Nigeria Infrastructure Report Q2 2013 - New Market Report
Investment continues to flow into the Nigerian construction sector. This is reflected in the recently announced 6.5% GDP growth over 2012, a political agenda of economic reforms, and the continued unbundling and privatisation of the state-run Power Holding Company of Nigeria (PHCN). Thus, in line with our forecasts, Nigeria continues to see strong growth within its construction sector and we anticipate an annual average real growth of 7.0% between 2013 and 2017. However, we also continue to highlight the persistent...
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