Dis Guy:

lack of broadband!!

another thing is people dont have ways of seeking redress, when someone defualts
theres absolutely not 'easy' way of getting your money back, its either they disappear or just come after your life!

Dis Guy:

oh boy, when someone that owes you money get police to arrest you then you know you are in nigeria!

ibkn:

the very worst people one can trust in this world are nigerians becus they neva keep thier own end of a bargain, always wanting to be smarter and better than you. in english plain dishonesty.
dont get me wrong by thinking am referring to all nigerians but most of them.
also the govt aint making our tasks easier, no light, water etc the usual complains a business man will do so as to evade payment, u kno eating without wanting to pay 4 d food. in dealing with an average nigerian with a proposal to you, kno dat he will want to reap u up in the end,
also lastly if u cannot monitor a business, or you kno its beyondd you like marketing/negotiiiating get someone who can do it for you or donot do it at all,
ciao.
tales from a disillusioned nigerian youth,

AjanleKoko:

Most of these frustrations exist elsewhere. I think Nigeria is fertile ground for good business, since exposure is very thing on the ground, and little or no regulation exists.
The issue with Nigerian business is the lack of co-operation. Look at Asians in the UK for example. Nigerians should also endeavour to team up and work together. Everybody is always trying to eucher the next person, because that's the level of sophistication that we have just now.
A good example of how good business can be done is the music and entertainment industry in Nigeria. I mean, look at the Mo Hits guys, Don Jazzy, Wande Coal, D'Banj, etc. A brilliant combination of local/foreign money, local talent, and the know-how of how things are done elsewhere, creating solid products.
In a typical Naija approach, Don Jazzy would only want to release albums for his pallies and girlfriends, regardless of whether the stuff sells or not. He would now be constrained to whatever they can sing, and that is what filters out to the general public.
Now these artists are doing collabos, etc, supporting each other. Or did you guys think Sean Paul and Rihanna are best of pals? Not necessarily. The producers of both acts would typically recognise that these are the guys people want to listen to, and bring them together. More money for everybody. Bring in sharp lawyers to draw up solid contracts. End of story.

We have to learn how to collaborate without trying to swindle each other (most times crudely).

sley4life:

Dont trust any1 doing business in 9ja. You are faced with lots of obstacle

One absolutely sharp person asked (in the Bible) who would go to war or build a house without first counting the cost so that he wouldn't get to a point and be unable to continue.

Naija is tough only for those who don't have the solution in them, either due to fear or ignorance. Let me explain -- Take any business and imagine that you have a national market of 140 Million people. What proportion of that do you need to do well? When I started my ice-block biz (building machines AND ALSO selling ice a few years ago), I made up my mind to [1] produce the most efficient dependable machines around. I applied my university degree into a field populated mainly by semi-literate technicians and not only caught up with them but left them behind eons ago. They build beautiful useless furniture because people are visually affected. I build ugly machines which remind you to get to work and make money. [2] produce the hardest, coldest ice around. Same thing. All I need now is a quarter to half the time they need to get ice whose quality many find difficult to believe.

The truth is that such takes a lot: absolute dedication, bloody hard work and 100% deafness and dumbness. I remember people would laugh at this Computer Science degree holder cos he was wet, dirty and even learning (then) how to weld. No longer do they snigger. Rather, many gape when they observe whats on ground. It took 2 and a half years but lets remember William (Bill) Gates  was once considered a dropout (I can't remember anyone using that as a title for him anymore). Naijas will make fun of you at the start then praise you at the end. From "Lazy idiot -is that what his mates are doing,  . . . .  TO  I KNEW THE GUY IS BRILLIANT AND THAT HE HAD A PLAN ALL ALONG". 1 percent of 1 percent of Nigerians each giving any of us 10 Naira daily adds up to a reasonable measure of comfort which scarcely any can boast of. Plus its all on your own time! You decide when, how and where. And have a right to continue expanding till you become Dangote or go easy.

A day will come when someone (or group of such) will look at Lagos, ask the govt to allow them build a 6 lane bridge from Isolo to Lekki and erect toll gates to collect toll for 20 years. I suspect Lagos will agree. Another will Build a power station for himself then start to sell and expand till he/she generates and sells say 1, 000 MVA. Others will see and follow suit and thus will Naija develop.

Waiting for the government is a waste of time. America was built to todays standards by private enterprise. Thats why you'll find dozens of types of bread on supermart shelves - because of competition each striving for a target audience/market share. Here, its just Agege bread.

Conquer yourselves and then  the environment - The same book that asked my question above also tells us we were given the right to GO, SUBDUE THE EARTH AND ETC ETC ETC,