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Stimulating Nigeria's Emerging Real Estate Markets: Investment Opportunities Through The Public Sector

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India is a signatory to the Paris Convention for the Protection of Industrial Property and the Patent Co-operation Treaty, and it extends reciprocal property arrangements to all countries party to the convention. The convention makes India eligible for the Trademark Law Treaty and the Madrid Agreement on Trademarks. The country also participates in the Bern Convention on Copyrights, the Washington Treaty on Layout of Integrated Circuits, the Budapest Treaty on Deposit of Micro-organisms and the Lisbon Treaty on Geographical Indicators. As a member of the WTO, India enacted the Geographical Indications of Goods (Registration & Protection) Act (1999). . | Stimulating Nigeria s Emerging Real Estate Markets Investment Opportunities Through the Public Sector By Oladimeji Odusote Master of Environmental Design M.E.D Architecture 2004 University of Lagos Submitted to the Department of Urban Studies and Planning in Partial Fulfillment of the Requirements for the Degree of Master of Science in Real Estate Development at the Massachusetts Institute of Technology September 2008 2008 Oladimeji Odusote All rights reserved The author hereby grants to MIT permission to reproduce and to distribute publicly paper and electronic copies of this thesis document in whole or in part in any medium now known or hereafter created. Signature of Author Certified by Department of Urban Studies and Planning July 31 2008 Brian Anthony Ciochetti Professor of the Practice of Real Estate Department of Urban Studies and Planning Thesis Supervisor Accepted by_ Brian Anthony Ciochetti Chairman Interdepartmental Degree Program in Real Estate Development Stimulating Nigeria s Emerging Real Estate Markets Investment Opportunities Through the Public Sector By Oladimeji Odusote Submitted to the Department of Urban Studies and Planning on the 31st of July 2008 in Partial Fulfillment of the Requirements for the Degree of Master of Science in Real Estate Development ABSTRACT In its Global Economics Paper No.134 the Goldman Sachs Economics Group highlights the West African country of Nigeria as having the potential to be among the next generation of emerging markets around the world - the next eleven N-11 - after their much publicized BRIC countries Brazil Russia India and China. Nigeria - the only country included from Sub-Saharan Africa - is shown to have the potential to become one of the top 20 economies of the world by 2025 owing to such indicators as recent GDP growth - and projections for continued growth - and its substantial population. As is typical with emerging

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