Musings: Nigerian Business Landscape Improvement Issues

Introduction

BusinessDay, 21/5/2012: "Consolidated Breweries attributes decline in profit to increasing operational costs". "We rely heavily on generators to power our Breweries and the attendant cost of operations always affect our profitability...the country's road network still leaves a lot to be desired,  resulting in frequent breakdown of our trucks and adding to the already high transportation cost."

Same day, The Guardian's front page screamed: "MAN lists woes, wants production tools duty-free". MAN has called for "...removal of duty or tariff on machinery and equipment to stimulate activities in the manufacturing sector, Jamodu [President MAN]....lamented the high cost of providing independent power to factories by MAN members, stressing that power supply accounts for 40 per cent of production costs in Nigeria compared to five to 10 per cent in countries with more stable electricity supply. 'It costs twice to manufacture a product in Nigeria than in