INDUSTRY

EDUCATION

The importance of agriculture in Nigeria has always been underscored by several factors: the sheer size of its contribution to GDP, (currently at 23.9% down from as high as 66% through the seventies), the percentage of people it employs, the vast endowment of land fit for it (which stands at over 93m hectares) and the diversity of crops and animals that can be produced profitably in Nigeria. Since the latest near collapse of the Oil & Gas sector in 2014, agriculture has been identified as the most viable alternative in the drive for diversification of Nigeria’s economy.  Read More

HEALTHCARE

Nigeria has a population in excess of 175m. The health sector is plagued by the following issues: very low investment by governments at all levels, dearth of skills worsened by brain drain, and inadequate facilities. Nigeria perpetually spends less than the WHO recommended 5% of national budget on the health sector. These factors result in massive outward health tourism by Nigerians to India, USA and EU countries. Recent estimates suggest that as much as $2bn are spent by Nigerians annually on health-related matters. Read More

REAL ESTATE

The real estate sector is one with a massive pent up demand. Confusion appears to have always dogged the sector as to what role governments should play, especially in the provision of affordable housing for the poor and underprivileged. In the past (during the 1980s) it had tried direct intervention by building estates and commercial properties.  However, there has been little to show for these efforts much of which is due to the unique situation of the country with respect to corruption and the rule of law. Read More

FMCG

Since the beginning of this decade, the FMCG sector of the Nigerian economy has come to the fore as an unstoppable economic block, driving the economy of Nigeria with increased contributions to the GDP. The scale and scope of operations of the different players in the industry have turned out in the positive with improved performances, especially on the floors of the Nigerian Stock exchange and this is same for the unquoted companies. Read More 

 

MANUFACTURING

Nigeria presents itself as one of the largest consumer market with over 170 million people and a growing middle class ranked as one of the world’s under-tapped markets. These growing markets present enormous opportunities for players in the space. Read More

 

ENERGY

For a long time, Oil and Gas has been the major financier of the Nigeria budget and a major provider for foreign exchange thus making the state government largely dependant on crude oil export. With the privatization of the power sector and passage of the Local Content Act there seems to be increased opportunities. Also as initiatives for a sustainable energy mix evolve, utility companies that invest wisely position themselves to benefit from the changing industry landscape. Read More

 

FINANCIAL SERVICES

The financial services industry is currently faced with unprecedented challenges driven primarily by changing customer behavior, increasing digitalization and the emergence of innovative non-financial services companies offering competing products. As the pace of change increases, banks and other financial services institutions will be under increasing pressure to respond and take advantage on new market opportunities. Read More  

 

GOVERNMENT & REGULATORS

Governments and political office holders are always under immense pressure to deliver. Nonetheless, many leaders in Nigeria (and Africa) have not successfully translated their vision into concrete socio-political development breakthroughs. This is largely due to lack of/poor strategic planning and efficient allocation of resources; hence, the monumental failures of several governments and collapse of more than a few institutions. Read More

 

TRANSPORTATION & LOGISTICS

A well-developed transport and logistics sector is vital to a nation’s competitiveness as it can be a major contributor to the GDP of a country. It is a key to stimulating trade, helping business efficiency and supporting economic growth. With the advances made in information technology (especially internet aligned technologies) which have spurred phenomenal globalization and e-commerce, the demand for major reforms in the transport and logistics sector has increased tremendously over the years thus presenting a unique opportunity for players in the industry and investors to take advantage of. Read More 

 

AGRICULTURE

While oil may be Nigeria’s breadwinner, Agriculture remains the most important component of the country’s economy. The sector is the largest employer and accounts for 23.9% of GDP. And yet for many years the agricultural industry took a back seat to hydrocarbons, with Nigeria rising to be a key global producer. There is a renewed focus by the Federal Government to support initiatives and create an enabling environment for the growth of the sector. Read More

Nextzon Business Services Limited
We are an emerging market management consulting and enterprise development company, inspired by a collective mission of building and transforming business enterprises for phenomenal success in the market they operate in.

Address: 1 Rachael Nwangwu Close, Lekki Phase 1, Lagos, Nigeria

Phone: DL +(234) 0905 761 3694,  GL +(234) 0812 722 7044

Email: info@nextzon.com