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Industry report

Nigeria Construction Project Market Report


This industry report was brought to you by ABIQ in partnership with The Big 5 Construct Nigeria. Click here to view the full report.

Committed to supporting the growth of the African economy, ABiQ tracks business opportunities and supply chain activities in African markets, delivering trusted, credible access and transparency for  global foreign investment.

Executive summary:

Nigeria is a member of the African Continental Free Trade Area (ACFTA). Through this agreement, the country hopes to boost manufacturing output and create jobs (Brookings). With a total working population of 62 - 90 million, Nigeria has a relatively high unemployment rate of 27% and a poverty rate of 40% (AfDB). The Nigerian economy still faces the following challenges: weak consumer demand, falling crude oil prices, corruption, policy uncertainties and high debt service (AfDB, World Bank). Businesses also face challenges such as access to electricity, registration of assets, crossborder trade and resolving insolvency issues (World Bank).

Report highlights:

Government overview and country vision   |  Economic growth drivers, potential, opportunities, and challenges   |   Trade agreements and policies

Top projects in Nigeria’s construction   |   Top developers in Nigeria’s construction

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