Nigeria Will Be One of the Easiest Business Destinations in 2019, Says Buhari

August 28, 2016, 2:50 pm

Nigeria will be one of the most attractive and easiest places of doing business in the world by 2019, President Muhammadu Buhari said on Sunday in Nairobi, Kenya. 

Speaking at a plenary session on "Dialogue with the Private Sector" at the sixth Tokyo International Conference for African Development (TICAD VI), Buhari said his administration was implementing policies and measures to create right and enabling environment for business and investors in Nigeria.

Nigeria is currently ranked 169 out of 189 countries by the World Bank, according to the Bank's 2016 Ease of Doing Business report.  

Presidential Senior Special Assistant on Media and Publicity, Mr Garba Shehu, in multiple statements said the president told the session attended by several African leaders, Japan Prime Minister Shinzo Abe and international business executives that his administration’s vision was to make Nigeria one of the top investment destinations in the world, within the shortest possible time.

‘‘We believe government has a particular responsibility to create right and attractive environment for businesses and economic activities to thrive.

‘‘In furtherance of this vision, we have launched the Presidential Enabling Environment Council, PEEC and Inter-Ministerial Council to oversee the efforts of government to remove various bottlenecks that stifle businesses and economic activities and thereby create economic activities and the right enabling environment and investment climate in Nigeria.

‘‘The secretariat will include strong private sector representation that would be led by experienced business professionals from the private sector.

‘‘We are committed to moving up the ranking of the World Bank’s ease of doing business index 20 places in first year and be in the top 100 within the next 3 years,’’ the president said.

Follow us on Twitter @theglobengr

 

Like this story? Get on the list for updates...it's FREE!.

Related News

LATEST POSTS

Tuface, Annie in Benue To Support Flood Victims

The popular musician, Innocent Idibia, popularly known as TuFace, has arrived at the camp for internally displaced persons in Makurdi, the Benue St....

UEFA Extends Kit Assistance Scheme to 2022

UEFA has extended its successful Kit Assistance Scheme, which supports Europe’s smaller national associations....

We're ready to prove Judiciary wrong, says Uhuru, asks IEBC to set dates

President Uhuru Kenyatta has asked the electoral agency to announce the dates for the repeat presidential elections as soon as possible.

....

IEBC Made Deliberate Mistakes, NASA Lawyers Tell Supreme Court

Presidential election results declared were not based on evidence, Raila Odinga's lawyers have said, citing the mismatch of results in Forms 34....

Uber Picks Expedia's Dara Khosrowshahi As New CEO

Uber Technologies Inc chose Dara Khosrowshahi, the chief executive of travel company Expedia Inc, as its chief executive on Sunday, according to tw....

Share