My bank manager said they would not accept a LC if it originated from a Nigerian Bank, an aircraft leasing company would not lease us an aircraft if the AOC was in Nigeria. My travel agent wont let anyone pay by credit card if they are travelling to Nigeria.
I have three times entered into business arrangements / partnerships with Nigerians (I am not talking about the 419 email scams) used the usual checks and balances that have worked for me in many other countries. Yet each time its gone sour, because of greed and the need to display wealth even before its earned.
I have come to the conclusion it is just not worth the risk of doing business in the country, yet I know there is great potential, I am sure i am not alone. Infact i suspect it is major hinderence to development and must be frustrating for honest Nigerians
There is something rotten in the state of Nigeria, I would like to know what and why, and what the good Nigerians think could be done about it?
2006-09-17
04:17:28
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11 answers
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asked by
Andrew
3