I cannot blame them for being disinterested in investing. I may be in such a situation if had bad experiences in venturing to business or businesses that failed in the long run.
Why investment rate is declining in Nigeria
- Thread starter hastral45
- Start date
True apart from that, most companies have left Nigeria due to the fact that there is no stable power supply, hence they would not want to startup any investment here, they would rather go to places where there is stable power supply.
In my opinion, the decline in the investment rate is not because of the state, but because the government or officials are corrupt, so that investors, especially from foreign countries, will think twice about investing, of course there will be big losses. Maybe the best way is to change the state leadership and officials.
This is a downside of having business with existing and potential investors. If I were in their shoe, I would not take the risk. It needs to think more than twice before entering into this kind business.
Also a lot of people have been scammed over the years when they are trying to invest in one project or another which is why they are no longer interested.
A lot of things are causing decrease in the investment rate of Nigeria. Some of them are lack of good infrastructures, insecurities, selfish minds, lack of trust and so on
The Nigerian economy is wobbly and not really strong enough to attract direct investment from other countries.
