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Abuja, Nigeria. October 7th, 2014– Latest governance poll results released by NOIPolls for the month ofSeptember 2014 revealed that 74% of adult Nigerians approved of President Goodluck Jonathan’s Job Performance in the past 1 month. On the other hand, 14% of the respondents disapproved of the President’s job performance, while 12% were neutral as they neither approved nor disapproved. Current results represent a13-point increase in the President’s approval rating from August 2014 and this increase is mainly as a result of significant increases observed in three geo-political regions; in the North-East, a 34% increase (approval ratings moved from 45%: Aug to 79%: Sep); in the North-West, a 16% increase (approval ratings moved from 45%: Aug to 61%: Sep) and in the South-West an 11% increase (approval ratings  moved from 66%: Aug to 77%: Sep). Monthly job approval ratings are typically affected/influenced by key events that may have occurred during the month of review; key events in September include successes recorded by the Nigerian military over Boko Haram insurgents and the effective response of the government with respect to the Ebola Virus Disease. In addition, monthly trend analysis reveals that the current result represents the highest rating in the 21-month period that NOIPolls commencedits monthly governance polls in January 2013. Prior to this current poll result, the highest job approval rating ever recorded by President Jonathan was 78% in September 2010, upon his official appointment as President of the Federation following the  untimely demise of President Musa Yar’ Adua. Furthermore, an assessment of the President’s performance on key elements of his transformation agenda revealed that he achieved a very good rating (4) in Agriculture & Food Security for the first time since January 2014.  More findings reveal that 52% of adult Nigerians surveyed reported that power supply to their households had improved within the last one month. Conversely, 35% of the respondents were of the view that power supply to their households had remained bad and/or it had gone worse while 13% claimed their power supply had neither improved nor worsened over the past one month. These are some of the key findings from the Governance Snap Poll conducted in the week of September 27th 2014. These results represent the ninth in the 2014 monthly series of governance polls conducted by NOIPolls to gauge the opinions and perceptions of Nigerians regarding the approval rating of the President, the performance of the President on key elements of his transformation agenda, and thestate of power supply in the country. Respondents to the poll were asked three specific questions. The first sought to assess the opinion of Nigerians on the performance of President Goodluck Jonathan over the past 1 month. Respondents were asked: Do you approve or disapprove of the job performance of President Jonathan in the past 1 month? The results revealed that 74% of adult Nigerians surveyed (49% + 25%) approved of the job performance of the President in the past 1 month. On the contrary, a total of 14% disapproved of the President’s performance (11% + 3%) while 12% were neutral as they neither approved nor disapproved. Analyzing the President’s performance rating by geo-political zones revealed that the South-East zone had the largest portion of respondents who approved of the President’s job performance with 89%. This is followed by the North-East zone with 79% and the South-West zone has 77%. In addition, there are variances by gender; more female (77%) than male respondents (69%) approved of the President’s job performance in September 2014. A comparative analysis of the President’s job approval rating by geo-political zone for Q3 2014, reveals that his approval rating in September 2014 increased across all zones with the most drastic increase of 34-pointsobserved in the North-East. This was followed by significant increases in the North-West (16-points) andSouth-West (11-points). These three (3) geo-political zones had the largest proportion of respondents whose perception of the President’s job performance shifted from disapproval to approval resulting in the 13-pointoverall increase in the President’s job rating in September 2014. This increase could be attributed to a series of successes recorded in the month of September by the Nigerian military over Boko Haram terrorists[1] that have boosted the confidence of Nigerians particularly in the North-East and North-West regions which are most affected by the on-going war against terror. Furthermore, the handling of the Ebola Virus Disease that resulted in commendations from Nigerians and international bodies such as the World Health Organisation[2]could be responsible for the increase in the approval rating particularly in the South-West where the virus first hit the country. [1] Commendations trail increased military successes over Boko Haram – Vanguard Newspaper (September 25th, 2014) [2] World Health Organization commends Nigeria over Ebola – Premium Times (September 19th, 2014) Monthly trend analysis of the President’s approval rating reveals a substantial 13-point increaseto stand at 74%in September 2014. This current result represents the highest rating recorded over the 21 month period sinceNOIPolls started its monthly governance poll in January 2013 and the most drastic increase observed in a 1 month interval. In addition,the highest approval rating ever recorded by President Jonathan was 78% inSeptember 2010, shortly after he took over the presidential office following the demise of the then President Musa Yar’Adua. The average rating of the President’s job performance over the nine months in 2014 stands at58.4% while the current result is 15.6-points higher than the nine month YTD average. To gauge the performance of the President on pertinent elements of his transformation agenda, respondents were asked: On a scale of 1 to 5, where 1 is very poor and 5 is excellent, how would you rate the performance of the President Jonathan in the following areas?  (1) Job Creation (2) Power (3) Economy (4) Health (5) Education (6) Agriculture & Food Security (7) Transportation (8) Foreign Policy & Diplomacy and (9) Security. The outcome shows that the President achieved an average rating (3) in terms of his performance in Job creation, Power, Economy, Education, Health, Transportation and Foreign Policy & Diplomacy except for Security in which he performed very poorly (1).  This central component of his transformation agenda has remained very poor since February 2014. Security remains a major concern to Nigerians as revealed in the 2014 Independence Day Special Edition Poll where the majority described it as the most important issue that should be addressed in the next 1 year. Additionally, Agriculture & Food Security has for the first time since January 2014 recorded a very good rating of 4. During survey administration, respondents’ comments indicated that the relative stability in the prices of foodstuff is the basis for the very good rating for Agriculture & Food Security. Trend analysis indicates that the President’s performance rating on Economy, Health, Transportation and Foreign Policy & Diplomacy has maintained an average ranking (3) since February 2014. Furthermore, Agriculture & Food Security achieved an above average rating (4) and this might possibly be linked to the perceived relative stability of foodstuff in the market at present. In contrast, the President’s performance rating on Security has remained very poor (1) since February 2014.  This is the only aspect of his transformation agenda that has constantly rated poorly after it was ranked above average (4) in January 2014. Finally, in order to assess the state of power supply to Nigerian households over the past month, respondents were asked: How would you describe power supply in your area in the last 1 month?  Responses reveal that overall 52% of adult Nigerians surveyed reported that power supply in their area has improved; 19%responded “it has improved very much” and 33% “it has improved a little” respectively. On the contrary, 35%of the respondents were of the view that power supply has either remained bad or worsened (18%+17). Also,13% indicated that power supply to their households had neither improved nor worsened over the past 1 month claiming “there’s no difference at all”. Analysis by gender highlights key differences; more female (56%) than male respondents (48%) claim theyexperienced an improvement in situation of power supply to their households. On the contrary, slightly more male (38%) than female respondents (32%) described power supply in the area over the past one month as inadequate. Monthly trend analysis reveals a slight 1-point increase in power supply in September from August 2014; the highest power supply rating recorded so far in 2014. The average power supply rating from January toSeptember 2014 is 39.1% and the current result is 12.9-points above the yearly average till date. In conclusion, almost three in four adult Nigerians (74%) approved of the job performance of President Jonathan in September 2014; 49% approved and 25% strongly approved and this represents the highest approval rating for the President in the 21 month period from January 2013. Furthermore, trend analysis by geo-political zones depicts that the North-East zone experienced the largest increase in approval rating; a drastic 34-point increase from August 2014 while the approval rating nationwide experienced a 13-pointincrease in September 2014.  This sharp increase as mentioned in previous paragraphs could be attributed to a series of successes recorded by the Nigerian military over Boko Haram and the effective response of the government with respect to the Ebola Virus Disease. Present results are only 4-points lower than the highest ever job performance rating of 78% recorded by President Jonathan in September 2010. Finally, slightly more than half of adult Nigerians (52%) reported improvements in the power supply to their households inSeptember 2014; this represents a slight 1-point increase in power supply rating and the highest rating recorded so far in 2014. Survey Methods The opinion poll was conducted in the week of September 27th 2014. It involved telephone interviews of a random nationwide sample. 1,000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed. With a sample of this size, we can say with 95% confidence that the results obtained are statistically precise – within a range of ± 3%. NOIPolls Limited, No1 for country specific polling services in West Africa, which works in technical partnership with the Gallup Organisation (USA), to conduct periodic opinion polls and studies on various socio-economic and political issues in Nigeria. More information is available at www.noi-polls.com Disclaimer This press release has been produced by NOIPolls Limited to provide information on all issues which form the subject matter of the document. Kindly note that while we are willing to share results from our polls with the general public, we only request that NOIPolls be acknowledged as author whenever and wherever our poll results are used, cited or published. NOIPolls hereby certifies that all the views expressed in this document accurately reflect its views of respondents surveyed for the poll, and background information is based on information from various sources that it believes are reliable; however, no representation is made that it is accurate or complete. Whilst reasonable care has been taken in preparing this document, no responsibility or liability is accepted for errors or fact or for any views expressed herein by NOIPolls for actions taken as a result of information provided in this report. Any ratings, forecasts, estimates, opinions or views herein constitute a judgment as at the date of this document. If the date of this document is not current, the views and content may not reflect NOIPolls’ current findings and/or thinking. Press Contact The Editor Email: editor@noi-polls.com

