CPPE wants foreign traders’ permits reviewed

The Centre for the Promotion of Private Enterprise, CPPE, has called for a review of business permits, expatriate quotas and immigration approvals for foreign nationals operating in Nigeria’s retail and distributive trade sectors.
The group said the growing presence of foreign traders, particularly Chinese nationals, in the retail market could put additional pressure on Nigerian businesses and employment in areas where local capacity was already substantial.
Chief Executive Officer of CPPE, Muda Yusuf, raised the concern in a statement on Sunday, citing increasing foreign participation in textiles and fabrics, ICT products and accessories, automobile spare parts and tyres, electrical ...