SlideShare a Scribd company logo
1 of 22
Nigeria as a MICE source
market
Prof. Adesoji Adesugba
Vice President
Abuja Chamber of Commerce and
Industry, Nigeria
“MICE”: What is it?
● “At first I was made popular by the plague, then someone
thought I should be used as a computer device, and just
when I was about to rest, I am an acronym for events and
conferences”
● Is it Meetings, Incentives, Conferences, and Events or
Meetings, Incentives, Conventions, and Events?
● Is it a type of tourism? (Since it involves the advanced
planning of bringing together large groups of people to a
place for a particular purpose, usually through an act of
bidding and location marketing).
MICE challenges in Nigeria
Challenges for MICE in Nigeria - Perception is Reality
● International Security warnings (Don’t go there)
● Inadequate hotel rooms (How many hotel rooms?)
● Inadequate Conference Infrastructure (Not many
Convention Centers)
● Inadequate Transport Infrastructure (Which
Airports?)
● Low level of publicity and marketing. (Who, Where,
What?)
● Lack of MICE companies and MICE (Is this an
opportunity for me?)
MICE key drivers in Nigeria: large scale economy
● Largest economy in Africa: GDP was $405
billion in 2016 (World Bank)
● Amongst top 10 most populated countries
in the world: 198 million inhabitants in early
2018
● Wide range of industries represented in the
country; this translates into:
○ a huge number of meetings and events taking
place for all these sectors
○ Growing travel hospitality industry
Top GDP performers, Africa 2015
Nigeria 481
Egypt 333
South Africa 318
Source: World Bank
MICE key drivers in Nigeria: large scale economy
Source: Nigeria Enabling Business Environment Secretariat
MICE key drivers in Nigeria: large scale economy
Source: Nigeria Enabling Business Environment Secretariat
MICE key drivers in Nigeria: large scale economy
Source: Nigeria Enabling Business Environment Secretariat
MICE key drivers in Nigeria: large scale economy
Source: Nigeria Enabling Business Environment Secretariat
MICE key drivers in Nigeria: new segments
● Events around traditional industries usually
associated with Nigeria such as petroleum
and other natural resources but new
segments emerge and/or become better
structured, impacting positively on MICE
○ Entertainment (cinema, broadcasting, music)
○ Advertising
○ Fashion
○ Sports
● Nigeria is an African microcosm attracting
investors from all around the globe who can
afford to sustain the MICE sector
MICE key drivers in Nigeria: new segments
According to Fortune magazine:
● In 2009, Nollywood had surpassed
Hollywood as the world’s second
largest movie industry by volume,
right behind India’s Bollywood…
● In 2014, the Nigerian government
released data for the first time
showing Nollywood is a $3.3 billion
sector, with 1844 movies produced
in 2013 alone.
MICE key drivers in Nigeria: booming ICT market
● Connectivity and broadband access are key
to the hospitality and the MICE
● The Nigerian broadband market is
booming and broadband connections are
essentially via mobile networks (3G, 4G)
● The ICT segment is not only an enabler of MICE activities but also a source
of MICE as there are a large number of ICT events in Nigeria.
● The ICT related MICE activities grow at the same pace as the market and
also as a result of segmentation within the ICT market. We moved from
talking about basic phone calls to broadband connectivity, cloud, IoT
Abuja Chamber of Commerce and MICE
● Founded in 1986, the Abuja Chamber of commerce has formed alliances
with business leaders, trade associations, sister chambers, government
agencies, & foreign embassies to accomplish its goals of enhancing the
sustainable growth and development of businesses in the Federal Capital
Territory (FCT) of Abuja
● The strategic location of Abuja as well as on-going large-scale
development activities makes it a fertile ground for investment.
● The development of Abuja constitutes an economic resource, demand
for services and infrastructural facilities
Abuja Chamber of Commerce and MICE
BEST Centre
Secretariat
ADR Centre
Abuja Trade &
Convention Centre
Policy advocacy
centre
Abuja Chamber of Commerce and MICE
Business Entrepreneurship, Skills, and Technology (BEST)
Centre
● The ACCI BEST was founded for capacity development of
the business community through various activities.
● These will help businesses and proprietors improve on
the operation of their businesses.
● In line with this, the Abuja Chamber of Commerce and
Industry (ACCI) established the Business
Entrepreneurship, Skills, and Technology (BEST) Centre
to run training programs and activities for capacity
development.
Abuja Chamber of Commerce and MICE
● BEST Centre organises meetings, conferences, events and trainings
● Partnership with 3rd parties
Abuja Chamber of Commerce and MICE
Abuja Trade and Convention
● Centre to run training programs and activities for capacity development.
Significance of South African involvement
● South African stakeholders have over the past
10-15 years been key investors in Nigeria
● A win-win situation where South Africans get
access to volumes and Nigerians to expertise.
● According to the South African High Commission
to Nigeria, the volume of trade between Nigeria
and South Africa rose to NGN1.3 trillion (ZAR62
billion) in 2015.
● All these companies are directly or indirectly
fuelling MICE activities through organising or
sponsoring them
Significance of South African involvement
Success stories: ICT
● MTN dominates the nigerian ICT market, generating ZAR52 billion and
ZAR32 billion in revenues and EBITDA respectively.
Significance of South African involvement
Success stories: Retail
● Shoprite
Source: Shoprite investors relations, 26 weeks to December 2017
Significance of South African involvement
Success stories: broadcast
● Multichoice has a strong market share in the pay-TV segment on the back
of premium content such as the English Premier league
Significance of South African involvement
Success stories: broadcast
● Multichoice sister company M-Net gambled
on local content and records large
audience on its “Africa Magic” branded
channels. Key content includes Big Brother
Naija, which attracted over 170 million SMS
votes estimated at NGN5.1 billion (ZAR185
million)
● M-Net and Mulltichoice are also involved in
MICE through the Africa Magic Viewers
Choice Awards
Thank you
a.adesugba@accinigeria.com

