Challenges
Advantages
Leather Goods/Anchor Leather
Manager Implications
200

This amount of people unfortunately live below the poverty line in harsh conditions.

What is 40%.

200

This is the largest export in Nigeria and has the potential to turn Nigeria into a very wealthy country if treated properly.

What is oil?

200

This is the core value of Anchor Leather.

What is sustainability?

200

A western business manager needs to be aware of this happening on a daily basis when workers try to get there way.

What is bribery?

400

This is a major cause of wealth inequality and poverty.

What is political corruption?

400

This is a way the Nigerian government is promoting FDI's and a boost to their economy.

What is Free trade Zones?

400
Anchor leather was founded in Kenya by who.

Who is Isabell Wambui?

400

Things like relationships, respect and even where meetings take place are different in Nigeria.

What is eastern vs western business culture?

600

Althought there are lots of young workers, with this issue the business may not even be able to hire them because they cant show up consistently.

What is poor access to healthcare?
600

With a median age of 18 and a large working class on the rise Nigeria is in a good spot for growth because of this.

What is a young population?

600

This is the largest luxury leather company in Nigeria who exported over $600 million in 2019 with projections over $1B in 2025.

What is Winston Leather?

600

With a young population managers need to be aware of what as they start doing business in Nigeria.

What is different age and culture dynamics?

800
This is a significant issue and is causing families to be pushed into poverty and not be able to afford good lives for their children.

What is high inflation rates?

800

Because of government policies aimed at fostering growth and encouraging FDI this is a reason business are moving to Nigeria.

What is benefits towards business owners?

800

This country largest importer of Nigerian leather goods.

What is Italy?

800

The growing customer market in Nigeria, combined with improving infrastructure and legal systems presents this opportunities for managers.

What is favorable business?

1000

In the Niger Delta independent groups steal oil because they believe international corporation like Shell are doing what to them by not giving the money to the country and taking the money for themselves.

What is exploitation?

1000

This group is helping Nigeria grow in the energy sector and modernizing gas processing facilities in hopes of development and job creation.

What is Chinas National Chemical Engineering.

1000

This Nigerian city is the main manufacturer of leather goods.

What is Kano?
1000

Managers in Nigeria's urban areas can leverage these to foster entrepreneurial activities and startup growth.

What are business friendly laws?