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Akande, LCCI boss hails FG over awaited ease of doing business improvement

The President of Lagos Chamber of Commerce and Industry (LCCI), Mrs. Nike Akande has jumpstarted thanking the federal government ahead of results as government map out strategies to soften ease of doing business in Nigeria.

She thanked the government for new initiatives aimed at repositioning the private sector in the economic recovery process of the country.

She said “We commend the creation of the Presidential Enabling Business Environment Council (PEBEC), chaired by the Vice President, Yemi Osinbajo, with the Honourable Minister of Trade and Investment, Dr Okechukwu Enelamah as Vice Chairman”.

“The profile of this council, as reflected in its composition, underscores the importance that the government attaches to business environment issues and by extension private sector development.

“We expect that the PEBEC initiative will remove the numerous obstacles and barriers, which have been a source of frustration to entrepreneurs.

Her happiness stemmed from government’s 60-day articulated national action plan for ease of doing business involving; reduction in business registration time at the Corporate Affairs Commission (CAC) with the upgrade of its online portal.

She said “Reduction in product registration period by relevant regulatory agencies of government, transparency and inclusiveness in procurement processes,” hinting that “Reduction in number of agencies examining cargoes at the ports and commitment to the introduction of Single Window for cargo clearance by the end of the year”.

“Streamlining immigration procedures and processes to reduce bureaucracy of issuing passports and visas, as well as issuance of Visa on Arrival.

Other measures put in place by the government according to her include the commitment to the improvement of the ambience of our international airports and upgrading websites of MDAs.

“The progress made in the engagement of the Niger Delta stakeholders is commendable. The country has witnessed a respite from attacks on oil installations in recent times,” Akande observed.

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