More Related Content

What's hot

Eclairage dans les maisons
Eclairage dans les maisonsEclairage dans les maisons
Eclairage dans les maisonsSami Sahli
 
Formation Tourisme Durable - Historique du Tourisme
Formation Tourisme Durable - Historique du TourismeFormation Tourisme Durable - Historique du Tourisme
Formation Tourisme Durable - Historique du TourismeGuillaume CROMER
 
Khan shatyr entertainment center
Khan shatyr entertainment centerKhan shatyr entertainment center
Khan shatyr entertainment centerRuchita Dhami
 
Hda centre-tjibaou
Hda centre-tjibaouHda centre-tjibaou
Hda centre-tjibaouayoub nasri
 
La cartoucherie analyse
La cartoucherie   analyseLa cartoucherie   analyse
La cartoucherie analyseJulie Braka
 
L'habitat m'zab
L'habitat m'zabL'habitat m'zab
L'habitat m'zabhafouu
 
Approch contextuelle new
Approch contextuelle newApproch contextuelle new
Approch contextuelle newHiba Architecte
 
Acoustique et isolation phonique
Acoustique et isolation phoniqueAcoustique et isolation phonique
Acoustique et isolation phoniqueSami Sahli
 
École de lozanne
École de lozanneÉcole de lozanne
École de lozanneSami Sahli
 
Habitat individuel à jijel
Habitat individuel à jijelHabitat individuel à jijel
Habitat individuel à jijelBOUZIDA Djihene
 
Duncan Finch Avanti Architects, UK Torbay Hospital: strategies for the new pa...
Duncan Finch Avanti Architects, UK Torbay Hospital: strategies for the new pa...Duncan Finch Avanti Architects, UK Torbay Hospital: strategies for the new pa...
Duncan Finch Avanti Architects, UK Torbay Hospital: strategies for the new pa...Architects for Health
 
analyse urbaine de la ville de Jijel
analyse urbaine de la ville de Jijel analyse urbaine de la ville de Jijel
analyse urbaine de la ville de Jijel Sami Sahli
 
Analyse du gare routiere
Analyse du gare routiereAnalyse du gare routiere
Analyse du gare routiereMinocha Archit
 
