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"Every Business Is Struggling In Nigeria" - BBC - Business - Nairaland

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"Every Business Is Struggling In Nigeria" - BBC by johntaiwo123(m): 7:00am On Aug 24, 2016
"Every business is struggling in Nigeria"
Nigeria's economy is under pressure. It is almost entirely dependent on its oil exports and the slump in the price of oil means fewer petrodollars coming in. The currency, the Naira, has fallen sharply and there have been warnings that a recession is likely. A number of foreign investors have pulled out. Gbenga Sesan is a Social Entrepreneur who runs "Paradigm Initiative Nigeria" which provides ICT learning for young Nigerians who need this opportunity. Newsday's Alan Kasujja asked him what it is like doing business in this economic climate?

(Picture: Gbenga Sesan. Credit: Gbenga Sesan)

Source: http://www.bbc.co.uk/programmes/p045pgvc
Re: "Every Business Is Struggling In Nigeria" - BBC by aleshsenior2000(m): 8:43am On Aug 24, 2016
Getting Hopeless. Prophet Onatisi , what your intake.

7 Likes 1 Share

Re: "Every Business Is Struggling In Nigeria" - BBC by DIFY20(f): 12:10pm On Aug 24, 2016
OK


With the new cargo airport in enugu now and new seaport under construction in calabar and akwa ibom ...south east and south south we are immune from bad news... Lets patronize each other and leave bad belle ofonjas alone

63 Likes 4 Shares

Re: "Every Business Is Struggling In Nigeria" - BBC by idris4r83(m): 12:11pm On Aug 24, 2016
What of olosho business

4 Likes 2 Shares

Re: "Every Business Is Struggling In Nigeria" - BBC by Vicadonis(m): 12:11pm On Aug 24, 2016
We know. BBC should stop reminding us

Buhari no get anything to offer

22 Likes 2 Shares

Re: "Every Business Is Struggling In Nigeria" - BBC by GasAndOilTheory(m): 12:11pm On Aug 24, 2016
ms

123 Likes 6 Shares

Re: "Every Business Is Struggling In Nigeria" - BBC by eleojo23: 12:11pm On Aug 24, 2016
The slumping oil prices is a factor but Buhari has a large chunk of the blame for this.

He came in telling us there was no money in the treasury yet he made about 20 foreign trips within one year with the little money we had.

And the sad thing is, the trips yielded nothing. He just wasted our money on fruitless trips.

For instance, where is the much talked about yuan swap deal with China? What happened to it?

It was all propaganda.

104 Likes 6 Shares

Re: "Every Business Is Struggling In Nigeria" - BBC by dotna(m): 12:11pm On Aug 24, 2016
Telling us what we already know

6 Likes 1 Share

Re: "Every Business Is Struggling In Nigeria" - BBC by Debaddest(m): 12:11pm On Aug 24, 2016
And some Zombies will still come and shout Sai Baba

22 Likes 1 Share

Re: "Every Business Is Struggling In Nigeria" - BBC by MissingBudget: 12:11pm On Aug 24, 2016
BBC has joined IPOB yoots in tarnishing the good works of Buhari. Sai baba till 2023. grin

42 Likes 2 Shares

Re: "Every Business Is Struggling In Nigeria" - BBC by Vicadonis(m): 12:11pm On Aug 24, 2016
idris4r83:
Way

What is way? space booker
Re: "Every Business Is Struggling In Nigeria" - BBC by GasAndOilTheory(m): 12:12pm On Aug 24, 2016
Even Olosho business thrives nolonger shocked undecided

3 Likes 1 Share

Re: "Every Business Is Struggling In Nigeria" - BBC by Vicadonis(m): 12:12pm On Aug 24, 2016
DIFY20:
D

D for President Buhari

1 Like

Re: "Every Business Is Struggling In Nigeria" - BBC by ReverseEngineer: 12:12pm On Aug 24, 2016
This isn't news. The Nigerian business Environment is grossly unfavorable. From multiple tax burdens to unstable forex. To survive as an entrepreneur in Nigeria requires twice the effort to do the same in the Western world.

