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Why do most businesses fail in Nigeria.

Lifestyle 73 days ago Participants (1)
  • Rossi

     

    📌 Post 1:

    Everywhere you look, new businesses are springing up in Nigeria fashion brands, food delivery, crypto, tech startups. But within 2–3 years, most of them shut down. Why does this keep happening? 🤔

     

    📌 Post 2:

    Some blame the economy: no power supply, high inflation, and unstable government policies. Others say it’s poor management, people rush into business without proper planning.

     

    📌 Post 3:

    But on the flip side, we see young Nigerians building brands online, making sales from Instagram, TikTok, or even Konnect. So clearly, success is still possible.

     

    📌 Post 4 (Closing):

    So here’s the big question:

    👉 Do businesses in Nigeria fail mostly because of the system or because of the entrepreneurs themselves?

     

    Drop your thoughts 👇 Let’s learn from each other.”

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