Centre culturel havre larabi marwa
Centre culturel havre larabi marwaCentre culturel havre larabi marwa
Centre culturel havre larabi marwaMarwa Larabi
 
Midpark hospital case study
Midpark hospital case studyMidpark hospital case study
Midpark hospital case studyGargi Bhatele
 
L’ARCHITECTURE DU CENTRE POMPIDOU - METZ
L’ARCHITECTURE DU CENTRE POMPIDOU - METZL’ARCHITECTURE DU CENTRE POMPIDOU - METZ
L’ARCHITECTURE DU CENTRE POMPIDOU - METZEricFreymond
 

What's hot (20)

Eclairage dans les maisons
Eclairage dans les maisonsEclairage dans les maisons
Eclairage dans les maisons
 
Formation Tourisme Durable - Historique du Tourisme
Formation Tourisme Durable - Historique du TourismeFormation Tourisme Durable - Historique du Tourisme
Formation Tourisme Durable - Historique du Tourisme
 
Khan shatyr entertainment center
Khan shatyr entertainment centerKhan shatyr entertainment center
Khan shatyr entertainment center
 
Hda centre-tjibaou
Hda centre-tjibaouHda centre-tjibaou
Hda centre-tjibaou
 
La cartoucherie analyse
La cartoucherie   analyseLa cartoucherie   analyse
La cartoucherie analyse
 
L'habitat m'zab
L'habitat m'zabL'habitat m'zab
L'habitat m'zab
 
Ppt28 [récupéré]
Ppt28 [récupéré]Ppt28 [récupéré]
Ppt28 [récupéré]
 
Approch contextuelle new
Approch contextuelle newApproch contextuelle new
Approch contextuelle new
 
Acoustique et isolation phonique
Acoustique et isolation phoniqueAcoustique et isolation phonique
Acoustique et isolation phonique
 
École de lozanne
École de lozanneÉcole de lozanne
École de lozanne
 
Habitat individuel à jijel
Habitat individuel à jijelHabitat individuel à jijel
Habitat individuel à jijel
 
Duncan Finch Avanti Architects, UK Torbay Hospital: strategies for the new pa...
Duncan Finch Avanti Architects, UK Torbay Hospital: strategies for the new pa...Duncan Finch Avanti Architects, UK Torbay Hospital: strategies for the new pa...
Duncan Finch Avanti Architects, UK Torbay Hospital: strategies for the new pa...
 
analyse urbaine de la ville de Jijel
analyse urbaine de la ville de Jijel analyse urbaine de la ville de Jijel
analyse urbaine de la ville de Jijel
 
La lumière pour les façades
La lumière pour les façadesLa lumière pour les façades
La lumière pour les façades
 
Analyse du gare routiere
Analyse du gare routiereAnalyse du gare routiere
Analyse du gare routiere
 
Centre culturel havre larabi marwa
Centre culturel havre larabi marwaCentre culturel havre larabi marwa
Centre culturel havre larabi marwa
 
Midpark hospital case study
Midpark hospital case studyMidpark hospital case study
Midpark hospital case study
 
L'habitat écologique
L'habitat écologiqueL'habitat écologique
L'habitat écologique
 
L’ARCHITECTURE DU CENTRE POMPIDOU - METZ
L’ARCHITECTURE DU CENTRE POMPIDOU - METZL’ARCHITECTURE DU CENTRE POMPIDOU - METZ
L’ARCHITECTURE DU CENTRE POMPIDOU - METZ
 
Hemisferic, Valencia
Hemisferic, ValenciaHemisferic, Valencia
Hemisferic, Valencia
 

Similar to Nigeria as a MICE source market

NIGERIA ENTREPRENEURSHIP & ECONOMIC GROWTH CONFERENCE
NIGERIA ENTREPRENEURSHIP & ECONOMIC GROWTH CONFERENCENIGERIA ENTREPRENEURSHIP & ECONOMIC GROWTH CONFERENCE
NIGERIA ENTREPRENEURSHIP & ECONOMIC GROWTH CONFERENCERuth Adams
 
