Nigeria managed to occupy the 127th position while other African countries like Gambia, Kenya, occupied the 99th and 102 position respectively.
In global competitiveness index, Nigeria was ranked 127 out of 142 countries in 2012, 127 out of 139 in 2011, 99 out of 133 in 2010 and 94 out of 134 in 2009.
In the report, which was published at the weekend, Republic of Benin ranked 104, Ethiopia, 106. Senegal, Zambia, Ghana and Malawi were also ranked above Nigeria by occupying the 111, 113, 114 and 117 position respectively.
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