nigeria has the largest economy in Africa but is affected by its limited infrastructure—particularly, its transport and energy infrastructure which imposes serious limitations on the country’s economic growth potential. Significant challenges such as power shortages are evident in the electricity sector and this has negatively impacted industrial growth. There is a massive drive toward infrastructure development to support economic growth, with significant development in rail, energy, and electricity infrastructure.

Introduction
Nigeria has overtaken South Africa and has emerged as the largest economy in the African continent after re-establishing their Gross Domestic Product (GDP) calculation. In 2014, the Nigerian economy
was largely driven by the non-oil sector, as declining oil prices and production volumes posed major challenges to the economy. Significant efforts are being initiated by the federal government of Nigeria
to facilitate better access to high-quality living standards through enhanced developments in education, healthcare, and other infrastructure services. Exhibit 1 depicts the development of infrastructure for different industrial sectors in Nigeria for 2015. The Nigerian economy has been significantly affected due to oil-price volatility, sluggish economic growth, and inadequate investments in the infrastructure sector. Although the country recorded annual growth of approximately % in 2015, this was only possible due to enhancements in the non-oil sector of Nigeria.

As estimated in the 2015-2017 Medium Term Expenditure Framework (MTEF), oil prices in Nigeria have been benchmarked to $ from an earlier rate of $65, thus affecting the fiscal revenues of the country. Moreover, highly regulated gas pricing policies implemented by the government have induced minimal investments in gas exploration and supply activities resulting in reduced natural gas production in Nigeria. To address these challenges, the federal government has been heavily recovering revenue from the non-oil sector to compensate for declining oil revenue. In addition, the government also plans to impose monetary penalties on
non-complying entities to prevent large scale natural gas flaring in the country. The Trans-Saharan gas-pipeline project between Nigeria and Algeria is a major development undertaken by the Nigerian National Petroleum Corporation (NNPC) to establish connectivity with Algeria and Niger, as well as the European continent.

The electricity supply industry in Nigeria is highly affected due to gas pipeline vandalism, inadequate transmission infrastructure, and insufficient funding which hampers timely completion of the projects.
Social unrest, which is prevalent in the country, has resulted in power shutdowns on a large scale, resulting in negative implications in other key sectors of the economy including retail, trade, transport,
and telecom. However, various strategies are being implemented by the government to overcome the inflation caused by the deteriorating energy crisis in line with increased private sector participation to
inject huge investments towards development of the projects. Insurgency is a major threat affecting implementation of various infrastructure projects in the country. Most of the contractors have abandoned their projects owing to loss of life due to frequent militant attacks. The construction of key roads in Nigeria has been hindered on a large scale because of the inadequate support from the government in terms of funding, security, and technical expertise.

Inefficient modes of transportation have also induced heavy pressure on the road sector preventing further rehabilitation and expansion of existing road projects. Over the last few decades, railway sector development has remained stagnant owing to negligence from the federal government as well as management issues concerning the Nigerian Railway Corporation (NRC). However, a 25-year Railway Strategic Plan has been introduced by the government to modernize obsolete railway infrastructure and to ensure completion of all existing and ongoing railway projects in the country. To enhance the economy of the country, the Nigerian government has also initiated the development of new deep-sea ports that are expected to further transform Nigeria into a major hub for trade and business in West Africa. The federal government is also engaged in the development of new terminals at existing airports in the country to facilitate the efficient handling of incremental passenger and freight traffic by incorporating huge investments through private sector participation.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Utilities Global Industry Almanac 2016-2025

  • $ 2995
  • March 2021
  • 660 pages

Utilities Global Industry Almanac 2016-2025 Summary Global Utilities industry profile provides top-line qualitative and quantitative summary information including: industry size (value 2016-20, and forecast ...

  • World
  • Natural Gas
  • Electric Power Generation
  • Industry analysis
  • Natural Gas Price
  • Electricity Consumption

ref:plp2015

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on