ABOUT PROF. KEN IFE!

Prof. Ken Ife

Prof. Ken Ife is London Enterprise Ambassador, Co-Chair, EU – AFRICA Business Task Force Summit Group (Trade Working Group), Brussels, Senior Policy Adviser to the President: Africa Business Round Table/NEPAD Business Group, Lead Consultant to ECOWAS Commission (Private Sector Directorate); Lead Consultant to Africa Development Bank /Japanese (ADB-FAPA) project building the capacity of private sector intermediary organisations in Africa and Team Task Leading Consultant for World Bank Authorised Economic Operator (Customs) Programme in ECOWAS.

 

DR KEN IFE SHARES HIS THOUGHTS ON NIGERIA’S FUTURE ECONOMIC REVIVAL.

5-11-2022: PT 2 NIGERIA’S ECONOMY IS BECOMING LESS DEPENDENT ON OIL REVENUE - PROF KEN IFE
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NIGERIA’S ECONOMY IS BECOMING LESS DEPENDENT ON OIL REVENUE – PROF KEN IFE

SOME OPPORTUNITIES IN NIGERIA'S PRESENT ECONOMY
MARKET SIZE

Nigeria, the largest economy in Africa, has the largest GDP (Purchasing Power Parity) of $1.1tr; the largest population of 181m people which 168m are between the ages of 1 – 54 and 113m people between the ages of 1 – 24 yrs. UNCTAD (2013) voted Nigeria as the second most profitable place offering rates of return in excess of 35%.

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AGRICULTURE

By the year 2030, Nigeria's population will increase from 181m to 300m people at the population growth rate of 2.5% - 3%. The current urban population of 47.8% at the current urbanization rate of 4.66% would result in 70% urban population. UN Secretary General Bank Ki Moon says the world needs to produce 30% more food by 2030.

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HOUSING

The current annual output in the formal housing sector is estimated at 100,000 units. By 2050, the UN estimates that 75% of Nigeria’s population will be living in cities and this translates into an annual housing requirement over the coming decades of at least 700,000 units to keep up with growing population and urban migration.

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OUR SERVICES

Speaking Engagements

Prof Ken Ife is a prolific speaker and has built a reputation to inspire foreign investment into Nigeria. Find out more

Consultancy

Prof Ken Ife is a sought after consultant across Africa’s most prominent Government Bodies and Organizations. Find out more

1 To 1 Coaching

Prof Ken Ife is passionate about helping professionals maximize their potential and leverage new opportunities. Find out more

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