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SWOT Analysis of Nigerian Business Environment

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Renewable Energy Market Analysis in Nigeria
Daramola, Oladipo
2012 Leppävaara
Laurea University of Applied Sciences
Laurea Leppävaara
Renewable Energy Market Analysis in Nigeria
Daramola Oladipo
Degree Programme in Business Information Technology
Bachelor’s Thesis
December, 2012
Laurea University of Applied Sciences Abstract
Laurea Leppävaara
Bachelor’s Degree Programme in Business Information Technology
Daramola, Oladipo
Renewable Energy Market Analysis in Nigeria
Year 2012 Pages 110
This thesis project research was conducted as part of the CONNECT project at Laurea University of Applied Sciences. The project concerns the investigation of the current renewable energy market entry and opportunities for Finnish small and …show more content…

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2.1.10Role of NGOs and community initiatives ..................................... 18
2.1.11Relationship between Nigeria and Finland .................................. 19
2.2 Economic factors ......................................................................... 22
2.2.1 Economic stability ................................................................ 22
2.2.2 GDP Value and Growth .......................................................... 23
2.2.3 Employment ....................................................................... 27
2.2.4 Inflation Rate ..................................................................... 29
2.2.5 Current account structure ...................................................... 29
2.2.6 Labor Force ........................................................................ 31
2.2.7 Exchange rate ..................................................................... 32
2.2.8 Division of income ................................................................ 33
2.3 Socio cultural factors .................................................................... 35
2.3.1 Population demographics ....................................................... 35
2.3.2 Geographical Division and Growth Centers .................................. 37
2.3.3 Society structure and social Group ............................................ 37
2.3.4 General Culture in Nigeria ...................................................... 38

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