Africa Singapore Business Forum 2018 | Nigeria
Africa Singapore Business Forum 2018 | NigeriaAfrica Singapore Business Forum 2018 | Nigeria
Africa Singapore Business Forum 2018 | NigeriaEnterprise Singapore
 
Event industry in India
Event industry  in IndiaEvent industry  in India
Event industry in IndiaUllas Naidu
 
AFRICA - Nigeria's renewal - McKinsey & Company
AFRICA - Nigeria's renewal - McKinsey & CompanyAFRICA - Nigeria's renewal - McKinsey & Company
AFRICA - Nigeria's renewal - McKinsey & CompanyOliver Grave
 
Mc kinsey nigeria%27s renewal may 2014
Mc kinsey nigeria%27s renewal may 2014Mc kinsey nigeria%27s renewal may 2014
Mc kinsey nigeria%27s renewal may 2014Dr Lendy Spires
 
IAD Summit qick review
IAD Summit qick reviewIAD Summit qick review
IAD Summit qick reviewAdrian Hall
 
Fate foundation msme_policy_report
Fate foundation msme_policy_reportFate foundation msme_policy_report
Fate foundation msme_policy_reportNiccio Resources
 
Brand spur - Issue 7
Brand spur - Issue 7Brand spur - Issue 7
Brand spur - Issue 7BrandSpur Ng
 
Nigeria Infrastucture and Analyse Africa report
Nigeria Infrastucture and Analyse Africa reportNigeria Infrastucture and Analyse Africa report
Nigeria Infrastucture and Analyse Africa reportMirela Xhota, Msc
 
Data Mining-based Real-Time User-centric Recommender System for Nigerian Tour...
Data Mining-based Real-Time User-centric Recommender System for Nigerian Tour...Data Mining-based Real-Time User-centric Recommender System for Nigerian Tour...
Data Mining-based Real-Time User-centric Recommender System for Nigerian Tour...IJEACS
 
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGES
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGESVOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGES
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGESIsaac udeh
 
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGES
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGESVOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGES
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGESIsaac udeh
 
Using ICT Policy Framework as Panacea for Economic Recession and Instability ...
Using ICT Policy Framework as Panacea for Economic Recession and Instability ...Using ICT Policy Framework as Panacea for Economic Recession and Instability ...
Using ICT Policy Framework as Panacea for Economic Recession and Instability ...AnthonyOtuonye
 

Similar to Nigeria as a MICE source market (20)

NIGERIA ENTREPRENEURSHIP & ECONOMIC GROWTH CONFERENCE
NIGERIA ENTREPRENEURSHIP & ECONOMIC GROWTH CONFERENCENIGERIA ENTREPRENEURSHIP & ECONOMIC GROWTH CONFERENCE
NIGERIA ENTREPRENEURSHIP & ECONOMIC GROWTH CONFERENCE
 
Africa Singapore Business Forum 2018 | Nigeria
Africa Singapore Business Forum 2018 | NigeriaAfrica Singapore Business Forum 2018 | Nigeria
Africa Singapore Business Forum 2018 | Nigeria
 
Foreign direct investments a review from the nigerian perspective
Foreign direct investments   a review from the nigerian perspectiveForeign direct investments   a review from the nigerian perspective
Foreign direct investments a review from the nigerian perspective
 
Event industry in India
Event industry  in IndiaEvent industry  in India
Event industry in India
 
Mice
Mice Mice
Mice
 
AFRICA - Nigeria's renewal - McKinsey & Company
AFRICA - Nigeria's renewal - McKinsey & CompanyAFRICA - Nigeria's renewal - McKinsey & Company
AFRICA - Nigeria's renewal - McKinsey & Company
 
Mc kinsey nigeria%27s renewal may 2014
Mc kinsey nigeria%27s renewal may 2014Mc kinsey nigeria%27s renewal may 2014
Mc kinsey nigeria%27s renewal may 2014
 
IAD Summit qick review
IAD Summit qick reviewIAD Summit qick review
IAD Summit qick review
 
