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Investor Presentaiton

1 Nigeria currently spends USD 9-10 billion p.a. on infrastructure Social Infrastructure Vital Registration & Security Housing & Regional Development Energy Agriculture, Water& Mining Transport ICT Nigeria total infrastructure spend 9-10 USD billions 0.3 0.2 0.4 (3%) (2%) 7-8 (5%) 7-8 0.3 0.2 1.8 0.2 0.2 (3%) 0.4 = (3%) 0.4 (2%) (3%) (19%) (5%) (5%) 1.6 1.7 (21%) (20%) 1.9 (20%) 1.6 (22%) 1.8 (21%) 1.9 (26%) 1.7 (23%) 2010 2.1 (24%) 1.4 (16%) 2011 SOURCE: NIP; AfDB; States infrastructure & Regional Development TWG; Governors Forum 2.2 (23%) 2.6 (27%) 2012 Most of spend increase in 2012 coming from communication technology infrastructure, as private operators ramp-up investments in network expansion and upgrade (e.g., in 3G and back-haul) 18
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