Sunday, 10 July 2016

Poor Local Government Administration Killing Businesses in Nigeria--U-Report

Local governments in Nigeria have been identified as stumbling blocks for businesses to thrive.




The inability of the lowest tire of government to support entrepreneurs as well as their culture of imposing different levies on them, are said to have  led to the folding up of private investments.

This was the outcome of an opinion poll conducted by U-Report.

It also identified lack of finance as another major barrier to starting business.

According to U-report, while 83 percent of respondents said they had considered starting their own business, another 54 percent said they knew how to start or where to turn to for advice to effectively run their businesses.

They said as soon as they have the financial assistance and levies on businesses by Local governments reduce, they would start their business and assist government in job and wealth creation.

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