[url]Analysis: Indications That Most Geo Political Zones in Nigeria are Safe for Doing Business[/http://ringuardconsult.com/index.php/news-from-the-regions/item/440-indications-that-most-geo-political-zones-in-nigeria-are-safe-for-doing-business.html]

Undoubtedly, Nigeria has for more than seven years now suffered myriad of daunting socio-economic setbacks, ranging from insecurity heightened of course by the infamous Boko Haram sects's attacks in the North East, kidnapping and armed robbery across other geo-political zones in country.

Even though, there are pockets of reports bothering on insecurity here and there across the country, but one can confidently say there is relative peace conducive for business and investment in most geo political zones except the Northeast that is still experiencing reprisal attacks once in a while by the Boko Haram insurgents.

On the economic front, instability in the country’s foreign exchange market has also continued to impact negatively on the value of the Naira since the inception of the Muhammadu Buhari administration, largely due to the drop in the price of crude Oil. This are hard times for the nation, even though there are indices coming from the Ministry of Finance and the Central Bank of Nigeria indicates that Nigeria's economy is gradually stabilising.

The governor of the Central Bank of Nigeria CBN, Godwin Emefiele recently updated the president, Muhammadu Buhari on the efforts being made by the apex bank to stabilize the local currency.

The governor stated that the economy was looking good with the rising price of crude oil which he said was “oscillating between $50 to $55 and $56” per barrel, adding that the rise in crude oil prices at the international market was a boost to the stability of Naira.

asohnelson:
[url]Analysis: Indications That Most Geo Political Zones in Nigeria are Safe for Doing Business[/http://ringuardconsult.com/index.php/news-from-the-regions/item/440-indications-that-most-geo-political-zones-in-nigeria-are-safe-for-doing-business.html]

Undoubtedly, Nigeria has for more than seven years now suffered myriad of daunting socio-economic setbacks, ranging from insecurity heightened of course by the infamous Boko Haram sects's attacks in the North East, kidnapping and armed robbery across other geo-political zones in country.

Even though, there are pockets of reports bothering on insecurity here and there across the country, but one can confidently say there is relative peace conducive for business and investment in most geo political zones except the Northeast that is still experiencing reprisal attacks once in a while by the Boko Haram insurgents.

On the economic front, instability in the country’s foreign exchange market has also continued to impact negatively on the value of the Naira since the inception of the Muhammadu Buhari administration, largely due to the drop in the price of crude Oil. This are hard times for the nation, even though there are indices coming from the Ministry of Finance and the Central Bank of Nigeria indicates that Nigeria's economy is gradually stabilising.

The governor of the Central Bank of Nigeria CBN, Godwin Emefiele recently updated the president, Muhammadu Buhari on the efforts being made by the apex bank to stabilize the local currency.

The governor stated that the economy was looking good with the rising price of crude oil which he said was “oscillating between $50 to $55 and $56” per barrel, adding that the rise in crude oil prices at the international market was a boost to the stability of Naira.

Still using the resources of the hated 5% for the benefit of 97%.

Yet, the 5% are not useful.

Ok

.