August 2011. Earlier this year, President Goodluck Jonathan signed into law the ‘Minimum Wage Act’, to pave the way for the implementation of NGN 18, 000 wage for Nigerian workers. The signing of the Act followed earlier agitation by organized labour, which argued that the previous minimum wage was insufficient to cater for workers’ basic needs in the face of adverse economic conditions and persistent high rates of inflation. However, since the President signed the Act, issues have cropped up regarding its implementation. Specifically, some State governors have said that due to lack of resources, they are unable to implement the new national wage in their States; leading to workers in these states embarking on strike action. In a recent survey conducted by NOI Polls, respondents were asked if they were aware of the issues surrounding the adoption of the NGN 18,000 national minimum wage. 92% of respondents said they were aware while 8% said they are not aware. When asked the question ‘In your opinion, do you believe that the 36 states can afford to pay the proposed new minimum wage?’ Over 8 in 10 (84%) respondents answered ‘Yes’, while 12% responded ‘No’. Finally, respondents were asked what they think the minimum wage should be. Almost 8 out of 10 (79%) respondents quizzed stated that the minimum wage should be between NGN10, 000 – 20,000; 15% said between NGN21,000 – 30, 000 while 3% said that the minimum wage should be between 31, 000 – 40, 000. Only 1% of respondents said that the minimum wage should be between NGN41, 000 – 50, 000. Respondents for the snap polls were randomly selected from a database of phone-owning Nigerians aged 18 and above across the six geopolitical zones in the country. 1155 people took part in the telephone interviews conducted from the 3rd and 8th of August, 2011. For a sample of this size, we can say with 95% confidence that the maximum margin of sampling error is ±3 percentage points. This poll is part of the ongoing snap poll exercise conducted by NOI Polls to rapidly assess public sentiments following various social, political or economic events. NOI Polls is a Nigeria based opinion research organization, which works in technical partnership with Gallup Polls (USA), to conduct periodic opinion polls on various socioeconomic issues in Nigeria.

August 2011. As a follow up of the draft framework for Islamic banking issued in March 2009 by the Central Bank of Nigeria, the CBN issued final guidelines pertaining to Islamic banking in June this year. The CBN stated that the introduction of Islamic banking in the Country is part of its drive to stimulate financial inclusion for a larger proportion of Nigerians by introducing alternative financial services/products. The announcement by the CBN generated significant controversy among the public and the business community; while receiving support from sections of the country it has also be roundly denounced by others (particularly some Christian groups) who argue that the policy is capable of exacerbating interreligious tensions in the country. Consequently, NOI Polls decided to conduct a survey to find out the views of Nigerians on Islamic Banking. The poll results show a high level of awareness of the issue amongst Nigerians, with just over three quarters (76%) responding ‘Yes’ to the question ‘Are you aware of the CBN’s proposal to introduce Islamic Banking in Nigeria? Respondents were then asked if they were in support of Islamic Banking. Just over half (53%) of the respondents quizzed said they were not in support, while nearly one quarter (23%) were in support. Another 24% did not provide an opinion for or against the introduction of Islamic Banking in Nigeria. Support for Islamic Banking was highest In the North East, with 56% of respondents in the region answering ‘Yes’ to the question ‘Do you support Islamic Banking?’. On the other hand, 60% of respondents from the North East were not, while nearly 1 in 3 (33%) of respondents in the South South were neither for or against Islamic Banking. Respondents were further asked to give their reasons for supporting/not supporting Islamic Banking. Of the 23% of respondents in support of Islamic Banking, the majority (53%) simply said they thought that ‘It’s a good Idea’. Another 25% were in support because of its non-interest nature while 16% said they were in support because it would be good for national development. Of the 53% of respondents who were not in support of Islamic banking, nearly 1 in 3 (31%) said they were not in support because it could lead to religious bias against non-Muslims while 25% simply do not like this type of banking. In addition, 17% of respondents said they believed that Islamic Banking could lead to riots while 5% said they believed that it could lead to the Islamization of Nigeria. Respondents for the snap polls were randomly selected from a database of phone-owning Nigerians aged 18 and above across the six geopolitical zones in the country, compiled by NOI Polls. 1155 people took part in the telephone interviews conducted from the 3rd and 8th of August, 2011. For a sample of this size, we can say with 95% confidence that the maximum margin of sampling error is ±3 percentage points. This poll is part of the ongoing snap poll exercise conducted by NOI Polls to rapidly assess public sentiments following various social, political or economic events. NOI Polls is a Nigeria based opinion research organization, which works in technical partnership with Gallup Polls (USA), to conduct periodic opinion polls on various socioeconomic issues in Nigeria.

