1. PARTNERSHIP OPPORTUNITIES IN THE
NIGERIA OIL & GAS INDUSTRY
SUBSEA EXPO 2014
BY
IDOWU BABALOLA
SENIOR TRADE DEVELOPMENT MANAGER
UK TRADE & INVESTMENT
NIGERIA
February 2014
UNCLASSIFIED

2. NIGERIA : GEOGRAPHY
UNCLASSIFIED

3. NIGERIA: FACTS
• A MINT country (Mexico, Indonesia, Nigeria, Turkey)
• Estimated 30th
Economy in the world in 2012 based on GDP
(PPP)
• Nigeria aims to be the biggest economy in Africa, and among the
Top 20 in the world by 2020
• From 2011-2015 Nigeria is the 10th fastest growing economy at
an average of 7%
• Population estimated at over 170 million and 2.3% growth rate
(World Bank, 2011)
 0-14 years: 41.5%
 15-64 years: 55.5%
 65 years and over: 3.1%
• Population predicted to be 225 million by 2030
(Source: Next Generation Report, British Council/Harvard School of Public Health)
UNCLASSIFIED

4. INVESTMENT OPPORTUNITIES
UNCLASSIFIED
Oil & Gas
Agriculture
Energy
Aquaculture
Infrastructure
Commerce
Transport
Tourism
Construction
Education
Healthcare
SOKOTO
ZAMFARA Kano
KASTINA
JIGAWA
YOBE
BORNO
KEBBI
Niger
KADUNA
BAUCHI
Gombe
ADAMAWA
Plateau
ABUJA
KWARA
OYO
Kogi
NASARAWA
TARABA
BENUEEKITI
OSUN
Ogun
Ondo Edo
Enugu
EbonyiAnambra Cross River
AbiaImoDelta
Bayelsa Rivers Akwa-Ibom
Lagos

5. PARTNERSHIP OPPORTUNITIES
UNCLASSIFIED
IOC’S DIVESTMENT PROGRAMME FROM ON-SHORE ASSETS

6. PARTNERSHIP OPPORTUNITIES
UNCLASSIFIED
LOCAL CONTENT
DEVELOPMENT
&
MARGINAL FIELDS BID
ROUND OF 2013/2014
IOC’S DIVESTMENT
PROGRAMME FROM ON-
SHORE ASSETS
IOC’S MULTI-BILLION
DOLLAR OFF-SHORE
PROJECTS
• The Nigeria Local Content Development Act, 2010 effectively
working in the industry
• 31 Marginal fields for sale. 16 located onshore, while 15 are in the
continental shelf. The bidding process started: Dec 12, 2013, and in
6 stages.

7. UKTI SERVICES TO UK COMPANIES

8. SERVICES TO NIGERIAN COMPANIES

9. UKTI SERVICES
• Market, sector advice
• Identification of possible business partners
• Market entry support
• Market Visit Support
• Export Marketing Research Scheme;
• Programme Arrangement Service
Through our Overseas Market Introduction Service (OMIS)
• Through the ITA at the regional UKTI office in UK region,
please visit http://uktilocaloffice.thedriveris.com/ , or call
the UKTI enquiry line on 020 7215 8000 .
• Through the UKTI overseas team, in Nigeria: E mail:
Commercial.Lagos@fco.gov.uk or call +234 1 2770780-2
UNCLASSIFIED

10. UNCLASSIFIED