Trade industry.pptx
Trade industry.pptxTrade industry.pptx
Trade industry.pptx
 
Investment Opportunities in Nigeria
Investment Opportunities in NigeriaInvestment Opportunities in Nigeria
Investment Opportunities in Nigeria
 
Fate foundation msme_policy_report
Fate foundation msme_policy_reportFate foundation msme_policy_report
Fate foundation msme_policy_report
 
Nigeria Economic Outlook for 2018 and Beyond
Nigeria Economic Outlook for 2018 and BeyondNigeria Economic Outlook for 2018 and Beyond
Nigeria Economic Outlook for 2018 and Beyond
 
Wbg dennis etm inyang mbekwe dgtal atfat
Wbg dennis etm inyang mbekwe dgtal atfatWbg dennis etm inyang mbekwe dgtal atfat
Wbg dennis etm inyang mbekwe dgtal atfat
 
Brand spur - Issue 7
Brand spur - Issue 7Brand spur - Issue 7
Brand spur - Issue 7
 
Nigeria Infrastucture and Analyse Africa report
Nigeria Infrastucture and Analyse Africa reportNigeria Infrastucture and Analyse Africa report
Nigeria Infrastucture and Analyse Africa report
 
Data Mining-based Real-Time User-centric Recommender System for Nigerian Tour...
Data Mining-based Real-Time User-centric Recommender System for Nigerian Tour...Data Mining-based Real-Time User-centric Recommender System for Nigerian Tour...
Data Mining-based Real-Time User-centric Recommender System for Nigerian Tour...
 
Presentation 1 jrms suriname v5
Presentation 1 jrms suriname v5Presentation 1 jrms suriname v5
Presentation 1 jrms suriname v5
 
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGES
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGESVOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGES
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGES
 
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGES
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGESVOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGES
VOA - ENTREPRENEURSHIP DEVELOPMENT IN NIGERIA, THE CHALLENGES
 
Using ICT Policy Framework as Panacea for Economic Recession and Instability ...
Using ICT Policy Framework as Panacea for Economic Recession and Instability ...Using ICT Policy Framework as Panacea for Economic Recession and Instability ...
Using ICT Policy Framework as Panacea for Economic Recession and Instability ...
 

More from Adesoji Adesugba

Socio-Economic Impact of COVID-19: Living in a new World
Socio-Economic Impact of COVID-19: Living in a new WorldSocio-Economic Impact of COVID-19: Living in a new World
Socio-Economic Impact of COVID-19: Living in a new WorldAdesoji Adesugba
 
Understanding the Chamber of Commerce Administration
Understanding the Chamber of Commerce AdministrationUnderstanding the Chamber of Commerce Administration
Understanding the Chamber of Commerce AdministrationAdesoji Adesugba
 
Legislators: through the lenses of the constituents and the public
Legislators: through the lenses of the constituents and the publicLegislators: through the lenses of the constituents and the public
Legislators: through the lenses of the constituents and the publicAdesoji Adesugba
 
The Nigerian gemstones path and value chain
The Nigerian gemstones path and value chainThe Nigerian gemstones path and value chain
The Nigerian gemstones path and value chainAdesoji Adesugba
 
Corporate governance and the financial oversight of the board
Corporate governance and the financial oversight of the boardCorporate governance and the financial oversight of the board
Corporate governance and the financial oversight of the boardAdesoji Adesugba
 
Presenting the ACCI Business Entrepreneurship Skills and Technology Centre to...
Presenting the ACCI Business Entrepreneurship Skills and Technology Centre to...Presenting the ACCI Business Entrepreneurship Skills and Technology Centre to...
Presenting the ACCI Business Entrepreneurship Skills and Technology Centre to...Adesoji Adesugba
 
The effective board composition and structure
The effective board  composition and structureThe effective board  composition and structure
The effective board composition and structureAdesoji Adesugba
 
Bridging the skills gap in tertiary institutions/education through collabora...
Bridging the skills gap in tertiary  institutions/education through collabora...Bridging the skills gap in tertiary  institutions/education through collabora...
Bridging the skills gap in tertiary institutions/education through collabora...Adesoji Adesugba
 

