African Accounting Studies | 28 July 2006
Challenges and Opportunities in Post-Conflict Nigerian Businesses
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Abstract
Post-conflict Nigeria has seen a complex economic landscape characterized by challenges such as corruption, political instability, and infrastructure damage. An action research approach was employed, involving semi-structured interviews with business owners and field observations of key sectors. Businesses reported a significant increase (35%) in operational costs due to the need for repairs and upgrades compared to pre-conflict levels. The findings highlight the critical role of government support and community engagement in fostering sustainable economic recovery. Stakeholders are advised to prioritise infrastructure development, streamline regulatory frameworks, and strengthen public-private partnerships (PPP) as key strategies for business growth.