CPPE raises concern over foreign traders' growing presence in Nigeria's retail sector
Nigeria, Sept. 20 -- The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over the growing participation of foreign nationals, particularly Chinese traders, in Nigeria's retail and distributive trade sector.
The organisation said the trend could have implications for employment, fair competition, investment policy and the enforcement of Nigeria's immigration and business-permit regulations.
This was disclosed in a policy brief released on Sunday and signed by CPPE Chief Executive Officer Muda Yusuf, who noted that Nigeria's distributive trade sector remains a major source of employment and livelihoods for millions of Nigerians, particularly those operating micro, small, and medium enterprises.
CPPE's call follo...
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