Lack of business competition undermines Vision 202020 dream

Channels Television  
Updated September 10, 2012

President of Nigeria/America Chamber of Commerce, Sam Ohuabuwa,  on Monday said that the lack of business competition in Nigeria may hamper the country’s strive to be among the top 20 economies in the world in 2020.

Speaking on Channels Television’s programme, Business Morning, Mr Ohuabuwa said the issue of business competitiveness has bothered those doing business in Nigeria. He also discussed the cost of doing business in Nigeria.

Nigeria was ranked 183 in a global survey the countries with high cost of doing business.