Why investment rate is declining in Nigeria

[hastral45]

The growth of economy in any country depends upon the index of investment. When there is increase in the investment index, automatically, the economy will equally booms. Investment in Nigeria is not growing at all because of certain factors. There are lots of bottlenecks bureaucracy which must be comply with. Corruption among government officials would not allow them to perform official duty necessary to officiate business registration. The amount demanded as kickback is too frustrating which would drive off prospective investors.

 

[cherry123]

insecurity plays a big role here this has made hoth local and foreign investors not lto do business here it is really appalling as crime is really Is in tthe increase

 

[uptrendfinancialsignal]

Poor working condition is one of the things that contributed to reduced investment in Nigeria.

 

[Etini Willie]

One thing that investors look at is market. The purchasing power of an average Nigerian is low and doesn't assure investors that they would get patronage for their business and products.

 

[cherry123]

Lack of market can also make investors to decline from making any entrance into the market for any kind of investment. When goods would not be bought there no need entering the market

 

[Stardom22]

Investments might be declining in the nation of Nigeria because the country imposes political instabilities that Keep the country's peace and security at stake. This however keeps the investors uncertainty for making investment in the country.

 

[cherry123]

The thing is that the economy is just in bad state now. They are no good infrastructure on ground to help investors move their business further so it becomes a struggle for every one.

 

[Yohanna]

If the government of a country are not providing adequate and necessary facilities, it will result in low investment.

 

[cherry123]

Sure government of a country needs to do more to provide for the economy are not providing adequate and necessary facilities will hinder investment from outsiders and it will result in low investment.

 

[hastral45]

Investments might be declining in the nation of Nigeria because the country imposes political instabilities that Keep the country's peace and security at stake. This however keeps the investors uncertainty for making investment in the country.

Politicians are the major key player in poor economic condition bedeviled our country. They kill our our economy for their selfish interest. They all have their investments in foreign countries and kill local investments here. That explains why there is high rate of unemployment here.

 

[Stardom22]

I pity that nation for sure. Nigeria's economy is supposed to have been far much better compared to the rest of the African countries bearing in mind that it's an oil producing country.

 

[hastral45]

Lack of market can also make investors to decline from making any entrance into the market for any kind of investment. When goods would not be bought there no need entering the market

When you are talking about market, Nigeria is blessed with marketing potentiality. Nothing is introduced into Nigeria markets without having sales. It all depends on your packaging and branding.

 

[Stardom22]

So I don't understand where you are failing as a country. I think your government is mostly to be blamed for the economic stagnation of the country. So I pity that nation so much.

 

[uptrendfinancialsignal]

So I don't understand where you are failing as a country. I think your government is mostly to be blamed for the economic stagnation of the country. So I pity that nation so much.

The government is very bad. Nigeria would have been the best country in Africa because we have everything but we lack leadership.

 

[Heatman]

The growth of economy in any country depends upon the index of investment. When there is increase in the investment index, automatically, the economy will equally booms. Investment in Nigeria is not growing at all because of certain factors. There are lots of bottlenecks bureaucracy which must be comply with. Corruption among government officials would not allow them to perform official duty necessary to officiate business registration. The amount demanded as kickback is too frustrating which would drive off prospective investors.

The obvious reason why investment rate is going down in Nigeria is as a result of high cases of scam that is going on with several investment project that are being promoted for people.

 

[Shavkat]

I think the poor economy is the culprit for having this situation. Investors cannot take the risks if the situation is like this. It is best for the local government to do something about it.

 

[eldavis]

The truth of the matter is that there are lots of Nigerians that do not even know the importance of investments while some due to past negative experience, they are no longer interested in investing.

 

[Heatman]

Poor working condition is one of the things that contributed to reduced investment in Nigeria.

Also for the fact that so many Investments that have been set up in Nigeria are set up by scammers makes a lot of people not to invest.

 

[Stardom22]

I think the thing that is killing the west African country is the political instabilities. As we all know that no investors whether a native or alien would like to invest in a country where there's no peace.

 

[astutimeliana723]

Maybe because of the lack of trust of investors with companies in Nigeria. In addition, the economic level, crime rate, people's purchasing power, etc. also affect investors' considerations and decisions to invest.