Abuja, Nigeria. March 2011– ANAP Foundation (ANAP) is a non profit organisation committed to promoting good governance in Nigeria. Ahead of the presidential elections scheduled to hold on April 9, 2011, ANAP Foundation decided to commission NOI Polls Limited to conduct a face-to-face nationwide presidential poll to ascertain public sentiment on the candidacy of aspirants for the office of President. NOI Polls administered the survey utilizing well established survey methodologies, including scientifically tested sampling techniques, developed by the Gallup Organization. The opinion poll was carried out from February 11th – February 28th 2011 with a representative random sample of Nigerians drawn from Nigeria’s six major geo-political zones and reflecting rural urban split in population. The overriding objective of the poll is to empirically establish which of the presidential candidates stands the greatest chance of receiving the people’s mandate to ascend to the nation’s highest office. The rationale for the survey in the run up to the elections is to provide Nigerians with the opportunity to express their views on salient political issues and candidates, as well as to generate data which gives an indication of the voting intentions of the citizenry prior to the elections. Data generated from the nationwide presidential poll revealed the following:? Almost all Nigerians have given at least some thought to the April elections. Nearly 3 out of 4 of the respondents have voted in at least one previous election. Almost all Nigerians had registered or planned to register to vote in the upcoming elections. An extension of the period for the voter registration exercise would further enable registration of eligible voters in Nigeria. 46% of Nigerians were aware that Ibrahim Shekarau is running for president. 48% of respondents were aware that Nuhu Ribadu is running for president. 73% of Nigerians were aware that Muhammadu Buhari is running for president. 93% of respondents were aware that Goodluck Jonathan is running for president. For all other candidates, less than 20% of Nigerians knew that they were running for president. Majority (85%) of Nigerians feel very strongly about their choice for the presidential position. Most (53%) of the respondents think that Goodluck Jonathan will win the April presidential position. Most (68%) approve of Goodluck Jonathan’s performance as president. The questionnaire for the nationwide presidential poll was designed in English and translated into the major Nigerian languages- Hausa, Ibo, Yoruba and Pidgin English. In addition, interviewers were locally recruited to ensure coverage of all geographical and demographic groups.

Abuja, Nigeria. March 2011. Nigerians will go to the polls April 9 2011 to elect a new president. There also will be federal and state elections over a three-week period. In preparation for the election, the Independent Electoral Commission (INEC) started the registration of voters to ensure that eligible voters are properly registered and to reduce fraudulent duplication of voters. NOI Polls Ltd recently conducted its monthly snap poll to find out the opinion of Nigerians on the recently completed voters registration exercise. In the survey, 9 out of 10 people interviewed confirmed they registered to vote. 9 out of every 10 people that registered to vote said they registered in order to vote while the remaining 2 percent said they registered just to have the voter registration card. Nigerians seem to have confidence in the forthcoming elections, as a majority of registered voters believe their votes will count. When asked whether they think their vote will count in the April 2011 election, 82 percent of those who registered said they think their votes will count, 10 percent said they do not know whether their votes would count while 4 percent think their votes would not count.

