Marcopolis presents Nigeria Report focused on topics such as investments, power and hospitality, featuring interviews with Nigeria's leaders. The sectors under review in this issue are banking, construction, energy, industry, logistics, real estate, tourism and many more.
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"Our drive has been to give what are called cutting costs initiatives. People running courses here used to spend millions of naira to book a flight, they spent a lot of money to get a visa and the course fees cost them a lot of money as well, thousands of dollars, they stay in a good hotel and it was all done overseas," says Phillips Matthews, Senior Vice President (Americas/Africa) of PEM OFFSHORE GROUP.
"Bringing a school back home has meant a lot of cutting costs for the individuals who go for training and the oil companies because the oil companies used to bring in a lot of expatriates to run all the assets that our local guys who are trained now can do. In the end it affects the entire gross production costs. Bringing in an expatriate you have to process their visa, they charge more; they need security and insurance because they are coming to work in West Africa etc. Working with our local guys, they find it more comfortable, first of all there is no threat of kidnapping and it creates jobs and we meet our social and economic development quota for Nigeria."