10 Worst Places In The World To Start A Startup


 

5. Nigeria

FDI 2010 – $6.1 billion

GDP 2010 - $194 billion

Growing ethnic, religious and political conditions makes Nigeria one of the worst place to start business in. The report takes three months to get through 13 procedures to register a business in this economy. It has severe poverty and pollution to add on to its problems making it completely a bad place to work in.