[Aadolf]

Nigeria’s Air Conditioner market is projected to grow at a CAGR of 5.70% during 2016-22. In 2015, Nigerian air conditioner market declined due to declining oil prices and weak economic conditions. The economy is expected to regain growth in the next two years, which would drive several infrastructure development activities in the country. Over the next six years, centralized air conditioner market is estimated to grow at a healthy growth rate owing to increasing construction activities in commercial sector.

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