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13 African Countries Beat Nigeria In Forbes Business Ranking - Business - Nairaland

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13 African Countries Beat Nigeria In Forbes Business Ranking by Onyemadonald(m): 3:45am On Jan 05, 2019
Nigeria has emerged as the 110th Best Country for Business in the world, below South Africa, ranked 59, Morocco (62), Seychelles (66), Tunisia (82), Botswana (83), Rwanda (90), Kenya (93), Ghana (94), Egypt (95), Namibia (96), Senegal (100), Zambia (103) and Cape Verde (104).

For the past 13 years, Forbes has rated the business friendliness of the world’s biggest economies annually. The United Kingdom ranked first for the second year in a row on the strength of its workforce, innovation and lack of red tape.

Forbes determined the Best Countries for Business by rating 161 nations on 15 different factors which include property rights, innovations, technology, infrastructure, corruption, market size, political risk, quality of life, workforce, taxes, freedom (personal, trade and monetary), red tape and investor protection. Each category was weighted equally. Only the countries with data across at least 11 categories was included.

Forbes revealed that the U.K. was the only country to rank among the top 30 countries in each of the categories.

Nigeria ranking include 135 in trade freedom, 141 for monetary freedom, 116 for innovation and 93 for technology, 123 for technology, 105 for red tape, 37 for investor protection, 91 for personal freedom and 132 for tax burden.
Forbes said that though Nigeria has strong fundamentals, her economic potentials is been undermined by inadequate power supply, lack of infrastructure and other socioeconomic challenges.

It stated: “Despite its strong fundamentals, oil-rich Nigeria has been troubled by inadequate power supply, lack of infrastructure, delays in the passage of legislative reforms, an inefficient property registration system, restrictive trade policies, an inconsistent regulatory environment, a slow and ineffective judicial system, unreliable dispute resolution mechanisms, insecurity, and pervasive corruption.

“New investment in oil and gas have been limited by Regulatory constraints and security risks, and Nigeria’s oil production had been contracting every year since 2012 until a slight rebound in 2017

Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by Racoon(m): 3:52am On Jan 05, 2019
Nigeria has emerged as the 110th Best Country for Business in the world, below
-South Africa(59),
-Morocco(62),
-Seychelles(66),
-Tunisia(82),
-Botswana(83),
-Rwanda(90),
-Kenya(93),
-Ghana(94),
-Egypt(95),
-Namibia(96),
-Senegal(100),
-Zambia(103)
-Cape Verde(104).
Only under an economic illiterate and dull president with a "tradermoni-sharing" SAN VP backed by zombified asslickers.The world have long left Nigeria behind.
"Fighting corruption isn't an economic achievement.In 2015 unemployment was at 24%.Today it's at 40%."-Peter Obi.

"In 2015 we generated $41bn in Foreign Direct Investment, but now, we attracted only $12bn last year. Even our stock market has lost over N2Trillion in one year. You can’t shut down your shop and be chasing criminals"-Peter Obi.

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Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by Racoon(m): 4:04am On Jan 05, 2019
“Despite its strong fundamentals, oil-rich Nigeria has been troubled by inadequate power supply, lack of infrastructure, delays in the passage of legislative reforms, an inefficient property registration system, restrictive trade policies, an inconsistent regulatory environment, a slow and ineffective judicial system, unreliable dispute resolution mechanisms, insecurity, and pervasive corruption.
SMH!

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Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by bantudra: 4:20am On Jan 05, 2019
and....??

1 Like 1 Share

Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by ZombieTAMER: 4:23am On Jan 05, 2019
bantudra:
and....??

My brother... With a man like Buhari at the helm of affairs in the country....

I don't think it's a surprise...

1 Like 1 Share

Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by bantudra: 4:24am On Jan 05, 2019
ZombieTAMER:


My brother... With a man like Buhari at the helm of affairs in the country....

I don't think it's a surprise...

stfu...you never make sense....

1 Like

Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by ZombieTAMER: 4:26am On Jan 05, 2019
bantudra:


stfu...you never make sense....

Chanting sai barber definitely makes sense grin
Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by MANNABBQGRILLS: 4:28am On Jan 05, 2019
bantudra:


stfu...you never make sense....
You have time replying that tin!
Don't waste your time with him bro.
The more you reply him, the more trash he comes up with.
His posts says it all!

1 Like 1 Share

Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by oziamaka: 4:35am On Jan 05, 2019
where are these shameless retrogressive peoples when you need them to defend their incompetency? come and do you job here.

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Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by bantudra: 4:51am On Jan 05, 2019
ZombieTAMER:


Chanting sai barber definitely makes sense grin

no need to shout sai baba no more...now its 4+4....
Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by ZombieTAMER: 4:54am On Jan 05, 2019
bantudra:


no need to shout sai baba no more...now its 4+4....

Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by bantudra: 4:57am On Jan 05, 2019
ZombieTAMER:



wailing wall of the south yeast....
Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by ZombieTAMER: 4:59am On Jan 05, 2019
bantudra:


wailing wall of the south yeast....

1 Like

Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by bantudra: 5:03am On Jan 05, 2019
[quote author=ZombieTAMER post=74462895][/quote]

can you even make sense for once....

whats wrong with you...??

who shat in your head....??

cownunu....??
Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by ZombieTAMER: 5:13am On Jan 05, 2019
bantudra:


can you even make sense for once....

whats wrong with you...??

who shat in your head....??

cownunu....??

1 Like

Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by bantudra: 5:27am On Jan 05, 2019
[quote author=ZombieTAMER post=74463007][/quote]

chai....you are loosin it....
Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by ZombieTAMER: 5:32am On Jan 05, 2019
bantudra:

chai....you are loosin it....

1 Like

Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by bantudra: 5:40am On Jan 05, 2019
[quote author=ZombieTAMER post=74463155][/quote]

what is wrong with you....??

while others are busy repositioning themselfs after buhari,you are busy huntin buharis shadow....

chai...south east is not votin....

sooo,who is realy gonna challendge buhari...??

elections is only weeks away....

its over....
Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by bantudra: 5:41am On Jan 05, 2019
ZombieTAMER....come back here...let me deal with your fvck up....
Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by Nobody: 6:20am On Jan 05, 2019
WE ARE JUST GETTING STARTED. AM NOT SUPRIZE @ ALL SEEING THIS
Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by ZombieTAMER: 7:38am On Jan 05, 2019
bantudra:

what is wrong with you....??
while others are busy repositioning themselfs after buhari,you are busy huntin buharis shadow....
chai...south east is not votin....
sooo,who is realy gonna challendge buhari...??
elections is only weeks away....
its over....

Themselfs

Challendge

This boy... I have told you to leave Buhari backside and face your books... Waec is near
You won't listen... Now see the result..

2 Likes

Re: 13 African Countries Beat Nigeria In Forbes Business Ranking by dprinz99(m): 10:37am On Jan 05, 2019
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