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1 Like

Re: "Every Business Is Struggling In Nigeria" - BBC by Nobody: 12:12pm On Aug 24, 2016
BBC chill, Buhari will settle it after he visit Indonesia...

1 Like 1 Share

Re: "Every Business Is Struggling In Nigeria" - BBC by steppin: 12:12pm On Aug 24, 2016
Before nko?

1 Like

Re: "Every Business Is Struggling In Nigeria" - BBC by LesbianBoy(m): 12:12pm On Aug 24, 2016
Nansense! BBC is owned by an IPOD yoot who is only wailing because his hero jonathan lost election
- Tribalistic Zombies


Abeg buhari is a failure jare make we talk true! angry

53 Likes 2 Shares

Re: "Every Business Is Struggling In Nigeria" - BBC by LORDOFAFONJAS: 12:12pm On Aug 24, 2016
PMB came to kill, to steal, and to destroy cool

51 Likes 4 Shares

Re: "Every Business Is Struggling In Nigeria" - BBC by Pidggin(f): 12:12pm On Aug 24, 2016
Except propaganda

5 Likes 1 Share

Re: "Every Business Is Struggling In Nigeria" - BBC by 4lashyme: 12:14pm On Aug 24, 2016
sure. our past and current system including us all to be thank for this situation. but alas there is hope. from the pits of corruption, poor health care, poor education, high youth unemployment, and bad government, we can rise to become great.
Re: "Every Business Is Struggling In Nigeria" - BBC by ashile(m): 12:14pm On Aug 24, 2016
Gradually we are going back to.farming but the thing is that its would be small scale farming.

Me and my family alone

God help us

1 Like

Re: "Every Business Is Struggling In Nigeria" - BBC by bluaero(m): 12:14pm On Aug 24, 2016
Good morning BBC. Soon international headlines will look like this:

Buhari is a dog - BBC

Buhari is a goat - Al Jazeera

Buhari is a pig - CNN

37 Likes 4 Shares

Re: "Every Business Is Struggling In Nigeria" - BBC by amtalkin(f): 12:14pm On Aug 24, 2016
This people should stop remaining us of our problem....

BBC forming wailers since they know the true meaning of chanji

2 Likes

Re: "Every Business Is Struggling In Nigeria" - BBC by Lighthouseman: 12:14pm On Aug 24, 2016
BBC is generalizing the problem.. Some businesses are thriving but most are suffering especially due to the inflation.

BBC was part of the group that put this government on us bu their skewed reportage against the government of then Goodluck Jonathan.

Now they are forming wailers too

18 Likes

Re: "Every Business Is Struggling In Nigeria" - BBC by kaen1317: 12:16pm On Aug 24, 2016
Really struggling with the high cost of energy and low patronage. Praying for this change to come. Some would say they want our corruption back. At least then there was good to eat. Never really know what you have till you lose it.

7 Likes 1 Share

Re: "Every Business Is Struggling In Nigeria" - BBC by jejematic(m): 12:16pm On Aug 24, 2016
It soon will be over.
Re: "Every Business Is Struggling In Nigeria" - BBC by Nobody: 12:17pm On Aug 24, 2016
God is in control, no shaking

4 Likes

Re: "Every Business Is Struggling In Nigeria" - BBC by pointstores(m): 12:17pm On Aug 24, 2016
we need divine intervetion

2 Likes

Re: "Every Business Is Struggling In Nigeria" - BBC by Femich18(m): 12:18pm On Aug 24, 2016
DIFY20:
OK


With the new cargo airport in enugu now and new seaport under construction in calabar and akwa ibom ...south east and south south we are immune from bad news... Lets patronize each other and leave bad belle ofonjas alone
Is that the way forward? Tribalism have eaten deep into your bone marrow

1 Like

Re: "Every Business Is Struggling In Nigeria" - BBC by otokx(m): 12:18pm On Aug 24, 2016
Not true, church business is doing very well.

3 Likes

Re: "Every Business Is Struggling In Nigeria" - BBC by damola311: 12:18pm On Aug 24, 2016
That's a lie, zombies business are flourishing

9 Likes 1 Share

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