How government are affecting business

[hastral45]

Hopefully, it is expected that every successive governments should strive to see to the growth of businesses in Nigeria. During their campaign, they made several promises on how how they intend to promote business once elected into office.
Disappointedly, reverse is the case. Once they got into offices, they introduced several unfriendly policies that would hamper the growth of business. Several bottlenecks bureaucracy are introduced. All public enterprises are strangled so as to pave way for their personal businesses established in abroad. They kill exportation and boost importation from their foreign companies. What hope do we have in Nigeria to ensure the scenario is reversed?.

 

[relcap23]

Your legislators must enact laws that is business friendly. They should create policies that will entice investors to do business in your country by providing incentives.

 

[uptrendfinancialsignal]

The policies that are made by the government has a great influence on the productivity of businesses.

 

[IB D]

Government can affect businesses by creating enabling environments for businesses to strive. That can be achieved through infrastructure and policy. It acts as the regulator and meditator to private firms.

 

[Suba]

Election of officials or members of the council, of course those candidates for office will make empty promises, or just give false hopes, they also need high costs to promote themselves, so that after they are elected they no longer think about the people or small business people, they even often suppressing and shutting down small businesses so they can operate their big businesses.

 

[IB D]

The truth is that if a core business person is not elected into office, there would be no change. I know that Donald Trump's regime was good for businesses because he was a core business man and understood the challenges facing businesses.

 

[Shavkat]

It can affect the businesses if the local government imposed so many requirements to be met. Another thing, it can affect if they are going to fully control them, which it happens in China.

 

[Chibson]

Well, it is the responsibility of government in any country to provide a safe and conducive environment for businesses to thrive. When that is not done a lot of businessess will die off.

 

[Niyi Briggs]

Government affect businesses by the kind of policies they make in the country. One way the government bears it's weigh in businesses is through taxation and regulatory laws.

 

[hastral45]

Government affect businesses by the kind of policies they make in the country. One way the government bears it's weigh in businesses is through taxation and regulatory laws.

Our government are unfriendly in their policies. They are not patriotic enough to crave for the development of the country. They use their loot to invest abroad and import their products into the country for sale. They do not pay taxes but imposes heavy taxes on local businesses so as discourage them. They encourage foreign businesses at the expense of the local businesses to flourish.

 

[Chibson]

Government affect businesses by the kind of policies they make in the country. One way the government bears it's weigh in businesses is through taxation and regulatory laws.

Yeah, government sometimes determines if a particular business venture will be successful or not. The kind of taxes they implement will also have an effect.

 

[eldavis]

The truth of the matter is that most of our government today do not care about business owners, especially the small business owners. There are no business friendly laws that would help make things a lot easier for the business owners.

 

[Chibson]

Government will always do what will generate income for them. That is why in some countries they always tax business is whether small or big. It is also the major reason small businesses do not survive easily.

 

[Etini Willie]

Government affect businesses through the economic policies that they make. Like in my country, the borders have been closed. And this has affected some businesses positively and some negativel. That's why businesses lobby government.

 

[Heatman]

Hopefully, it is expected that every successive governments should strive to see to the growth of businesses in Nigeria. During their campaign, they made several promises on how how they intend to promote business once elected into office.
Disappointedly, reverse is the case. Once they got into offices, they introduced several unfriendly policies that would hamper the growth of business. Several bottlenecks bureaucracy are introduced. All public enterprises are strangled so as to pave way for their personal businesses established in abroad. They kill exportation and boost importation from their foreign companies. What hope do we have in Nigeria to ensure the scenario is reversed?.

One of the biggest ways government are affecting businesses with what they are doing is by the high taxes they are forcing businesses to pay.

 

[Bisolami]

The policies that are made by the government has a great influence on the productivity of businesses.

Another thing is the tax that the government officials places on business. The tax is always too much that some companies especially the small companies may not be able to pay how much money they were asked to pay

 

[Desireu30b]

I think some make wicked policies that will make people go out of business.
Like adding high VAT,
Collecting more revenue to the amount a business produce in a month.
Not making environment conducive.

 

[Heatman]

Another thing is the tax that the government officials places on business. The tax is always too much that some companies especially the small companies may not be able to pay how much money they were asked to pay

The tax is which businesses paid today is always very high which is always affecting their profit-making in the business and it's not good what the government is doing.

 

[Bisolami]

It is very high and it is also like that in my country but I believe the government can do well by reducing how much money that businesses pay for tax instead of taxing them so high

The tax is which businesses paid today is always very high which is always affecting their profit-making in the business and it's not good what the government is doing.

 

[Springtime]

Government may affect businesses in many ways. Taxation policy, increasing or lowering interest rates and other regulatory measures may affect how the business operates and its profitability. That's why business associations, chambers of commerce are keeping in touch with government officials to offer their opinion and feedback on government policies.