Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,161,437 members, 7,846,802 topics. Date: Saturday, 01 June 2024 at 12:33 AM

Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp (5315 Views)

Shaibu: Tinubu Is Hopelessness Renewed To Move Nigeria From Frying Pan To Fire / Tinubu Has The Vision, Political Sagacity To Move Nigeria Forward – APC / Africa Is On The Rise, Says VP Osinbajo At African Securities Exchanges AGM (2) (3) (4)

(1) (2) (Reply) (Go Down)

Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by Oluwabash(m): 10:13am On Apr 04, 2019
“In the past three years, Nigeria has implemented more than 140 reforms to make doing business in Nigeria easier. The World Bank also reported in 2018 that 32 states of Nigeria improved their Ease of Doing Business environment led by Kaduna, Enugu, Abia, Lagos and Anambra states.

“In 2019, PEBEC set a goal to move Nigeria into the top-100 on the 2020 World Bank Doing Business Index (DBI). To achieve this, we will be pursuing the continued implementation of reforms across all indicators, including the implementation of legislative reforms, specifically the passage of the new Companies and Allied Matters Act and the Omnibus Bills; the expansion of the regulatory reform program which started with NAFDAC and NAICOM; and now to include other regulators; the establishment of a National Trading Platform for ports; and the concession of our major international airports.”

Below is the full text of the Vice President’s remarks:


REMARKS BY HIS EXCELLENCY, PROF. YEMI OSINBAJO, SAN, VICE PRESIDENT, FEDERAL REPUBLIC OF NIGERIA, AT THE 2ND PEBEC AWARDS, HELD AT THE STATE HOUSE BANQUET HALL, ON WEDNESDAY, APRIL 3, 2019


PROTOCOLS


It really is a pleasure to be here this evening to celebrate the phenomenal successes of the PEBEC and especially the reforms, but more importantly to recognize specially some of those who made it all possible. Our incredibly selfless and committed private sector partners and the sterling performance of many in the public sector.

In the past three years, Nigeria has implemented more than 140 reforms to make doing business in Nigeria easier. Some of the successful reforms include the ability to:

- Reserve a business name within 4-hours

- Complete the registration of a company within 24 hours online

- Apply for and receive approval of a visa-on-arrival electronically within 48hrs

- File and pay taxes online

- Access specialised small claims commercial courts in Lagos and Kano states.

The World Bank also reported in 2018 that 32 states of Nigeria improved their Ease of doing business environment led by Kaduna, Enugu, Abia, Lagos and Anambra states.

In 2019, PEBEC set a goal to move Nigeria into the top-100 on the 2020 World Bank Doing Business Index (DBI). To achieve this, we will be pursuing the continued implementation of reforms across all indicators, including the implementation of legislative reforms, specifically the passage of the new Companies and Allied Matters Act and the Omnibus Bills; the expansion of the regulatory reform program which started with NAFDAC and NAICOM; and now to include other regulators; the establishment of a National Trading Platform for ports; and the concession of our major international airports.

PEBEC has now commenced the fourth 60-day National Action Plan (NAP 4.0) on Ease of Doing Business. NAP 4.0 is running from the 1st of March to the 29th of April, 2019. It aims to deepen the reforms delivered over the past 3 years and drive institutionalization of the whole reform process.

We have highlighted key action items in all of the focus areas to ensure that they do not unravel, and to ensure we drive sustainability. Some of the targets achieved in the last NAP 3.0 include:

- Driving registration for utilization of the National Collateral Registry to facilitate access to credit for SMEs

- Clearance of all pending NAFDAC registration applications to improve efficiency; and

- Creation of a strengthened single joint cargo examination interface in all airports & seaports for import and export to reduce the time spent at the ports.

NAP 4.0 will focus on initiatives such as

- Enforcing compliance with SLAs across all indicators/focus areas,

- Driving the passage of the CAM Bill 2018 for improved effectiveness of company law in Nigeria (and as you have heard, what we are waiting for is the signing into law of the bill)

- Enhancing efficiency in the small claims court, and

- Enhancing the application and approval system for visas on arrival, to mention a few.

The Council will continue to work extensively with all MDAs, the National Assembly and other key stakeholders. All of us who have been involved in this incredible journey will agree that it has been both exciting and fulfilling even if admittedly sometimes frustrating. But that is the way of progress.

I congratulate you all for the great successes and thank you all for keeping faith with our joint vision. In particular we must commend the National Assembly for the great efforts they have made in ensuring the passage of very strategic and important bills. We must also commend our private sector partners who have contributed immensely to the technical output of the EBES through the secondment of professional staff to the secretariat.

Let me specially mention the KPMG Professional Services, Deloitte, Procter and Gamble, Banwo & Ighodalo, Aluko and Oyebode. The NBA-SBL was also particularly instrumental in the drafting of the omnibus bill. About 40 law firms worked pro-bono towards this effort. Our nation is truly grateful to you.

