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The Oilfield Service Industry in Nigeria

Title:

The Oilfield Service Industry in Nigeria: A Strategic Entry Report, 2000

Date Published: 2001-08-07
Pages: 114
ISBN: 0597797285
   
About the Author(s)/Editor(s)
Philip M. Parker
Eli Lilly Chair Professor in Innovation, Business and Society
INSEAD (Fontainebleau, France & Singapore)

Philip M. Parker is the Eli Lilly Chair Professor of Innovation, Business and Society at INSEAD (Fontainebleau, France and Singapore). He has been a professor there since 1988 where he teaches graduate and doctoral-level courses on global competitive strategy and research methodology. He has taught courses at Harvard University (HBS), the Hong Kong University of Science and Technology, Stanford University (GSB), the Massachusetts Institute of Technology (MIT Sloan School) and UCLA (Anderson School). Dr. Parker received his Ph.D. in Business Economics from the Wharton School at the University of Pennsylvania and has Masters degrees in Finance and Banking (University of Aix-Marseille, France) and Managerial Economics (Wharton). His undergraduate degrees are in mathematics and economics. Some of his work and methodologies applied in this study were financially supported by the Research and Development Committee at INSEAD which is gratefully acknowledged.

About the Series
This series helps international managers expand to various country markets around the world. Each report is a broad study of a particular product market, but also gives information useful for entry strategies (trend analysis, marketing, production, finance, and distribution strategy). Each study provides ample statistics on market size and trends, as well as various economic statistics cover human resources and cross-cultural management.
Contents
1 INTRODUCTION & METHODOLOGY
        1.1 What does this report cover?
        1.2 Evaluating Nigeria
        1.3 Latent Demand and Accessibility in Nigeria
2 THE OILFIELD SERVICE INDUSTRY
        2.1 Latent Demand and Accessibility: Background
        2.2 Latent demand: aspects of interest
        2.2.1 Market Profile
        2.2.2 Statistical Data
        2.2.3 Best Sales Prospects
        2.3 Accessibility: the structure of competition
        2.3.1 Marketing Strategy
        2.3.2 End-User Analysis
        2.4 accessibility: Key factors
        2.4.1 Import Climate
        2.5 Key Contacts
3 THE ECONOMICS OF LATENT DEMAND IN NIGERIA
        3.1 Executive Summary
        3.2 Economic Issues in Nigeria
        3.2.1 Agriculture
        3.2.2 Manufacturing
        3.2.3 Oil
        3.2.4 Banking
        3.2.5 External Sector
        3.2.6 Infrastructure Development
4 EXPORT ACCESSIBILITY IN NIGERIA
        4.1 Executive Summary
        4.2 Exporting to Nigeria
        4.2.1 Banking System
        4.2.2 Exchange Control Risks
        4.2.3 Financing Export Strategies
        4.2.4 Financing Exports
        4.2.5 Rediscounting and Refinancing Facility (RRF)
        4.2.6 Foreign Input Facility (FIF)
        4.2.7 Stock Facility
        4.2.8 Export Credit Guarantee Facility (ECGF)
        4.2.9 Tariffs and Import Taxes
        4.2.10 Valuations on Imports
        4.2.11 Licenses Required for Imports
        4.2.12 Controls on Exports
        4.2.13 Documentation Required for Trade
        4.2.14 Entering Temporary Imports
        4.2.15 Labeling Issues
        4.2.16 Local Standards
        4.2.17 Free Trade Zone Options
        4.2.18 Additional Trade Issues
        4.2.19 Membership in World Bodies
5 DIRECT INVESTMENT ACCESSIBILITY IN NIGERIA
        5.1 Executive Summary: Infrastructure
        5.2 Executive Summary: Natural Resources
        5.3 Executive Summary: Industry
        5.4 Direct Investment in Nigeria
        5.4.1 Attitudes Toward Foreign Direct Investment
        5.4.2 Political Violence Risks
        5.4.3 The Local Labor Market
6 MARKETING & DISTRIBUTION IN NIGERIA
        6.1 Executive Summary
        6.2 Marketing and Distribution in Nigeria
        6.2.1 Marketing Strategies
        6.2.2 Agents/Distributors
        6.2.3 Joint Ventures
        6.2.4 Selling to the Government
        6.2.5 Port Reforms
        6.2.6 Advertising
        6.2.7 Federal Government Press
        6.2.8 State Government Press
        6.2.9 Independent Publications
7 HUMAN RESOURCE ASSESSMENT IN NIGERIA
        7.1 Executive Summary
        7.2 Human Resources in Nigeria
        7.2.1 Unionization in Nigeria
        7.2.2 Collective Bargaining in Nigeria
        7.2.3 Workweek and Minimum Wages in Nigeria
        7.2.4 Trafficking in Persons
        7.2.5 Forced Labor in Nigeria
        7.2.6 Working Ages and Child Labor in Nigeria
8 POLITICAL RISK ASSESSMENT IN NIGERIA
        8.1 Executive Summary: Government
        8.2 Executive Summary: Military Organization
        8.3 Democracy in Nigeria
        8.4 Political Issues in Nigeria
        8.4.1 Political Risks
        8.4.2 Political Violence - Niger Delta Troubles
9 LEGAL RISK ASSESSMENT IN NIGERIA
        9.1 Executive Summary
        9.2 Legal Issues in Nigeria
        9.2.1 Privacy, Search and Seizure
        9.2.2 Trial Justice in Nigeria
        9.2.3 Excessive Punishment in Nigeria
10 CULTURAL AND DEMOGRAPHIC RISKS IN NIGERIA
        10.1 Executive Summary
        10.2 Cultural Issues in Nigeria
        10.2.1 Racial, Ethnic and Discrimination Issues in Nigeria
        10.2.2 Women's Rights and Gender Issues in Nigeria
        10.2.3 Religion in Nigeria
        10.2.4 Fundamental Human Rights in Nigeria
 

 

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