Foreign Investors Face Barriers Upon Entry Into Retail Sector


News: Nigeria, where the retail industry has grown by around 30% in the past one to two years, poses barriers that discourage foreign investors looking to enter the lucrative retail market. According to a real estate expert with an institutional investment firm, the inefficiency of the Nigerian port management is such that it would take investors three to four months to get their goods out of the port. 'These investors come here, walk around, go to the ports and see that they can't cope and so they go back,' said the expert (Business Day).

This article is tagged to:
Sector: Shipping, Retail
Geography: Nigeria

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