How is the business terrain in your country? is it viable

[cherry123]

Can you invite people over to your country to start a business. How is the business terrain there?

 

[Shavkat]

I am sure that it is not the right time to invest in my country due to the downside effects of the pandemic. This is my personal opinion about this matter.

 

[Niyi Briggs]

It is very viable in my country. The only bad thing is that the cost of doing business in my country is very high. That's the only challenge.

 

[eldavis]

Here in Nigeria, there are lots of foreigners who come into the country to start up their own business here. They do not have to worry about paying water bills or all the unnecessary tax they face in other countries.

 

[cherry123]

I agree with you doing business in Nigeria is viable The only thing is the high cost of doing business like electricity generation and having the right man power sometimes

 

[Niyi Briggs]

While it is relatively easy to come into Nigeria and start a business, the lack of power supply has largely limited businesses. It is not easy to provide your own electricity.

 

[Reedex]

Almost everything sells in my country and its a commercialised area and an economic hub for Africa.

 

[Magnus2022]

Nigeria is viable as far as business is concerned but insecurity is endangering the economy. Let's pray that Nigeria government can be able to overcome this insecurity challenges.

 

[cherry123]

inflation is high biw but it could be very viable for some business. The bad thing is that the cost of doing business is very high. That's because of low amenities

 

[nomad]

the market is very favorable for businesses in my home country, however, due to political instability businesses are not doing good in the country. The government frequently changes and policy also changes.

 

[IB D]

Almost everything sells in my country and its a commercialised area and an economic hub for Africa.

Everything you sell in my country, you would have a market for it. The business terrain is so viable. Foreign investors fall over themselves to set up businesses im Nigeria.

 

[Heatman]

Can you invite people over to your country to start a business. How is the business terrain there?

Unfortunately, the situation of my country is not favorable to even those that have businesses here already and I'm not sure it is something wise for another person from another country to come and start any business here. It is why we don't have investors in the country.

 

[cherry123]

Yeah the situation is not favourable for now it is just the way the country is now. inflation has taken over the economy and business are really suffering. it is not easy here.