Climate in Nigeria
Resource information
Nigeria's vision of 2020 is a bold
desire to be among the top twenty economies by the year
2020. The economy has posted impressive growth figures since
2003 driven by higher oil prices and a series of home-grown,
economic reforms. The country is now firmly on the road to
middle-income status. This Investment Climate Analysis is
built on a 2,300 firm survey and provides evidence-based
recommendations designed to support the vision 2020. Survey
results represent investment climate status in Nigeria and
are grouped by the following topics: firm productivity and
business environment, comparison of state level investment
climates, access to finance, entrepreneurship and managerial
capacity in firms, and investment climate aspects. The
authors conclude that stakeholder consultations on the
diagnostic work, policy assessment, and design would improve
Nigeria's investment climate.
