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Overview

Nigeria is a middle-income, mixed economy and emerging market, with expanding manufacturing, financial, service, communications, technology and entertainment sectors. An agency or organization should be able to meet their programme support needs in terms of equipment and expertise by procurement on the local market. Generally international brands or comparable alternatives are available at realistic prices.

For more information on company contact details, please see the following link: 4.11 Nigeria Additional Services Contact List

Accommodation

The housing market is generally well developed in major urban areas with a large selection of hotels, apartments and guest houses. Levels of security and standard vary widely however, and security clearance from local agencies should be sought for staff accommodation. Whilst Nigerian cities are well able to support any, or a large influx of demand, outlying and rural areas may require the setting up of humanitarian accommodation hubs to provide minimum standards of all criteria required by agencies.

Electricity and Power

Electricity generation in Nigeria is characterised by excess capacity and inadequate supply. It has been observed that peak demand is often about one-third of installed capacity because of the non-availability of spare parts and poor maintenance. Voltage is 240 V.

Nigeria’s transmission network consists of high voltage substations and over 20,000km of transmission lines. Currently, transmission wheeling capacity is far below the total installed generation capacity of 12,522 MW. In recent times, power supply across the country has gone to a little above 2,000 MW amid reports of damaged gas pipelines and comatose power stations.

The entire infrastructure is essentially radial, without redundancies thus creating inherent reliability issues. At an average of approx. 7.4%, the transmission losses across the network are high compared to emerging countries’ benchmarks of 2-6%. Frequent system collapses (as at May, Nigeria’s power grid had collapsed six times in 2019) reflect the critical infrastructure and operational challenges in the transmission subsector of the industry.

There is widespread private provision of electricity by plants set up by a person, association or a company to generate electricity primarily for their own use usually referred to as ‘captive power supply’. Captive electric power supply has been a response to irregular public power generation and transmission.

Nigerian Electricity Regulatory Commission (NERC) is an independent regulatory body with authority for the regulation of the electric power industry in Nigeria.

All generation and distribution companies have been privatised with the Federal Government retaining the ownership of the transmission company, the Transmission company of Nigeria (TCN).

There are

  • 6  power generation companies
  • 11 power distribution companies
  • 1  transmission company

There are presently 23 grid connected generating plants supplying power in the country.

Due to the difficulty of obtaining recent data, the information in the table below is somewhat dated and may not be accurate, however the amount of electricity that can be generated is largely academic, because as mentioned above, the limiting factor with power supply in Nigeria is not with generation but rather with failing transmission infrastructure that cannot cope with demand.

Electricity and Power Summary Table

Production Unit

Type (Hydroelectric, Thermal, etc.)

Installed Capacity (MW)

Current Production (MW)

Mabon Limited (29,Sanusi Fafunwa Street VI, Lagos

Generation on-grid39MW (Hydro)

39 MW (Hydro) at Dadin Kowa, Gombe State

Below capacity

Geometric Power Ltd. (No.8 Mary Slessor, Asokoro, Abuja

Embedded Generation

140 MW at Aba, Abia State

Below capacity

Anita Energy Limited (9, Lingu Crescent, Wuse II, Abuja, FCT

Generation on-grid, 90 MW at Agbara, Lagos State

90 MW at Agbara, Lagos State

Below capacity

First Independent Power Co. Ltd (6A,abana St,Old GRA, PH, Rivers State)

Generation on-grid

95 MV AT Eleme, Rivers State

Below capacity

Ibafo Power Station ltd. (RADMED Bldg, Plt 1E Ligali Ayorinde Street VI, Lagos

Generation on-grid

200 MV at Warawa, Ogun state

Below capacity

Shell Petroleum Development Co. Ltd

Generation on-grid

642 MVA (Afam VI) at Afam, Rivers State

Below capacity

Kaduna Electricity Distribution (Nagwanatse Building, Ahmadu Bello Way, PMB 2268, Kaduna, Kaduna State)