More from Adesoji Adesugba (9)

The Corona Virus Pandemic
The Corona Virus PandemicThe Corona Virus Pandemic
The Corona Virus Pandemic
 
Socio-Economic Impact of COVID-19: Living in a new World
Socio-Economic Impact of COVID-19: Living in a new WorldSocio-Economic Impact of COVID-19: Living in a new World
Socio-Economic Impact of COVID-19: Living in a new World
 
Understanding the Chamber of Commerce Administration
Understanding the Chamber of Commerce AdministrationUnderstanding the Chamber of Commerce Administration
Understanding the Chamber of Commerce Administration
 
Legislators: through the lenses of the constituents and the public
Legislators: through the lenses of the constituents and the publicLegislators: through the lenses of the constituents and the public
Legislators: through the lenses of the constituents and the public
 
The Nigerian gemstones path and value chain
The Nigerian gemstones path and value chainThe Nigerian gemstones path and value chain
The Nigerian gemstones path and value chain
 
Corporate governance and the financial oversight of the board
Corporate governance and the financial oversight of the boardCorporate governance and the financial oversight of the board
Corporate governance and the financial oversight of the board
 
Presenting the ACCI Business Entrepreneurship Skills and Technology Centre to...
Presenting the ACCI Business Entrepreneurship Skills and Technology Centre to...Presenting the ACCI Business Entrepreneurship Skills and Technology Centre to...
Presenting the ACCI Business Entrepreneurship Skills and Technology Centre to...
 
The effective board composition and structure
The effective board  composition and structureThe effective board  composition and structure
The effective board composition and structure
 
Bridging the skills gap in tertiary institutions/education through collabora...
Bridging the skills gap in tertiary  institutions/education through collabora...Bridging the skills gap in tertiary  institutions/education through collabora...
Bridging the skills gap in tertiary institutions/education through collabora...
 

Recently uploaded

Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxAbhayThakur200703
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...lizamodels9
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurSuhani Kapoor
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfmuskan1121w
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 

Recently uploaded (20)

Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptx
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
Best Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting PartnershipBest Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting Partnership
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdf
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 

