Turner & Townsend in Nigeria
Nigeria is ranked 131 among 190 economies on the ease of doing business according to the latest World Bank annual ratings. While it is an investment destination of choice for the forward-thinking investor, the region does not come without challenges
With over 180 million inhabitants, Nigeria is the most populous country in Africa. Its economy is also the strongest.
The petroleum sector alone accounts for over 70 percent of the country’s total export earnings. This sector receives a lot of interest from investors of offshore, onshore and inland basins, infield developments and developments in critical downstream facilities, such as pipelines, depots and refineries.
Real estate is also showing significant growth opportunities owing to urbanisation, a rising middle class and the country’s high population. This presents a huge opportunity for private investments in the sector, as well as public-private partnerships to drive low income residential properties, commercial office developments and data centres.
Successful investment in any market requires strong local expertise and on-the-ground planning. Organisations planning a capital programme here must understand and adapt to Nigeria’s exceptional and unique challenges to access its opportunities. We are well-positioned to support clients in this country.
Making the difference in Nigeria
Having operated in Nigeria and West Africa for many years, we opened our Nigeria office in 2019 to further support our clients and build stronger relationships.
The team on the ground has significant experience in real estate, infrastructure and natural resources, as well as a deep understanding of the requirements to successfully deliver projects in Nigeria. Beyond traditional quantity surveying and cost management services, we offer major programme set-up, project management, project controls, assurance, project risk management, procurement and contract services and advisory services.