Vice President Yemi Osinbajo says that the Federal Government has implemented no fewer than 140 reforms on ease of doing business in the past three years.
Osinbajo said this at the 2nd Presidential Enabling Business Environment Council (PEBEC) Awards 2019 adding that Nigeria has implemented more than 140 reforms to make doing business in Nigeria easier.
“Some of the successful reforms include the ability to-reserve a business name within four hours.
“Complete the registration of a company within 24 hours online.
“Apply for and receive approval of a visa-on-arrival electronically within 48hrs.
“File and pay taxes online; and access specialised small claims commercial courts in Lagos and Kano
“The World Bank also reported in 2018 that 32 states of Nigeria improved their ease of doing business environment led by Kaduna, Enugu, Abia, Lagos and Anambra,” he said.
He said that in 2019, PEBEC set a goal to move Nigeria into the top-100 on the 2020 World Bank Doing Business Index (DBI)
Osinbajo said that to achieve that, Nigeria would be pursuing the continued implementation reforms across all indicators.
He said that the indicators included implementation of legislative reforms, specifically the passage of the new Companies and Allied Matters Act and the Omnibus Bills.
(NAN)