Abuja, Nigeria. November 10, 2010 Nigerians Ready to Pay More for Improved Power Supply An overwhelming proportion of Nigerians are willing to pay more for electricity if they can get the preferred level of power supply they desire. Also a significant percentage of Nigerians consider availability of power to be the most important priority in power supply, irrespective of who the supplier is and many people report an improvement in their power supply over the past months. These are some of the key findings distilled from the Nigerian Power Sector Poll, a survey conducted in three waves, between June 2010 and September 2010 by NOI Polls; the country’s leading opinion polling organisation in partnership with the Nigerian Infrastructure Advisory Facility (NIAF). The special survey was designed to track and assess the opinions, attitudes and preferences of Nigerians on the current state of electricity supply in the country against the background of the ongoing efforts of the Federal Government to implement far reaching reforms. The findings make it clear that the nation’s poor track record in this critical area continues to attract deep public concern over the inadequacy of supply which has persisted in spite of the well advertised efforts of successive governments to improve the poor level of generation and distribution. Previous surveys by NOI Polls have shown that most Nigerians would like to see governments at all levels to focus on achieving a significant improvement in the current poor and irregular level of electricity supply which has persisted for so long. The power sector survey revealed that about 96% of Nigerians would pay more if supply improves to the degree they want. To the question “if you were to be provided electricity for any specific period/time of the day, which of the following periods would you prefer?”, the highest proportion of respondents – 42% – said they preferred night time supply. Comparatively, 25% said they prefer 24-hr supply; 14% opted for “some hours during each period”. Another key finding is that three out of four Nigerians (75%) consider availability of supply the most important priority in power supply. 18% ranked predictable supply as their most important priority while 6% put Customer service ahead of other considerations. Significantly, price was the least important consideration in the estimation of the respondents with only 1% giving it a thumbs-up. Responses to the question “Has there been any changes in light/power/electricity supply to your household in the last two months?” showed that a majority of Nigerians believe that they have experienced some change within the period. 59% of the respondents answered “Yes”. Another significant proportion – 40% – said there was no change in the supply to their household. Significantly of those that saw a change in their power supply 90% report an improvement. A summary of the key findings: Majority of Nigerians still rate the government poorly in terms of provision of electricity. About 1 in 2 respondents have experienced changes in electricity supply to their households within the timeframe of the survey. The majority of those who experienced changes in the supply of electricity consider the change as an improvement. Most respondents believe that the government is responsible for the improvement in the supply of light. Most Nigerians would prefer 24-hour uninterrupted power supply. Majority of Nigerians would consider paying more than current prices if they are supplied with power for the periods and duration of their preference. Nigerians consider the availability of power as their top most priority with regards to the supply of electricity. Overall, there has been noticeable reduction in the governments ’very poor’ performance rating, from the first wave to the third wave of the survey. More people have experienced an improvement in their power supply in  recent times compared to the start of the survey. Significantly more people attribute the improvement in power supply to the government in subsequent waves than in previous waves of the survey. In addition, there are more people willing to pay for improved services than there were at the start of the survey. ABOUT NOI POLLS LTD NOI Polls is an opinion polling and market research organisation in Nigeria that provides timely and relevant information on people’s perspectives on a variety of social and economic issues. Founded in November 2006, the goal was to establish a premier opinion research firm in Nigeria which periodically provided a barometer of public opinion on a range of social and economic issues. NOI Polls conducts scientific periodic opinion polls in Nigeria in partnership with Gallup Poll (USA), the leading polling and opinion research organization in the world. Principal officers from Gallup are actively involved in the technical aspect of the polls. Our Methodology NOI Polls is committed to employing the highest standards of statistical analysis in its polls. It utilizes the well-established survey methodologies, including scientifically tested sampling techniques designed by The Gallup Organization. NOI-Gallup Poll is administered with the Gallup World Poll and the analyses are conducted by a joint team of researchers. As such, the poll benefits from both Gallup’s technical rigour and NOI Polls’ knowledge and experience of the Nigerian context.

64% of Nigerians Do Not Feel Safe, Lack Faith in Security Services Abuja, Nigeria. October 18, 2010 – The security situation in Nigeria- the spate of kidnappings; the recent bomb blasts, which marred the country’s 50th year of independence celebration in the capital, Abuja, despite being warned by the foreign intelligence of the attacks, as well as additional bomb threats,has left majority of its citizens feeling unsure of their safety. In response, the Federal Government has tightened the security nationwide and promised stronger legislation against terrorism. Against the backdrop of these recent mishaps in the country, NOI Polls conducted a survey to check Nigerians’ pulse on the issue. Nigerians were asked how safe they feel. 64% of respondents said they either felt unsafe or very unsafe. 16% said they neither felt safe nor unsafe, while only one- fifth (20%) said they either felt safe or very safe. Respondents were further asked if they had confidence in Nigeria’s security services. 3 in every 4 respondents (75%) said they lacked confidence in Nigeria’s security services. Only 24% of people polled expressed their confidence in the country’s security services, while 1% had nothing to say about the issue. Respondents for the snap polls were randomly selected from a database of phone-owning Nigerians aged 18 and above across the six geopolitical zones in the country, compiled by NOI Polls. 1058 people took part in the telephone interviews conducted from the 7th to the 11th of October, 2010. For a sample of this size, we can say with 95% confidence that the maximum margin of sampling error is ±3 percentage points. This poll is part of the ongoing snap poll exercise conducted by NOI Polls to rapidly assess public sentiments following various social, political or economic events. NOI Polls is a Nigeria based opinion research organization which works in technical partnership with Gallup Polls (USA), to conduct periodic opinion polls on various socioeconomic issues in Nigeria.

