Nigeria Transportation Infrastructure...
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Nigeria Transportation Infrastructure Report April 2013
Transcript of Nigeria Transportation Infrastructure...
Nigeria Transportation
Infrastructure Report
April 2013
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Table of Contents
Abbreviations and Acronyms ......................................................................................... 4
List of Charts....................................................................................................................... 5
List of Tables ....................................................................................................................... 8
Executive Summary.......................................................................................................... 9
1.0 Introduction ..................................................................................................................... 10
1.1 Industry Definition and Scope ........................................................................... 10
2.0 Nigeria Macroeconomic Analysis ............................................................................... 11
2.1 Economic ............................................................................................................. 11
2.2 Political ................................................................................................................. 13
2.3 Socio Cultural Setting ......................................................................................... 15
3.0 Industry Overview ........................................................................................................... 18
3.1 History & Evolution - Overview .......................................................................... 18
3.1.1 Roads ....................................................................................................... 19
3.1.2 Railways ................................................................................................... 20
3.1.3 Airports ..................................................................................................... 23
3.1.4 Seaports/Waterways .............................................................................. 25
3.2 Global and Regional Trends ............................................................................. 27
3.2.1 Global Outlook ....................................................................................... 30
3.2.1.1 Road Transportation .................................................................. 32
3.2.1.2 Rail Transportation ...................................................................... 32
3.2.1.3 Air Transportation ........................................................................ 33
3.2.1.4 Maritime Transportation ............................................................. 33
3.2.2 Africa Regional Outlook ........................................................................ 34
3.3 Nigeria Transportation Industry Overview ....................................................... 36
3.3.1 Roads ....................................................................................................... 38
3.3.1.1 Federal Roads ............................................................................. 40
3.3.1.2 State Roads ................................................................................. 41
3.3.2 Railways ................................................................................................... 42
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3.3.3 Airports ..................................................................................................... 44
3.3.4 Seaports/Waterways .............................................................................. 49
4.0 Industry Analysis ............................................................................................................. 58
4.1 Transportation Infrastructure – Value Chain Analysis .................................... 58
4.1.1 Earth Moving and Construction Equipments ...................................... 58
4.1.2 Infrastructure Construction Materials ................................................... 61
4.1.2.1 Steel .............................................................................................. 62
4.1.2.2 Cement ........................................................................................ 68
4.1.2.3 Asphalt/Bitumen ......................................................................... 75
4.2 Construction and Infrastructure Industry ......................................................... 78
4.2.1 Transportation Infrastructure ................................................................. 79
4.3 Market Analysis – Road Infrastructure .............................................................. 80
4.3.1 Federal Roads ......................................................................................... 82
4.3.2 State Roads ............................................................................................. 85
4.3.3 Road Maintenances .............................................................................. 92
4.4 Market Analysis – Railway Infrastructure .......................................................... 94
4.5 Market Analysis – Airport Infrastructure ......................................................... 101
4.6 Market Analysis – Seaport/Waterways Infrastructure .................................. 108
5.0 Industry Regulatory Environment ................................................................................ 117
5.1 Road Infrastructure ........................................................................................... 117
5.2 Railway Infrastructure ....................................................................................... 119
5.3 Airport Infrastructure ......................................................................................... 122
5.4 Seaport/ Waterways Infrastructure ................................................................ 123
5.5 Public Private Partnership in Nigeria .............................................................. 127
6.0 Company Focus ........................................................................................................... 130
6.1 Dangote Cement Plc ....................................................................................... 130
6.1 Julius Berger Plc ................................................................................................. 137
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Abbreviations and Acronyms
