Survey Identifies Political, Financial Risks as Top Concerns for Nigerian Facilities Management Companies, Professionals in 2020

As businesses continue the creation of values for identified problems and needs across industries and sectors, our yearly Facilities Management Risk Survey indicates that political and financial risks would be the greatest concerns of players and professionals in the industry throughout the year.

According to the professionals at corporate, business and functional levels in the industry, quality, regulatory and operational risks would equally impact activities and growth of the industry during the year. This year’s results are not quite different from what we discovered in 2019.

Our analyst observes that the risks as once again proved that the issues and uncertainties that characterized 2019 general elections would continue to have some influence on the processes being used by the players for value creation and capturing in the new year. The choice of financial risk as the second greatest risk is understandable considering the global financial market pressure points, unpredictable exchange rate market and external shocks experienced in 2019.