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Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN - Business (4) - Nairaland

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Re: Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN by Bellotelli: 3:54pm On Apr 14, 2023
Daguga:


Even if it may be untrue or inaccurate, businesses are really dying because the Nigerian environment is less favorable to businesses considering decline in economic growth and increasing exchange rates and the inflation rate.
How about the political issues plus non accessibility to new naira notes of recent.
What kills small scale businesses the most in Nigeria is inadequate infrastructure like electricity and also high and multiple taxes and tariffs by government and it agencies.

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Re: Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN by Quodseverismete: 4:44pm On Apr 14, 2023
sonature1:
These people keep electing clueless people to drag everyone into abject penury.

Before 2015 election, one northerner told me on Facebook that even if Buhari would drag everyone into hellfire, he would still vote for the man.

That's the kind of mentality that keeps taking this country backwards in everything.


My brother you nailed it.
If you bring the best of the best brain in the world that will fix Nigeria today even with all evidence, THEY WILL ASK YOU WHAT IS HIS RELIGION AND TRIBE?. Nigeria can never get it right because of religion and tribalism.
Re: Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN by Godsownfc(m): 5:18pm On Apr 14, 2023
WHITELIGHTER:


If they said 2m, that means the actual number should be like 5m...look around u, how many businesses are still surviving since 2015??! U see different business In a particular shop every 12months
Seriously, especially doing this cash crunch, maybe business went down
Re: Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN by caesymore(m): 6:11pm On Apr 14, 2023
TemplarLandry:
Believe Nigerian Government's agencies' statistics at your own peril. How did they arrive at that number? I'm looking forward to our upcoming first digital Population and Housing Census, we're about to know our real population for the 1st time.

You still believe these scammers, well, its at your own peril
Re: Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN by Juleeee: 8:31pm On Apr 14, 2023
WHITELIGHTER:


If they said 2m, that means the actual number should be like 5m...look around u, how many businesses are still surviving since 2015??! U see different business In a particular shop every 12months


Like seriously, the whole capital city is dried up with less people from Monday to Monday,
You can't even differentiate between weekends and weekdays in Abuja anymore.
Re: Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN by Juleeee: 8:38pm On Apr 14, 2023
blacksam01:


its not ake product...its lack of knowledge to run a bizness

Lack of knowledge to run a business seriously?
Re: Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN by WHITELIGHTER: 8:55pm On Apr 14, 2023
Juleeee:



Like seriously, the whole capital city is dried up with less people from Monday to Monday,
You can't even differentiate between weekends and weekdays in Abuja anymore.
Thank God we all noticed

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Re: Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN by Archtype(m): 8:59pm On Apr 14, 2023
E go pass 2 Million ooo... Buhari's Govt really F- things Up.... Talking from experience
Re: Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN by blacksam01: 10:51pm On Apr 14, 2023
Juleeee:


Lack of knowledge to run a business seriously?

yes av seen plenty examples of that...

entrepreneurs dont know the bizness shld pay them salary, not take all the business profit as ur own....99% dont know how to calculate fix codt nd how to infuse it into the account proprr..

u see business owners doung their day to day personal transaction with company account...

lack of pre business viability study for news
Re: Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN by Funkybabee(f): 11:48am On Apr 15, 2023
The policies emefiele made would have been over 2mil.

People will be saying they can't transfer, it's not going you will not just hear from them

Infact my next coming will not be definitely be Nigeria that's even I wish.

The recent experience is worst

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