Following the death of President Umaru Musa Yar Adua, Acting President Goodluck Jonathan was sworn in as the 14th Head of State of the Federal Republic of Nigeria on the 6th of May, 2010. President Jonathan has cited anti-corruption, power and electoral reform as the key issues he hopes to tackle between now and next year, when elections are scheduled to hold. A recent survey of Nigerians conducted by NOI Polls shows that the President’s targets are in line with the key concerns of the citizenry. When asked the question ‘What policy area do you think the president should focus on in the remaining months of his tenure?’, a majority of the respondents (45% to be precise) said he should focus on power. 20% of Nigerians believe that the president should concentrate on jobs/employment, 12% listed electoral reform as priority while infrastructural development was mentioned by 9% of the respondents. Future Elections and the Emergence of Presidential Candidates in Nigeria As part of the poll, Nigerians were also quizzed about the application of a Zoning Formula in selecting Presidential candidates. To the question ‘Do you think/agree that there should be a zoning formula for the emergence of Presidential candidates in Nigeria?’, more than 6 in 10 (63%) respondents answered ‘No’. 33% responded in the affirmative while 4% either didn’t know or refused to answer the question. Competence is more important…….. Rather than zoning, Nigerians consider other factors to be more significant when choosing the country’s president. In response to the question ‘What do you consider to be the most important criteria that should be applied in choosing/selecting the Nigerian President?’, 38% of respondents answered ‘perceived competence’ Also considered to be important by respondents is the level of education of the candidates (22%) and election manifesto/promises (20%). Ethnicity was considered the least significant factor (2% of respondents), while religion polled just 7% amongst the respondents. The Icelandic Volcanic Ash Cloud and its Impact on the Nigerian people Seismic activity around Iceland’s Eyjafjallajökull volcano began in December 2009 and led to an eruption on March 20th, 2010. A later, ongoing eruption beginning on April 14th resulted in a plume of ash which led to the closure of much of Europe’s airspace from the 15th of April, 2010. Apart from the short and long term environmental impact of the volcanic eruptions, many people all over the globe experienced travel disruptions. In addition, the air line and other trade industries which rely on air travel also experienced huge financial losses. NOI polls asked Nigerians if they were aware of the Icelandic Volcanic Cloud, if they had been affected by it and how. 81% of people quizzed by NOI Polls were aware of the volcanic ash cloud. In addition, 79% of respondents said that they had been affected by it. On how the respondents had been affected, 61% cited disruption to travel plans, while 20% said that they had experienced business/trade losses. Survey Results. This survey shows that Nigerian’s want the President to prioritise tackling the problems in the nation’s power industry. In addition, the majority of Nigerians do not consider a zoning formula necessary in the emergence of presidential candidates but feel that selection of candidates should be based on their level of competence. Finally, in line with global happenings, Nigerians were affected by the Icelandic Volcanic ash cloud with many feeling the impact in the areas of travel and business. Survey Methods. Respondents for the snap poll were randomly selected from a database of phone-owning Nigerians aged 15 and above, compiled by NOI Polls. 1,207 people took part in the telephone interviews from the 27th and 30th of April, 2010. For a sample of this size, we can say with 95% confidence that the maximum margin of sampling error is ±2.82 percentage points. The margin of error reflects the influence of data weighting. In addition to sampling error, question wording and practical difficulties in conducting surveys can introduce error or bias into the findings of public opinion polls.

Banking and Savings Report 2009 Foreword by the CEO NOI Polls is the leading opinion research organisation in Nigeria. Our surveys target economic, social and political issues that affect the general public, and our mission is to give voice to millions of Nigerians – by providing a platform for the articulation of a variety of public opinions. We are also committed to building a democratic culture in Nigeria, by supporting the activities of decision-makers in the public and private sectors, through the provision of timely and relevant information regarding public opinion on specific policies and sectoral issues. We are pleased to announce the publication of the first annual NOI Polls Banking and Savings Report. The Report is designed to provide executives in the banking and financial sector with statistically robust empirical data on the patronage of banking facilities by Nigerians. The Report is comprised of three sections, namely: Ownership of Bank Accounts in Nigeria, Saving Patterns in Nigeria, and Indebtedness and Access to Credit in Nigeria. The population sample for the survey is comprised of 2,680 randomly selected Nigerians aged 15 and above who participated in structured face-to-face interviews. The interviews were conducted in September 2008 as part of the larger annual Nigeria Poll. The results were analysed in totality, for all Nigerians, and disaggregated by geopolitical region. The survey results are valid within a statistical margin of error, also known as a 95 percent confidence interval. NOI Polls works in partnership with Gallup Poll (USA), the world’s foremost opinion research company with 30 years of international expertise, in conducting all its surveys. NOI Polls and Gallup adopt scientifically robust techniques in conducting opinion surveys. I invite you to peruse the first NOI Polls’ Banking and Savings Report. While we recognise the challenges posed by the ongoing global economic crisis for the financial sector in Nigeria, we hope that the findings of our research present opportunities for improving service delivery and expanding business opportunities for our clients and other stakeholders in the financial sector. We firmly believe in the financial sector as a strategic engine in creating employment, accelerated economic growth and the alleviation of poverty in Nigeria. Thank you. Ndubisi Anyanwu CEO, NOI Polls Banking and Savings Report 2009 | File Size: 3,946 Kb / PDF

