*N3.4tn lost to poor infrastructure Vincent Toritseju Lagos — The 2018 Logistics and Supply Chain Industry report has revealed that the…
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He said, “Poor infrastructure, corruption and access to financing are the most problematic factors for doing business in Nigeria. Tax rates and complexity, and crime are not very problematic, by contrast.”
The group noted that Nigeria’s anemic infrastructure is in many ways the country’s greatest challenge, impeding progress in multiple areas. The value of Nigeria’s infrastructure stock is about 35% of GDP, compared with an average of about 70% for large economies.