A recent survey focusing on the operational environment for European Union (EU) companies in Nigeria identified a series of significant challenges affecting their business activities.
The survey was done by Commercium Africa in cooperation with the European Business Chamber (EUROCHAM) Nigeria, which led to the first-ever mapping of EU companies active in Nigeria.
The difficulties identified range from economic to infrastructural issues, highlighting the complex landscape foreign companies must navigate in the country.
These challenges underscore the need for ongoing reforms in Nigeria’s business environment to improve foreign investors’ ease of doing business and bolster the country’s attractiveness as a destination for international trade and investment.
Below are the top seven business challenges identified by EU companies in Nigeria: