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Investor Presentaiton

XCELLON CAPITAL ADVISORS PEOPLE + IDEAS + SOLUTIONS High expectation of the new administration in 2015, but slow-start with governance and policy actions. Millions of Nigerians had lots of expectations as promised by the new administration- security, petroleum industry Bill, electricity issues, etc. ► A very relevant expectation is that Government would invest in infrastructure. In terms of social infrastructure, there has been some investment in housing, but not much in the area of education and public hospitals. In terms of economic infrastructure, we see the development of the roads, railway network and airports (some projects having been commenced during the Jonathan administration). This boost in economic infrastructure is a step in the right direction; Nigerians are slowly starting to reap the benefits of it. BACKGROUND TO CURRENT ECONOMIC/SOCIAL CLIMATE (2015-2022 IN REVIEW). 12 © 2023, Xcellon Capital
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