The aim of thesis work is to carefully study how Finnish companies and businesses can be introduced and integrated into Nigerian market now and in years to come. With different views of market analysts and major players in the world economy, Africa is considered as one of the continents with great potentials and development possibility in the future. Nigeria, one of the West African Countries, giant of Africa alongside South Africa and the biggest African country (population wise) with about 150 million inhabitants is a major player in the continent. Nigeria is blessed with a lot of natural resources and these natural endowments are still not fully utilized towards the nation’s growth. How these natural resources and the market potential of the country could be fully utilized by both Finnish and Nigerian government is the core focus of this thesis work. Many companies and industries both public and private failed to function well due to the fact that the country lack sufficient energy supply despite the rich crude oil, natural gas and sunlight and other flourish resources the country is blessed with.
This thesis work will concentrate on how the energy capacity of the country could be improved by both Finnish and Nigerian government without violating all guiding rules of the International Energy Policy of clean energy investment as well as the living of Nigerians at large.
1.1 Introduction
In this section, the Energy Market in Nigeria and Business Opportunities is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.