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Tag Archives: ease of doing business

Delay in budget passage, official minus for FG’s ease of doing business drive—BHIU

budget 333

Since the second quarter of 2017, the Federal Government of Nigeria kick-started a serial campaign it called ‘ease of doing business’ with seemingly marching policies and executive orders to convince both foreign and indigenous investors that doing business in Nigeria is no more business as usual. The quest for the campaign stemmed from a publication of the World Bank which ...

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S’Africa far better, more attractive than Nigeria in ease of doing business—Itsede

Okey Buhari

Former Director, Central Bank of Nigeria (CBN), and Executive Chairman, Polar-Afrique Consulting Limited, Dr. Chris Osi Itsede, has scored the federal government very low in its ongoing campaign in driving ease of doing business in Nigeria. He made it clear that up till now, South Africa is better by far when compared with Nigeria the ease of doing business in ...

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Worried by failures, FG plans re-launch of ease of doing business

okechukwu-enelamah

In what pundits see as a subtle way of accepting poor results of the first launch of the ease of doing business in Nigeria, the federal government has decided to unveil what it described as second action plan on the scheme. This was made public by the Minister of Trade and Investment, Dr. Okechukwu Enelamah, shortly after the end of ...

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States’ W/Bank ranking’ll expose regulatory hostilities to businesses—Expert

World-Bank Logo 44

New idea of the World Bank to rank Nigerian states on ease of doing business will expose the real cause of stagnancy in new local business developments across the states. A leading development economist, Dr. Ken Igboanugo has said. In a telephone interview on Monday, he said “There is no need of looking for what is missing”. “In the first ...

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Failed scanners at ports leave Customs with option of 100% exams, cargo delays—Sifax

Sifax group

After several claims and counter claims by the leadership of Nigerian Customs Service (NCS) that it is on top of the challenge of fixing failed scanners at the ports more than two months ago, nothing has happened. This according to the Group Executive Vice Chairman, SIFAX Group, Dr. Taiwo Afolabi has continued to frustrate the planned 24 hour port operations ...

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Revival of Ikorodu Terminal insight as Ogbeh, NPA seal deal on processing Agro Export

Audu NPA

Indications are underway that as part of the Presidential order on Ease of Doing business and usefulness of Seaports for agro-export, the Federal Ministry of Agriculture and Rural Development (FMARD) is in serious talks with the Nigerian Ports Authority (NPA) to use moribund Ikorodu Terminal for processing agricultural products for export. It would be recalled that the Minister, Chief Audu ...

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Recession, ease of doing business forcing CBN to dump financial inclusion campaign

CBN emefiele 2

When the current little or no speed with which the Central bank of Nigeria (CBN) is driving its campaign on financial inclusion is compared with what it used to be before the advent of recession, indications are rife that the scheme may have been jettisoned. Besides, the sudden collapse of the speed is further manifested since the World Bank report ...

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Nigeria still failing woefully in every parameter in ease of doing business—UNIDO

Unido

Contrary to continuous claims by the federal government that recent policies it rolled out to push up ease of doing business are working, the UNIDO Representative to ECOWAS and Regional Director, Nigeria Regional Office Hub, Mr. Jean Bakole weekend said measuring parameters are still in reds. He said the country ranks very poorly in the Ease of Doing Business 2017 ...

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Ease of doing business getting better in maritime sector, NIMASA DG claims in Houston

Nimasa OTC

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has said that the Ease of Doing Business Initiative programme, coordinated by Vice President Yemi Osinbajo is yielding fruits particularly in the maritime sector as red tapes and bottlenecks which hitherto mitigated against investment in the sector, have started disappearing. He made the claims before ...

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Survey shows Nigerians tired of FG’s promises in growing ease of doing business

Udoma, Buhari, Adeosun

A random survey carried out by Business Hilights Economic Team  on the acceptability and effectiveness of federal government’s policies and activities in driving ease of doing business since the beginning of the year has shown that Nigerians are beginning to lose trust and followership in governments ‘pronouncements bordering on ease of doing business’. Out of over 1,000 Lagos and Abuja ...

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