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Home Government We Must Sustain the Ease of Doing Business Reforms- Osinbajo
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We Must Sustain the Ease of Doing Business Reforms- Osinbajo

By
Laolu Akande
-
July 21, 2020
Yemi Osinbajo
Yemi Osinbajo
  1. We Must Sustain the Ease of Doing Business Reforms- Osinbajo

    The Buhari administration’s business reforms, through the Presidential Enabling Business Environment Council (PEBEC), is an opportunity to significantly boost local and foreign investments in the country, according to the Vice President Yemi Osinbajo.

    Prof. Osinbajo spoke today at a virtual meeting of the PEBEC to review the state of the reforms across a number of government agencies, noting that the Federal Government will continue to take the opportunity and ensure that more results are recorded.

    As a result of the work of PEBEC, the World Bank has praised the economic direction of the Buhari administration and ranked the country higher in its annual Ease of Doing Business Rankings.

    According to the Vice President, “This is a country with so much promise, this is a country that has so much resources and our administration has every opportunity to do something profound about investments in Nigeria.

    “We must focus on how to get our business environment working.”

    Read Also:

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    Earlier in his presentation, the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo expressed optimism that the challenges observed in sustaining the successes recorded in the reforms will be addressed.

On his part, the Minister of the Federal Capital Territory (FCT), Alhaji Mohammed Bello, said sustaining the PEBEC reforms is a priority for Nigeria as the country would not have risen in the Ease of Doing Business rankings if not for PEBEC.

The Special Adviser to the President on Ease of Doing Business, Dr. Jumoke Oduwole, said the Enabling Business Environment Secretariat (EBES) will continue to drive the mandate of PEBEC through extensive collaborations, adding that the National Action Plan 5.0 has been extended to July 29, 2020.

Attendance at the meeting, chaired by Vice President Yemi Osinbajo, included Minister of Industry, Trade and Investment, Otunba Niyi Adebayo; Minister of Interior, Mr. Rauf Aregbesola; Minister of FCT, Alhaji Mohammed Bello; Minister of Communication and Digital Economy, Dr. Isa Pantami; Minister of Information, Alhaji Lai Mohammed; Minister of State for Industry, Trade and Investment, Amb. Mariam Katagum; Head of Civil Service of the Federation, Dr. Folashade Yemi-Esan; Special Adviser to the President on Ease of Doing Business, Dr. Jumoke Oduwole, amongst other members of the council.

Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President

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Police Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide CrackdownPolice Raid Bandits’ Camps, Recover Arms, Arrest Suspects in BenueArewa Economic Forum Chairman Loses MotherLuanda Summit: AUDA-NEPAD Taps AI, Green Bonds as it Launches Marketplace for Africa’s Infrastructure PushFlood Alert: Heavy Rains Threaten 7 Nigerian States this Weekend August 24-24NAF Eliminates Over 35 Terrorists at Assembly Point Near Cameroon BorderPolice Arrest 65-Year-Old Arms Trader, Suspected Chinese Illegal Miner in AnambraCustoms Consolidates Reforms as Reputation Campaign Wraps Up in Zone ‘D’Navy Dismantles Illegal Refining Site in BayelsaIs Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau A. ShuaibMattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon Aremu AbiodunArewa Consultative Forum Engages Influencers to Amplify Northern IdentityMan, 65, arrested for illegal arms deal in Anambra - PoliceDelegations Arrive Abuja for Inaugural African Defence Chiefs SummitTroops Neutralise 7 Bandits, Recover Motorcycles in Katsina
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