Business

Ease of Doing Business: ‘We’re Working on Bureaucrats’

  • Ease of Doing Business: ‘We’re Working on Bureaucrats’

Vice-President Yemi Osinbajo said on Tuesday that the Federal Government was working on the attitude of bureaucrats in order to improve the ease of doing business in the country.

He stated this during an award organised by the Presidential Enabling Business Environment Council at the Presidential Villa, Abuja on Monday evening.

The event was organised to honour individuals, ministries, departments and agencies that contributed to the recent improvement recorded by Nigeria on the World Bank’s Ease of Doing Business ranking.

“We are working hard on the attitudes of bureaucrats and persons who have been charged with the responsibility of making things easy. The whole business of processing pre-investment approvals and all of that should be with a view to making things easy, not with a view to becoming an obstacle of sort,” Osinbajo said.

He said the next few weeks would involve a lot of work, asking all stakeholders to brace for more challenges in the next plan of action towards achieving greater ease-of-doing-business environment.

The Vice-President said there was nothing the country could not achieve if its citizens set their minds on it.

He acknowledged the role of the National Assembly towards the progress recorded.

The Speaker of the House of Representatives, Yakubu Dogara, in an interview with State House correspondents, said the National Assembly only carried out its constitutional duty in passing two bills aimed at facilitating the ease of doing business in Nigeria.“It was contingent upon the National Assembly to do all we can within the shortest time possible we had to support government’s initiative in order to improve the ease of doing business in this country,” he said.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

Nigeria’s External Reserves Drop to $40.09 Billion Amid Currency Market Challenges

Nigeria’s external reserves declined to $40.09 billion as of January 21, 2025, according to data…

9 hours ago

GTCO and UBA Lead Activity as Market Cap Holds Steady at N63 Trillion

The Nigerian stock market closed on a mixed note on Wednesday as the All-Share Index…

10 hours ago

Nigerian-American Billionaire Ogunlesi Sees Fortune Rise by $600 Million in One Week

The net worth of Nigerian-American billionaire Adebayo Ogunlesi has surged by $600 million in a…

11 hours ago

Pounds to Naira Black Market Exchange Rate Today, 24th January 2025

The exchange rate between the British Pound (GBP) and the Nigerian Naira (NGN) in the…

17 hours ago

Dollar to Naira Black Market Exchange Rate Today, 24th January 2025

How Much is Dollar to Naira Today in Black Market? As of today, 24th January…

17 hours ago

Tolaram Group Drives Guinness Nigeria to First Profit in Six Months Post-Takeover

Guinness Nigeria Plc has reported a pre-tax profit of N20.1 billion for the second quarter…

22 hours ago