Distribution in Kaduna, Sokoto, Kebbi and Zamfara States



Enugu Electricity Distribution Co. Plc. (12, Station Rd, off Okpara, Enugu, Enugu State

Distribution in Enugu, Abia,Imo, Anambra and Ebony States



Benin Electricity Distribution Co. Plc. (5,Akpakpava St, PMB 1036, Benin City, Edo State

Distribution in Edo, Delta, Ondo and Ekiti states



Abuja Electricity Distribution Company plc. (Loma-Mansa St. Wuse Zone 4, Abuja, FCT

Distribution in Oyo,Ogun,Osun and Kwara States.



Financial Services

There are over 25 banking institutions in Nigeria regulated by the Central Bank Of Nigeria (CBN), which serves as the country’s central monetary authority. CBN oversees the operations of financial institutions and banks in Nigeria, helping ensure high banking standards and financial stability in the industry, as well as promoting an efficient payment system. An organization can also expect to find other economic services, such as recognized multinational accountancy companies, in Nigeria.

Zenith Bank

Incorporated in 1990. In 2004 it became a public limited liability company and subsequently listed on the Nigerian Stock Exchange.

The bank currently serves more than 1.6 million customers and employs about 7,000 staff. It operates through a network of over 500 branches, as well as subsidiaries and representative offices in Ghana, Gambia, South Africa, Sierra Leone, the United Kingdom, China, and UAE (Dubai).

Company Overview

Company Name

Zenith Bank

Address

Plot 84, Ajose Adeogun Street, Victoria Island, Lagos. Nigeria

www.zenithbank.com + 234-1-2787000

 

Available?

Comments (max / min transfer or exchange amounts, etc.)

Has IBAN, BIC, or SWIFT number?

Yes

https://www.zenithbank.com/corporate-banking/swift

Provides currency exchange?

Yes


Will initiate / receive wire transfers?

Yes

 

Provides Loan / Credit services?

Yes


Other Comments or Key Information


Other Locations

Region(s)

Service Location(s)

All 36 States

Over 500 branches and Offices throughout Nigeria

First Bank of Nigeria

Established in 1894, FirstBank became a public company in 1970 and joined the Nigerian Stock Exchange in 1971.

The bank has subsidiaries in West African countries and the UK, as well as representative offices in Abu Dhabi, Beijing, and Johannesburg. It employs more than 7,000 staff and oversees a network of around 760 branches and over 2,600 ATMs. It maintains the largest branch network in Nigeria.

Company Overview

Company Name

First Bank of Nigeria (FBN)

Address

Samual Asabia House, 35 Marina Lagos, Nigeria

www.firstbanknigeria.com +234 1 4485500

 

Available?

Comments

(max / min transfer or exchange amounts, etc.)

Has IBAN, BIC, or SWIFT number?

Yes

Swift code: FBINGLA

Provides currency exchange?

Yes


Will initiate / receive wire transfers?

Yes

 

Provides Loan / Credit services?

Yes


Other Comments or Key Information


Other Locations

Region(s)

Service Location(s)

All 36 States

Over 760 branches and over 2,600 ATM,s

United Bank for Africa

Founded in 1949 as the British and French Bank Limited (BFB), United Bank for Africa is one of the oldest banks in Nigeria. In 1970, it held an IPO, becoming the first Nigerian bank to list its shares on the Nigerian Stock Exchange.

United Bank employs about 12,500 staff and serves more than 14 million customers around the world.

It operates in 19 African countries.

Company Overview

Company Name

United Bank for Africa

Address

UBA House 57 Marina. P O Box 2406 Lagos, Nigeria

www.ubagroup.com +234 7002255822

 

Available?

Comments (max / min transfer or exchange amounts, etc.)

Has IBAN, BIC, or SWIFT number?

Yes

Swift code: UNAFNGLA

Provides currency exchange?

Yes


Will initiate / receive wire transfers?

Yes

 

Provides Loan / Credit services?