We must also specially commend the Hon. Minister of Industry, Trade and Investment, Dr. Okey Enelamah, for his focused and forthright leadership, and the incomparable and tireless Senior Special Assistant to the President on Industry, Trade and Investment, Dr. Jumoke Oduwole, and her team.

To the rest of us, I think we have demonstrated that the work of creating a world class environment for commerce will be done by like minds in the Nigerian private and public sectors, and these are the exceptional ladies and gentleman such as yourselves who form the PEBEC family. Well done, everyone,

Thank you and God bless you all.

Released by:

Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
4th April, 2019

1 Like 1 Share

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by eagleeye2: 10:15am On Apr 04, 2019
By making existing businesses to leave the country

15 Likes 1 Share

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by Wizygreat12: 10:16am On Apr 04, 2019
wish myself a day soft as silk.. white as milk.. sweet as honey&full of money. may all my dreams come true.. HAPPY BIRTHDAY To MySelf....My Pple show me ❤is my Day

11 Likes 5 Shares

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by Nbote(m): 10:16am On Apr 04, 2019
And who will shift for us to enta? Others are running at incredulous speed while we dey on reverse and we want to overtake dem?

8 Likes 1 Share

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by dokyOloye: 10:51am On Apr 04, 2019
Lie lie pastor.
You are moving Nigeria to the top wetin wetin while Dunlop,Michelin,PZ and most other multinationals are leaving Nigeria to our neighbouring countries.

13 Likes

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by bayelsaowei(m): 10:52am On Apr 04, 2019
grin
Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by Gucciboss: 10:52am On Apr 04, 2019
Lol.. Vision 2020 nko

2 Likes

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by ictjobber: 10:52am On Apr 04, 2019
All talk and Action

I build websites and I am based in Abuja, see my signature

1 Like

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by Bigii(m): 10:52am On Apr 04, 2019
Osinbajo is a good man with brain but you can't be in APC without lying and empty promises. These two things is affecting him. undecided

3 Likes

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by jaxxy(m): 10:52am On Apr 04, 2019
I cud almost say Osinbajo is clueless as Jonathan rite now

3 Likes

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by YourNextLevel(m): 10:53am On Apr 04, 2019
With this government is very much impossible sir!
Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by mauchiz: 10:54am On Apr 04, 2019
By mouth,

Osibanjo take action,
We are tired of speaking grammar,
Be a moving train,
Campaign is over,
Start!!!!!!!
Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by labusinessguide: 10:55am On Apr 04, 2019
... and the promises continues
Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by Kundagarten: 10:56am On Apr 04, 2019
Osinbanjo is high on codeine and tramadol.
Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by quincyshakur(m): 10:56am On Apr 04, 2019
Who dat weakling of a vice president dey deceive angry angry angry angry angry

1 Like

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by BruncleZuma: 10:56am On Apr 04, 2019
grin grin grin grin
Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by Nobody: 10:56am On Apr 04, 2019
Foreign analysts.Bill Gates suggest otherwise

1 Like

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by Lizilicious(f): 10:58am On Apr 04, 2019
Mtcheew...
Another lying machine

1 Like

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by Tywo2018: 10:58am On Apr 04, 2019
Have been hearing about this for the past 20 years Nigeria which way na. But wait oo next year na 2020 now. Nigeria and promise shaii.
Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by archangel1(m): 10:58am On Apr 04, 2019
Oluwabash:
“In the past three years, Nigeria has implemented more than 140 reforms to make doing business in Nigeria easier. The World Bank also reported in 2018 that 32 states of Nigeria improved their Ease of Doing Business environment led by Kaduna, Enugu, Abia, Lagos and Anambra states.

“In 2019, PEBEC set a goal to move Nigeria into the top-100 on the 2020 World Bank Doing Business Index (DBI). To achieve this, we will be pursuing the continued implementation of reforms across all indicators, including the implementation of legislative reforms, specifically the passage of the new Companies and Allied Matters Act and the Omnibus Bills; the expansion of the regulatory reform program which started with NAFDAC and NAICOM; and now to include other regulators; the establishment of a National Trading Platform for ports; and the concession of our major international airports.”

Below is the full text of the Vice President’s remarks:


REMARKS BY HIS EXCELLENCY, PROF. YEMI OSINBAJO, SAN, VICE PRESIDENT, FEDERAL REPUBLIC OF NIGERIA, AT THE 2ND PEBEC AWARDS, HELD AT THE STATE HOUSE BANQUET HALL, ON WEDNESDAY, APRIL 3, 2019


PROTOCOLS


It really is a pleasure to be here this evening to celebrate the phenomenal successes of the PEBEC and especially the reforms, but more importantly to recognize specially some of those who made it all possible. Our incredibly selfless and committed private sector partners and the sterling performance of many in the public sector.

