Key Research Findings
State of Competition Issues in
Nigeria
Adedeji B Abiodun
CEON, Nigeria
NRG-II Meeting, Abuja,
11th Jan 2010
Progress with the National
Competition Legislation
 Government
yet to adopt a
competition law
 Perceived lack of consensus between
the different government deptts. and
‘turf issues’
 Recent introduction of Competition
and Consumer Protection Bill 2009
Political Economy Constraints
 Lack
of political will – stemming from
lack of understanding of benefits
from an effective competition regime
among politicians
 Perceived opposition from big
businesses towards adoption of the
law
Competition and Sectoral
Regulation – Interface Issues
 Issue
not properly addressed in the
draft Bill 2009
 Need for the Act, when it comes in to
articulate need for
cooperation/consultations
 Sector regulators are mandated to
promote competition in the sectoral
markets
Analysis of Stakeholder Perception
 Low
level of awareness among
government and business segments
about competition law
 Strong lobbies/vested interests and
corruption seen as impeding factors
 Frequent reporting of anticompetitive practices in media
Competition in Agriculture Sector
 Farmers’
reliance on old stocks of
crop seeds/stocks due to high prices
affect productivity
 Lack of competition in seeds and
fertiliser markets – reason for high
input costs
 Need for market-based interventions
to improve productivity (National
Food Security Programme 2008)
Thank You
for your attention!