Starting a Business in Nigeria is Difficult

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These days, it has become so difficult for someone to start a business in Nigeria.
A research has it that has suddenly been hampered by the bureaucracy of the government and this has a lot of people forced to submit to the option of a involving a third party agent for assistance in business registration.


Another factor contributing to this situation is the issue of power in the country; yet another is accessibility to credit acquisition – lots of procedures to get loans these days.

A survey was carried out amongst about 189 countries in the world and Nigeria was rated the 21st worst country to do business, that is being on the 169th point on the ladder. This survey was further narrowed down to Africa and Nigeria still nowhere close to a go – it is ranked on the 39th pint of the ladder.

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