APGA All Progressive Grand Alliance APC All Progressive Party ARTIN African Regional Transport Infrastructure Network AfDB African Development Bank ACN Action Congress of Nigeria BRIC Brazil, Russia, India, China BRICS Brazil, Russia, India, China, South Africa BRINC Brazil, Russia, India, Nigeria, China BOAC British Overseas Airways Corporation CPC Congress for Political Change CBN Central Bank of Nigeria COREN Council of Regulatory of Engineering in Nigeria FNDP First National Development Plan FDI Foreign Direct Investment FERMA Federal Road Management Agency FAAN Federal Airport Authority of Nigeria FCT Federal Capital Territory GDP Gross Domestic Product GSP Gross State Product IDA International Development Association ICDs Inland Container Depots ICAO International Civil Aviation Organization ICRC Infrastructure Concession Regulatory Commission LAMATA Lagos Metropolitan Area Transport Authority LNG Liquefied Natural Gas LPC Lagos Ports Complex NBS Nigeria Bureau of Statistics NRC Nigeria Railway Corporation NPA Nigeria ports Authority NSC Nigeria Shippers Council NCAA Nigeria Civil Aviation Authority NCMDCA National Council of Managing Directors of Licensed Custom Agents NIMASA Nigeria Maritime Administration and Safety Agency NAMA Nigeria Aerospace Management Authority NAIB Nigeria Accident Investigation Bureau NIWA Nigeria Inland Waterways Authority OSGOF Office of the Surveyor General of the Federation PDP People Democratic Party PPP Public Private Partnership PIB Petroleum Industrial Bill RSSC Road Support Service Centers SURCON Surveyors Council of Nigeria WSA World Steel Association
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List of Charts
Chart 1.1 Nigeria GDP Growth Rate per Quarter 9
Chart 1.2 Nigeria Annual Economy Size and GDP Growth Rate 10
Chart 1.3 Nigeria Population Size and Growth 11
Chart 1.4 Africa Growth Rate 11
Chart 1.5 Nigeria Population Distribution 14
Chart 1.6 Nigeria Income Distribution 15
Chart 3.1 Road Contribution to GDP 18
Chart 3.2 Railway Systems in Nigeria 19
Chart 3.3 Fatalities recorded in plane crashes in Nigeria from 1969 till date 22
Chart 3.4 GDP Growth: Developed Economies vs BRICS 26
Chart 3.5 CBP World Trade Volume Index 28
Chart 3.6 Global Transportation Industry Value 29
Chat 3.7a Global Transportation Industry Segmentation 29
Chat 3.7b Global Transportation Industry Segmentation 30
Chart 3.8 Distributions of Nigerian Roads by Ownership 37
Chart 3.15: Nigeria Rail Way System 41
Chart 3.9 Nigerian Airports 43
Chart 3.10 Number of Passages that flew through Airports 1993-2009 45
Chart 3.11 Nigeria Air Traffic 46
Chart 3.11: Major Nigerian Ports 51
Chart 3.12: Cargo Throughputs (tonnage) at Nigerian Ports 53
Chart 4.1: Transportation Infrastructure Value Chain 56
Chart 4.1: Construction Machinery Industry 57
Chart 4.2: Global Steel capacity vs supply vs demand 60
Chart 4.3: Top Steel Producing Countries (2011) 61
Chart 4.4: Geographical Steel Production 62
Chart 4.5: Geographical Steel Consumption 62
Chart 4.6: Steel Exports to Africa 63
Chart 4.7: Volatility of Contract Prices 64
Chart 4.8: Nigeria Iron & Steel Imported Value ($USm) 65
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Chart 4.9: Major importers of Steel to Nigeria (2006- 2011) 66
Chart 4.10: Global Cement Production Capacity and Consumption (2006- 2011) 67
Chart 4.8: World Cement Production by Countries and Region (2011) 68
Chart 4.11: Market Share (mill. tonnes of top five global cement producers) 69
Chart 4.12: Region wise Split of Cement Capacity by Global Players (Million tons) 70
Chart 4.13: Nigeria Cement Production, Consumption and Capacity (Million tons) 71
Chart 4.14: Market Share of Nigerian Major Cement Manufacturers 72
Chart 4.15: Comparison of production cost (USD per tonne) of cement 72
Chart 4.16: Nigeria Construction Industry Data 75
Chart 4.17: Nigeria Capital Investment Data 75
Chart 4.18: Nigeria Infrastructure Industry Value 76
Chart 4.19: Nigeria Capital Investment Data 77
Chart 4.20: Nigeria Capital Investment Data 77
Chart 4.21: Nigerian Road & Bridges Infrastructure Value 78
Chart 4.22: Road Density in Selected Locations 79
Chart 4.23: Average annual expenditures on road transport by country, 2001–05 80
Chart 4.24: Nigeria Road Network 81
Chart 4.25a: Distribution of Nigerian States based on GDP and Population Density 84
Chart 4.25b: Distribution of Nigerian States based on GDP and Population Density 84
Chart 4.26: Map of Akwa Ibom 86
Chart 4.27: Map of Rivers State 87
Chart 4.28: Map of Lagos State 88
Chart 4.29: Freight (mill ton km) of goods on Nigerian Rail lines 93
Chart 4.30: Passengers transported on Nigerian Rail lines between 1980 -2007 93
Chart 4.31: Nigerian Railway Infrastructure Value 94
Chart 4.32: Nigeria Railway Extension and Developments Plan 96
Chart 4.33: Route –Km and Land Area in Nigeria States 97
Chart 4.34: Nigeria Airports Infrastructure Industry Value 99
Chart 4.35: Number of passengers through Nigerian Airports (1980 – 1996) 101
Chart 4.37: Air Freight in Nigeria (1980 – 1996) 102
Chart 4.38: Number of Passengers through Nigerian Airports (2003 – 2009) 104
Chart 4.39: Domestic Aviation Debt in 2009 106
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Chart 4.40: Domestic Aviation Market Share 2009 106
Chart 4.41: Cargo Throughput in Nigeria Seaports (1995-2010) 110
Chart: 4.42 Tonnage (millions) and Number of Vessels through Nigerian Seaports 111
Fig 1: Dangote Africa Operations 129
Fig 2: Dangote Cement Performance Analysis Dangote Cement 130
Fig 3: Dangote Cement Deports/Warehouses 131
Fig 4: Dangote Cement Financial highlights (2008 – 2012) 132
Fig 4: Julius Berger Financial highlights (2008 – 2011) 137
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List of Tables
Table 3.1: GDP growth rates of Selected Regions and Countries 25
Table 3.2 GDP growth rate in Selected African Countries 27
Table 3.3: Nigeria Budgetary Allocation Source: Nigeria Budget Office 35
Table 3.3: Estimated Size of Road Networks in Nigeria (2007) 38
Table 3.4: List of Airports Nigeria 44
Table 4.1 Leading Global Earth Equipment Manufacturing Companies 57
Table 4.1: Construction Equipment Project Range 58
Table 4.2 Top Steel Manufacturing Companies 61
Table 4.3: Road Projects and Facilities – Lagos State (May 2007 – March 2011) 90
Table 4.4: State of Abuja and Lagos International Airports 103
Table 4.5 List of International Airliners and their Routes 105
Table 4.6 List of Local Airliners 105
Table 4.7 Nigerian Major Ports 108
Table: 4.8 Types of Berth Nigerian Ports 109
Table: 4.9 Selected Ports and their Berth Types 109
Table 1.Financial Performance of Nigeria’s Key Cement Producers 134
