Entrepreneur Upbeat about Nigeria’s Economy Despite Harsh Terrain

The Managing Director/CEO, Tank & Tummy, Mrs Titilola Mordi-Adeseye has expressed confidence in the nation’s economy despite the harsh business environment for businesses in the country.

Restating her commitment to investing in Nigeria, she said the company has opened another outlet in Lekki, Lagos, maintaining that the move is a clear demonstration of the company’s believe in Nigeria.

“I believe Nigeria is the best in the whole world. No other country is as good as Nigeria. We have our regularities which I think God will take care of When you go to someone else country, you don’t go there thinking they are the best. It is when you get there that you now know Nigeria is the best place to be. We are looking at this outlet to be very successful. In the future, nobody is ever tired, so we can move on, “she said.

Responding to a question about competing in a highly competitive industry, she said it is not about competition, but how well an investor operates in the industry

Although, having her core focus on oil and gas, she reaffirmed that there is nowhere better than investing in Nigeria, saying that oversea investment is not as rosy as people make it seem

“For instance, we have two people maybe they read the same course. You put one in Nigeria and one overseas, give them 10 years, the one in Nigeria has gone far than the one abroad. Although, they have comfort and everything they use is on credit and they have to pay. At the end of the day there is no stability and they don’t have what it takes to balance but the situation in Nigeria is far better. They overtax them over there and at the end of the day it is more or less they are working for the government but Nigeria here you can work for yourself. They do it do but the ones that made this success over there is one out of thousands and those are the ones they will show you, “She added:

She however, called on the federal government to as a matter of urgency create the enabling basic infrastructure for businesses to thrive in the country, noting that power supply still remains a challenge to the business community.