yesterday May 3rd, has ranked Nigeria as one of the worst
places to do business in 2016. According to the report,
Nigeria's ranking for starting business dropped eight places
from 131st position in 2015 to 139th this year.
The report also stated that getting electricity became more
difficult in 2016 as electricity supply rating in Nigeria fell
from 181st position to 182nd while registering property
improved by four places from 185th to 181st, and getting
credit/loans became tougher with a seven place drop in
ranking from 52nd ranking to 59th.
The report also rated Nigeria as the 169 country with ease
of doing business as against the 170th position it held last
year.
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