Sustainability: Nigeria

September 2021

Nigeria ranks at the bottom of the Environmental Sustainability Index, as the country lacks essential resources such as renewable water and food. In addition, despite being the largest regional energy exporter, Nigeria continues to experience insufficient access to electricity and non-solid fuels. Weaker electricity supply implies low pollution levels that elevate the overall performance, while other factors such as deforestation continue to pressure Nigeria’s biodiversity indicators.

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Overview:

The Country Briefings series examine market potential, economic and consumer trends impacting each country and how they are set to change.

Each Country Briefing covers one of these topics:

Economy, Finance and Trade: Understanding the structure, health and potential risks of an economy are important for decision-making within an existing operating environment as well as for expansion strategies. Real GDP growth, inflation and exchange rate fluctuations will directly impact consumer market potential. Import and export trade profiles help gauge how open an economy is to trade and investment, while analysis of government finances can be used to explore macroeconomic stability and susceptibility to economic shocks.

Income and Expenditure: Insights into income, wealth and expenditure of consumers are vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which products or services to market, and at which price point. Other factors such as the size and expansion of the middle class and income inequality are also important in helping companies gauge the potential of a country market.

Households: Global shifts in gender, ageing, migration and housing are transforming the size, location,  general make-up as well as income and expenditure of households around the globe, with diverse implications for governments and companies. Households insights can help identify the decision-making processes and consumption tastes of different household groups and types within a country, and assess household appliance and digital readiness that is key for formulating market technology and internet strategies.

Business Dynamics: A stable and competitive business environment is vital to operate efficiently and attract inward investment. Businesses can assess these factors alongside challenges such as corruption, political instability and terrorism, also gain insight into business operating environment and make strategic investment decisions. Transport infrastructure, ICT readiness and labour force dynamics will also identify potential issues with a supply chain and the level of workforce skills.

Sustainability: Insights on key sectors directly related to the environmental sustainability of a country such as energy, water, pollution, environmental resilience, forest and biodiversity and food and agriculture help businesses to make strategic decisions in relation to environmental and sustainability trends, improve brand reputation and ensure long-term operations while ultimately growing the bottom line.

The briefings cover 103 countries and identify topics of crucial interest to planners, marketers and researchers.

Sustainability: Nigeria

HEADLINES

PROSPECTS

Large-scale renewable energy project as a COVID-19 relief measure
Poor waste management practices further hamper Nigeria’s pollution stance
Growing global concern for ethical supply could intensify trade restrictions on unsustainable products
Universal access to water and sanitation objective attracts international funding
Terrorist activity to aggravate malnutrition in the northeast of Nigeria
Rising water levels threaten Nigeria’s coastal regions

ENVIRONMENTAL SUSTAINABILITY INDEX

Chart 1 Environmental Sustainability Index: Nigeria Chart 2 Global Sustainability Ranking: Nigeria Chart 3 Energy Ranking: Nigeria Chart 4 Energy Availability Landscape: Nigeria Chart 5 Energy Efficiency, Security and Equity Landscape: Nigeria Chart 6 Pollution Ranking: Nigeria Chart 7 Air Pollution: Nigeria Chart 8 Waste and Water Pollution Landscape: Nigeria Chart 9 Forest and Biodiversity Ranking: Nigeria Chart 10 Forest and Biodiversity Landscape: Nigeria Chart 11 Water Ranking: Nigeria Chart 12 Water Availability, Equity and Security Landscape: Nigeria Chart 13 Water Security and Efficiency Landscape: Nigeria Chart 14 Food and Agriculture Ranking: Nigeria Chart 15 Food and Agriculture Landscape: Nigeria Chart 16 Role of Agriculture in the Economy: Nigeria Chart 17 Environmental Resilience Ranking: Nigeria Chart 18 Environmental Resilience Landscape: Nigeria
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