Tuesday, 15 November 2016
Minister of agriculture and rural development Chief Audu Ogbeh has lamented that Nigeria is a tough country to do business. Share on FacebookShare on TwitterShare on WhatsappOgbeh warned that it will be difficult for businesses to survive with the current lending rates of banks Ogbeh made the comment while speaking at the 2016 Annual Conference of the Business and Professional Women (BPW) of Nigeria in Abuja with the theme: “Leaders growing leaders”. The minister condemned the lending rate being charged by banks in Nigeria, warning that with the development, it will be difficult for businesses to survive. According to The Nation, he expressed concern that with high lending rate, doing business in the country would be discouraging. READ ALSO: Ericsson concludes plan to sack Nigerians, move operating centre to India Ogbeh said: “Nigeria is a tough environment to do business in. One of the issues that I have always complained about is the outrageous interest rate, which banks charge today. googletag.cmd.push(function () { googletag.display("div-gpt-ad-1466602402384-0") });
Read more: https://www.naij.com/1047222-buhari-minister-confesses-says-nigeria-tough-country-business.html