In the past three years, Nigeria has implemented more than 140 reforms to make doing business in Nigeria easier. Some of the successful reforms include the ability to:

- Reserve a business name within 4-hours

- Complete the registration of a company within 24 hours online

- Apply for and receive approval of a visa-on-arrival electronically within 48hrs

- File and pay taxes online

- Access specialised small claims commercial courts in Lagos and Kano states.

The World Bank also reported in 2018 that 32 states of Nigeria improved their Ease of doing business environment led by Kaduna, Enugu, Abia, Lagos and Anambra states.

In 2019, PEBEC set a goal to move Nigeria into the top-100 on the 2020 World Bank Doing Business Index (DBI). To achieve this, we will be pursuing the continued implementation of reforms across all indicators, including the implementation of legislative reforms, specifically the passage of the new Companies and Allied Matters Act and the Omnibus Bills; the expansion of the regulatory reform program which started with NAFDAC and NAICOM; and now to include other regulators; the establishment of a National Trading Platform for ports; and the concession of our major international airports.

PEBEC has now commenced the fourth 60-day National Action Plan (NAP 4.0) on Ease of Doing Business. NAP 4.0 is running from the 1st of March to the 29th of April, 2019. It aims to deepen the reforms delivered over the past 3 years and drive institutionalization of the whole reform process.

We have highlighted key action items in all of the focus areas to ensure that they do not unravel, and to ensure we drive sustainability. Some of the targets achieved in the last NAP 3.0 include:

- Driving registration for utilization of the National Collateral Registry to facilitate access to credit for SMEs

- Clearance of all pending NAFDAC registration applications to improve efficiency; and

- Creation of a strengthened single joint cargo examination interface in all airports & seaports for import and export to reduce the time spent at the ports.

NAP 4.0 will focus on initiatives such as

- Enforcing compliance with SLAs across all indicators/focus areas,

- Driving the passage of the CAM Bill 2018 for improved effectiveness of company law in Nigeria (and as you have heard, what we are waiting for is the signing into law of the bill)

- Enhancing efficiency in the small claims court, and

- Enhancing the application and approval system for visas on arrival, to mention a few.

The Council will continue to work extensively with all MDAs, the National Assembly and other key stakeholders. All of us who have been involved in this incredible journey will agree that it has been both exciting and fulfilling even if admittedly sometimes frustrating. But that is the way of progress.

I congratulate you all for the great successes and thank you all for keeping faith with our joint vision. In particular we must commend the National Assembly for the great efforts they have made in ensuring the passage of very strategic and important bills. We must also commend our private sector partners who have contributed immensely to the technical output of the EBES through the secondment of professional staff to the secretariat.

Let me specially mention the KPMG Professional Services, Deloitte, Procter and Gamble, Banwo & Ighodalo, Aluko and Oyebode. The NBA-SBL was also particularly instrumental in the drafting of the omnibus bill. About 40 law firms worked pro-bono towards this effort. Our nation is truly grateful to you.

We must also specially commend the Hon. Minister of Industry, Trade and Investment, Dr. Okey Enelamah, for his focused and forthright leadership, and the incomparable and tireless Senior Special Assistant to the President on Industry, Trade and Investment, Dr. Jumoke Oduwole, and her team.

To the rest of us, I think we have demonstrated that the work of creating a world class environment for commerce will be done by like minds in the Nigerian private and public sectors, and these are the exceptional ladies and gentleman such as yourselves who form the PEBEC family. Well done, everyone,

Thank you and God bless you all.

Released by:

Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
4th April, 2019


Security is the foremost in any ease of doing business. let's forget about this mere academic and cosmetic rumbling.
Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by EdoBozz(m): 10:59am On Apr 04, 2019
Good.

However this is only achievable if all of you holding that federal government position dies before 2020 and a new set of sane government takes over power.

1 Like

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by Nobody: 10:59am On Apr 04, 2019

2 Likes

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by jchioma: 10:59am On Apr 04, 2019
Mr. that is why we are where we were... "We will, we shall, we would, we could".

2 Likes

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by archangel1(m): 11:01am On Apr 04, 2019
jchioma:
Mr. We will, we shall, where we were.


after four years.......

3 Likes

Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by aziaka111(m): 11:01am On Apr 04, 2019
dreamer's everywhere
Re: Fg’s Goal Is To Move Nigeria Into Top 100 On 2020 World Business Index, Says Vp by jom28gy(m): 11:01am On Apr 04, 2019
How can

(1) (2) (Reply)

Some Remedies To Judicial Corruption In Nigeria / 60 Fulani Herdsmen Caught Moving Dozens Of Guns To An Unknown Destination / Swearing In Ceremony: The Republic Of Benin Uses Python To Swear In Public Offic

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 46
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.