1 / 11

South-South Study Visit Singapore, June 21-27,2009

South-South Study Visit Singapore, June 21-27,2009. Nigeria Country Presentation June 26, 2009. About Nigeria. A population of 140 Million (based on 2006 census) – Africas’ most populous nation Federal System of Government; 36 +1 States

leonard
Download Presentation

South-South Study Visit Singapore, June 21-27,2009

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. South-South Study VisitSingapore, June 21-27,2009 Nigeria Country Presentation June 26, 2009 SS-SV Singapore: Nigeria Presentation June 21-27, 2009

  2. About Nigeria • A population of 140 Million (based on 2006 census) – Africas’ most populous nation • Federal System of Government; 36 +1 States • 7th largest oil exporter in the world; endowed with other natural resources like coal, iron-ore and bitumen • GDP of US$294.8 (as of 1st Apri, 2007) • Oil accounts for 20% of GDP, 95% of foreign exchange and 65% of budgetary revenue • 70% of working population servicing the agricultural sector, 10% servicing the industrial sector and 20% servicing the services sector • 160,000 students graduate from higher institution annually and 20% of that number are science and technical graduates SS-SV Singapore: Nigeria Presentation June 21-27, 2009

  3. Key Activities & Goals • Infrastructure development in areas of identified Economic Growth • Development of Human Capital to address Skills & Knowledge Gaps to support these areas • In partnership with the Private Sector • Strong focus on Vocational & Technical Education • Institutes of Excellence • Benchmark against the best! SS-SV Singapore: Nigeria Presentation June 21-27, 2009

  4. Identified Areas • IT/ITES • Business Process Outsourcing • e-Government • Nollywood & Animation • Software Skills Development • Pervasive Information Infrastructure • Power Engineering and Services • Technician Training • Alternative energy • Port Development and Administration • Mass Education • Food Security • Land Tenure • Mechanised Agricultural System • Oil & Gas • Strengthening Local Content • Downstream, Midstream, Upstream • Good Governance SS-SV Singapore: Nigeria Presentation June 21-27, 2009

  5. Challenge=Opportunity! • Take advantage of ongoing and planned investment in key areas • Government investments in Power, Oil & Gas, Infrastructure and IT/ITES • e-Government & Good Governance initiatives • Private sector investment in IT/ITES • World Bank efforts in Skills development, IT/ITES, Tourism and Nollywood • Leapfrog! • Take advantage of new technologies • Learn from the best! SS-SV Singapore: Nigeria Presentation June 21-27, 2009

  6. Challenge=Opportunity! • Power Deficient • Huge energy potential • Oil & Gas Industry • Gulf of Guinea opportunities • Port Development • About 1,000km of coastal stretch • Huge potential for ports and harbours • Food Security • Massive fertile and untapped land mass • Less than 50% of arable land is currently cultivated, e.g. Kwara State, only 11% SS-SV Singapore: Nigeria Presentation June 21-27, 2009

  7. Policies & Actions • General Policy • Strengthen the regulatory framework and governance to strengthen transparency, openness and efficiency • Create an enabling environment to attract FDI • Specific Policy Initiatives • Strengthen Technical & Vocational Education with Private Sector collaboration • Targeted De-regulation (for example, Power) • Industry Association advocacy SS-SV Singapore: Nigeria Presentation June 21-27, 2009

  8. Implementation Strategy SS-SV Singapore: Nigeria Presentation June 21-27, 2009

  9. Actionable Items • Urban Development & Fiscal Planning • 20 trainees from Lagos in Singapore on Monday • Capacity Building • Rectors of Polytechnics will carry out a study tour of South Asian countries with particular emphasis to Singapore (STEP-B) • TA from WB to support IT Infrastructure development for education SS-SV Singapore: Nigeria Presentation June 21-27, 2009

  10. Actionable Items • Industry Association Support • ODIN (Outsourcing Development Initiative of Nigeria); support for the Nigerian BPO Industry • Support for1st National Outsourcing Conference: World Bank SS-SV Singapore: Nigeria Presentation June 21-27, 2009

  11. Thank You! SS-SV Singapore: Nigeria Presentation June 21-27, 2009

More Related