SWOT Analysis of Nigerian Business Environment

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 medium-sized enterprises (SMEs) in the Nigerian economy. The goals is to support growth and accelerate the internationalization of small and medium-sized Finnish renewable energy companies within developing countries and to determine how they can achieve market entry in the renewable energy resource business in Nigeria.
There is great demand for electricity in the country due to its high consumption, and this thesis will study the demand for renewable energy resources in Nigeria, identify the main competitors and discover the best periods for market entry in Nigeria.
A qualitative method of analysis was used in this thesis project, and a questionnaire survey was sent to three energy organizations in Nigeria. These included the International Centre for
Energy, Environment & Development; the Energy Commission of Nigeria (ECN); and the Council for Renewable Energy in Nigeria.
The investigation of this thesis project provides information needed to establish renewable energy in rural and urban areas in Nigeria. The Nigerian government is encouraging energy companies to invest in the country and special energy policies for foreign investors have been organized, such as a tax reduction plan for energy investors, and the

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