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TRANSCRIPT
Business Update –Nigeria
Business Update – Nigeria’s Map
• Federal Republic� 36 States� Located in Western Africa with a total land area of
923 768 km2� Official language: English� 182,202,000 millions of people
• 1st Economy in Africa� GDP 485 millions GDP per person 2640$� Petroleum (1st in Africa) represents 13% of
GDP, 90% of revenues, 95% of exports,� Semi-diversified economy, service account for
52% of GDP, Agribusiness, trade anddistribution, construction
� Growing industries: power generation anddistribution, banking sector
CFAO Equipment Nigeria Organisation
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CFAO Equipment GM : Fabrice ClaireJCB Commercial Manager: Ayotunde Abiodun3 dedicated salesmen in Lagos Area2 dedicated salesmen in Abuja and north area1 dedicated salesmen in Port Harcourt areaDedicated service and parts team
YTD April 2016 vs 2015 sales results
Market Share 2016: 17,9 %
Market : 67
JCB retail: 12
Market Share 2015: 6,1%
Market : 82
JCB retail: 5
Market share has tripled (+140%) from April 2015 to 2016� excellent performance due toboth CFAO retails, and Leventis JCB destocking.