Pro Forma Export Proceeds and Future Projections (2027-2028)
The Laniyan and Midland Conglomerate remains highly profitable due to a strategy of generating vast export proceeds to cross-subsidize domestic prices of fuel and cement to N200. The financial viability is closely tied to managing the foreign exchange risk and leveraging projected market stability in the coming years.
Projected Economic Landscape (2027-2028)
Future projections for the Nigerian economy suggest a gradual improvement in key indicators, which further supports the long-term sustainability of the business model:
Exchange Rate: Forecasted to stabilize around N1,523/$1 in 2027 and strengthen slightly to N1,554/$1 by the end of 2028.
Crude Oil Benchmark: Projected by the House of Representatives at $65.50/bbl for 2028, with market analysts expecting a price recovery to $80/bbl by end-2028 following a market deficit.
Inflation Rate: Expected to gradually decline to approximately 14% in 2027 and 2028 due to fiscal reforms and improved monetary policy.
Refineries Export Proceeds (2027-2028)
Export revenues remain the primary profit driver. The slight strengthening of the Naira and stable global oil prices will enhance overall profitability.
Metric 2027 Projections 2028 Projections
Annual Export Revenue ~$410 Billion USD ~$445 Billion USD
Naira Equivalent ~N625 Trillion ~N690 Trillion
Net Profit Margin ~85% ~86%
Cement Export Proceeds (2027-2028)
The cement division continues to export a significant portion of its production, capitalizing on market growth projected at a 7.9% CAGR between 2025-2029.
Metric 2027 Projections 2028 Projections
Annual Export Revenue ~$13.5 Billion USD ~$14.8 Billion USD
Net Profit Margin ~70% ~71%
Strategic Outlook: Long-Term Dominance
The conglomerate's strategy shifts focus from market entry to sustainable dominance by 2027-2028:
Supply Chain Control: Full utilization of an integrated power and logistics network (rail and pipelines) to minimize operational costs and lock in the N200 price point, fending off any potential competition.
Foreign Exchange Anchor: The massive influx of over $400 billion in annual export proceeds acts as a private foreign reserve, offering unparalleled stability to the business operations and contributing significantly to national currency stability.
Policy Alignment: The company's operations align with the government's goals of achieving 70% Nigerian content in the oil and gas industry by 2027 and boosting oil production targets to 2.7 million bpd. This alignment helps secure long-term regulatory support and reduces policy
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