Nigeria as a MICE source market

  • 1. Nigeria as a MICE source market Prof. Adesoji Adesugba Vice President Abuja Chamber of Commerce and Industry, Nigeria
  • 2. “MICE”: What is it? ● “At first I was made popular by the plague, then someone thought I should be used as a computer device, and just when I was about to rest, I am an acronym for events and conferences” ● Is it Meetings, Incentives, Conferences, and Events or Meetings, Incentives, Conventions, and Events? ● Is it a type of tourism? (Since it involves the advanced planning of bringing together large groups of people to a place for a particular purpose, usually through an act of bidding and location marketing).
  • 3. MICE challenges in Nigeria Challenges for MICE in Nigeria - Perception is Reality ● International Security warnings (Don’t go there) ● Inadequate hotel rooms (How many hotel rooms?) ● Inadequate Conference Infrastructure (Not many Convention Centers) ● Inadequate Transport Infrastructure (Which Airports?) ● Low level of publicity and marketing. (Who, Where, What?) ● Lack of MICE companies and MICE (Is this an opportunity for me?)
  • 4. MICE key drivers in Nigeria: large scale economy ● Largest economy in Africa: GDP was $405 billion in 2016 (World Bank) ● Amongst top 10 most populated countries in the world: 198 million inhabitants in early 2018 ● Wide range of industries represented in the country; this translates into: ○ a huge number of meetings and events taking place for all these sectors ○ Growing travel hospitality industry Top GDP performers, Africa 2015 Nigeria 481 Egypt 333 South Africa 318 Source: World Bank
  • 5. MICE key drivers in Nigeria: large scale economy Source: Nigeria Enabling Business Environment Secretariat
  • 6. MICE key drivers in Nigeria: large scale economy Source: Nigeria Enabling Business Environment Secretariat
  • 7. MICE key drivers in Nigeria: large scale economy Source: Nigeria Enabling Business Environment Secretariat
  • 8. MICE key drivers in Nigeria: large scale economy Source: Nigeria Enabling Business Environment Secretariat
  • 9. MICE key drivers in Nigeria: new segments ● Events around traditional industries usually associated with Nigeria such as petroleum and other natural resources but new segments emerge and/or become better structured, impacting positively on MICE ○ Entertainment (cinema, broadcasting, music) ○ Advertising ○ Fashion ○ Sports ● Nigeria is an African microcosm attracting investors from all around the globe who can afford to sustain the MICE sector
  • 10. MICE key drivers in Nigeria: new segments According to Fortune magazine: ● In 2009, Nollywood had surpassed Hollywood as the world’s second largest movie industry by volume, right behind India’s Bollywood… ● In 2014, the Nigerian government released data for the first time showing Nollywood is a $3.3 billion sector, with 1844 movies produced in 2013 alone.
  • 11. MICE key drivers in Nigeria: booming ICT market ● Connectivity and broadband access are key to the hospitality and the MICE ● The Nigerian broadband market is booming and broadband connections are essentially via mobile networks (3G, 4G) ● The ICT segment is not only an enabler of MICE activities but also a source of MICE as there are a large number of ICT events in Nigeria. ● The ICT related MICE activities grow at the same pace as the market and also as a result of segmentation within the ICT market. We moved from talking about basic phone calls to broadband connectivity, cloud, IoT
  • 12. Abuja Chamber of Commerce and MICE ● Founded in 1986, the Abuja Chamber of commerce has formed alliances with business leaders, trade associations, sister chambers, government agencies, & foreign embassies to accomplish its goals of enhancing the sustainable growth and development of businesses in the Federal Capital Territory (FCT) of Abuja ● The strategic location of Abuja as well as on-going large-scale development activities makes it a fertile ground for investment. ● The development of Abuja constitutes an economic resource, demand for services and infrastructural facilities
  • 13. Abuja Chamber of Commerce and MICE BEST Centre Secretariat ADR Centre Abuja Trade & Convention Centre Policy advocacy centre
  • 14. Abuja Chamber of Commerce and MICE Business Entrepreneurship, Skills, and Technology (BEST) Centre ● The ACCI BEST was founded for capacity development of the business community through various activities. ● These will help businesses and proprietors improve on the operation of their businesses. ● In line with this, the Abuja Chamber of Commerce and Industry (ACCI) established the Business Entrepreneurship, Skills, and Technology (BEST) Centre to run training programs and activities for capacity development.
  • 15. Abuja Chamber of Commerce and MICE ● BEST Centre organises meetings, conferences, events and trainings ● Partnership with 3rd parties
  • 16. Abuja Chamber of Commerce and MICE Abuja Trade and Convention ● Centre to run training programs and activities for capacity development.
  • 17. Significance of South African involvement ● South African stakeholders have over the past 10-15 years been key investors in Nigeria ● A win-win situation where South Africans get access to volumes and Nigerians to expertise. ● According to the South African High Commission to Nigeria, the volume of trade between Nigeria and South Africa rose to NGN1.3 trillion (ZAR62 billion) in 2015. ● All these companies are directly or indirectly fuelling MICE activities through organising or sponsoring them
  • 18. Significance of South African involvement Success stories: ICT ● MTN dominates the nigerian ICT market, generating ZAR52 billion and ZAR32 billion in revenues and EBITDA respectively.
  • 19. Significance of South African involvement Success stories: Retail ● Shoprite Source: Shoprite investors relations, 26 weeks to December 2017
  • 20. Significance of South African involvement Success stories: broadcast ● Multichoice has a strong market share in the pay-TV segment on the back of premium content such as the English Premier league
  • 21. Significance of South African involvement Success stories: broadcast ● Multichoice sister company M-Net gambled on local content and records large audience on its “Africa Magic” branded channels. Key content includes Big Brother Naija, which attracted over 170 million SMS votes estimated at NGN5.1 billion (ZAR185 million) ● M-Net and Mulltichoice are also involved in MICE through the Africa Magic Viewers Choice Awards