Nigeria is located in Western Africa with a total land area of 923,768 square kilometers. It has a population of 182.2 million people and its official language is English. Nigeria has the largest economy in Africa, with a GDP of $485 billion and per capita GDP of $2,640. Petroleum represents 13% of GDP and is Nigeria's largest export. CFAO Equipment Nigeria sells and services JCB equipment. It has a general manager, 3 salesmen in Lagos, 2 in Abuja and the north, and 1 in Port Harcourt. Sales results from April 2016 showed a market share of 17.9%, up from 6.1% in April 2015, representing a 140

1. Business Update –
Nigeria

2. Business Update – Nigeria’s Map
• Federal Republic
36 States
Located in Western Africa with a total land area of
923 768 km2
Official language: English
182,202,000 millions of people
• 1st Economy in Africa
GDP 485 millions GDP per person 2640$
Petroleum (1st in Africa) represents 13% of
GDP, 90% of revenues, 95% of exports,
Semi-diversified economy, service account for
52% of GDP, Agribusiness, trade and
distribution, construction
Growing industries: power generation and
distribution, banking sector

3. CFAO Equipment Nigeria Organisation
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CFAO Equipment GM : Fabrice Claire
JCB Commercial Manager: Ayotunde Abiodun
3 dedicated salesmen in Lagos Area
2 dedicated salesmen in Abuja and north area
1 dedicated salesmen in Port Harcourt area
Dedicated service and parts team

4. YTD April 2016 vs 2015 sales results
Market Share 2016: 17,9 %
Market : 67
JCB retail: 12
Market Share 2015: 6,1%
Market : 82
JCB retail: 5
Market share has tripled (+140%) from April 2015 to 2016 excellent performance due to
both CFAO retails, and Leventis JCB destocking.