Yes


Other Comments or Key Information


Other Locations

Region(s)

Service Location(s)

Operates in all States

428 branches Nationwide

Clearing and Forwarding Agents

There are many multinational Clearing and Forwarding agent companies available in Nigeria with offices in the port centres and Abuja. They can facilitate international and national freight movements and customs transactions. They operate to international standards of professionalism and reliability.

Freight handling equipment is readily available for purchase, rent or lease from recognised dealers that will maintain the equipment as part of the package. There are agents for handling equipment in all port and major commercial centres. Pallets are readily available.

Postal and Courier Services

The Nigerian Postal Service (Nipost) is the Hub for the West African Sub-region. By this status, all international mail from UPU member countries for the region are routed through Nigeria.

In addition to incoming international mail/outgoing international mail services, other services include mobile money (Nipost serves as cash-in and cash-out outlets), post office boxes, private mail bag, bulk post/hybrid mail (large volume mailings) and pick-up collection and delivery service.

Service delivery times are 24 hours-intracity, 48 hours-intercity and 72 hours nationwide. 

In addition to many Nigerian courier post and parcel companies, international courier companies DHL, FedEx and UPS are present, easily accessible in Nigeria and operate to expected standards of reliability for national and international document and parcel pick-up and delivery.

Printing and Publishing

There are over 100 book publishers in Nigeria, with Ibadan and Lagos as major publishing centres.

Commercial services for printing a wide range of items such as corporate printing, brochures, journals, magazines, event prints, posters, flyers, roll-up banners, labels. stickers etc. are readily available in Nigeria’s commercial centres operating to international standards.

Taxi Companies

There are multiple taxi companies in all key cities in addition to e-hailing-mobile app options (there are over 14,000 e-hailing drivers in Lagos alone). Reliability and security varies widely and it is best to check with local security briefs for up to date recommendations on which companies are reputable.

Vehicle Rental

Rental vehicles are readily available, and an organisation can reasonably expect to meet their initial needs through renting. International franchises Avis and Hertz are both represented in Nigeria in addition to other reputable companies with established business records.

Waste Management and Disposal Services

There are many and adequate Nigerian laws to regulate waste management, however these are not all yet enforced, hence of the more than 32 million tons of solid waste generated annually, only 20-30% is collected. Generally improper waste disposal and lack of reliable transport infrastructure means that collected wastes are most often dispersed to other localities. Only a few states have taken proactive steps in the waste sector.

Waste management and disposal is undertaken by a mix of Government and Federal agencies and private operators.

Recycling is generally performed by private contractors on a cash recovery basis.

WASTE DISPOSAL-NON-HAZARDOUS

As per the narrative above, generally improper waste disposal and lack of reliable transport infrastructure means that collected wastes are often dispersed to unregulated and inappropriate localities. Existing landfills are often not adequately managed and inaccessible, particularly during rainy season when many are closed down.

WASTE DISPOSAL-HAZARDOUS

Waste management Regulations of 5.1.15 of 1991 regulates the collection, treatment and disposal of solid and all forms of hazardous wastes from municipal and industrial sources and gives the comprehensive list of chemical and chemical wastes by toxicity categories.

Section 11 subsection (1) states that the collection, treatment, transportation and final disposal of waste shall be the responsibility of the industry or facility generating the waste

For a compilation of Institutions & Waste Management Regulations in Nigeria go to the following link: http://www.elri-ng.org/Institutions,%20Laws%20&%20Regulations%20on%20Waste%20Management%20in%20Nigeria.doc

While there are laws and statutes in place governing the disposal of hazardous waste, waste electrical and electronic equipment (WEEE) and other hazardous waste, collection in Nigeria is not organised; there are no collection centres and most times, they are dumped along with other wastes.  Currently, treatment/recycling is carried out by the informal sector with little knowledge of the environmental and health effects of improper hazardous waste management.


Disclaimer: Inclusion of company information in the LCA does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.

Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider.