There is a nexus between the political system of a country and the business environment, and this is manifest in developed economies like the United States of America, the United Kingdom, France, Japan, Canada, and Italy. 

At the recent 2022 Institute of Directors, Nigeria Fellows Luncheon in Lagos, Sir Demola Aladekomo the Founder of Chams Plc, who was the keynote speaker highlighted the challenges businesses can face in the country if the political system is flawed. 

Based on the experience of his business entity with the Federal Government, he stressed the need for the Nigerian private sector to show more interest in the outcomes of elections at the federal and state level.