The Federal Government announced its intention to deregulate the downstream oil sector on the 27th of February 2009. Government’s decision to “hands –off” and allow full participation of the private sector, is mainly due to what it says is the un-sustainability of continued subsidy spent on the sector. Several interest groups have expressed reservations over the proposed plan for various reasons, which include an anticipated increase in the price of petrol and subsequent hardship for the masses. Despite the outcry, the Federal Government continues to reaffirm its commitment to deregulation of the sector. Poll Result In a recent survey conducted by NOI Polls to assess public sentiments on the planned policy change, Nigerians were asked if they are aware of the government’s intention to deregulate the downstream oil sector and if they are aware that removal of subsidies is part of the deregulation process. 74% of the people surveyed said they are aware of the planned deregulation in the sector. This figure shows an increase in awareness levels from 58% in March 2009 to 74% in November 2009; however, awareness that removal of subsidies is a major part of the deregulation process was only 58%. In addition, about half of the people (52%) who said they are aware of the planned deregulation ‘said they do not think the policy change in the sector would be favourable to Nigerians. This figure is significantly lower than the proportion (85%) who said the same, in a similar poll conducted in March 2009. The data indicates a marked change in opinions between March and November 2009. This might be explained by the increase in public debate over the issue. Provision of Infrastructure The Government estimates that it spends around N600 billion annually on petroleum subsidies, thus with the removal of subsidies, a substantial amount of money would be saved each year. In the poll, Nigerians were asked what they think the government should do with the money saved from subsidies on petroleum products. Investment in Infrastructure and agriculture (both 23% each) were the most common responses given by the people surveyed. 17% of the people polled volunteered investment in social services such as free health care, while 11% mentioned investment in educational reforms. These results are based on 1034 telephone interviews with randomly selected phone–owning Nigerians aged 16 years and older, across the six geographical regions of the country. The poll was conducted between November 13 and 19, 2009. With a sample of this size, we can say with 95% confidence that the results have a statistical precision of plus or minus 3 percentage points of what they would have been if the entire population had been surveyed. This poll is part of the ongoing snap poll exercise conducted by NOI Polls to rapidly assess public sentiments following various social, political or economic events. NOI Polls is a Nigeria-based opinion research organization which works in technical partnership with Gallup Polls (USA), to conduct periodic opinion polls on various socioeconomic issues in Nigeria.

Abuja, Nigeria. August 26, 2009 – In recent weeks, Nigerians have learnt that five major local banks had non-performing loans in excess of N700 billion, thus depleting shareholder’s funds. In reaction to this, the Central Bank of Nigeria (CBN) dismissed the top management of the affected banks and injected over N400 billion into the banks. Despite these developments, Seven in Ten Nigerians say they have confidence in the Nigerian banking sector. In the recent survey conducted by NOI Polls, 87 percent of the respondents were aware of the recent occurrence in the banking sector. Over 80 percent of those who were aware of the latest development in the sector approved of the course of action taken by the CBN. When asked “Do you think the Central Bank of Nigeria is doing enough to protect banking customers”, eight in ten respondents voiced their agreement with the measures taken by the premier bank to protect banking customers. In addition, 71 percent of the people polled expressed confidence in the banking sector (Agree and strongly agree). The polls show a general consensus among respondents in the ability of the Central bank to safeguard bank deposits and investor’s funds. The recent action by the central bank has, if anything, served to strengthen Nigerians confidence in the sector. These results are based on 620 telephone interviews with randomly selected phone–owning Nigerians aged 16 years and older, across the six geographical regions of the country. The poll was conducted between August 20 and 24th, 2009. In a sample of this size, we can say with 95% confidence that the results have a statistical precision of plus or minus 4 percentage points of what they would have been if the entire population had been surveyed. This poll is part of the ongoing snap poll exercise conducted by NOI Polls to rapidly assess public sentiments following various social, political or economic events. NOI Polls is a Nigeria based opinion research organization which Works in technical partnership with Gallup