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Financial analyst Kalu Aja and lawyer Ilemona Onoja warned that overlapping agency mandates are making Nigeria more expensive to do business inThe experts spoke during an X Space discussion on regulatory uncertainty in Nigeria’s economy on Saturday, July 19, 2026Onoja called for mandatory Regulatory Impact Assessments before new rules take effect, urging Nigerians to engage in public hearings actively
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Financial analyst Kalu Aja and lawyer Ilemona Onoja have warned that overlapping regulatory responsibilities among government agencies are increasing the cost of doing business in Nigeria, discouraging investment and ultimately pushing higher costs onto consumers.
Experts urge Nigeria to harmonise regulatory agencies to reduce compliance costs and improve the ease of doing business. Photo: BloombergSource: Getty Images
Speaking during a public discussion on Nigeria’s regulatory environment, the experts said poor
