Govt Begins 60-day Action Plan on Ease of Doing Business

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  • Govt Begins 60-day Action Plan on Ease of Doing Business

The Federal Government will on October 2 begin another 60 days action plan on the ease of doing business in the country.

Minister of Industry, Trade and Investment Okechukwu Enelamah, stated this at the end of an expanded Presidential Enabling Business Environment Council (PEBEC) meeting at the Presidential Villa in Abuja. The meeting was chaired by Vice President Yemi Osinbajo.

Enelamah said: “We have had a very success enabling business environment council meeting. It was an expanded meeting where the Chief Justice of Nigeria was there, representative of senate president, Lagos and Kano governments and all the key ministers and heads of agencies were there.

“It was a stock taking meeting. We have taken stock of what we have achieved already, the journey so far with a plan on the way forward, the idea being that we want to have a second round of the national action plan which is is even more ambitious than the first one. We really want to make it easy for people to do business in Nigeria.” he said

Secretary of PEBEC Dr. Jumoke Oduwole said the National Competitiveness Council of Nigeria is collaborating with the council on the subnational project.

According to her, the council is working with all the states and the FCT in order to make sure that the states are involved.

She said “We are taking ease of doing business state wise. And we are collaborating widely with the private sector, all state governments, the National Assembly.

“We are going to have an omnibus bill that will wrap up all the irritant but most importantly, we are lunching a new 60-day action plan starting from 2nd of October running to the 30th of November and we are going to have the press pack that will contain all the reforms that all the MDAs are going to be working on.

“It’s going to be a very exciting time and we are looking forward to tangible deliverables for the Nigerian people.

“We are targeting SMEs. We want the business climate to be simpler, you don’t need to know anybody to do business effectively in Nigeria. Larger companies ally of the time have different kinds of problems, we want systemic change for small and medium size enterprises. We had the acting DG of NAFDAC, DEC, DG of SON, we had heads of police, immigration, customs, ports authority, the airport, the judiciary.

Senator Bala Ibin Na’allah, who represented the Senate President, Bukola Saraki, said the National Assembly would not fail to support moves to ease doing business in Nigeria.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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