Polls (USA), to conduct periodic opinion polls on various socioeconomic issues in Nigeria. Abuja, Nigeria. August 26, 2009 – In recent weeks, Nigerians have learnt that five major local banks had non-performing loans in excess of N700 billion, thus depleting shareholder’s funds. In reaction to this, the Central Bank of Nigeria (CBN) dismissed the top management of the affected banks and injected over N400 billion into the banks. Despite these developments, Seven in Ten Nigerians say they have confidence in the Nigerian banking sector. In the recent survey conducted by NOI Polls, 87 percent of the respondents were aware of the recent occurrence in the banking sector. Over 80 percent of those who were aware of the latest development in the sector approved of the course of action taken by the CBN. When asked “Do you think the Central Bank of Nigeria is doing enough to protect banking customers”, eight in ten respondents voiced their agreement with the measures taken by the premier bank to protect banking customers. In addition, 71 percent of the people polled expressed confidence in the banking sector (Agree and strongly agree). The polls show a general consensus among respondents in the ability of the Central bank to safeguard bank deposits and investor’s funds. The recent action by the central bank has, if anything, served to strengthen Nigerians confidence in the sector. These results are based on 620 telephone interviews with randomly selected phone–owning Nigerians aged 16 years and older, across the six geographical regions of the country. The poll was conducted between August 20 and 24th, 2009. In a sample of this size, we can say with 95% confidence that the results have a statistical precision of plus or minus 4 percentage points of what they would have been if the entire population had been surveyed. This poll is part of the ongoing snap poll exercise conducted by NOI Polls to rapidly assess public sentiments following various social, political or economic events. NOI Polls is a Nigeria based opinion research organization which Works in technical partnership with Gallup Polls (USA), to conduct periodic opinion polls on various socioeconomic issues in Nigeria.

As the global financial meltdown bites harder on countries across the world, Nigerians are increasingly feeling the impact. And more than half of the citizens of this country believe, in spite of various efforts to mitigate the effects of the crisis, that government is not doing enough to confront the crisis. Specifically, 56 percent of respondents in the latest NOI snap poll are of the view that government needs to do more. Comparatively, only 33 percent of those interviewed thought that government is doing enough to address the crisis. It is intriguing that 5 percent of respondents did not know if there was any government strategy to address the economic crisis There is even greater consensus regarding the effects of the crisis. A whopping 85 percent of those interviewed said that they are definitely being affected in one way or the other. The most commonly cited impact for 61 percent of poll respondents was higher food prices. Likewise, 62 percent of the people polled for the survey observed that the cost of living had risen since the onset of the crisis. Naira depreciation was also cited as an important effect of the crisis by 34 percent of respondents, and 35 percent of the people polled had been affected by job losses. Increased energy costs (of petrol and diesel) were taking a bite out of personal incomes for 14 percent of respondents, and 7 percent had lost investments due to the collapse of the stock market. 3 percent of the poll respondents had also been hit by tax increases and higher bank lending rates. On the contrary, 11 percent of respondents had not been affected by the economic crisis. Respondents for the snap poll were randomly selected from a database of phone-owning Nigerians compiled by NOI Polls in collaboration with Gallup Poll USA. 527 people took part in the telephone interviews over a four day period from March 18 to 23, 2009. 69 percent of respondents were male, while 31 percent were female. NOI Polls adopts scientifically robust techniques in conducting opinion surveys. The snap polls are valid within a statistical margin of error, also known as a 95 percent confidence interval. In the poll, respondents were asked whether they had been affected by the economic crisis, and to choose from a series of possible effects on their businesses and families. They were also asked if the government was taking adequate steps to protect Nigerians from the crisis. The findings of the latest NOI snap poll reflects a trend of deep and increasing anxiety across the globe precipitated by the decline in economic health of countries in all parts of the world. World economic growth is predicted to be a measly ½ percent, as the credit crunch bites deep into the world’s largest economies. The oil price tumbled from a record high of US$147 in July 2008 to US$45 in March 2009. Given that oil and gas exports constitute 98 percent of Nigeria’s export earnings, the country faces an oil price shock in 2009. There has been an unprecedented short-term depreciation in the exchange rate of Naira to the US Dollar from N 117/US$1 in mid-2008 to N174/US$1 in March 2009. The value of traded equities in the Nigerian stock market fell by 60 percent between August 2008 and January 2009. Inflation, interest rates and unemployment are on the increase, as individuals and businesses alike grapple with the challenging economic conditions. Previous snap polls by NOI Polls include an assessment of public reaction to Nigeria’s ceding of the Bakassi Peninsula to Cameroun, the causes of the outbreak of violence in Jos, and Nigerians expectations of the first black President of the United States, Barrack Obama.