tmp_13261-201612_Nigeria-in-2017941746745

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CONCLUSION What life will look like for the average Nigerian? 2017 is a year that will start off tough for the Nigerian state and we have not seen signs that the current government understands this, or has taken cognisance of this in their planning. It appears to us that the government has pinned all of its hopes on oil prices rising. While we predict that this will happen in a short window and provide some respite, this will be short-lived especially considering the fundamental crisis of confidence the government’s actions and policies have created in 2016. This, coupled with the instability that the security issues will create makes the outlook for the Nigerian state a gloomy one. 2017 is a year in which the average Nigerian will be forced to cut down. The key mantra will be to conserve cash, and cut down on excess spending as things get tighter. Where payments can be structured so that they can be made in instalments over time, most will vigorously pursue this option in order to manage cash flow. Opportunities will present themselves to pick up assets for below market prices as people try to raise money, and it is those who have conserved their cash that will be in a position to take advantage of such opportunities. Key investments in enhancing job skills and alternate skills will be important as employees seek to improve their productivity and raise the chances of retaining their jobs. Safety and a security consciousness will become the watchword as crimes such as kidnapping and armed robbery will rise as people become more desperate to make ends meet. The urbanization trend will continue, driven by security concerns as well as economic pressures, and delivering goods or services to the growing urban population who typically move to the fringes of the urban centres initially will provide such opportunities. The average Nigerian will also find healthcare more challenging and will need to be wary of fake drugs. Maintaining a healthy and fit lifestyle to avoid illness will be an advantage. It will be important to attempt to create, and grow, additional streams of income as we predict that there will be more job losses. 44
ABOUT SBM INTEL SBM Intel is an Africa-focused market intelligence and communications consulting firm focused on addressing the critical need for market data and big data analytics. We employ various methods of data collection such as personal interviewing, telephone, mail and the Internet. Depending on the survey design, our methods can be used separately or combined. Our Data Collection Methodology (DCM) team advises on data collection methods for all ONS social and business surveys. With clients both within the business and the wider government community, we aim to provide expert advice on data collection procedures and carry out research leading to improvements in survey quality. Our firm's strategic communication services are designed to influence the stakeholders critical to our clients' objectives. We are a lean and fast machine that combines creative messaging and the right channels to deliver measurable and competitive business results. We help organisations identify opportunities, keep an eye on the competition and be informed about market trends. We also combine our in-depth understanding of the Nigerian market with 360 degrees strategic communication skills to influence those that matter most to our clients Since 2014, when SBM Intel started its operations, the firm has provided data analytics and strategic communication solutions to dozens of clients across various sectors in Nigeria, Ghana, Cote d'Ivoire and the United Kingdom. In 2015 we became a partner to Stratfor, an American geopolitical intelligence firm that provides strategic analysis and forecasting to individuals and organisations around the world, including the various United States departments and agencies like the Department of Defense (DoD) and the Federal Bureau of Investigations (FBI). Since the partnership came into effect, several SBM Intel generated reports have been published on the Stratfor website; stratfor.com.
Page 1 and 2: NIGERIA IN 2017 A review of 2016 Ou
Page 3 and 4: DISCLAIMER The data contained in th
Page 5 and 6: PAINTING A GLOBAL CONTEXT There wer
Page 7 and 8: ASSESSING OUR PREDICTIONS FOR 2016,
Page 9 and 10: leading the way in banning and supp
Page 11 and 12: Efforts to control the value of the
Page 13 and 14: 2016 REVIEW - SECURITY 2016 saw sec
Page 15 and 16: Region Operations Notes North East
Page 17 and 18: National Assembly in Abuja. The sta
Page 19 and 20: The activities of militants in the
Page 21 and 22: 2016 REVIEW - JOBS From foreign exc
Page 23 and 24: has revealed plans to relocate to G
Page 25 and 26: 2016 REVIEW - POLITICS AND DEMOCRAC
Page 27 and 28: 2016 REVIEW - POWER 2016 was suppos
Page 29 and 30: credit committee about the viabilit
Page 31 and 32: $751 million for all federal univer
Page 33 and 34: ECONOMY We believe that the economy
Page 35 and 36: SECURITY With the impending liberat
Page 37 and 38: in larger numbers, smaller villages
Page 39 and 40: too little to positively impact the
Page 41 and 42: POLITICAL REALIGNMENTS WILL HAPPEN
Page 43: The hollowing out of Nigerian manuf

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