LCCI Urges FG to Ensure Compliance

• LCCI Urges FG to Ensure Compliance

The Lagos Chamber of Commerce and Industry has urged the Federal Government to ensure that stipulated timelines are strictly adhered to by all the parties affected by the recently signed Executive Orders.

The President, LCCI, Dr. Nike Akande, commended the government for the orders signed by the Acting President, Prof. Yemi Osinbajo, last week, as part of measures to change the way government business and operations are being conducted in the country.

“We also note with appreciation the robust level of consultations on ease of doing business that preceded the signing of these orders,” she was quoted as saying in a statement on Tuesday.

According to her, the three main pillars of the orders, namely, promotion of transparency and efficiency in the business environment, support for local content in public procurement by the Federal Government, and efficient operation and implementation of the federal budget, have been key focus areas of the LCCI’s advocacy campaign over the last few years.

Akande said, “We believe that the executive orders will impact the ease of doing business, fast-track budgetary administration as well as promote made-in-Nigeria products.

“We seek continued consultations and engagement with the business community and the bureaucracy in building understanding and buy-in of all stakeholders.”

She said the LCCI would track the compliance with the orders by relevant Ministries, Departments and Agencies of government for follow up compliance and report outcomes/feedback from private sector players on an ongoing basis.

“We call on the state governments to replicate these reforms as applicable in their respective states. This is required to complement the efforts of the Federal Government on ease of doing business in Nigeria,” Akande added.