FG seeks 100th position on Ease of Doing Business index —Finance minister

Описание: Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said that the Federal Government is working on operational, regulatory and legislative interventions to move the country to the top 100 in the world on Ease of Doing Business ranking.

Ahmed disclosed this at a news conference on the forthcoming 25th Nigerian Economic Summit in Abuja on Monday.

She explained that President Muhammadu Buhari’s administration had taken steps toward making the country investment-friendly and competitive.
She said part of this was the establishment of the Presidential Enabling Business Environment Council, to address constraints to businesses and the Executive Orders focusing on Ease of Doing Business.
Ahmed said, “We have also established a Competitiveness Advisory Council and Special Economic Zones in the six geo-political zones, as a vehicle for partnering with the private sector.

“The initiative is in line with modern trend of providing infrastructure to business clusters to improve and boost economic activities in such zones as found in China and other fast-growing economies.

“We believe that these initiatives will improve trade balances, investment and create jobs.

“Government is also working toward launching a broad range of sector–specific activities to attract investment and drive growth through improving regulatory efficiency.

“In this respect, the Solid Mineral Development Fund (SMDF)is being refocused to de-risk value chains in the mining sector and diversify national income streams.”