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Corporate
Change Management
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 +44 (0) 845 604 4262                 www.millenniumconsulting.co.uk
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 abilities whilst our Subject Matter
international clients introducing change to        Experts have the necessary level of experience
improve corporate performance. We have             to 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 +44 (0) 845 604 4262            www.millenniumconsulting.co.uk
David Howe
          Millennium Consulting
        4 Emmanuel Adebayo Close
         Off Alabi Baderinwa Street
                Lekki Phase 1
            Victoria Island Lagos
                   Nigeria
             +234 703 9647255
             +234 705 6163935
  david.howe@millenniumconsulting.co.uk

www.millenniumconsulting.co.uk

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Millennium Consulting2

  • 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 +44 (0) 845 604 4262 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 abilities whilst our Subject Matter international clients introducing change to Experts have the necessary level of experience improve corporate performance. We have to 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 +44 (0) 845 604 4262 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 +234 705 6163935 david.howe@millenniumconsulting.co.uk www.millenniumconsulting.co.uk