Nigeria has experienced significant economic growth in recent years due to rising oil prices and economic restructuring. It has the largest economy in West Africa and the third largest in Africa, with GDP growth expected to be 10% in 2011. Nigeria's economy depends heavily on oil production and exports, which account for 80% of GDP and over 90% of exports. However, other sectors like telecommunications, financial services, manufacturing, and construction have also grown substantially. Nigeria now aims to maximize its natural resource potential and develop necessary infrastructure to become a leading global economy.

1. Change Management &
Finance Transformation

2. Nigeria Emerges
Nigeria is one of the world’s fastest growing
emerging markets and it has achieved significant
growth in recent years. This is in part due to rising
oil prices and the restructuring of the economy
which is expected to grow by 10% in 2011 as the
government builds new infrastructure and
privatises the energy sector.
In 2010 the country was ranked 31st in the world in
terms of GDP and its manufacturing sector is the
second-largest on the African continent. It is the
largest economy in the West Africa region, 3rd
largest in Africa (behind South Africa and Egypt)
and is on track to becoming one of the top 30
A Changing World
economies in the world in 2011.
The world is changing at an ever increasing
pace and Emerging Markets have been thrust
Nigeria produces about 3.3% of the world's oil
to the forefront of the world economy as their
supply and is ranked 12th in production at 3
large populations and abundant natural
million barrels per day and the industry accounts
resources have generated significant wealth.
for almost 80% of GDP and above 90% of total
exports. Rising oil prices have benefitted the
In contrast, since 2007 the mature economies
Nigerian economy whilst the Financial Services,
of the West have been weighed down by high
Telecoms and Construction sectors have also
levels of personal and public debt and
grown significantly. Significant gas deposits are also
economic growth has slowed down
now being exploited and are expected to be a major
significantly. Nigeria now faces the challenge
revenue source during the new decade.
of maximising the potential of its natural
resources and developing the necessary
infrastructure to allow it to become a leading
economic power.
Millennium Consulting www.millenniumconsulting.co.uk

3. Market Sectors
• Oil & Gas
• Telecommunications
• Financial Services
• Manufacturing
• Construction
Our Team
Our carefully selected team of Change
Management Consultants, fully understand the
practicalities associated with introducing
Millennium Consulting
corporate change programmes. They provide
Millennium Consulting is a Change exceptional project and programme
Management firm that works with management capabilities whilst our Subject
international clients introducing change to Matter Experts have the skills needed to
improve corporate performance. We have ensure project success.
undertaken change projects in every part of the
world and are well placed to work with Summary
indigenous and international organisations
Millennium Consulting understands the
developing market potential in Nigeria .
problems clients face in today’s challenging
world. We have over 16 years experience
Transformation/Change
working with clients introducing change. We
• Organisational transformation
establish close partnerships with clients and
• M&A Integration
work in a collaborative manner to ensure we
• Start up advice deliver the solutions they require.
• IT Transformation
• Strategic systems advice
• ERP deployment
• Internet enablement
• Business Intelligence
Millennium Consulting www.millenniumconsulting.co.uk

4. David Howe
Millennium Consulting
4 Emmanuel Adebayo Close
Off Alabi Baderinwa Street
Lekki Phase 1
Victoria Island Lagos
Nigeria
+234 703 9647255
+234 812 7723455
david.howe@millenniumconsulting.co.uk
www.millenniumconsulting.co.uk