Wednesday 30 October 2013

World Bank ranks Nigeria 122nd best place to start a business

Lol@!.  Nigerians,please don't blame me on laughing on this one. This is just hilarious!!!
      Okay,it is not the best place to start a business,but it is a Great place to distribute your business!,ehn!!
There aint a product from around the world,that isnt found in Nigeria Markets,and that is because we dont trust our manufacturers back here.  The bad eggs among our manufacturers could make great products for 2 years,and then after that period,they start introducing substandard goods,to rip off Nigerians,because they feel the trust is already there.  What a backward and cynical way to think!!!.
    Most people will get angry and might even blame it on rasicm;but that is not the case today(believe me you).
       Reports show that Rwanda an Afican country(i might add),ranked 32nd on the list; adding that nine African countries make up the top 20 most improved in terms of business regulations since
2009!!:Benin,Burundi,Cote'd'Ivoire,Guinea-Bissau,Ghana,Liberia,Sierra-Leone,Togo,and,Rwanda.
The report said economies are ranked on their ease of doing business, from 1 – 189. A high ranking on the ease of doing business index means the regulatory environment is more conducive to the starting and operation of a local firm. - See more at: http://www.vanguardngr.com/2013/10/world-bank-ranks-nigeria-122nd-best-place-business/#sthash.R0tpEOyQ.dpuf
        Now,these rankings are based on their ease of doing business;from 1-189.  It is a huge embarrasment that out of a total of 189 coutries evaluated, our Great Nation was ranked 185th.
 A high ranking on the ease of doing business index means the Regulatory Environment is more conducive to the starting and operation of a local firm.  How much are our regulatory agencies helping or marring local firms.  It is a very broad subject..
     I was opportuned to visit The Republic Of Togo,and the demeanor of their Regulatory officials towards foreigners was positively alarming.  You could take what you can and not what you cant.
I cant say the same about our own border;you could take in what you can and also what you cant!!
  Do not just get angry,WE are Nigeria.  Play your part in your various Market Places.
The report said economies are ranked on their ease of doing business, from 1 – 189. A high ranking on the ease of doing business index means the regulatory environment is more conducive to the starting and operation of a local firm. - See more at: http://www.vanguardngr.com/2013/10/world-bank-ranks-nigeria-122nd-best-place-business/#sthash.R0tpEOyQ.dpu
t nine African countries make up the top 20 most improved in terms of business regulations since 2009: Benin, Burundi, Cote d’Ivoire, Ghana, Guinea-Bissau, Liberia, Rwanda, Sierra Leone, and Togo - See more at: http://www.vanguardngr.com/2013/10/world-bank-ranks-nigeria-122nd-best-place-business/#sthash.R0tpEOyQ.dp
t nine African countries make up the top 20 most improved in terms of business regulations since 2009: Benin, Burundi, Cote d’Ivoire, Ghana, Guinea-Bissau, Liberia, Rwanda, Sierra Leone, and Togo - See more at: http://www.vanguardngr.com/2013/10/world-bank-ranks-nigeria-122nd-best-place-business/#sthash.R0tpEOyQ.dpuf
t nine African countries make up the top 20 most improved in terms of business regulations since 2009: Benin, Burundi, Cote d’Ivoire, Ghana, Guinea-Bissau, Liberia, Rwanda, Sierra Leone, and Togo. - See more at: http://www.vanguardngr.com/2013/10/world-bank-ranks-nigeria-122nd-best-place-business/#sthash.R0tpEOyQ.dpuf
t nine African countries make up the top 20 most improved in terms of business regulations since 2009: Benin, Burundi, Cote d’Ivoire, Ghana, Guinea-Bissau, Liberia, Rwanda, Sierra Leone, and Togo. - See more at: http://www.vanguardngr.com/2013/10/world-bank-ranks-nigeria-122nd-best-place-business/#sthash.R0tpEOyQ.dpuf
t nine African countries make up the top 20 most improved in terms of business regulations since 2009: Benin, Burundi, Cote d’Ivoire, Ghana, Guinea-Bissau, Liberia, Rwanda, Sierra Leone, and Togo. - See more at: http://www.vanguardngr.com/2013/10/world-bank-ranks-nigeria-122nd-best-place-business/#sthash.R0tpEOyQ.dpuf
t nine African countries make up the top 20 most improved in terms of business regulations since 2009: Benin, Burundi, Cote d’Ivoire, Ghana, Guinea-Bissau, Liberia, Rwanda, Sierra Leone, and Togo. - See more at: http://www.vanguardngr.com/2013/10/world-bank-ranks-nigeria-122nd-best-place-business/#sthash.R0tpEOyQ.dpuf

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