NIGERIA Invest in 2012-13 - Newsdesk Media

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46 the policy agenda The April 2011 elections were a landmark event in Nigeria’s political landscape, reconfirming the government’s commitment to democracy, but challenges remain Women queue at a polling station in northern Nigeria. Independent monitors endorsed the credibility of the April 2011 elections Mogae added: “The success of the electoral process must be attributed in large measure to the respect and confidence enjoyed by the Independent Electoral Commission, and in particular by its chairman, Professor Attahiru Jega. In him, the nation was able to look up to a person of deep integrity, transparency and commitment, who was determined to make every Nigerian’s vote count. His willingness to accept full responsibility for the fiasco of 2 April, and his readiness to postpone the National Assembly elections a second time in response to requests by the stakeholders, helped Nigerians keep faith in the INEC.” In a report on the Nigerian elections, the Observatoire de l’Afrique, a network of independent institutes and experts based in Europe and in Africa, also praised the INEC chairman. “It was recognised that Professor Jega’s independence and integrity have been instrumental in favouring a credible electoral process,” stated the report. There is no doubt that the April 2011 elections were a landmark event in Nigeria’s political landscape, reconfirming the government’s commitment to democracy, but several invest in nigeRia 2012-13 challenges remain, such as the need to align interests across Nigeria’s multi-ethnic, multilingual and religious landscape. With 170 million people, Nigeria is the most populous country in Africa, and it has more than 250 ethnic groups with varying languages and customs. There are deep divisions between the Muslim-dominated north and Christian-dominated south. In order to prevent hostility between regions and religions, since 1999 there had been an unwritten political power sharing agreement, often referred to as ‘zoning’, through which the presidency is expected to alternate between the Christian south and Muslim north. Highlighting the north-south divide The first democratically elected president in the Fourth Republic, President Olusegun Obasanjo, was from the south. He was in power for two consecutive terms and his successor, President Yar’Adua, was from the north. The latter’s untimely death in the midst of his first term in office put Goodluck Jonathan, a southerner, in the presidential seat. There was debate on whether the PDP should field a northern presidential candidate in the 2011 elections, but President Jonathan prevailed and was re-elected, raising questions over the future of zoning arrangements. Moreover, the violence that flared up in the north after the elections, in protest at President Jonathan’s win, was much more severe than in previous years, reflecting a deep rift and resentment among sections of the electorate. Last year’s elections have helped to reinforce Nigerians’ belief that democracy is finally working, but the task before the government is not easy. To build on the gains of the 2011 elections, the government needs to address issues of transparency and accountability in governance, social inequality, justice and corruption, and it must also provide equal access to resources for all. Importantly, the government needs to work towards achieving economic prosperity to meet the aspirations of the country’s citizens. ■ Rekha Gupta Menon is a freelance journalist and has written for publications including the Financial Times, The Banker, Securities Industry News and Professional Wealth Management
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Page 1 and 2: Invest in NIGERIA 2012-13 Published
Page 3 and 4: Mubadala is an investment and devel
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Page 7 and 8: Trade Facilitation/Development Init
Page 9 and 10: Contents Forewords 16 21 The Policy
Page 11 and 12: 44 Promoting free and fair election
Page 13 and 14: 120 Industrial Infrastructure 124 1
Page 16 and 17: 16 FOREWORD Goodluck Ebele Jonathan
Page 18 and 19: Ahmadu Bello University, Zaria, Nig
Page 20 and 21: since 1989 Rotary kiln incinerators
Page 22 and 23: Pushing boundaries An emerging lead
Page 24 and 25: 24 the policy agenda Realising Nige
Page 26 and 27: Foreign policy and the investment e
Page 28 and 29: 28 the policy agenda prospects of l
Page 30 and 31: www.nosakgroup.com Corporate Offi c
Page 32 and 33: 32 the policy agenda Democracy and
Page 34 and 35: Sustainable business, social repons
Page 36 and 37: 36 the policy agenda There is no do
Page 38 and 39: 38 the policy agenda Working to ach
Page 40 and 41: 40 the policy agenda they had sexua
Page 42 and 43: 42 the policy agenda “The improve
Page 44 and 45: 44 the policy agenda Promoting free
Page 48 and 49: 48 the economy and finance Nigeria
Page 50 and 51: Murphy Shipping…………Bridging
Page 52 and 53: 52 the economy and finance has been
Page 54 and 55: Since 1994, Nigeria Inter-Bank Sett
Page 56 and 57: 56 the economy and finance Facts an
Page 58: 58 the economy and finance petroleu
Page 61 and 62: Driving growth through Mobile Money
Page 63 and 64: elevating the country to the upper
Page 65 and 66: Zenith Bank plc Zenith Bank was est
Page 67 and 68: the economy and finance 67 Public r
Page 69 and 70: Improving Nigeria’s electricity n
Page 71 and 72: supply of electricity, though, will
Page 73 and 74: oil, gas and minerals 73 Nigeria’
Page 75 and 76: aBc Human development consultants l
Page 77 and 78: oil, gas and minerals 77 The decisi
Page 79 and 80: Empowering Nigeria Seven Energy Int
Page 81 and 82: Reliable partner in NIGERIA JASCON
Page 83 and 84: Crude oil exports by destination, 2
Page 85 and 86: The leading indigenous suppliers of
Page 87 and 88: DrillPet International Limited (DIL
Page 89 and 90: Step on the gas The Nigerian Gas Ma
Page 91 and 92: The original GMP proposed a gas inf
Page 93 and 94: Find out more at www.oriental-er.co
Page 95 and 96: To encourage the participation of l
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NEITI: the Nigerian Extractive Indu
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Cakasa (Nigeria) Company Limited St
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The government has ambitious plans
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Potential for growth The Nigerian g
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Oil and the Niger Delta Nigeria’s
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Shell estimates it has an additiona
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High Voltage transmission sending s
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Despite being rich in natural resou
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HEAD OFFICE POWER GENERATION TRANSM
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former university academic addresse
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Although efforts to bring electrici
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www.ilf.com ILF - Engineering Excel
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of one gigawatt coal-fired power pl
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© 2012 Caterpillar All Rights Rese
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The National Economic Development P
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Vehicle imports General cargo Conta
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Engineering & Construction STEMCO,
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132 INDUSTRIAL INFRASTRUCTURE Suppo
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134 INDUSTRIAL INFRASTRUCTURE One o
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136 SOCIAL INFRASTRUCTURE Populatio
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138 SOCIAL INFRASTRUCTURE Tackling
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140 SOCIAL INFRASTRUCTURE the chanc
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142 SOCIAL INFRASTRUCTURE Healthcar
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144 SOCIAL INFRASTRUCTURE Obstetric
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146 agriculture and water Growing t
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Electrical, Mechanical, Civil, Wate
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150 agriculture and water sesame an
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Siat Group Investment Company in Tr
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154 agriculture and water The devel
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156 media, tourism aNd culture A ri
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158 media, tourism aNd culture The
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160 MEDIA, TOURISM AND CULTURE A ci
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162 MEDIA, TOURISM AND CULTURE Top
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164 DIRECTORY Government ministries
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166 DIRECTORY Tel: 236 0521, 236 05
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168 DIRECTORY United States of Amer
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170 Index of advertisers Aero .....
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ffordability - innovation eliabilit
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