ga('send', 'pageview');

FG Adopts 60-day Plan to Enhance Business Environment

By Modupe Gbadeyanka

Acting President, Mr Yemi Osinbajo, has approved a 60-day national action plan to push through short term reforms.

Mr Osinbajo disclosed this to newsmen after the Presidential Enabling Business Environment Council (PEBEC) meeting held in Abuja on Tuesday, which he chaired.

The Acting President explained that the 60-day national action plan is aimed to achieve the objective of creating a conducive business environment in Nigeria.

He said the council will within the stipulated period focus on areas that will not only deliver tangible changes for SMEs but also help improve Nigeria’s entire business environment within the shortest possible time.

ALSO READ  Naira Depreciates Three Times In Six Hours

“We are trying to improve the business environment in three broad respects; the entry and exit of goods; entry and exit of persons into Nigeria, and then general government transparency- transparency and efficiency in government agencies, parastatals.

“The whole idea is that we are able to provide an environment for those who want to do business in Nigeria- local businesses and of course, foreign businesses,” he said.

ALSO READ  Nigeria Remains 169th On ‘Ease Of Doing Business’ Ranking

Business Post reports that the meeting was attended by the Senate President, Mr Bukola Saraki and Speaker of the House of Representatives, Mr Yakubu Dogara, at the State House.

The Acting President explained that the participation of National Assembly’s leadership at Tuesday’s meeting was to “work together, trying to improve the business environment in Nigeria.”

He pointed out that “There are pieces of legislations that we are also looking forward to seeing. We are working together with the National Assembly to ensure that these pieces of legislations are passed.”

ALSO READ  Nigeria’s Excess Crude Account Worst-Managed Funds—Report

Mr Osinbajo promised that the expected outcome of the new plan will be noticeable in improvements in all the key areas of government that facilitate trade and commerce.

He said “there are improvements which we expect to see at our ports; improvements at our airports, improvements at the seaports, improvements in immigration visas etc.

“So there are quite a few things that we have seen and which we will continue to look at.”

Related Articles

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

more recommended stories

%d bloggers like this: