1. The Nigerian Investment Environment – Opportunities and Challenges.
Presentation By Engr. Dideolu Falobi, FNSE, MIoD.
CEO Kresta Laurel Limited, Nigeria.
On July 30, 2013 in New York, USA

2. The Question Why and How?
The Vice Minister, Foreign Trade of the Kingdom of the Netherlands, Simon Smits, has said that the country will double its investment in Nigeria from its current €8billion in the coming years -
The Question Why and How?
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

3. Investment Opportunities Challenges
Outline
Country Profile
Investment Opportunities
Challenges
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

4. Country Profile Attained Nationhood in 1914 Became independent in 1960
Location: West Africa
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

5. Country Profile Contd. Population: 170,123,740(July 2012 Estimate)
Area: 923,768sq.m(Land %, Water - 1.4%)
Coastline: 853km
Climate: Equitorial in the South, Tropical in the Centre, Arid in the North
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

6. Country Profile Contd.
Natural Resources: Crude Oil, Natural Gas, Gold, Tin, Iron Ore, Coal, Limestone, Bitumen, Bauxite, Talc, Gemstones
Agricultural Products: Cocoa, Rubber, Cattle, Cotton, Fish, Cassava, Palm Trees
Arable Land Usage: 33.02%
Literacy Level: 61.3%
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

7. Other Facts GDP Growth: 2009(7%), 2010(8%), 2011(7.4%)
GDP in 2011: $247billion(65% of the Economy of West Africa)
13th Largest Producer of Crude oil in the World
11th Highest Proven Reserves of Crude oil in the World
10th Highest Proven Reserves of Natural Gas in the World
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

8. Investment Opportunities - Oil & Gas
Refineries
Petrochemicals
Oil Service & Pipelines
Oil Prospecting & Exploitation
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

9. Investment Opportunities - Oil & Gas Contd.
Gas Gathering
Gas Distribution
Manufacturing of Consumables
Training and Consultancy
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

10. Investment Opportunities - Power
Privatization
Power Generation Plants
Manufacturing of Power Equipment and Accessories
Training & Consultancy
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

11. Investment Opportunities - Banking
Mergers
Acquisitions
Organic/Greenfield Entry
Training &Consultancy
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

12. Investment Opportunities - Construction
Housing, Hotel & Malls
Roads & Bridges
Dams
Rail Transport Systems
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

13. Others Capital Market Industrialization Steel and Aluminium industry
Entertainment, arts, culture, music and drama
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

14. Others contd.... IT & Telecoms Water Transport Mining
Education & Health
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

15. Challenges Integrity of the Judiciary & Security of Agreements
Corruption
419 Syndrome
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

16. Challenges Contd. Power Supply Infrastructures
Access to, and high cost of Long term Finance
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

17. PROSPECTS FOR THE MANUFACTURING SECTOR AS A CASE STUDY.
Improved Macro Economic Environment  (Political Stability, Corporate Governance, Economic Reforms, e.t.c)
Abundance of Raw Materials (Minerals & Agriculture)
Land Resources
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

18. Rich Variety of Energy Sources – Gas, Coal, Hydro, Solar, Wind
Increasing Pool of Talents
Large Population – Availability of Inexpensive Labour and Market
Positive Economic Outlook.
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

19. Increasing Pool of Talents
Large Population – Availability of Inexpensive Labour and Market
Positive Economic Outlook.
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

20. Case Study - MTN
Please read "FDI In Telecommunications, The success of MTN IN Nigeria" by Covadonga Velasco, Samy Belemi and Wouter Belmans
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

21. Case Study - MTN. Contd
( AD&url=http%3A%2F%2Ffaculty- course.insead.edu%2Fdutt%2Femdc%2Fprojects%2FFinal%2520R eport%2FFDI%2520in%2520Telecommunications- %2520MTN%2520Nigeria.doc&ei=lTbFUKe0OtGN4gSbiIBo&usg =AFQjCNGQL2W6pRS52ejuJsPMaqDqgfMclQ)
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

22. Case study manufacturing: DANGOTE GROUP(www.dangote-group.com)
Wholly indigenous
Started as a trading company importing Commodities mainly Sugar, Salt & Cement
Keyed into the government’s backward integration policy in 2002
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

23. DANGOTE GROUP Contd.
Today, the Group is arguably one of the biggest Conglomerates in Africa
Today, the promoter, Alhaji Aliko Dangote, GCON is, according to Forbes, the richest man in Africa with an asset base of $16.1billion in March 2013 as against $3.3billion in March 2008.
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

24. DANGOTE GROUP Contd. SUGAR 1.4million P/A
       
2nd Largest Sugar Refinery in the world
Largest in Sub-Sahara Africa
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

25. Installed Capacity of 600, 000 metric ton P/A
SALT  
                  
Installed Capacity of 600, 000 metric ton P/A
Refines, Fortifies & Packages table, Agric and Industrial Salts.
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

26. DANGOTE GROUP Contd. Laminated bags 648million bags/Annum
Fertilizer(Urea & Ammonia)
 2.8million P/A
Refinery      
450,000 barrels/day Refinery capacity
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

27. DANGOTE GROUP Contd. Petrochemicals 650,000 m+pa
Feedstock of carbon black
300,000m+pa       
                                         
LPFO
100,000 m+pa
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

28. DANGOTE GROUP’S CEMENT PRODUCTION GROWTH(In Metric Tons)
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

29. Incentives & More Information
Contact The Ministry of Trade and Investments on
Contact The Nigerian Investment Promotion Commission on
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

30. CAUTION! ALWAYS CONSULT ONE OR ANY OF: CORPORATE COUNCIL FOR AFRICA,
NIGERIAN INVESTMENT PROMOTIONS COUNCIL(NIPC),
EMBASSY OF USA IN NIGERIA
NIGERIAN EMBASSY IN USA
NIGERIAN-AMERICAN CHAMBER OF COMMERCE
FOR ADVICE AND GUIDANCE BEFORE YOU CONSUMATE MAJOR INVESTMENTS, MERGERS OR ACQUISITIONS
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

31. Words of Wisdom
"Nigeria has the most attractive environment for investment in Nigeria because Nigeria is a large market in the continent; it is the second largest economy in the continent. For me, while we say the country's current investment climate could be better in terms of providing electricity, access to finance and other things, you should also look at the huge opportunities for investment in Nigeria" - Marie Francoise Marie-Nelly, Country Director, World Bank, Nigeria.
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria

32. Engr. DIDEOLU FALOBI, FNSE, MIoD Managing Director/CEO,
Kresta Laurel Limited,
376, Ikorodu Road,
Maryland, Lagos, NIGERIA.
Tel: ,

33. THANK YOU ALL.
Engr. Dideolu Falobi, FNSE, MIoD, CEO, Kresta Laurel Limited, Nigeria